Wax Melts Market Size, Share & Growth Analysis, 2032
Key Segments Covered in the Wax Melts Market are By Product Type (Paraffin Wax, Beeswax, Soy Wax, and Others), By Fragrance Type (Floral, Fresh/Citrus, Fruity, and Others), By Distribution Channel (Retail Outlets/Offline and E-commerce/Online).
The wax melts market size was valued at USD 1.46 billion in 2024 and is expected to be worth USD 1.52 billion in 2025. The market is projected to reach USD 2.12 billion by 2032, recording a CAGR of 4.84% during the forecast period. Wax melts are pieces of scented wax that are melted to release a powerful scent into the air of residential and commercial spaces. They are used in office spaces, cafes, restaurants, and other public places to improve the overall ambience. Wax melts come in a wide range of sizes, colors, and fragrances to suit diverse preferences of individuals and enhance their overall experience. Moreover, they are longer lasting and more versatile as compared to the conventional candles, which will boost their demand.