Global Candle Supply, Demand and Key Producers, 2023-2029

Global Candle Supply, Demand and Key Producers, 2023-2029

The global Candle market size is expected to reach $ 8959.1 million by 2029, rising at a market growth of 2.7% CAGR during the forecast period (2023-2029).

Global key players of candle products include Yankee Candle (Newell Brands), Western Alliance, Bancorporation, Bolsius, Universal Candle, Qingdao Kingking Applied Chemistry, Dalian Talent Gift Co.,Ltd., Vollmar, Gies Kerzen and Hyfusin, etc. Top 3 producers are Yankee Candle (Newell Brands), Western Alliance and Bolsius, holding a total share about 15%.

Europe is the largest market by region, with a market share around 40%, followed by North America (28%) and Asia-Pacific (20%).

Petroleum & mineral candle products gain the highest market share by raw materials, making up over 70%.

In terms of application, candle products are mainly used in traditional and craft field, where the latter one holds a share over 90%.

After years of development, the market of candle craft products has become relatively mature, and its overall market sales is not expected to soar. However, there is a tendency that candle products will be accepted as life accessories. Therefore, the industry is going to have a stable development prospect.

A candle is wax with an ignitable wick embedded that provides light, and in some cases, a fragrance. It can also be used to provide heat, or as a method of keeping time.

This report studies the global Candle production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Candle, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Candle that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Candle total production and demand, 2018-2029, (K MT)

Global Candle total production value, 2018-2029, (USD Million)

Global Candle production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Candle consumption by region & country, CAGR, 2018-2029 & (K MT)

U.S. VS China: Candle domestic production, consumption, key domestic manufacturers and share

Global Candle production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)

Global Candle production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Candle production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT).

This reports profiles key players in the global Candle market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yankee Candle (Newell Brands), Western Alliance Bancorporation, Bolsius, Universal Candle, Qingdao Kingking Applied Chemistry, Dalian Talent Gift Co.,Ltd., Vollmar, Gies Kerzen and Hyfusin, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Candle market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Candle Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Candle Market, Segmentation by Type
Petroleum & Mineral
Vegetable
Animal
Synthetic

Global Candle Market, Segmentation by Application
Traditional Field
Craft Field

Companies Profiled:
Yankee Candle (Newell Brands)
Western Alliance Bancorporation
Bolsius
Universal Candle
Qingdao Kingking Applied Chemistry
Dalian Talent Gift Co.,Ltd.
Vollmar
Gies Kerzen
Hyfusin
Empire Candle
Zhongnam
Diptqyue
Dandong Everlight Candle Industry
Allite
Fushun Pingtian Wax products
Armadilla Wax Works

Key Questions Answered

1. How big is the global Candle market?

2. What is the demand of the global Candle market?

3. What is the year over year growth of the global Candle market?

4. What is the production and production value of the global Candle market?

5. Who are the key producers in the global Candle market?

6. What are the growth factors driving the market demand?