Market Overview

The candle industry is evolving due to changing consumer preferences, increasing awareness of wellness, and rising demand for home décor products.

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Market Size

Year Market Size (US$ Billion)

2024 10.56

2033 18.08

Market Segmentation

By Wax Type

Palm Wax

Soy Wax

Bees Wax

Paraffin

Others

By Category

Economical

Luxury

By Product

Votive

Container Candle

Pillars

Tapers

Others

By Distribution Channel

Online Retail

Specialty Stores

Supermarkets & Hypermarkets

Departmental Stores

Institutional Sales

Key Players

Portmeirion Group PLC

Newell Brands Inc.

Estée Lauder Companies Inc.

Lalique Group SA

Bath & Body Works, Inc.

MVP Group International, Inc.

Diptyque Paris

NEST New York

Thymes, LLC

Village Candle

Regional Analysis

The North American and European markets dominate the candle industry, while Asia-Pacific is emerging as a high-growth region.

Conclusion

The global candle market is set for steady growth due to increasing demand for wellness products, home décor trends, and sustainable candle options.