info@marketlookconsulting.com +1 347 441 0939

Global Candle Market Report, Industry Analysis and Forecast to 2029

Request for Sample
  1. Home
  2. Consumer Goods
  3. Candle Market

Candle Market Outlook, Market Size, Growth, Trends, and Future Opportunities and Forecast 2022-2029

Social Share Button
Consumer Goods

The global Candle market was valued at USD 7.8 billion in 2021 and is projected to reach USD 11.29 billion by 2029, at a Compound Annual Growth (CAGR) of 5.6% during the forecast period 2022-2029.

The global Candle market has witnessed a decline in growth since the pandemic has hindered the distribution routes, and adversely impacted the supply of adequate human resources and raw materials, however with time getting better the festive celebration is bringing back the demand for decorative materials which is positively affecting the demand for Candles which are turning up all the opportunities in different regions across the world. Asia Pacific and North America have always been the center of attraction for the Candle trend. With attractive R&D facilities and inorganic growth strategies, companies are bolstering their growth and expansion across the world.

Candle-Market

Global Candle Market Overview

The global Candle demand has been driven by the rising demand for candles for holiday celebrations like Diwali and Christmas as well as for home and office decoration alongside the youths' growing understanding of how burning candles affects the environment is motivating the brands to work toward lowering their carbon footprint and focusing on more sustainable products. Additionally, the patents registered and the type of investment done in the trials are immense which is contributing hugely towards environmental wellbeing and the times to come.

Candle Market Report Outlook

The Candle market report focuses on different aspects regarding the product type, wax outlook, and applications. The research analyses the sustainable form of products, less carbon burning in the environment, and service types of the product to obtain a better understanding of the growth and trends of the market since 2019 which also facilitates the estimation of the upcoming growth of the market in the next 7 years.

Candle Market Competitive Landscape

The Candle Market report also holds competitive analysis which can be used to differentiate different methods of extracting; technologies used in manufacturing candles; prices; innovation in R&D; patents; organic and inorganic growth strategies; financial analysis to determine the revenue generation and other key aspects of the finance; new partnership, joint ventures, collaborations, and acquisitions; market share of the top competitors in the market; and understand the growth strategies being undertaken by these major players to analyze the future market trends.

Candle Market Regional Analysis

The market synopsis will also cover the regional dynamics and growth prospects which would include regions- North America, Asia Pacific, Europe, South America, Middle East, and Africa. These regions will be analyzed per country based on market drivers, restraints, opportunities, and trends to get a closer view of the market studied.

Moreover, the introduction of technology and machinery in the Home and Textile industry is driving the agility of marketing management and focusing more on the consumer experience, which in turn escalates the demand for environment-friendly alternatives across the developed countries in the world. Scrutinizing these factors for the countries is expected to enhance the value chain of the Candle market and aid us with better insights about the same.

Candle Market In-depth Analysis Aspects

Mention certain other aspects which will include the Porter Five Forces, Patent analysis, PESTEL Analysis, Export-Import data, and Industry Value Chain will also bind the analysis of the Candle Market report.

Research Methodology

The study period of the market is considered to be 10 years (2019-2029) which will be analyzed through the two major research techniques – Primary and Secondary Research methods. The primary research method includes the interviews of the key personnel in the industry considered as the industry experts, major distributors, suppliers, and consumer base sample survey to understand the direct perspective of the market. Additionally, these data are backed by the secondary research method which includes company overview through websites, annual reports, SEC filings, investor presentations, news, and databases. The growth trends are always measured based on current and past scenarios considering any recent news which can drastically impact the growth rate of the market studied. Moreover, the consumption forecast depends on the company’s upcoming plans and revenue generation aspects.

Benefits of The Report

  • The Candle Market report is designed to understand the past, present, and future market scenarios considering all the growth, restraining, and other factors influencing the market studied.
  • The report is designed with the assistance of industry experts for a better understanding of the market studied
  • The market is analyzed with an in-depth study of the company’s view on the market considering the present economic, political, social, geographical, and legal factors.
  • To gain a clear insight for a better future perspective of the market studied in 360-degree synopsis.
  • Understand the competition in the market is a part of the market or a new entrant in the market.
  • Analyse the different aspects in different geographies influencing the growth of the Candle Market through a diverse consumer base.

