Global Candle Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Candle market size was valued at US$ 6665 million in 2024 and is forecast to a readjusted size of USD 7849 million by 2031 with a CAGR of 2.3% during review period.

A candle is made of wax or other fuel, with a wick in it, and can continue to burn after being ignited. When the wick is lit, the flame melts the wax near the wick, which then vaporizes and combusts to produce light and, often, a pleasant scent. It can also be used to provide heat, or as a method of keeping time. Candles are also used in festivals or other special days and places of worship etc.

Candle industry with distribution is different from other industry, consequently, this market faces some big challenges. Candle usage frequency needs to increase to reinvigorate sales, private label products present a growing threat to branded products. However, the high-end candle segment is the area that continues to see strong growth. As the low- and mid-cost candles continue to erode under the pressure of strong competition, the high-end segment continues to tap into the home decorating angle for increased sales. Utilizing fewer mainstream methods for distribution (such as mass merchandisers and retailers), these manufacturers have been able to position their products as luxury and true home decor items.

The candle craft products industry belongs to the daily consumer goods industry. After years of development, the market has become relatively mature, and its overall market sales will not experience a rapid growth in leaps and bounds. However, for reasons such as culture, religion and daily life habits, candles, aromatherapy and related products have become necessities of life for European and American consumer groups, and related consumption habits and consumption patterns are relatively less affected by macroeconomic fluctuations. In recent years, with the improvement of people's material living standards and the impact of globalization on residents' lifestyles, especially the transformation of residents' consumption behavior from basic to enjoyment, candles are expected to be gradually accepted by the market as life accessories. Therefore, the market's consumer demand for candle products will exist stably for a long time and continue to grow, making the industry have a stable development prospect.

For the past few years, the candle industry grows smoothly. China is the main raw materials for the production of candle, meanwhile, combining with favorable tax policies and large number of available labors, at the same time, Chinese manufacturers are improving their technology, consequently, China is a major exporter of the candle in the future. Taking culture and religion into consideration, candle market has a certain potential in Europe, USA.

Over the past few years, improving incomes and the introduction of a variety of scented and colored candles has helped the industry recover from lows incurred during the recession. Going forward, the Candle Manufacturing industry is expected to continue benefiting from growing demand for candles domestically and abroad. In turn, this will be underpinned by rising disposable spending and a sustained preference for candles as scented and colored additives to rooms and households.

Barriers to entry in the Candle Manufacturing industry are low. Production inputs, such as wax, fragrances and colorants are cheap and relatively easy to source, enabling and encouraging entry during periods of high demand and promising profit margins. In addition, financing for a small production facility and relevant equipment is usually accessible, particularly during periods of low interest rates.

The consumption areas of candle are mainly North America and Europe. Europe is the largest consumer in the world, which occupied 40.3% in terms of volume in 2024. The candle industry concentration is not high, there are several thousands of manufacturers in the world, and high-end products mainly from North America and Europe.

Among all applications, craft field is expected to be the largest contributor to the overall Candle market in the future. The craft field application is estimated to have the highest growth potential during 2025 to 2031 in Candle market.

This report is a detailed and comprehensive analysis for global Candle market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Candle market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Candle market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Candle market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Candle market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Candle

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Candle market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yankee Candle (Newell Brands), Luminex, Bolsius, Universal Candle, Qingdao Kingking Applied Chemistry, Dalian Talent Gift Co.,Ltd., Hyfusin, Vollmar, Primacy Industries, Gies Kerzen, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Candle market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Petroleum & Mineral

Vegetable

Animal

Synthetic

Market segment by Application

Traditional Field

Craft Field

Major players covered

Yankee Candle (Newell Brands)

Luminex

Bolsius

Universal Candle

Qingdao Kingking Applied Chemistry

Dalian Talent Gift Co.,Ltd.

Hyfusin

Vollmar

Primacy Industries

Gies Kerzen

Empire Candle

Zhongnam

Diptqyue

Dandong Everlight Candle Industry

Allite

Fushun Pingtian Wax products

Armadilla Wax Works

Velas Martínez Morales

KCB Candle Company

Soy Witch

ADMIT limited liability company, Sp. k.

Jo Malone London

Durance en Provence

Village Candle

Max Benjamin

Root Candles

True Grace

Ashleigh & Burwood

Candle Shack

PLATA

GALA GROUP

Delsbo Candle

Müller

Spaas Kaarsen

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Candle product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Candle, with price, sales quantity, revenue, and global market share of Candle from 2020 to 2025.

Chapter 3, the Candle competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Candle breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Candle market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Candle.

Chapter 14 and 15, to describe Candle sales channel, distributors, customers, research findings and conclusion.