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Global Flameless LED candles
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Home » Our Report Repository » Global Flameless LED Candle Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis
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Global Flameless LED Candle Market Analysis and Global Forecast (2021-2028) with COVID Impact Analysis

$ 3,475.00

Global Flameless LED Candle Market by Type (Scented, Unscented), By Application (Commercial, Home and Personal), And By Geography–COVID-19 Impact Analysis, Post COVID Analysis, Opportunities, Trends, and Forecast from 2021 to 2027

Report Code: EB_CG_1249 | Page: 92| Published Date: Aug 2021

Categories: Consumer & Goods, Home Products Tags: Flameless LED Candle Market Analysis, Flameless LED Candle Market Forecast, Flameless LED Candle Market Growth, Flameless LED Candle Market Restraints, Flameless LED Candle Market Share, Flameless LED Candle Market Size, Flameless LED Candle Market Trends
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  • Description
  • Table of Content
  • Connect to Analyst
  • Research Methodology
Description

Flameless LED candles are one type of candle that is used for decoration. It makes use of LED bulbs to provide light. The first thing you should know is the difference between the types of candles. People who are interested in decorating their home, they can choose to buy LED candles. The interior design of the home will be more attractive if some LED candles are used. Some LED candles are quite expensive.

 

Parameters Indicators
Market Size (2020) $ 167.75 Million
CAGR (2021 to 2027) 8.87%
Market Classification Type, Application
Key Companies Profiled Star Hollow Candle Company, Luminara, Hallmark, L&L Candle Company, Q Candles, Kirkland’s, Sterno Products, Smart Candle, Liown Electronics
Key Countries/Regions Analyzed US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America
Base Year 2020
Estimated Year 2021
Forecast Years 2021 to 2027

Driving Factors

The factors driving the growth of the global Flameless LED Candle market include the increase in disposable income and the increased demand for the aesthetic lighting look.

Increase disposable income

An increase in disposable income has led to a rise in spending power, notably when it comes to buying premium home décor products. The growth of the economy has led to many households investing in flameless LED candles to beautify their homes. Commercial investments have also been found useful throughout communities worldwide to improve the aesthetic look of communities by way of building stylish monuments and other public art features. It is predicted that this will have a significant impact upon the artificial illumination industry in general, specifically flameless LED lights for sure. Post-COVID spending habits are predicted to be more extravagant because people feel safer after such situations occur.

Restraining factors

The major factor restraining the growth of the global flameless LED candles market is the high costs of the product. In addition, the increase in the usage of LED bulbs and lights further hinders market growth.

Key Insight in the report:

The Global Flameless LED Candle market report covers Executive Summary, Market Dynamics, Trend Analysis, Market Size and Forecast, Competitive Intelligence, Market Positioning, Product Benchmarking, and Opportunity Analysis.

The report covers extensive competitive intelligence which includes the following data points:

  • Business Overview
  • Business Model
  • Financial Data
  • Financial – Existing
  • Financial – Funding
  • Product Segment Analysis and specification
  • Recent Development and Company Strategy Analysis
  • SWOT Analysis

Global Flameless LED Candle Market Segmentation

The report covers market sizing and forecasting at the country level as well as at the segment level. Global Flameless LED Candle Market is analyzed across the below-mentioned different segments:

By Type

  • Scented
  • Unscented

By Application

  • Commercial
  • Home and Personal

Regional analysis

North America is likely to continue to dominate the global market for flameless LED candles thanks to the growing demand for alternative sources of energy. The market for flameless LED candles has grown rapidly due to the emergence of several new categories of consumers. LED lighting has become more popular in recent years due to its long lifespan, energy efficiency, and ability to emit light with the same quality as traditional lighting. Improvements in technology have also made them more attractive to consumers. The growth of the global market for LED lighting is expected to drive the demand for flameless LED candles during the next few years.

The Global Flameless LED Candle Market is analyzed across the below-mentioned region.

