Press release
Shaping the Candle Holder Market in 2025: K'DCOR Launches Innovative Reversible Candle Holder For Versatile Home Décor
How Big Is the Candle Holder Market Expected to Be, and What Will Its Growth Rate Be?In the past few years, the candle holder market has experienced significant expansion. The market size is set to increase from $0.7 billion in 2024 to $0.79 billion in 2025, displaying a compound annual growth rate (CAGR) of 13.0%. The preceding growth can be credited to factors such as enhanced spending on home decor, the expansion of online retailing, a rising demand for environmentally friendly products, an increase in do-it-yourself home projects, and accelerating globalization.
The market size for candle holders is projected to experience a swift expansion in the coming years, increasing to $1.28 billion by 2029, with a compound annual growth rate (CAGR) of 12.6%. This growth during the forecast period is largely due to heightened demands for DIY and homemade products, a surge in events and celebrations, more consumer spending on home aesthetics, a burgeoning luxury home goods market, and a rising need for multifunctional products. The forecast period is also expected to see major market trends like technological advancements, incorporation of cultural artefacts, subscription-based services, sustainable offerings, and various home décor styles.
What Are the Main Catalysts for Growth in the Candle Holder Market?
The growth of the candle holder market is projected to be fueled by the rising adoption and popularity of e-commerce. E-commerce is essentially the act of buying and selling products and services online, covering a range of business models like business-to-business (B2B), business-to-consumer (B2C), consumer-to-business (C2B), and consumer-to-consumer (C2C). Online shopping's convenience and the wide array of available products contributed to e-commerce's popularity. By utilizing e-commerce's benefits, candle holder businesses can broaden their market, interact better with customers, streamline workflows, and, in turn, boost sales and brand recognition. For instance, the United States Census Bureau demonstrated this in May 2024 when it reported US retail e-commerce sales for the first quarter of 2024 as $289.2 billion, a 2.1% (±0.7%) rise from the fourth quarter of 2023. As a result, the growing popularity of e-commerce is predicted to fuel the candle holder market's expansion.
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Who Are the Dominant Companies Influencing Candle Holder Market Trends?
Major companies operating in the candle holder market are Bath & Body Works Direct Inc., Crate & Barrel, The Yankee Candle Company Inc., Pier 1 Imports Inc, West Elm, Mud Pie, Candle Warmers, Pavilion Gift Company, MyGift Enterprise LLC, Serene Spaces Living, NAPA Home & Garden, Aloha Bay, Black Tai Salt Co., Dlite Crafts, CraftsOfEgypt, The Hosley Store, Steven Bukowski LLC, The Candle Dux, Colonial Candle, Biedermann & Sons Inc., AzureGreen, Majestic Giftware Inc., E W Hannas Inc.
How Is the Candle Holder Market Evolving?
In the candle holder market, key players are focusing on the creation of innovative items such as reversible candle holders. These provide a dual-sided design that caters to a variety of styles and occasions. The reversible candle holder has two unique designs, thereby offering flexibility and aesthetic diversity. For example, in June 2024, K'DCOR, a company from the USA that produces candle holders, introduced a revolutionary reversible candle holder to the market. This distinct product comes with a dual-purpose design that makes it compatible with both votive/tealight and taper candles. By simply flipping it, users can alternate between a chic, contemporary holder for votive or tealight candles, and a refined, traditional stand for taper candles. This adaptable functionality guarantees the reversible candle holder effortlessly integrates with any décor type, be it modern or classic.
What Are the Different Segmentations in the Candle Holder Market?
The candle holder market covered in this report is segmented -
1) By Type: Desktop Candle Holders, Hanging Candle Holders, Wall mounted Candle Holders, Outdoor Candle Holders
2) By Material: Ceramic, Glass, Metal, Plastic
3) By Style: Traditional, Modern, Ornamental, Minimalist
4) By Distribution Channel: Online, Offline
5) By Application: Residential, Commercial, Institutional, Hospitality
Subsegments:
1) By Desktop Candle Holders: Tabletop Candle Holders, Tea Light Candle Holders, Centerpiece Candle Holders, Decorative Candle Holders For Desks
2) By Hanging Candle Holders: Hanging Lanterns, Hanging Tealight Candle Holders, Suspension Candle Holders, Pendant Candle Holders
3) By Wall Mounted Candle Holders: Wall Sconces, Candle Wall Brackets, Decorative Wall Candle Holders, Floating Wall Candle Holders
4) By Outdoor Candle Holders: Outdoor Lanterns, Garden Candle Holders, Patio Candle Holders, Tiki Torch Candle Holders
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Which Region Is at the Forefront of the Candle Holder Market?
Asia-Pacific was the largest region in the candle holder market in 2024. The regions covered in the candle holder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Candle Holder Global Market Report?
- Market Size Analysis: Analyze the Candle Holder Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Candle Holder Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Candle Holder Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Candle Holder Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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