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Candle Market to Illuminate $15.71 Billion by 2030 with an 8.2% CAGR Growth

12-20-2024 05:38 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Candle Market

Candle Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐‘๐ž๐š๐œ๐ก ๐”๐’๐ƒ ๐Ÿ๐Ÿ“.๐Ÿ•๐Ÿ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ

The global candle market, valued at USD 9.05 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 8.2%, reaching approximately USD 15.71 billion by 2030.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Candles have evolved beyond mere sources of illumination to become integral elements of home dรฉcor, aromatherapy, and lifestyle aesthetics. The increasing consumer inclination towards home ambiance enhancement, coupled with the rising popularity of scented and decorative candles, is propelling market growth. Additionally, the trend towards eco-friendly and sustainable products has led to a surge in demand for candles made from natural waxes and essential oils.

๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's candle market is experiencing significant growth, driven by increasing consumer interest in home dรฉcor and aromatherapy. The rise in disposable income and urbanization has led to a higher demand for premium and scented candles, presenting opportunities for both local manufacturers and international brands.

๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

In Thailand, the candle market is expanding due to cultural practices and a growing tourism industry. Traditional Thai candles, known for their unique designs and fragrances, are gaining popularity among tourists, leading to increased sales and export opportunities.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ญ๐จ๐๐š๐ฒ : https://www.maximizemarketresearch.com/request-sample/42231/

๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's candle market is witnessing a shift towards minimalistic designs and natural ingredients. Consumers are favoring candles made from soy wax and infused with essential oils, aligning with the global trend towards sustainability and wellness.

๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's candle industry is characterized by consolidation, with major players expanding their market share through mergers and acquisitions. This trend is facilitating the introduction of innovative products and strengthening distribution networks across the country.

๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's candle market is updating with a focus on luxury and customization. Consumers are seeking personalized candles for special occasions, leading to a rise in bespoke candle services and niche artisanal brands catering to this demand.

๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States remains a dominant player in the global candle market, with a strong consumer base favoring scented and decorative candles. The trend towards home fragrance and wellness products continues to drive market growth, with an increasing preference for candles made from natural and sustainable materials.

๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's candle market is projected to experience substantial growth, driven by cultural traditions and a strong emphasis on home ambiance. The demand for eco-friendly candles is particularly high, with consumers favoring products made from renewable resources and packaged sustainably.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ : The candle industry has witnessed significant mergers and acquisitions, enabling companies to expand their product portfolios and market reach. For instance, major players are acquiring niche brands specializing in natural and organic candles to cater to the growing demand for eco-friendly products.

๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ : Manufacturers are introducing innovative products, such as candles with wooden wicks that produce a crackling sound, enhancing the sensory experience. Additionally, there is a rise in multi-functional candles that serve as both fragrance diffusers and decorative pieces.

๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐ˆ๐ง๐ข๐ญ๐ข๐š๐ญ๐ข๐ฏ๐ž๐ฌ : In response to consumer demand for sustainable products, companies are adopting eco-friendly practices, including the use of biodegradable packaging, natural waxes like soy and beeswax, and ethically sourced fragrances.

The global candle market is poised for significant growth, with regional markets adapting to local consumer preferences and global trends. The industry's evolution is marked by product innovations, strategic mergers and acquisitions, and a heightened focus on sustainability and personalization.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ค๐ž๐ฒ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ :

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

Tea Lights
Votive
Pillars
Birthday Candle
Cartridge Candle
Wax Filled Container Candles
Others

Tea Lights, Votive, Pillars, Birthday Candle, Cartridge Candle, Wax Filled Container Candles, and Others are the market segments based on type. The market was dominated by the votive candle category in 2023 and is anticipated to continue to maintain the greatest share of the candle market during the forecast period. In the candle industry, the votive candle section refers to a particular type of candle that is distinguished by its modest size and cylindrical shape. Usually short and squat, votive candles are smaller than pillar candles but wider than conventional taper candles. Votive candles typically burn for a shorter period of time than larger candles like pillar or jar candles because of their diminutive size. Votive candles, however, continue to illuminate for several hours, thus they're appropriate for temporary use .

