The Colombia candle market size is projected to grow at a CAGR of 4.10% between 2025 and 2034.
The Colombiacandle marketgrowth is driven by the surging popularity of scented candles, the expansion of online stores, and increased consumer investment in home decor. Scented candles are driving the market as they provide fragrance, create a soothing atmosphere, and illuminate the surroundings. The demand for candles from restaurants and spas is also expected to contribute to the market growth. Festivities like Christmas and Día de la Velita play a significant role in driving sales, with locals contributing more during these seasons, creating opportunities for market expansion and substantial revenue generation.
As per the Colombia candle market analysis, the integration of 3D printing technology into the candle manufacturing sector has revolutionised the way manufacturers create and design their products. Traditionally, candle making involved manual labour and limited design options. However, with the advent of 3D printing, manufacturers can now create intricate and complex designs that were previously unimaginable. This technology enables them to experiment with various shapes, patterns, and textures, giving rise to a whole new level of artistic expression in the market.
Furthermore, the expansion of online platforms presents an excellent opportunity for candle manufacturers to expand their consumer base. Online stores offer a wide range of products, allowing people to compare prices and purchase a variety of candles at affordable rates.
Market Segmentation
Colombia Candle Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Pillars
Votive
Tapers
Container Candles
Others
Market Breakup by Raw Material
Beeswax
Palm Wax
Soy Wax
Paraffin Wax
Others
Market Breakup by Distribution Channel
Online
Offline
Competitive Landscape
The market participants are directing their attention towards the manufacturing of fragrant candles, while simultaneously striving to make sustainable products using materials like beeswax in order to attain a competitive advantage.
Bath & Body Works Direct, Inc.
S.C. Johnson and Son,
Velas Luz de America
CERERÍA SAGRADO CORAZÓN
Standard Commerce Company SAS (The Candle Shop)
VELAS Y VELONES CRISTAL SAS
CERERÍA LA NACIONAL
Others
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Latin America Candle Market Overview
- 5.1 Key Industry Highlights
- 5.2 Latin America Candle Historical Market (2018-2024)
- 5.3 Latin America Candle Market Forecast (2025-2034)
- 5.4 Latin America Candle Market Share by Country
- 5.4.1 Brazil
- 5.4.2 Mexico
- 5.4.3 Argentina
- 5.4.4 Colombia
- 5.4.5 Others
- 6 Colombia Candle Market Overview
- 6.1 Key Industry Highlights
- 6.2 Colombia Candle Historical Market (2018-2024)
- 6.3 Colombia Candle Market Forecast (2025-2034)
- 7 Colombia Candle Market by Product Type
- 7.1 Pillars
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Votive
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Tapers
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Container Candles
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Colombia Candle Market by Raw Material
- 8.1 Beeswax
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Palm Wax
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Soy Wax
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Paraffin Wax
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Others
- 9 Colombia Candle Market by Distribution Channel
- 9.1 Online
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Offline
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyers Powers
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators for Demand
- 10.4 Key Indicators for Price
- 11 Value Chain Analysis
- 12 Trade Data Analysis (HS Code: 333)
- 12.1 Major Importing Countries
- 12.1.1 By Volume
- 12.1.2 By Value
- 12.2 Major Exporting Countries
- 12.2.1 By Volume
- 12.2.2 By Value
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1 Supplier Selection
- 14.2 Key Global Players
- 14.3 Key Regional Players
- 14.4 Key Player Strategies
- 14.5 Company Profiles
- 14.5.1 Bath & Body Works Direct, Inc.
- 14.5.1.1 Company Overview
- 14.5.1.2 Product Portfolio
- 14.5.1.3 Demographic Reach and Achievements
- 14.5.1.4 Certifications
- 14.5.2 S.C. Johnson and Son,
- 14.5.2.1 Company Overview
- 14.5.2.2 Product Portfolio
- 14.5.2.3 Demographic Reach and Achievements
- 14.5.2.4 Certifications
- 14.5.3 Velas Luz de America
- 14.5.3.1 Company Overview
- 14.5.3.2 Product Portfolio
- 14.5.3.3 Demographic Reach and Achievements
- 14.5.3.4 Certifications
- 14.5.4 CERERÍA SAGRADO CORAZÓN
- 14.5.4.1 Company Overview
- 14.5.4.2 Product Portfolio
- 14.5.4.3 Demographic Reach and Achievements
- 14.5.4.4 Certifications
- 14.5.5 Standard Commerce Company SAS (The Candle Shop)
- 14.5.5.1 Company Overview
- 14.5.5.2 Product Portfolio
- 14.5.5.3 Demographic Reach and Achievements
- 14.5.5.4 Certifications
- 14.5.6 VELAS Y VELONES CRISTAL SAS
- 14.5.6.1 Company Overview
- 14.5.6.2 Product Portfolio
- 14.5.6.3 Demographic Reach and Achievements
- 14.5.6.4 Certifications
- 14.5.7 CERERÍA LA NACIONAL
- 14.5.7.1 Company Overview
- 14.5.7.2 Product Portfolio
- 14.5.7.3 Demographic Reach and Achievements
- 14.5.7.4 Certifications
- 14.5.8 Others
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook