The Market Reports

Synopsis
The global market for Candle was estimated to be worth US$ 6478 million in 2024 and is forecast to a readjusted size of US$ 7653 million by 2031 with a CAGR of 2.4% during the forecast period 2025-2031.
A candle is made of wax or other fuel, with a wick in it, and can continue to burn after being ignited. When the wick is lit, the flame melts the wax near the wick, which then vaporizes and combusts to produce light and, often, a pleasant scent. It can also be used to provide heat, or as a method of keeping time. Candles are also used in festivals or other special days and places of worship etc.
Candle industry with distribution is different from other industry, consequently, this market faces some big challenges. Candle usage frequency needs to increase to reinvigorate sales, private label products present a growing threat to branded products. However, the high-end candle segment is the area that continues to see strong growth. As the low- and mid-cost candles continue to erode under the pressure of strong competition, the high-end segment continues to tap into the home decorating angle for increased sales. Utilizing fewer mainstream methods for distribution (such as mass merchandisers and retailers), these manufacturers have been able to position their products as luxury and true home decor items.
The candle craft products industry belongs to the daily consumer goods industry. After years of development, the market has become relatively mature, and its overall market sales will not experience a rapid growth in leaps and bounds. However, for reasons such as culture, religion and daily life habits, candles, aromatherapy and related products have become necessities of life for European and American consumer groups, and related consumption habits and consumption patterns are relatively less affected by macroeconomic fluctuations. In recent years, with the improvement of people's material living standards and the impact of globalization on residents' lifestyles, especially the transformation of residents' consumption behavior from basic to enjoyment, candles are expected to be gradually accepted by the market as life accessories. Therefore, the market's consumer demand for candle products will exist stably for a long time and continue to grow, making the industry have a stable development prospect.
For the past few years, the candle industry grows smoothly. China is the main raw materials for the production of candle, meanwhile, combining with favorable tax policies and large number of available labors, at the same time, Chinese manufacturers are improving their technology, consequently, China is a major exporter of the candle in the future. Taking culture and religion into consideration, candle market has a certain potential in Europe, USA.
Over the past few years, improving incomes and the introduction of a variety of scented and colored candles has helped the industry recover from lows incurred during the recession. Going forward, the Candle Manufacturing industry is expected to continue benefiting from growing demand for candles domestically and abroad. In turn, this will be underpinned by rising disposable spending and a sustained preference for candles as scented and colored additives to rooms and households.
Barriers to entry in the Candle Manufacturing industry are low. Production inputs, such as wax, fragrances and colorants are cheap and relatively easy to source, enabling and encouraging entry during periods of high demand and promising profit margins. In addition, financing for a small production facility and relevant equipment is usually accessible, particularly during periods of low interest rates.
The consumption areas of candle are mainly North America and Europe. Europe is the largest consumer in the world, which occupied 40.3% in terms of volume in 2024. The candle industry concentration is not high, there are several thousands of manufacturers in the world, and high-end products mainly from North America and Europe.
Among all applications, craft field is expected to be the largest contributor to the overall Candle market in the future. The craft field application is estimated to have the highest growth potential during 2025 to 2031 in Candle market.
This report aims to provide a comprehensive presentation of the global market for Candle, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Candle by region & country, by Type, and by Application.
The Candle market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Candle.
Market Segmentation
By Company
Yankee Candle (Newell Brands)
Luminex
Bolsius
Universal Candle
Qingdao Kingking Applied Chemistry
Dalian Talent Gift Co.,Ltd.
Hyfusin
Vollmar
Primacy Industries
Gies Kerzen
Empire Candle
Zhongnam
Diptqyue
Dandong Everlight Candle Industry
Allite
Fushun Pingtian Wax products
Armadilla Wax Works
Velas Martínez Morales
KCB Candle Company
Soy Witch
ADMIT limited liability company, Sp. k.
Jo Malone London
Durance en Provence
Village Candle
Max Benjamin
Root Candles
True Grace
Ashleigh & Burwood
Candle Shack
PLATA
GALA GROUP
Delsbo Candle
Müller
Spaas Kaarsen
Segment by Type
Petroleum & Mineral
Vegetable
Animal
Synthetic
Segment by Application
Traditional Field
Craft Field
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Candle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Candle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Candle in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index