๐›๐ฒ ๐–๐š๐ฑ ๐“๐ฒ๐ฉ๐ž

Beeswax
Stearin
Paraffin Wax
Rapeseed Wax
Palm Wax
Soy Wax
Others

The market is divided into several segments based on the kind of wax: Beeswax, Stearin, Paraffin, Rapeseed, Palm, Soy, and Others. The candle market's greatest share is anticipated to be held by the Paraffin Wax segment, which dominated the market in 2023. Because of its affordability, adaptability, and simplicity of use, paraffin wax is one of the most widely used ingredients in the production of candles. Paraffin wax, a white or colorless solid wax made from petroleum byproducts, makes up the majority of paraffin wax candles. Paraffin wax is a common option for scented and colored candles because of its reputation for retaining color and scent. A versatile substance, paraffin wax is easily molded and formed into a variety of candle forms.

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Online
Offline

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž : @https://www.maximizemarketresearch.com/request-sample/42231/

๐‹๐ž๐š๐ซ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ข๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ :

1. Yankee Candle Company (United States)
2. Bath & Body Works (United States)
3. Village Candle (United States)
4. PartyLite (United States)
5. Chesapeake Bay Candle (United States)
6. Colonial Candle (United States)
7. WoodWick Candle (United States)
8. Illuminations (United States)
9. Diptyque (France)
10. Jo Malone London (United Kingdom)
11. Voluspa (United States)
12. NEST Fragrances (United States)
13. Paddywax (United States)
14. Archipelago Botanicals (United States)
15. Capri Blue (United States)
16. Kringle Candle Company (United States)
17. Root Candles (United States)
18. Makers of Wax Goods (United States)
19. Himalayan Trading Post (United States)
20. Aquiesse (United States)
21. Circle E Candles (United States)
22. Tyler Candle Company (United States)
23. Swan Creek Candle Company (United States)
24. Bridgewater Candle Company (United States)

๐†๐ž๐ญ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ฌ ๐ญ๐จ ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐š๐ฉ๐ข๐ง๐  ๐ญ๐ก๐ž ๐‚๐š๐ง๐๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ :

What is Candle ?
What is the growth rate of the Candle Market?
Which are the factors expected to drive the Candle market growth?
What is the CAGR at which the Candle market will grow during the forecast period?
What are the different segments of the Candle Market?
Which is the fastest growing region in the Candle market?
What growth strategies are the players considering to increase their presence in Candle ?
What are the upcoming opportunities and trends for the Candle Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Candle Market?
Who are the leading companies and what are their portfolios in Candle Market?
What segments are covered in the Candle Market?
Who are the key players in the Candle market?

๐†๐š๐ข๐ง ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/42231/

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ.

Past Size and Competitive Landscape
โ€ข Past Pricing and price curve by region
โ€ข Size, Share, Size Forecast by different segment
โ€ข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โ€ข Segmentation A detailed analysis by segment with their sub-segments and Region
โ€ข Competitive Landscape Profiles of selected key players by region from a strategic perspective

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Rainwater Harvesting Market https://www.maximizemarketresearch.com/market-report/rainwater-harvesting-market/12432/

โ™ฆ Helium Market https://www.maximizemarketresearch.com/market-report/global-helium-market/26772/

โ™ฆ Aluminum Casting Market https://www.maximizemarketresearch.com/market-report/global-aluminum-casting-market/63550/

โ™ฆ Delivery Robots Market https://www.maximizemarketresearch.com/market-report/global-delivery-robots-market/64334/

โ™ฆ Underground Utility Mapping Market https://www.maximizemarketresearch.com/market-report/global-underground-utility-mapping-market/102461/

โ™ฆ Global Semiconductor Lasers Market https://www.maximizemarketresearch.com/market-report/global-semiconductor-lasers-market/33707/

โ™ฆ Global Bio Based Resin Market https://www.maximizemarketresearch.com/market-report/global-bio-based-resin-market/26751/

โ™ฆ Global Silicon anode battery Market https://www.maximizemarketresearch.com/market-report/global-silicon-anode-battery-market/8426/

โ™ฆ Global Automotive Aluminum Extrusion Market https://www.maximizemarketresearch.com/market-report/global-automotive-aluminum-extrusion-market/74708/

โ™ฆ Cervical Cancer Screening Market https://www.maximizemarketresearch.com/market-report/global-cervical-cancer-screening-market/31390/

