| Product Code: ETC11481312 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Peru`s candle import market continues to thrive with significant growth trends. In 2024, top exporters like China, USA, and Canada are dominating the market, showcasing high concentration levels with a very high HHI. The industry`s impressive CAGR of 17.7% from 2020 to 2024 indicates a strong upward trajectory, with a notable growth rate of 7.75% from 2023 to 2024. Peru`s increasing demand for candles from key exporting countries highlights a promising market outlook for the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Peru Candles Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Candles Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Candles Market - Industry Life Cycle |
3.4 Peru Candles Market - Porter's Five Forces |
3.5 Peru Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Peru Candles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Peru Candles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Peru Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F |
4 Peru Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer interest in eco-friendly and sustainable products |
4.2.2 Increase in demand for aromatherapy and wellness products |
4.2.3 Rising popularity of home décor and ambiance products |
4.2.4 Expansion of e-commerce platforms for easy access to candles |
4.2.5 Growing tourism industry leading to higher demand for souvenir candles |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from alternative products such as air fresheners and diffusers |
4.3.3 Regulatory challenges related to environmental standards and safety regulations |
4.3.4 Economic instability impacting consumer purchasing power |
4.3.5 Seasonal fluctuations in demand for candles |
5 Peru Candles Market Trends |
6 Peru Candles Market, By Types |
6.1 Peru Candles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Candles Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Peru Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F |
6.1.4 Peru Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F |
6.2 Peru Candles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Peru Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
6.2.3 Peru Candles Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.3 Peru Candles Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Peru Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F |
6.3.3 Peru Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F |
6.4 Peru Candles Market, By Scent Type |
6.4.1 Overview and Analysis |
6.4.2 Peru Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F |
6.4.3 Peru Candles Market Revenues & Volume, By Unscented, 2021 - 2031F |
7 Peru Candles Market Import-Export Trade Statistics |
7.1 Peru Candles Market Export to Major Countries |
7.2 Peru Candles Market Imports from Major Countries |
8 Peru Candles Market Key Performance Indicators |
8.1 Number of online searches for eco-friendly candles |
8.2 Percentage increase in sales of aromatherapy candles |
8.3 Growth in social media mentions and influencer collaborations for candles |
8.4 Number of hotel and spa partnerships for candle supply |
8.5 Consumer sentiment analysis on the perception of candles as a home décor item |
9 Peru Candles Market - Opportunity Assessment |
9.1 Peru Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Peru Candles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Peru Candles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Peru Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F |
10 Peru Candles Market - Competitive Landscape |
10.1 Peru Candles Market Revenue Share, By Companies, 2024 |
10.2 Peru Candles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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