Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Candle Market: By Product Type: Pillars, Tea Lights, Votive, Cartridge Candle, Birthday Candle, Wax Filled Container Candles, Others; By Raw Material; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Candle Market Outlook

The global candle market is expected to grow at a CAGR of 8.0% during the period 2022-2027.

 

Global Candle Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The Global Candle Market Likely to be Driven by Demand for Scented and Environmentally Friendly Candles

The global market for candles is expected to be driven by customers’ demand for scented candles, sustainable candle solutions, and candles used during celebrations and the holiday season. North America and Europe are projected to be key markets.

Buyers assume much importance to candle fragrance, and the fragrance of a candle significantly influences a buyer’s purchase decision. Many people perceive the soft light and fragrance of a candle as capable of reducing stress and elevating the mood. Scents have been associated with positive effects on the mood, reduced stress, better sleep, self-confidence, and physical and cognitive performance. Fragrances may also induce a sense of calm, warmth and belonging. Candle sales have witnessed growth due to these properties.

The home fragrance segment is expected to be an important market driver. In the recent past, several premium brands witnessed increased consumer spending in the luxury segment. Such firms included new players as well as established names, such as Nest.

Soy candles are becoming increasingly popular due to the smooth and visually attractive flame they offer. Food scented candles (such as peach-scented, coffee-scented or sugar cookie-scented) are also becoming well-liked.

Firms are constantly looking to make novel candle offerings. For example, in 2021, Yankee Candle released its Signature Collection with redesigned modern vessels and 10 new, collection-exclusive fragrances apart from over 30 popular scents. The Signature Collection includes premium soy-wax blends and double cotton wicks which offer a cleaner burn and a strong, longer-lasting scent. Discovery - another scent by Yankee Candle – has been quite successful. Discovery brings together several fragrances from the world, including red ginger, starfruit, vanilla spice and mango.

Other significant factors influencing candle purchases include cost, colour and shape. Consumers purchase candles to decorate homes and offices and for purposes such as aromatherapy, meditation, relaxation, and reduction of stress. Some consumers find use of candles in a room comforting. Candles are also a widely exchanged gift item. A significant percentage of candle sales take place during the holiday season.

Candles are available in several shapes, sizes and types, including tapers, votives, pillars, tealights, container candles, jar candles, floating candles, liturgical candles, outdoor candles, novelty candles, utility candles and birthday candles.

 

Scented Candles Would Continue to Drive the Market

Due to the mood elevating properties of scented candles, the segment is expected to drive the market. Consumers are becoming more conscious of the scents and fragrances they would like to experience at home. Fragrances offer soothing experiences, and strengthen memories and sense of belonging. These abilities of fragrances and scents to connect at the emotional level are expected to help the market grow.

 

Sustainable and Environmentally Friendly Solutions Expected to Witness Increased Demand

Consumers are becoming increasingly concerned and sensitive about environmental issues and the ecological impact of products. They prefer products that use sustainable packaging and expect brands to be transparent about the components and ingredients used and their sources. Marketers meeting these demands would be likely to witness more growth.

 

Global Candle Market Segmentation

 

Global Candle Market Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

By product type, the market is segmented into:

  • Pillars
  • Tea Lights
  • Votive
  • Cartridge Candle
  • Birthday Candle
  • Wax Filled Container Candles
  • Others

By raw material, the market is classified into:

  • Stearin
  • Beeswax
  • Palm Wax
  • Soy Wax
  • Paraffin Wax
  • Rapeseed Wax
  • Others

By distribution channel, the market is divided into:

