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Paraffin Wax Candles-Global Market Insights and Sales Trends 2025

Paraffin Wax Candles-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1817577

No of Pages : 110

Synopsis
The global Paraffin Wax Candles market size is expected to reach US$ 7915.6 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Paraffin Wax Candles in various end use industries. The expanding demands from the Commercial, Home and Others,, are propelling Paraffin Wax Candles market. Scented Candles, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Unscented Candles segment is estimated at % CAGR for the next seven-year period.
The paraffin wax candles market, which includes the production and sale of candles made from paraffin wax, is influenced by several drivers and restrictions. Here are some key factors that drive and limit the paraffin wax candles market:

Market Drivers:

Versatility: Paraffin wax is versatile and can be easily molded into various candle shapes and sizes, making it a popular choice for candle manufacturers.

Affordability: Paraffin wax candles are generally more affordable than candles made from other wax types, which makes them accessible to a wide range of consumers.

Consistent Quality: Paraffin wax offers consistent burning and fragrance release characteristics, which can be important for consumers who seek reliable candle performance.

Availability: Paraffin wax is readily available and can be sourced at a lower cost compared to some other wax types, contributing to the affordability of paraffin wax candles.

Customization: Manufacturers can easily add color, fragrance, and decorative elements to paraffin wax candles, allowing for a wide variety of product offerings to suit consumer preferences.

Seasonal and Decorative Demand: Paraffin wax candles are in high demand during holidays and for decorative purposes in events and celebrations, driving seasonal sales.

Market Restrictions:

Environmental Concerns: Paraffin wax is derived from petroleum, and the environmental impact of its production and combustion has raised concerns among consumers seeking more eco-friendly alternatives.

Health Concerns: Burning paraffin wax candles can release potentially harmful chemicals into the air, including volatile organic compounds (VOCs) and soot, which can impact indoor air quality.

Competing Wax Types: The availability of alternative wax types such as soy, beeswax, and palm wax, which are often marketed as more environmentally friendly, can divert consumer interest away from paraffin wax candles.

Regulatory Compliance: Candle manufacturers must adhere to safety and labeling regulations, and non-compliance can result in legal issues and product recalls.

Changing Consumer Preferences: Shifts in consumer preferences towards more natural and sustainable products may lead to a decline in demand for paraffin wax candles.

Sensitivity to Price Fluctuations: Paraffin wax prices can be sensitive to fluctuations in crude oil prices, which can impact production costs and retail prices.

Safety Concerns: Fire safety and accidental candle-related incidents can impact consumer confidence and lead to restrictions or regulations on candle usage.

Competition: The candle market is highly competitive, with numerous manufacturers and sellers offering a wide range of candle types and designs. Intense competition can affect pricing and market share.