๐‘๐ž๐š๐œ๐ก ๐Ž๐ฎ๐ญ ๐ญ๐จ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐จ๐ซ ๐ˆ๐ง-๐ƒ๐ž๐ฉ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :

MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune Banglore Highway, Narhe
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sales@maximizemarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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Furfural Market size was valued at USD 630.2Mn in 2023. The Furfural Market revenue is growing at a CAGR of 6.8 % from 2023 to 2029, reaching nearly USD 998.30 Bn by 2030. Furfural Market Overview: The furfural market is centered around an organic compound derived primarily from agricultural byproducts such as corn cobs, sugarcane bagasse, and rice husks through a process of acid hydrolysis. As one of the oldest renewable chemicals,โ€ฆ
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to Grow at a 5.59% CAGR Through 2032
09-05-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to โ€ฆ
Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion. Chemical Protective Clothing Market Overview: The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range ofโ€ฆ
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR Growth to 2032
09-05-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR โ€ฆ
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion. Prefabricated Homes Market Overview: The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizesโ€ฆ

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10-30-2023 | Advertising, Media Consulting, โ€ฆ
AMA Research & Media LLP
Animal Wax Candle Market Is Booming Worldwide | Bolsius, Colonial Candle, Vollma โ€ฆ
Latest Study on Industrial Growth of Animal Wax Candle Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Animal Wax Candle market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trendsโ€ฆ
09-27-2019 | Business, Economy, Finances, B โ€ฆ
KD Market Insights
Candle Market: The Yankee Candle Co. Inc, Colonial Candle, White Barn Candles, S โ€ฆ
A new market research report on the Global Candle market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Candle market. The Global Candle analysis is broken down on different segmentation levels including Market By Candle Type, By Sales Channel, By Price. The candle finds a range of applications in our lives. The candles have been used for heat, light, keeping timeโ€ฆ
02-08-2019 | Business, Economy, Finances, B โ€ฆ
Researchreport.biz
Global Candle Market Size Estimated to Observe Significant Growth by 2019 Blyth โ€ฆ
The research study on Global Candle Market organizes the overall perspective of the Candle industry. Thisย incorporates upcoming flow of the Candle market together with an extensive analysis of recent industry statistics. It describes the Candle market size as well as factors controlling market growth. Likewise, the report explains various challenges which affect Candle market expansion. The report reviews economic prominence of the Candle industry around the globe. The report offersโ€ฆ
07-11-2017 | Advertising, Media Consulting, โ€ฆ
QYresearchreports
Global Candle Market Research Report 2017 - Blyth, Bolsius, Colonial Candle, Can โ€ฆ
This report studies Candle in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Jarden Corp (Yankee Candle) Blyth Bolsius Colonial Candle Candle-lite S.C. Johnson & Son Gies Vollmar Chesapeake Bay Candle Kingking Talent Pintian Wax Zhong Nam Langley/Emprire Candle Allite Everlight Lancaster Colony Armadilla Wax Works Dianne's Custom Candles Fill the form for an exclusive sample of this report @ http://www.qyresearchreports.com/sample/sample.php?rep_id=906876&type=E Market Segment by Regions, this reportโ€ฆ
06-19-2017 | Advertising, Media Consulting, โ€ฆ
Candle Market
Global Candle Market 2017-2022 - Jarden, Blyth, Bolsius, Colonial Candle, Candle โ€ฆ
Global Candle Market Research Report by Type, Manufacturers, Application, Type, and Regions, Forecast till year 2022 Scope of Candle Market: A market study based on the "Candle Market" across the globe, recently added to the repository of Market Research, is titled โ€˜Global Candle Market 2017โ€™. The research report analyses the historical as well as present performance of the worldwide Candle industry, and makes predictions on the future status of Candle marketโ€ฆ
04-03-2017 | Business, Economy, Finances, B โ€ฆ
FMR Industry
Global Candle Market 2017 - Jarden Corp, Blyth, Bolsius, Colonial Candle, Candle โ€ฆ
The market study, titled Global Candle Industry 2017, has been compiled by industry experts and is based on a comprehensive analysis of the Candle market in the world. The geographical distribution and various segments of the Candle market are extensively studied in this report. The in-depth analysis of the industrial chain supporting the Candle market in the globe incorporates factual information about every aspect of the market such as details aboutโ€ฆ