  • Online
  • Offline

By region, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Candle Market Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Industry Players in the Global Candle Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Bath & Body Works Direct, Inc.
  • Candle Delirium, Inc.
  • Vollmar GmbH
  • Empire Candle Co., LLC
  • MVP Group International, Inc.
  • Armadilla Wax Works
  • SC Johnson & Son, Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Raw Material, Distribution Channel, Region
Breakup by Product Type Pillars, Tea Lights, Votive, Cartridge Candle, Birthday Candle, Wax Filled Container Candles, Others
Breakup by Raw Material Stearin, Beeswax, Palm Wax, Soy Wax, Paraffin Wax, Rapeseed Wax, Others
Breakup by Distribution Channel Online, Offline
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Bath & Body Works Direct, Inc., Candle Delirium, Inc., Vollmar GmbH, Empire Candle Co., LLC, MVP Group International, Inc., Armadilla Wax Works, SC Johnson & Son, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Candle Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Candle Historical Market (2017-2021) 
    8.3    Global Candle Market Forecast (2022-2027)
    8.4    Global Candle Market by Product Type
        8.4.1    Pillars
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Tea Lights
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Votive
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Cartridge Candle
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Birthday Candle
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Wax Filled Container Candles
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2017-2021)
            8.4.6.3    Forecast Trend (2022-2027)
        8.4.7    Others
    8.5    Global Candle Market by Raw Material
        8.5.1    Stearin
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Beeswax
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Palm Wax
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Soy Wax
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Paraffin Wax
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Rapeseed Wax
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2017-2021)
            8.5.6.3    Forecast Trend (2022-2027)
        8.5.7    Others
    8.6    Global Candle Market by Distribution Channel
        8.6.1    Online
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Offline
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Candle Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis (340600)

    12.1    Major Exporting Countries
        12.1.1    By Value
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1    By Value
        12.2.2    By Volume
13    Price Analysis
    13.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Bath & Body Works Direct, Inc.
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Candle Delirium, Inc.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Vollmar GmbH
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Empire Candle Co., LLC
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    MVP Group International, Inc.
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Armadilla Wax Works
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    SC Johnson & Son, Inc.
            14.2.7.1    Company Overview
            14.2.7.2    Product Portfolio
            14.2.7.3    Demographic Reach and Achievements
            14.2.7.4    Certifications
        14.2.8    Others
15    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Candle Market: Key Industry Highlights, 2017 and 2027
2.    Global Candle Historical Market: Breakup by Product Type (USD Million), 2017-2021
3.    Global Candle Market Forecast: Breakup by Product Type (USD Million), 2022-2027
4.    Global Candle Historical Market: Breakup by Raw Material (USD Million), 2017-2021
5.    Global Candle Market Forecast: Breakup by Raw Material (USD Million), 2022-2027
6.    Global Candle Historical Market: Breakup Distribution Channel (USD Million), 2017-2021
7.    Global Candle Market Forecast: Breakup Distribution Channel (USD Million), 2022-2027
8.    Global Candle Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Candle Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Candle Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Candle Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Candle Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Candle Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Candle Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Candle Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Candle Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Candle Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Candle Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Candle Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Major Importing Countries by Volume
21.    Major Exporting Countries by Volume 
22.    Major Importing Countries by Value
23.    Major Exporting Countries by Value
24.    North America Historical Price Trends and Forecast 2017-2027
25.    Europe Historical Price Trends and Forecast 2017-2027
26.    Asia Pacific Historical Price Trends and Forecast 2017-2027
27.    Latin America Historical Price Trends and Forecast 2017-2027
28.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
29.    Global Candle Market Structure

Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 8.0% between 2022 and 2027.

The major drivers of the market include the increasing demand for candles from the household sector owing to the increasing inclination towards home décor, growing utilisation of candles for religious purposes, and increasing disposable income.

The growing R&D activities in the candle market to develop and sell eco-friendly candles with innovative and appealing fragrances are the key trends guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Pillars, tea lights, votive, cartridge candle, birthday candle, and wax filled container candles, among others are the major product types included in the market report.

Stearin, beeswax, palm wax, soy wax, paraffin wax, and rapeseed wax, among others are the significant raw materials based on which the market has been segmented.

Online and offline are the different distribution channels considered in the market report.

The major players in the industry are Bath & Body Works Direct, Inc., Candle Delirium, Inc., Vollmar GmbH, Empire Candle Co., LLC, MVP Group International, Inc., Armadilla Wax Works, and SC Johnson & Son, Inc., among others.

Analyst Review

The global candle market is being driven by the rising demand for candles for various occasions such as birthday, and anniversary wedding, increasing inclination of people towards home décor, and rising disposable income. Aided by the growing popularity of candles with innovative fragrances, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8.0%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of product type, the market is divided into pillars, tea lights, votive, cartridge candle, birthday candle, and wax filled container candles, among others. Based on raw material, the market has been divided into stearin, beeswax, palm wax, soy wax, paraffin wax, and rapeseed wax, among others. The major distribution channels in the market include online and offline. The major regional markets for candle are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bath & Body Works Direct, Inc., Candle Delirium, Inc., Vollmar GmbH, Empire Candle Co., LLC, MVP Group International, Inc., Armadilla Wax Works, and SC Johnson & Son, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER