Press release
Global Candle Market to be Worth USD 13 BN by 2030, High Demand for Soy, Coconut, and Beeswax Drive Growth - Arizton
Candle Market Research Report by Arizton
Arizton's latest research reveals that the global candle market [https://www.arizton.com/market-reports/candle-market], valued at USD 10.45 billion in 2024, is projected to reach USD 13.19 billion by 2030, with total shipments expected to reach 4.55 million tons. The growth is being propelled by rising demand for premium and scented wellness candles, the accelerated adoption of e-commerce, and expanding consumption across Asia-Pacific markets.
This trend reflects a broader shift in consumer behavior toward home personalization, self-care, and lifestyle experiences, positioning candles not just as household items but as key drivers of brand differentiation, wellness rituals, and emotional engagement.
Download an Illustrative overview: https://www.arizton.com/market-reports/candle-market
Report Summary:
Market Size (2030): USD 13.19 Billion
Market Size (2024): USD 10.45 Billion
CAGR (2024-2030): 3.96%
Market Size (Unit Shipment): 4.55 Million Tons (2030)
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Product Type, Wax Type, Application, Price and Lifestyle Tier, Distribution Channel, and Geography
Geographic Analysis: North America, Europe, Apac, Latin America, and Middle East & Africa
Eco-Friendly Shift: Consumer Demand for Natural Waxes Is Reshaping Candle Trends
The global candle market is undergoing an eco-friendly transformation as consumers shift from paraffin to natural waxes like soy, coconut, and beeswax. Premium ranges such as Yankee Candle's Well Living Collection and Paddywax's soy blends highlight how sustainability is driving purchasing decisions. Retailers like IKEA and Target showcase cleaner-burning candles, while brands like Rituals and Lush innovate with natural waxes and essential oils. Independent makers such as Eco Candle Co. demonstrate that renewable, toxin-free offerings resonate strongly, signaling strategic opportunities for manufacturers and investors to capitalize on rising demand for sustainable, wellness-oriented products.
Wellness Ignites: Self-Care Drives Surging Candle Demand
The global candle market is increasingly driven by wellness-focused consumption, as consumers turn to candles for relaxation, mindfulness, and emotional well-being. Brands like Yankee Candle's Aromatherapy Plus and Bath & Body Works' Sleep Collection show how major brands frame scented candles as stress-relief essentials. Calming fragrances like lavender and chamomile are now integrated into meditation, sleep routines, and self-care rituals, while younger demographics combine candles with skincare, journaling, and yoga. Social media communities like #CandleTok and wellness events worldwide amplify their role in daily routines, signaling enduring growth opportunities for manufacturers and investors in this fragrance-led, wellness-driven segment.
Candles on the Rise: Key Drivers Behind Soaring Global Sales
The candle market is increasingly shaped by gifting trends, with consumers choosing candles as versatile gifts for holidays, celebrations, and corporate occasions. Valued for their mix of affordability, emotional appeal, and lifestyle relevance, candles feature in seasonal gift sets from DW Home and wellness-inspired assortments by Chesapeake Bay Candle, highlighting the trend across retail channels. In the U.S., rising seasonal spending, as reported by the National Retail Federation in 2024, and in India, Diwali hampers featuring decorative tea lights and fragranced jars, underscore candles' role as accessible yet premium items. Corporate gifting further drives demand, with wellness-linked candles used for employee recognition, client engagement, and festive programs. Lifestyle magazines and gift guides reinforce their year-round appeal, from Valentine's Day to weddings and home-warmings. Looking ahead, gifting cultures globally are expected to continue embedding candles into personal and professional rituals, strengthening their position in the home and lifestyle market.
Scented Candles Dominated in 2024, Driving Decor and Fragrance Trends
The scented candle segment led the global market in 2024, capturing approximately 47% share. Its robust growth is fueled by rising demand worldwide, as scented candles offer dual value, both as decor and fragrance solutions. Popularity is driven by wellness trends, gifting culture, and premium positioning, particularly in urban and developed markets. By infusing wax with essential or fragrance oils, scented candles deliver ambiance and relaxation in homes, spas, and wellness spaces. Their versatility as both decorative and aroma-enhancing products positions them as a key segment across diverse consumer settings.
Asia Pacific Leads the Global Candle Market
The Asia Pacific region leads the global candle market, holding approximately 38% share, driven by rising incomes and growing wellness-focused lifestyles. Scented jars, decorative tapers, and artisanal soy or beeswax candles are gaining popularity, while utility and votive candles continue to serve ceremonial, temple, and rural uses. Festivals such as Diwali in India, Lunar New Year in China, and Mid-Autumn in Vietnam and Singapore create seasonal spikes in gifting and decor demand, while hospitality and tourism sustain year-round consumption. Meanwhile, North America and Europe collectively contribute nearly 46% of global candle revenues in 2024, fueled by widespread household decor adoption, high per-capita gifting, and premium fragrance preferences, highlighting the region's mature and steadily growing markets.
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Market Players of Global Candle Market
Key Company Profile
* PNewell Brands Inc.
* Bath & Body Works, Inc.
* Jo Malone London
* NEST NEW YORK
* Bolsius International B.V.
* Scentsy, Inc.
Other Prominent Company Profiles
* Voluspa
* Candle-lite Company
* Paddywax
* Diptyque
* Colonial Candle
* Trudon
* Village Candle
* Sand + Fog
* DW Home
* IKEA
* Bridgewater Candle Company
* Circle E Candles
* MALIN+GOETZ
* Contract Candles & Diffusers Ltd
* Empire Candle Co., LLC
* The White Company
* Thymes, LLC
* Lalique
* Welburn Candles
* Swan Creek Candle Co.
* ECOYA Limited
* MUJI (Ryohin Keikaku Co., Ltd.)
* GALA GROUP GmbH
* Esteban Paris Parfums
The Global Candle Market Research Report Includes Segments By
By Product Type
* Scented Candles
* Unscented Candles
* Decorative And Novelty Candles
* Others
By Wax Type
* Paraffin Wax
* Soy Wax
* Beeswax
* Others
By Application
* Home Decor / Residential
* Aromatherapy / Wellness
* Religious And Spiritual
* Hospitality And Foodservice
* Others
By Price And Lifestyle Tier
* Everyday Essentials
* Home And Wellness
* Luxury And Prestige
By Distribution Channel
* Offline
* Online
By Geography
North America
* US
* Canada
Europe
* Germany
* UK
* France
* Italy
* Spain
* Russia
* Netherlands
* Poland
* Sweden
* Denmark
APAC
* China
* Japan
* India
* South Korea
* Australia
* Indonesia
* Thailand
Latin America
* Brazil
* Mexico
* Argentina
Middle East & Africa
* Saudi Arabia
* UAE
* South Africa
Related Reports That May Align with Your Business Needs
* Home Fragrance Market - Global Outlook and Forecast 2023-2028 [https://www.arizton.com/market-reports/home-fragrance-market]
* Global Personal Luxury Goods Market Research Report 2021-2030 [https://www.arizton.com/market-reports/personal-luxury-goods-market]
What Key Findings Will Our Research Analysis Reveal?
* How big is the global candle market?
* What is the growth rate of the global candles market?
* Which product type contributed to the major revenue share of the global candle market?
* What are the key trends in the global candle market?
* Who are the major players in the global candles market?
* Which region dominates the global candle market?
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Post-Purchase Benefit
* 1hr of free analyst discussion
* 10% off on customization
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=global-candle-market-to-be-worth-usd-13-bn-by-2030-high-demand-for-soy-coconut-and-beeswax-drive-growth-arizton]
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/candle-market
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