Global Candle Market Growth 2025-2031

Global Candle Market Growth 2025-2031

The global Candle market size is predicted to grow from US$ 6337 million in 2025 to US$ 7371 million in 2031; it is expected to grow at a CAGR of 2.6% from 2025 to 2031.

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.

Global key players of Candle include Yankee Candle, Luminex, Bolsius, Universal Candle, Qingdao Kingking Applied Chemistry, etc. The top five players hold a share about 22%. Europe is the world's largest market for Candle and holds a share about 41%, followed by North America and Asia-Pacific, with share about 26% and 22%, separately. In terms of product type, Petroleum & Mineral Wax is the largest segment, accounting for a share about 75%. In terms of application, Craft Field is the largest field with a share about 94 percent.

LP Information, Inc. (LPI) ' newest research report, the “Candle Industry Forecast” looks at past sales and reviews total world Candle sales in 2024, providing a comprehensive analysis by region and market sector of projected Candle sales for 2025 through 2031. With Candle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Candle industry.

This Insight Report provides a comprehensive analysis of the global Candle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Candle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Candle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Candle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Candle.

This report presents a comprehensive overview, market shares, and growth opportunities of Candle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Petroleum & Mineral
Vegetable
Animal
Synthetic

Segmentation by Application:
Traditional Field
Craft Field

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Yankee Candle
Luminex
Bolsius
Universal Candle
Qingdao Kingking Applied Chemistry
Dalian Talent Gift
Hyfusin
Vollmar
Primacy Industries
Gies Kerzen
Empire Candle
Zhongnam
Diptqyue
Dandong Everlight Candle Industry
Allite
Fushun Pingtian Wax products
Armadilla Wax Works

Key Questions Addressed in this Report

What is the 10-year outlook for the global Candle market?

What factors are driving Candle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Candle market opportunities vary by end market size?

How does Candle break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.