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Synopsis
The global Candle market size was valued at USD 7440.3 million in 2022 and is forecast to a readjusted size of USD 8959.1 million by 2029 with a CAGR of 2.7% during review period.
A candle is wax with an ignitable wick embedded that provides light, and in some cases, a fragrance. It can also be used to provide heat, or as a method of keeping time.
Global key players of candle products include Yankee Candle (Newell Brands), Western Alliance, Bancorporation, Bolsius, Universal Candle, Qingdao Kingking Applied Chemistry, Dalian Talent Gift Co.,Ltd., Vollmar, Gies Kerzen and Hyfusin, etc. Top 3 producers are Yankee Candle (Newell Brands), Western Alliance and Bolsius, holding a total share about 15%.
Europe is the largest market by region, with a market share around 40%, followed by North America (28%) and Asia-Pacific (20%).
Petroleum & mineral candle products gain the highest market share by raw materials, making up over 70%.
In terms of application, candle products are mainly used in traditional and craft field, where the latter one holds a share over 90%.
After years of development, the market of candle craft products has become relatively mature, and its overall market sales is not expected to soar. However, there is a tendency that candle products will be accepted as life accessories. Therefore, the industry is going to have a stable development prospect.
The Global Info Research report includes an overview of the development of the Candle industry chain, the market status of Traditional Field (Petroleum & Mineral, Vegetable), Craft Field (Petroleum & Mineral, Vegetable), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Candle.
Regionally, the report analyzes the Candle markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Candle market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Candle market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Candle industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Petroleum & Mineral, Vegetable).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Candle market.
Regional Analysis: The report involves examining the Candle market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Candle market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Candle:
Company Analysis: Report covers individual Candle manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Candle This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Traditional Field, Craft Field).
Technology Analysis: Report covers specific technologies relevant to Candle. It assesses the current state, advancements, and potential future developments in Candle areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Candle market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Candle market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Petroleum & Mineral
- Vegetable
- Animal
- Synthetic
Market segment by Application
- Traditional Field
- Craft Field
Major players covered
- Yankee Candle (Newell Brands)
- Western Alliance Bancorporation
- Bolsius
- Universal Candle
- Qingdao Kingking Applied Chemistry
- Dalian Talent Gift Co.,Ltd.
- Vollmar
- Gies Kerzen
- Hyfusin
- Empire Candle
- Zhongnam
- Diptqyue
- Dandong Everlight Candle Industry
- Allite
- Fushun Pingtian Wax products
- Armadilla Wax Works
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Candle product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Candle, with price, sales, revenue and global market share of Candle from 2018 to 2023.
Chapter 3, the Candle competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Candle breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Candle market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Candle.
Chapter 14 and 15, to describe Candle sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Candle
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Candle Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Petroleum & Mineral
1.3.3 Vegetable
1.3.4 Animal
1.3.5 Synthetic
1.4 Market Analysis by Application
1.4.1 Overview: Global Candle Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Traditional Field
1.4.3 Craft Field
1.5 Global Candle Market Size & Forecast
1.5.1 Global Candle Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Candle Sales Quantity (2018-2029)
1.5.3 Global Candle Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Yankee Candle (Newell Brands)
2.1.1 Yankee Candle (Newell Brands) Details
2.1.2 Yankee Candle (Newell Brands) Major Business
2.1.3 Yankee Candle (Newell Brands) Candle Product and Services
2.1.4 Yankee Candle (Newell Brands) Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Yankee Candle (Newell Brands) Recent Developments/Updates
2.2 Western Alliance Bancorporation
2.2.1 Western Alliance Bancorporation Details
2.2.2 Western Alliance Bancorporation Major Business
2.2.3 Western Alliance Bancorporation Candle Product and Services
2.2.4 Western Alliance Bancorporation Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Western Alliance Bancorporation Recent Developments/Updates
2.3 Bolsius
2.3.1 Bolsius Details
2.3.2 Bolsius Major Business
2.3.3 Bolsius Candle Product and Services
2.3.4 Bolsius Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Bolsius Recent Developments/Updates
2.4 Universal Candle
2.4.1 Universal Candle Details
2.4.2 Universal Candle Major Business
2.4.3 Universal Candle Candle Product and Services
2.4.4 Universal Candle Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Universal Candle Recent Developments/Updates
2.5 Qingdao Kingking Applied Chemistry
2.5.1 Qingdao Kingking Applied Chemistry Details
2.5.2 Qingdao Kingking Applied Chemistry Major Business
2.5.3 Qingdao Kingking Applied Chemistry Candle Product and Services
2.5.4 Qingdao Kingking Applied Chemistry Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Qingdao Kingking Applied Chemistry Recent Developments/Updates