Table of Content

  1. Market Overview
    1. Research Methodology
    2. Definitions and Scope
  2. Market - Executive Summary
    1. Market Opportunity
    2. Key Trends by Product Segments
    3. Key Trends by Geography
  3. Candle Market Landscape
    1. Comparative analysis
      1. Product Benchmarking - Top 10 companies
      2. Top 5 Financials Analysis
      3. Market Value split by Top 10 companies
      4. Pricing Analysis
  4. Market Forces
    1. Market Drivers
      1. High R&D Expenditure
      2. Rising Cases of Chronic Diseases
    2. Market Constraints
      1. Lack of Skilled Workforce in the Research Department
      2. Other Constraints
    3. Market Challenges
    4. Porter’s Five Forces
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Degree of Competition
  5. Candle Market - Strategic Analysis
    1. Value Chain
    2. Opportunity
    3. Patent Analysis
  6. Global Candle Market Outlook
    1. Global Candle Market Outlook, by Product Type, 2019-2029
      1. Votive
      2. Pillars
      3. Scented
      4. Others
    2. Global Candle Market Outlook, by Wax Type, 2019-2029
      1. Beeswax
      2. Paraffin
      3. Palm Wax
      4. Others
    3. Global Candle Market Outlook, by Distribution Channel, 2019-2029
      1. Online
      2. Offline
  7. Asia Pacific Candle Market Outlook
    1. Key Snapshot
    2. Asia Pacific Candle Market Outlook, by Product Type, 2019-2029
      1. Votive
      2. Pillars
      3. Scented
      4. Others
    3. Asia Pacific Candle Market Outlook, by Wax Type, 2019-2029
      1. Beeswax
      2. Paraffin
      3. Palm Wax
      4. Others
    4. Asia Pacific Candle Market Outlook, by Distribution Channel, 2019-2029
      1. Online
      2. Offline
    5. Asia Pacific Candle Market Outlook, by Country, 2019-2029
      1. China Candle Market Outlook, 2019-2029
      2. India Candle Market Outlook, 2019-2029
      3. Japan Candle Market Outlook, 2019-2029
      4. South Korea Candle Market Outlook, 2019-2029
      5. Australia Candle Market Outlook, 2019-2029
      6. Rest of Asia Pacific Candle Market Outlook, 2019-2029
  8. North America Candle Market Outlook
    1. Key Snapshot
    2. North America Candle Market Outlook, by Product Type, 2019-2029
      1. Votive
      2. Pillars
      3. Scented
      4. Others
    3. North America Candle Market Outlook, by Wax Type, 2019-2029
      1. Beeswax
      2. Paraffin
      3. Palm Wax
      4. Others
    4. North America Candle Market Outlook, by Distribution Channel, 2019-2029
      1. Online
      2. Offline
    5. North America Candle Market Outlook, by Country, 2019-2029
      1. The United States Candle Market Outlook, 2019-2029
      2. Canada Candle Market Outlook, 2019-2029
      3. Mexico Candle Market Outlook, 2019-2029
  9. Europe Candle Market Outlook
    1. Key Snapshot
    2. Europe Candle Market Outlook, by Product Type, 2019-2029
      1. Votive
      2. Pillars
      3. Scented
      4. Others
    3. Europe Candle Market Outlook, by Wax Type, 2019-2029
      1. Beeswax
      2. Paraffin
      3. Palm Wax
      4. Others
    4. Europe Candle Market Outlook, by Distribution Channel, 2019-2029
      1. Online
      2. Offline
    5. Europe Candle Market Outlook, by Country, 2019-2029
      1. United Kingdom Candle Market Outlook, 2019-2029
      2. Germany Candle Market Outlook, 2019-2029
      3. France Candle Market Outlook, 2019-2029
      4. Italy Candle Market Outlook, 2019-2029
      5. Russia Candle Market Outlook, 2019-2029
      6. Rest of Europe Candle Market Outlook, 2019-2029
  10. South America Candle Market Outlook
    1. Key Snapshot
    2. South America Candle Market Outlook, by Product Type, 2019-2029
      1. Votive
      2. Pillars
      3. Scented
      4. Others
    3. South America Candle Market Outlook, by Wax Type, 2019-2029
      1. Beeswax
      2. Paraffin
      3. Palm Wax
      4. Others
    4. South America Candle Market Outlook, by Distribution Channel, 2019-2029
      1. Online
      2. Offline
    5. South America Candle Market Outlook, by Country, 2019-2029
      1. Brazil Candle Market Outlook, 2019-2029
      2. Argentina Candle Market Outlook, 2019-2029
      3. Rest of South America Candle Market Outlook, 2019-2029
  11. The Middle East and Africa Candle Market Outlook
    1. Key Snapshot
    2. The Middle East and Africa Candle Market Outlook, by Product Type, 2019-2029
      1. Votive
      2. Pillars
      3. Scented
      4. Others
    3. The Middle East and Africa Candle Market Outlook, by Wax Type, 2019-2029
      1. Beeswax
      2. Paraffin
      3. Palm Wax
      4. Others
    4. The Middle East and Africa Candle Market Outlook, by Distribution Channel, 2019-2029
      1. Online
      2. Offline
    5. The Middle East and Africa Candle Market Outlook, by Country, 2019-2029
      1. Saudi Arabia Candle Market Outlook, 2019-2029
      2. UAE Candle Market Outlook, 2019-2029
      3. South Africa Candle Market Outlook, 2019-2029
      4. Rest of the Middle East and Africa Candle Market Outlook, 2019-2029
  12. Candle Market -Entropy
    1. New Product Launches
    2. M&A, Collaborations, JVs, and Partnerships
  13. Candle Market Company Analysis
    1. Market Share Analysis, Financial Analysis, Product Synopsis, Recent News, and Developments
    2. Portmeirion Group PLC
    3. Newell Brands
    4. MVP Group International, Inc.
    5. Estée Lauder Companies Inc.
    6. Diptyque Paris
    7. Lalique Group SA
    8. NEST New York
    9. Thymes, LLC
    10. Bath & Body Works
    11. Bridgewater Candles

Top Major Players List :- Candle Market

  • Portmeirion Group PLC
  • Newell Brands
  • MVP Group International, Inc.
  • Estée Lauder Companies Inc.
  • Diptyque Paris
  • Lalique Group SA
  • NEST New York
  • Thymes, LLC
  • Bath & Body Works
  • Bridgewater Candles

SELECT LICENCE TYPE

  • Single User Licence     $2950
  • Multi User Licence     $4950
  • Enterprice User Licence     $6950


Related Reports