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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

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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

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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

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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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
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    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021) 
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021) 
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021) 
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021) 
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2017-2021) 
            8.7.5.3    Forecast Trend (2022-2027)
9    North America Candle Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2017-2021) 
        9.1.3    Forecast Trend (2022-2027)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2017-2021) 
        9.2.3    Forecast Trend (2022-2027)
10    Europe Candle Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2017-2021) 
        10.1.3    Forecast Trend (2022-2027)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2017-2021) 
        10.2.3    Forecast Trend (2022-2027)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2017-2021) 
        10.3.3    Forecast Trend (2022-2027)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2017-2021) 
        10.4.3    Forecast Trend (2022-2027)
    10.5    Others
11    Asia Pacific Candle Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2017-2021) 
        11.1.3    Forecast Trend (2022-2027)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2017-2021) 
        11.2.3    Forecast Trend (2022-2027)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2017-2021) 
        11.3.3    Forecast Trend (2022-2027)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2017-2021) 
        11.4.3    Forecast Trend (2022-2027)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2017-2021) 
        11.5.3    Forecast Trend (2022-2027)
    11.6    Others
12    Latin America Candle Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2017-2021) 
        12.1.3    Forecast Trend (2022-2027)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2017-2021) 
        12.2.3    Forecast Trend (2022-2027)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2017-2021) 
        12.3.3    Forecast Trend (2022-2027)
    12.4    Others
13    Middle East and Africa Candle Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2017-2021) 
        13.1.3    Forecast Trend (2022-2027)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2017-2021) 
        13.2.3    Forecast Trend (2022-2027)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2017-2021) 
        13.3.3    Forecast Trend (2022-2027)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2017-2021) 
        13.4.3    Forecast Trend (2022-2027)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (HS Code - 340600)

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price Analysis
    17.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    17.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    17.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    17.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    17.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Bath & Body Works Direct, Inc.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Candle Delirium, Inc.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Vollmar GmbH
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Empire Candle Co., LLC
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    MVP Group International, Inc.
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Armadilla Wax Works
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    SC Johnson & Son, Inc.
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    Others
19    Key Trends and Developments in the Market

 

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.

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