Candle Market Size Is Projected To Surpass USD 26.55 Billion By 2032 | CAGR:6.20%

𝐂𝐚𝐧𝐝𝐥𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟏𝟓.𝟏𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑. 𝐓𝐡𝐞 𝐜𝐚𝐧𝐝𝐥𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐭𝐨 𝐔𝐒𝐃 𝟐𝟔.𝟓𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟔.𝟐𝟎% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝 (𝟐𝟎𝟐𝟒 - 𝟐𝟎𝟑𝟐).

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧

Candles are typically made up of paraffin wax, naturally cylindrical but made in multiple fanciful designs. This wax is colorless and is removed from coal shale and petroleum oil. Candles are utilized for decoration at numerous events, places, celebrations, and festivals such as weddings, Christmas, Diwali, and very familiar and famous candlelight dinners. They are available in different shapes, sizes, and scents, and they're usually associated with coziness, warmth, and ambiance.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.polarismarketresearch.com/industry-analysis/candle-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

● Several reasons have contributed to the expansion of the candle market in recent years. Among these is the rising demand for products with fragrances for the house. More people are seeking ways to make their houses feel better, and candles are a common way to produce a nice aroma in a place.

● The market size will expand due to the growth of the self-care and wellness sectors. The demand for candles has increased along with the growth of meditation, yoga, and other self-care businesses, and candles are frequently utilized in these practices.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

𝐇𝐞𝐫𝐞 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐢𝐬𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
• Bath & Body Works Direct
• Better Homes & Gardens
• Bridgewater Candle Company
• Colonial Candle
• Circle E Candles
• Diptyque S.A.S
• Jo Malone London
• MALIN+GOETZ
• NEST Fragrances LLC
• The Yankee Candle Company
• Conscious Candle Company
• Contract Candles & Diffusers
• Ellis Brooklyn
• TRUDON
• Le Labo

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/2134/2

𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The candle market analysis is mainly based on the distribution channel, wax type, product, and region. Based on the product analysis, in 2022, the votive product type witnessed the fastest growth. Votive candles have the potential to impact the candle industry's growth by attracting buyers who are searching for small, reasonably priced candles to use in spiritual or religious activities like meditation or prayer.

Moreover, according to distribution channel research, offline distribution holds a significant revenue share. Physical retail shops and other offline distribution channels can have a big impact on the candle market's expansion. Customers can see and smell candles in person before purchasing physical retail establishments such as department stores, home goods stores, gift shops, and specialized stores.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 : https://www.polarismarketresearch.com/industry-analysis/candle-market

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
𝙀𝙣𝙙𝙤𝙡𝙪𝙢𝙞𝙣𝙖𝙡 𝙎𝙪𝙩𝙪𝙧𝙞𝙣𝙜 𝘿𝙚𝙫𝙞𝙘𝙚𝙨 𝙈𝙖𝙧𝙠𝙚𝙩 : https://www.polarismarketresearch.com/industry-analysis/endoluminal-suturing-devices-market
𝘾𝙤𝙡𝙙 𝙋𝙖𝙞𝙣 𝙏𝙝𝙚𝙧𝙖𝙥𝙮 𝙈𝙖𝙧𝙠𝙚𝙩 : https://www.polarismarketresearch.com/industry-analysis/cold-pain-therapy-market
𝘿𝙞𝙜𝙞𝙩𝙖𝙡 𝙋𝙝𝙖𝙧𝙢𝙖𝙘𝙮 𝙈𝙖𝙧𝙠𝙚𝙩 : https://www.polarismarketresearch.com/industry-analysis/digital-pharmacy-market
𝘾𝙚𝙡𝙡 𝙏𝙝𝙚𝙧𝙖𝙥𝙮 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙞𝙚𝙨 𝙈𝙖𝙧𝙠𝙚𝙩 : https://www.polarismarketresearch.com/industry-analysis/cell-therapy-technologies-market
𝙈𝙚𝙙𝙞𝙘𝙖𝙡 𝙏𝙖𝙥𝙚𝙨 𝙖𝙣𝙙 𝘽𝙖𝙣𝙙𝙖𝙜𝙚𝙨 𝙈𝙖𝙧𝙠𝙚𝙩 : https://www.polarismarketresearch.com/industry-analysis/medical-tapes-and-bandages-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:
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Email: sales@polarismarketresearch.com

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This release was published on openPR.