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of Asia Pacific
  • Rest of the World

Global Flameless LED Candle Market Ecosystem Players:

Some of the key ecosystem players in of Global Flameless LED Candle Market include:

  • Star Hollow Candle Company
  • Luminara
  • Hallmark
  • L&L Candle Company
  • Q Candles
  • Kirkland’s
  • Sterno Products
  • Smart Candle
  • Liown Electronics

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future market trends and opportunities
  • Detailed analysis on current market drivers, restraining factors, and opportunities in the future
  • Global Flameless LED Candle market historical market size for the year 2020, and forecast from 2021 to 2027
  • Global Flameless LED Candle market share analysis at each product level
  • Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.

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Table of Content

Table of Content

CHAPTER 1.          EXECUTIVE SUMMARY

CHAPTER 2.          SCOPE OF THE STUDY

2.1.    MARKET DEFINITION

2.2.    SCOPE OF THE STUDY

2.2.1. OBJECTIVE OF REPORT

CHAPTER 3.          EVOLVE BI METHODOLOGY

3.1.    DATA COLLECTION & VALIDATION APPROACH

3.2.    MARKET SIZE ESTIMATION AND FORECAST

CHAPTER 4.          MARKET INSIGHTS AND TRENDS

4.1.    VALUE CHAIN ANALYSIS

4.1.1. Raw Material

4.1.2. Manufacturing Process and Distribution Channel

4.1.3. End User

4.2.    PORTER’S FIVE FORCES ANALYSIS

4.2.1. Bargaining Power of Buyers

4.2.2. Bargaining power of Suppliers

4.2.3. Threat of New Entrant

4.2.4. Threat of Substitute

4.2.5. Industry Rivalry

4.3.    IMPACT OF COVID-19 ON FLAMELESS LED CANDLE MARKET

4.3.1. Impact on Market Size

4.3.2. End-User Trend, Preferences, and Budget Impact

4.3.3. Regulatory Framework/Government Policies

4.3.4. KEY Players Strategy to Tackle Negative Impact

4.3.5. Opportunity Window

CHAPTER 5.          MARKET DYNAMICS

5.1.    INTRODUCTION

5.2.    DRIVERS

5.2.1. Increase disposable income

5.2.2. Increase demand for aesthetic lighting look

5.3.    RESTRAIN:

5.3.1. Increase use of LED bulb & lights and other decorative lights

5.4.    OPPORTUNITIES:

5.4.1. Increase urbanization

5.4.2. Growing demand for safe lighting

CHAPTER 6.          GLOBAL FLAMELESS LED CANDLE MARKET, BY TYPE

6.1.    INTRODUCTION

6.2.    GLOBAL FLAMELESS LED CANDLE MARKET, BY TYPE

CHAPTER 7.          GLOBAL FLAMELESS LED CANDLE MARKET, BY APPLICATION

7.1.    INTRODUCTION

7.2.    GLOBAL FLAMELESS LED CANDLE MARKET, BY APPLICATION

CHAPTER 8.          GLOBAL FLAMELESS LED CANDLE MARKET, BY COUNTRY

8.1.    INTRODUCTION

8.2.    NORTH AMERICA

8.2.1. North America: Market Size and Forecast, By Country

8.2.2. North America: Market Size and Forecast, By Type

8.2.3. North America: Market Size and Forecast, By Application

8.2.4. US

8.2.4.1.       US: Market Size and Forecast, By Type

8.2.4.2.       US: Market Size and Forecast, By Application

8.2.5. Canada

8.2.5.1.       Canada: Market Size and Forecast, By Type

8.2.5.2.       Canada: Market Size and Forecast, By Application

8.2.6. Mexico

8.2.6.1.       Mexico: Market Size and Forecast, By Type

8.2.6.2.       Mexico: Market Size and Forecast, By Application

8.3.    EUROPE

8.3.1. Europe: Market Size and Forecast, By Country

8.3.2. Europe: Market Size and Forecast, By Type

8.3.3. Europe: Market Size and Forecast, By Application

8.3.4. UK

8.3.4.1.       UK: Market Size and Forecast, By Type

8.3.4.2.       UK: Market Size and Forecast, By Application

8.3.5. Germany

8.3.5.1.       Germany: Market Size and Forecast, By Type

8.3.5.2.       Germany: Market Size and Forecast, By Application