In summary, the paraffin wax candles market benefits from versatility, affordability, consistent quality, and availability. However, it faces restrictions related to environmental and health concerns, competition from alternative wax types, regulations, changing consumer preferences, price sensitivity, safety issues, and market competition. Candle manufacturers in this market need to adapt to changing consumer demands and regulatory landscapes while considering more sustainable and eco-friendly alternatives.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Paraffin Wax Candles, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Paraffin Wax Candles market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Paraffin Wax Candles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Paraffin Wax Candles sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Paraffin Wax Candles covered in this report include Yankee Candle (Newell Brands), Luminex Home Décor & Fragrance Holding Corporation, Bolsius, MVP Group International, Inc, Gies, Talent, Universal Candle, Qingdao Kingking Applied Chemistry Co., LTD and Vollmar, etc.
The global Paraffin Wax Candles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yankee Candle (Newell Brands)
Luminex Home Décor & Fragrance Holding Corporation
Bolsius
MVP Group International, Inc
Gies
Talent
Universal Candle
Qingdao Kingking Applied Chemistry Co., LTD
Vollmar
Empire Candle Co., LLC
Hyfusin Group Holdings Limited
Diptqyue
Zhongnam
Dandong Everlight Candle Industry Co., Ltd.
Fushun Pingtian Wax products Co., ltd.
Allite
Armadilla Wax Works
Global Paraffin Wax Candles market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Paraffin Wax Candles market, Segment by Type:
Scented Candles
Unscented Candles
Global Paraffin Wax Candles market, by Application
Commercial
Home
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Paraffin Wax Candles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Paraffin Wax Candles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Paraffin Wax Candles Market Overview
1.1 Paraffin Wax Candles Product Overview
1.2 Paraffin Wax Candles Market Segment by Type
1.2.1 Scented Candles
1.2.2 Unscented Candles
1.3 Global Paraffin Wax Candles Market Size by Type
1.3.1 Global Paraffin Wax Candles Market Size Overview by Type (2018-2029)
1.3.2 Global Paraffin Wax Candles Historic Market Size Review by Type (2018-2023)
1.3.3 Global Paraffin Wax Candles Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Paraffin Wax Candles Sales Breakdown by Type (2018-2023)
1.4.2 Europe Paraffin Wax Candles Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Paraffin Wax Candles Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Paraffin Wax Candles Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Paraffin Wax Candles Sales Breakdown by Type (2018-2023)
2 Global Paraffin Wax Candles Market Competition by Company
2.1 Global Top Players by Paraffin Wax Candles Sales (2018-2023)
2.2 Global Top Players by Paraffin Wax Candles Revenue (2018-2023)
2.3 Global Top Players by Paraffin Wax Candles Price (2018-2023)
2.4 Global Top Manufacturers Paraffin Wax Candles Manufacturing Base Distribution, Sales Area, Product Type
2.5 Paraffin Wax Candles Market Competitive Situation and Trends
2.5.1 Paraffin Wax Candles Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Paraffin Wax Candles Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Paraffin Wax Candles as of 2022)
2.7 Date of Key Manufacturers Enter into Paraffin Wax Candles Market
2.8 Key Manufacturers Paraffin Wax Candles Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Paraffin Wax Candles Status and Outlook by Region
3.1 Global Paraffin Wax Candles Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Paraffin Wax Candles Historic Market Size by Region
3.2.1 Global Paraffin Wax Candles Sales in Volume by Region (2018-2023)
3.2.2 Global Paraffin Wax Candles Sales in Value by Region (2018-2023)
3.2.3 Global Paraffin Wax Candles Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Paraffin Wax Candles Forecasted Market Size by Region
3.3.1 Global Paraffin Wax Candles Sales in Volume by Region (2024-2029)
3.3.2 Global Paraffin Wax Candles Sales in Value by Region (2024-2029)
3.3.3 Global Paraffin Wax Candles Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Paraffin Wax Candles by Application
4.1 Paraffin Wax Candles Market Segment by Application
4.1.1 Commercial
4.1.2 Home
4.1.3 Others
4.2 Global Paraffin Wax Candles Market Size by Application
4.2.1 Global Paraffin Wax Candles Market Size Overview by Application (2018-2029)
4.2.2 Global Paraffin Wax Candles Historic Market Size Review by Application (2018-2023)
