| Product Code: ETC5680398 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Uruguay candle market, the import trend showed significant growth from 2023 to 2024, with a growth rate of 21.43%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 23.59%. This uptrend can be attributed to increasing consumer demand for unique and scented candles, reflecting a shift towards premium products in the market.
Uruguay's Candle market is anticipated to experience a growing growth rate of 8.99% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Uruguay Candle Market Overview |
3.1 Uruguay Country Macro Economic Indicators |
3.2 Uruguay Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Uruguay Candle Market - Industry Life Cycle |
3.4 Uruguay Candle Market - Porter's Five Forces |
3.5 Uruguay Candle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Uruguay Candle Market Revenues & Volume Share, By Wax, 2021 & 2031F |
3.7 Uruguay Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Uruguay Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about eco-friendly and sustainable products |
4.2.2 Growing demand for home décor and ambiance products |
4.2.3 Rising popularity of aromatherapy and wellness trends in Uruguay |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like wax and fragrances |
4.3.2 Intense competition from alternative home fragrance products like diffusers and sprays |
4.3.3 Limited shelf space in retail outlets for displaying candles |
5 Uruguay Candle Market Trends |
6 Uruguay Candle Market Segmentations |
6.1 Uruguay Candle Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Uruguay Candle Market Revenues & Volume, By Votive, 2021-2031F |
6.1.3 Uruguay Candle Market Revenues & Volume, By Container Candle, 2021-2031F |
6.1.4 Uruguay Candle Market Revenues & Volume, By Pillars, 2021-2031F |
6.1.5 Uruguay Candle Market Revenues & Volume, By Tapers, 2021-2031F |
6.1.6 Uruguay Candle Market Revenues & Volume, By Others, 2021-2031F |
6.2 Uruguay Candle Market, By Wax |
6.2.1 Overview and Analysis |
6.2.2 Uruguay Candle Market Revenues & Volume, By Paraffin, 2021-2031F |
6.2.3 Uruguay Candle Market Revenues & Volume, By Soy Wax, 2021-2031F |
6.2.4 Uruguay Candle Market Revenues & Volume, By Beeswax, 2021-2031F |
6.2.5 Uruguay Candle Market Revenues & Volume, By Palm Wax, 2021-2031F |
6.2.6 Uruguay Candle Market Revenues & Volume, By Others, 2021-2031F |
6.3 Uruguay Candle Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Uruguay Candle Market Revenues & Volume, By Offline, 2021-2031F |
6.3.3 Uruguay Candle Market Revenues & Volume, By Online, 2021-2031F |
7 Uruguay Candle Market Import-Export Trade Statistics |
7.1 Uruguay Candle Market Export to Major Countries |
7.2 Uruguay Candle Market Imports from Major Countries |
8 Uruguay Candle Market Key Performance Indicators |
8.1 Average price per candle sold in the market |
8.2 Number of new candle product launches in a given period |
8.3 Percentage of consumers who prioritize buying locally-made candles |
8.4 Growth in online sales of candles in Uruguay |
8.5 Number of candle-making workshops and events organized in the country |
9 Uruguay Candle Market - Opportunity Assessment |
9.1 Uruguay Candle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Uruguay Candle Market Opportunity Assessment, By Wax, 2021 & 2031F |
9.3 Uruguay Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Uruguay Candle Market - Competitive Landscape |
10.1 Uruguay Candle Market Revenue Share, By Companies, 2024 |
10.2 Uruguay Candle 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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