8.3.6. France

8.3.6.1.       France: Market Size and Forecast, By Type

8.3.6.2.       France: Market Size and Forecast, By Application

8.3.7. Italy

8.3.7.1.       Italy: Market Size and Forecast, By Type

8.3.7.2.       Italy: Market Size and Forecast, By Application

8.3.8. Rest of Europe

8.3.8.1.       Rest of Europe: Market Size and Forecast, By Type

8.3.8.2.       Rest of Europe: Market Size and Forecast, By Application

8.4.    ASIA PACIFIC

8.4.1. Asia Pacific: Market Size and Forecast, By Country

8.4.2. Asia Pacific: Market Size and Forecast, By Type

8.4.3. Asia Pacific: Market Size and Forecast, By Application

8.4.4. China

8.4.4.1.       China: Market Size and Forecast, By Type

8.4.4.2.       China: Market Size and Forecast, By Application

8.4.5. Japan

8.4.5.1.       Japan: Market Size and Forecast, By Type

8.4.5.2.       Japan: Market Size and Forecast, By Application

8.4.6. India

8.4.6.1.       India: Market Size and Forecast, By Type

8.4.6.2.       India: Market Size and Forecast, By Application

8.4.7. South Korea

8.4.7.1.       South Korea: Market Size and Forecast, By Type

8.4.7.2.       South Korea: Market Size and Forecast, By Application

8.4.8. Rest of Europe

8.4.8.1.       Rest of Europe: Market Size and Forecast, By Type

8.4.8.2.       Rest of Europe: Market Size and Forecast, By Application

8.5.    REST OF THE WORLD

8.5.1. Rest of the World: Market Size and Forecast, By Country

8.5.2. Rest of the World: Market Size and Forecast, By Type

8.5.3. Rest of the World: Market Size and Forecast, By Application

8.5.4. Middle East and Africa

8.5.4.1.       Middle East and Africa: Market Size and Forecast, By Type

8.5.4.2.       Middle East and Africa: Market Size and Forecast, By Application

8.5.5. South America

8.5.5.1.       South America: Market Size and Forecast, By Type

8.5.5.2.       South America: Market Size and Forecast, By Application

CHAPTER 9.          COMPANY LANDSCAPE

9.1.    GLOBAL FLAMELESS LED CANDLE MARKET KEY PLAYERS POSITIONING, 2019

CHAPTER 10.        COMPANY PROFILES

10.1.  STAR HOLLOW CANDLE COMPANY

10.1.1.        Business Overview

10.1.2.        Product Portfolio

10.1.3.        Recent Development and Strategies Adopted

10.2.  LUMINARA

10.2.1.        Business Overview

10.2.2.        Product Portfolio

10.2.3.        Recent Development and Strategies Adopted

10.3.  HALLMARK

10.3.1.        Business Overview

10.3.2.        Product Portfolio

10.3.3.        Recent Development and Strategies Adopted

10.3.4.        SWOT Analysis

10.4.  L&L CANDLE COMPANY

10.4.1.        Business Overview

10.4.2.        Product Portfolio

10.4.3.        Recent Development and Strategies Adopted

10.4.4.        SWOT Analysis

10.5.  Q CANDLES

10.5.1.        Business Overview

10.5.2.        Product Portfolio

10.5.3.        Recent Development and Strategies Adopted

10.6.  KIRKLAND'S

10.6.1.        Business Overview

10.6.2.        Financial Analysis

10.6.3.        Product Portfolio

10.6.4.        Recent Development and Strategies Adopted

10.6.5.        SWOT Analysis

10.7.  STERNO PRODUCTS

10.7.1.        Business Overview

10.7.2.        Product Portfolio

10.7.3.        Recent Development and Strategies Adopted

10.8.  SMART CANDLE

10.8.1.        Business Overview

10.8.2.        Product Portfolio

10.8.3.        Recent Development and Strategies Adopted

10.9.  LIOWN ELECTRONICS

10.9.1.        Business Overview

10.9.2.        Product Portfolio

10.9.3.        Recent Development and Strategies Adopted

 

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