4.2.3 Global Paraffin Wax Candles Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Paraffin Wax Candles Sales Breakdown by Application (2018-2023)
4.3.2 Europe Paraffin Wax Candles Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Paraffin Wax Candles Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Paraffin Wax Candles Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Paraffin Wax Candles Sales Breakdown by Application (2018-2023)
5 North America Paraffin Wax Candles by Country
5.1 North America Paraffin Wax Candles Historic Market Size by Country
5.1.1 North America Paraffin Wax Candles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Paraffin Wax Candles Sales in Volume by Country (2018-2023)
5.1.3 North America Paraffin Wax Candles Sales in Value by Country (2018-2023)
5.2 North America Paraffin Wax Candles Forecasted Market Size by Country
5.2.1 North America Paraffin Wax Candles Sales in Volume by Country (2024-2029)
5.2.2 North America Paraffin Wax Candles Sales in Value by Country (2024-2029)
6 Europe Paraffin Wax Candles by Country
6.1 Europe Paraffin Wax Candles Historic Market Size by Country
6.1.1 Europe Paraffin Wax Candles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Paraffin Wax Candles Sales in Volume by Country (2018-2023)
6.1.3 Europe Paraffin Wax Candles Sales in Value by Country (2018-2023)
6.2 Europe Paraffin Wax Candles Forecasted Market Size by Country
6.2.1 Europe Paraffin Wax Candles Sales in Volume by Country (2024-2029)
6.2.2 Europe Paraffin Wax Candles Sales in Value by Country (2024-2029)
7 Asia-Pacific Paraffin Wax Candles by Region
7.1 Asia-Pacific Paraffin Wax Candles Historic Market Size by Region
7.1.1 Asia-Pacific Paraffin Wax Candles Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Paraffin Wax Candles Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Paraffin Wax Candles Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Paraffin Wax Candles Forecasted Market Size by Region
7.2.1 Asia-Pacific Paraffin Wax Candles Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Paraffin Wax Candles Sales in Value by Region (2024-2029)
8 Latin America Paraffin Wax Candles by Country
8.1 Latin America Paraffin Wax Candles Historic Market Size by Country
8.1.1 Latin America Paraffin Wax Candles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Paraffin Wax Candles Sales in Volume by Country (2018-2023)
8.1.3 Latin America Paraffin Wax Candles Sales in Value by Country (2018-2023)
8.2 Latin America Paraffin Wax Candles Forecasted Market Size by Country
8.2.1 Latin America Paraffin Wax Candles Sales in Volume by Country (2024-2029)
8.2.2 Latin America Paraffin Wax Candles Sales in Value by Country (2024-2029)
9 Middle East and Africa Paraffin Wax Candles by Country
9.1 Middle East and Africa Paraffin Wax Candles Historic Market Size by Country
9.1.1 Middle East and Africa Paraffin Wax Candles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Paraffin Wax Candles Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Paraffin Wax Candles Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Paraffin Wax Candles Forecasted Market Size by Country
9.2.1 Middle East and Africa Paraffin Wax Candles Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Paraffin Wax Candles Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Yankee Candle (Newell Brands)
10.1.1 Yankee Candle (Newell Brands) Company Information
10.1.2 Yankee Candle (Newell Brands) Introduction and Business Overview
10.1.3 Yankee Candle (Newell Brands) Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Yankee Candle (Newell Brands) Paraffin Wax Candles Products Offered
10.1.5 Yankee Candle (Newell Brands) Recent Development
10.2 Luminex Home Décor & Fragrance Holding Corporation
10.2.1 Luminex Home Décor & Fragrance Holding Corporation Company Information
10.2.2 Luminex Home Décor & Fragrance Holding Corporation Introduction and Business Overview
10.2.3 Luminex Home Décor & Fragrance Holding Corporation Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Luminex Home Décor & Fragrance Holding Corporation Paraffin Wax Candles Products Offered
10.2.5 Luminex Home Décor & Fragrance Holding Corporation Recent Development
10.3 Bolsius
10.3.1 Bolsius Company Information
10.3.2 Bolsius Introduction and Business Overview
10.3.3 Bolsius Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Bolsius Paraffin Wax Candles Products Offered
10.3.5 Bolsius Recent Development
10.4 MVP Group International, Inc
10.4.1 MVP Group International, Inc Company Information
10.4.2 MVP Group International, Inc Introduction and Business Overview
10.4.3 MVP Group International, Inc Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MVP Group International, Inc Paraffin Wax Candles Products Offered
10.4.5 MVP Group International, Inc Recent Development
10.5 Gies