2.6 Dalian Talent Gift Co.,Ltd.
2.6.1 Dalian Talent Gift Co.,Ltd. Details
2.6.2 Dalian Talent Gift Co.,Ltd. Major Business
2.6.3 Dalian Talent Gift Co.,Ltd. Candle Product and Services
2.6.4 Dalian Talent Gift Co.,Ltd. Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Dalian Talent Gift Co.,Ltd. Recent Developments/Updates
2.7 Vollmar
2.7.1 Vollmar Details
2.7.2 Vollmar Major Business
2.7.3 Vollmar Candle Product and Services
2.7.4 Vollmar Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Vollmar Recent Developments/Updates
2.8 Gies Kerzen
2.8.1 Gies Kerzen Details
2.8.2 Gies Kerzen Major Business
2.8.3 Gies Kerzen Candle Product and Services
2.8.4 Gies Kerzen Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Gies Kerzen Recent Developments/Updates
2.9 Hyfusin
2.9.1 Hyfusin Details
2.9.2 Hyfusin Major Business
2.9.3 Hyfusin Candle Product and Services
2.9.4 Hyfusin Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Hyfusin Recent Developments/Updates
2.10 Empire Candle
2.10.1 Empire Candle Details
2.10.2 Empire Candle Major Business
2.10.3 Empire Candle Candle Product and Services
2.10.4 Empire Candle Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Empire Candle Recent Developments/Updates
2.11 Zhongnam
2.11.1 Zhongnam Details
2.11.2 Zhongnam Major Business
2.11.3 Zhongnam Candle Product and Services
2.11.4 Zhongnam Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Zhongnam Recent Developments/Updates
2.12 Diptqyue
2.12.1 Diptqyue Details
2.12.2 Diptqyue Major Business
2.12.3 Diptqyue Candle Product and Services
2.12.4 Diptqyue Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Diptqyue Recent Developments/Updates
2.13 Dandong Everlight Candle Industry
2.13.1 Dandong Everlight Candle Industry Details
2.13.2 Dandong Everlight Candle Industry Major Business
2.13.3 Dandong Everlight Candle Industry Candle Product and Services
2.13.4 Dandong Everlight Candle Industry Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Dandong Everlight Candle Industry Recent Developments/Updates
2.14 Allite
2.14.1 Allite Details
2.14.2 Allite Major Business
2.14.3 Allite Candle Product and Services
2.14.4 Allite Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Allite Recent Developments/Updates
2.15 Fushun Pingtian Wax products
2.15.1 Fushun Pingtian Wax products Details
2.15.2 Fushun Pingtian Wax products Major Business
2.15.3 Fushun Pingtian Wax products Candle Product and Services
2.15.4 Fushun Pingtian Wax products Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Fushun Pingtian Wax products Recent Developments/Updates
2.16 Armadilla Wax Works
2.16.1 Armadilla Wax Works Details
2.16.2 Armadilla Wax Works Major Business
2.16.3 Armadilla Wax Works Candle Product and Services
2.16.4 Armadilla Wax Works Candle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 Armadilla Wax Works Recent Developments/Updates
3 Competitive Environment: Candle by Manufacturer
3.1 Global Candle Sales Quantity by Manufacturer (2018-2023)
3.2 Global Candle Revenue by Manufacturer (2018-2023)
3.3 Global Candle Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Candle by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Candle Manufacturer Market Share in 2022
3.4.2 Top 6 Candle Manufacturer Market Share in 2022
3.5 Candle Market: Overall Company Footprint Analysis
3.5.1 Candle Market: Region Footprint
3.5.2 Candle Market: Company Product Type Footprint
3.5.3 Candle Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Candle Market Size by Region
4.1.1 Global Candle Sales Quantity by Region (2018-2029)
4.1.2 Global Candle Consumption Value by Region (2018-2029)
4.1.3 Global Candle Average Price by Region (2018-2029)
4.2 North America Candle Consumption Value (2018-2029)
4.3 Europe Candle Consumption Value (2018-2029)
4.4 Asia-Pacific Candle Consumption Value (2018-2029)
4.5 South America Candle Consumption Value (2018-2029)
4.6 Middle East and Africa Candle Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Candle Sales Quantity by Type (2018-2029)
5.2 Global Candle Consumption Value by Type (2018-2029)
5.3 Global Candle Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Candle Sales Quantity by Application (2018-2029)
6.2 Global Candle Consumption Value by Application (2018-2029)
6.3 Global Candle Average Price by Application (2018-2029)
7 North America
7.1 North America Candle Sales Quantity by Type (2018-2029)
7.2 North America Candle Sales Quantity by Application (2018-2029)
7.3 North America Candle Market Size by Country
7.3.1 North America Candle Sales Quantity by Country (2018-2029)
7.3.2 North America Candle Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Candle Sales Quantity by Type (2018-2029)
8.2 Europe Candle Sales Quantity by Application (2018-2029)
8.3 Europe Candle Market Size by Country
8.3.1 Europe Candle Sales Quantity by Country (2018-2029)
8.3.2 Europe Candle Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Candle Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Candle Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Candle Market Size by Region
9.3.1 Asia-Pacific Candle Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Candle Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Candle Sales Quantity by Type (2018-2029)
10.2 South America Candle Sales Quantity by Application (2018-2029)
10.3 South America Candle Market Size by Country
10.3.1 South America Candle Sales Quantity by Country (2018-2029)
10.3.2 South America Candle Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Candle Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Candle Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Candle Market Size by Country
11.3.1 Middle East & Africa Candle Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Candle Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Candle Market Drivers
12.2 Candle Market Restraints
12.3 Candle Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Candle and Key Manufacturers
13.2 Manufacturing Costs Percentage of Candle
13.3 Candle Production Process
13.4 Candle Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Candle Typical Distributors
14.3 Candle Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch
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