10.5.1 Gies Company Information
10.5.2 Gies Introduction and Business Overview
10.5.3 Gies Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Gies Paraffin Wax Candles Products Offered
10.5.5 Gies Recent Development
10.6 Talent
10.6.1 Talent Company Information
10.6.2 Talent Introduction and Business Overview
10.6.3 Talent Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Talent Paraffin Wax Candles Products Offered
10.6.5 Talent Recent Development
10.7 Universal Candle
10.7.1 Universal Candle Company Information
10.7.2 Universal Candle Introduction and Business Overview
10.7.3 Universal Candle Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Universal Candle Paraffin Wax Candles Products Offered
10.7.5 Universal Candle Recent Development
10.8 Qingdao Kingking Applied Chemistry Co., LTD
10.8.1 Qingdao Kingking Applied Chemistry Co., LTD Company Information
10.8.2 Qingdao Kingking Applied Chemistry Co., LTD Introduction and Business Overview
10.8.3 Qingdao Kingking Applied Chemistry Co., LTD Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Qingdao Kingking Applied Chemistry Co., LTD Paraffin Wax Candles Products Offered
10.8.5 Qingdao Kingking Applied Chemistry Co., LTD Recent Development
10.9 Vollmar
10.9.1 Vollmar Company Information
10.9.2 Vollmar Introduction and Business Overview
10.9.3 Vollmar Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Vollmar Paraffin Wax Candles Products Offered
10.9.5 Vollmar Recent Development
10.10 Empire Candle Co., LLC
10.10.1 Empire Candle Co., LLC Company Information
10.10.2 Empire Candle Co., LLC Introduction and Business Overview
10.10.3 Empire Candle Co., LLC Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Empire Candle Co., LLC Paraffin Wax Candles Products Offered
10.10.5 Empire Candle Co., LLC Recent Development
10.11 Hyfusin Group Holdings Limited
10.11.1 Hyfusin Group Holdings Limited Company Information
10.11.2 Hyfusin Group Holdings Limited Introduction and Business Overview
10.11.3 Hyfusin Group Holdings Limited Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hyfusin Group Holdings Limited Paraffin Wax Candles Products Offered
10.11.5 Hyfusin Group Holdings Limited Recent Development
10.12 Diptqyue
10.12.1 Diptqyue Company Information
10.12.2 Diptqyue Introduction and Business Overview
10.12.3 Diptqyue Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Diptqyue Paraffin Wax Candles Products Offered
10.12.5 Diptqyue Recent Development
10.13 Zhongnam
10.13.1 Zhongnam Company Information
10.13.2 Zhongnam Introduction and Business Overview
10.13.3 Zhongnam Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Zhongnam Paraffin Wax Candles Products Offered
10.13.5 Zhongnam Recent Development
10.14 Dandong Everlight Candle Industry Co., Ltd.
10.14.1 Dandong Everlight Candle Industry Co., Ltd. Company Information
10.14.2 Dandong Everlight Candle Industry Co., Ltd. Introduction and Business Overview
10.14.3 Dandong Everlight Candle Industry Co., Ltd. Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Dandong Everlight Candle Industry Co., Ltd. Paraffin Wax Candles Products Offered
10.14.5 Dandong Everlight Candle Industry Co., Ltd. Recent Development
10.15 Fushun Pingtian Wax products Co., ltd.
10.15.1 Fushun Pingtian Wax products Co., ltd. Company Information
10.15.2 Fushun Pingtian Wax products Co., ltd. Introduction and Business Overview
10.15.3 Fushun Pingtian Wax products Co., ltd. Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Fushun Pingtian Wax products Co., ltd. Paraffin Wax Candles Products Offered
10.15.5 Fushun Pingtian Wax products Co., ltd. Recent Development
10.16 Allite
10.16.1 Allite Company Information
10.16.2 Allite Introduction and Business Overview
10.16.3 Allite Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Allite Paraffin Wax Candles Products Offered
10.16.5 Allite Recent Development
10.17 Armadilla Wax Works
10.17.1 Armadilla Wax Works Company Information
10.17.2 Armadilla Wax Works Introduction and Business Overview
10.17.3 Armadilla Wax Works Paraffin Wax Candles Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Armadilla Wax Works Paraffin Wax Candles Products Offered
10.17.5 Armadilla Wax Works Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Paraffin Wax Candles Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Paraffin Wax Candles Industrial Chain Analysis
11.4 Paraffin Wax Candles Market Dynamics
11.4.1 Paraffin Wax Candles Industry Trends
11.4.2 Paraffin Wax Candles Market Drivers
11.4.3 Paraffin Wax Candles Market Challenges
11.4.4 Paraffin Wax Candles Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Paraffin Wax Candles Distributors
12.3 Paraffin Wax Candles Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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