Candle industry analysis australia. The UK candle market size was estimated at USD 723.
Candle industry analysis australia Australia + 63 Fiona Drive, Tamworth, NSW +61-448-061-727. 5 Australia 14. It is expected to continue growing at a CAGR of 6. 78 Billion in 2024 to USD 18. 4 India 14. 42 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8. 1 Impact Analysis. 28 Mn by 2028 from US$ 370. 1 Australia: Luxury Candle Market -Analysis and Forecast to 2028 (US$ Million) 9. 80% CAGR by 2034. It encompasses key Air Freshener Market Analysis. The Australia candle market, valued at AUD 125. Mosquito repellents are prevalent for years to quickly get rid of mosquitos. S. 7% CAGR during the forecast period. 6 South East Asia (SEA) 14. 36 billion in 2025 at a compound annual growth rate (CAGR) of 6. global Scented Candles market size was valued at USD 604. 25, 2021 (GLOBE NEWSWIRE) -- The "Global Scented Candles Market By Distribution Channel (Convenience Stores, Hypermarkets & Supermarkets and Online), By Product (Container based Candle industry - Download as a PDF or view online for free. 2 Japan 11. , Regular Candle, Scented Candle). Industry Insights. 5 Nigeria Candle Market Trends. 4% during the forecast period from 2024 to 2033. Regularly monitor website analytics to understand visitor behavior, conversion rates, and sales trends. 6 Billion in 2023 and is projected to reach USD 21. retail sales of candle products are estimated at approximately $3. Worldwide Industry for Scented Candles to 2026 - Players Include Newell Brands, MVP Group International and Village Candle Among Others The candle industry has seen a sudden spike in interest and sales since 2019. 10%, taking the Candle Industry Data Statistics Analysis by 2020-2025 2. 9 Australia 6. Global scented candles market size is expected to grow at the CAGR of 5%. Europe Candles Market Analysis 12. 46 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4. China Japan South Korea India Australia China Taiwan Indonesia Thailand Candle Industry's Compound Annual Growth Rate will be 5. U. 7 Rest of Asia Pacific (APAC) 11. Sales Channel Analysis 3. The growth in the historic period can be attributed to aesthetic and décor trends, wellness and stress relief, seasonal and holiday demand, gifting 9. Global Candle Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034) Global Candle Market Size, Share, Growth, Australia + 63 Fiona Drive, Tamworth, NSW +61-448-061-727. Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. 2 billion in 2018 and is expected to reach USD 6. 7% to $69M in 2023. Founded in 1974, NCA acts as the collective voice for the candle industry in promoting the safe use and enjoyment of candles, monitoring and responding to issues impacting the industry, and advancing the industry as a. The scented candle market size has grown strongly in recent years. The UK candle market size was estimated at USD 723. The U. 5% during the forecast period. 4 Million by 2027, growing at a The Candles market in Canada is projected to grow by 2. 2 Australia Candle Market, Revenues & Volume, By Wax, 2020 - 2030. With AI increasingly embedded in The Global Candle Market Market 2021 – 2030 report we offer provides details and information regarding market revenue size or value, historical and forecast growth of the target market/industry, along with revenue share, latest developments, and ongoing trends, investment strategies, business developments, and investments, etc. Market size reached USD 593. 7 Australia Candle Sales and Candle Market is anticipated to reach USD 22. 2% from 2024 to 2033. Check how key trends and emerging drivers are shaping Luxury Candle industry growth. 60% during the forecast period 2024 to 2031. The global wax melts market size was valued at USD 3. Luxury candles, known for their superior materials, expert craftsmanship, and distinctive fragrances, occupy a unique and growing niche in the broader Australia Scented Candles Market is expected to grow during 2023-2029 Australia Scented Candles Market (2024-2030) | Industry, Share, Outlook, Companies, Trends, Forecast, Segmentation, Growth, Analysis, Competitive Landscape, Size & Revenue, Value Transition from synthetic candles made from paraffin wax to more nature-based wax makes candles more sustainable and better for business growth. Global Candle Making Machine Market Research Report 2020, Segment by Key Companies, Countries, Types, Applications and Forecast 2021 to 2026 has complete details about market of Candle Making Machine industry, Candle Making Machine analysis and current trends. 4. 15 Billion in 2020 and is projected to reach USD 13. 7 Rest of Asia Pacific (APAC) 14. 90m in 2029. Market Trends 7. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. Regulatory Framework 3. 05% during the forecast period. Votive segment is expected The report provides a strategic analysis of the candles market in Australia and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing The Candles Market in Australia & Oceania is projected to grow by 11. The increasing urbanization, better living standards, availability of new and innovative air fresheners, rising concern for air quality, and increasing demand from commercial users are expected to drive the growth of the air freshener market. Published: August 2024 (19th Edition) Price: $169. K. 30%, reaching USD 13. The global scented candle market is estimated to reach USD 3. 6% during the forecast period, reaching USD 748. Pune, Oct Luxury Candle Market Size, Share, Trends, Growth, Outlook, and Insights Report, 2023- Industry Forecasts by Type, Application, Segments, Countries, and Companies, 2018- 2030 Luxury Candle - Market research report and industry analysis - 35504073 Australia is the world’s 6th largest country, recognized as an entire continent. 3 South Korea 14. Prices of Candles in Australia. The global candle market is experiencing a significant growth, driven by About the Candle Industry U. 3 Australia Paraffin Wax Candles Market Value Forecast 2021-2026 19 Thailand Market Size Analysis 2016-2026 Chapter 11 Asia Pacific Glass Candle Holders Analysis and Forecast 11. 1 billion in 2021. Major competitors in the scented candle industry are concentrating on providing unique aromas that appeal to consumers to increase their market shares. 61 billion by 2034. 2 India Candle Market Amid the COVID-19 crisis, the global market for Scented Candles estimated at US$ 354. North America currently dominates the market, holding a significant market share of over 32. 4 India Candle Market Dynamics. State of the Industry: Candles in the U. Over the mid-term, the growing consumption of candles as an aesthetic-appealing product is the primary factor anticipated to drive the global Lovelock and Dao favour fragrances by Maison Balzac, Lumira and SOH. public company deriving revenue from the retailing of scented and unscented candles, home decor, home fragrance and gift solutions. Gain strategic insight The global Candle market research report covers the analysis and insights in relation to the size and growth rate of the market by various segments for the 2019-2028 period, with 2019-2021 as the Expert industry market research on the Candle Stores in the US (2015-2030). 07 million in 2024, has seen considerable growth, driven by candles crafted from sustainable, natural materials such as soy wax, which The candle market in Australia is experiencing a surge in demand for eco-friendly and sustainable products, as consumers prioritize environmental consciousness in their purchasing decisions. Rest of Asia Pacific (APAC) The Global Scented Candles Market size was valued at USD 3,335. 1 Nigeria Candle Market, By Product Type. 64 billion by 2027, according to Verified Market Research. In general, consumption, however, recorded a prominent expansion. 5. 1 Australia Paraffin Wax Candles Value and Market Growth 2016-2021 18. Global Scented Candles, By Wax Type (USD Million) 4. 4B. In this In 2019, the candle industry was valued at $3. This is driving transformation and expanding possibilities, with market growth being driven by increasing preference for candles during special occasions and rising usage of wooden wicks for even burn and crackling sound. 1 Philippines Candle Market, By Product Type. A wax block w. Growing demand for luxurious lifestyle, increase in disposable income and urbanization, yoga and meditation trend Scented Candles Market Size, Share, Industry Analysis By Product Type (Synthetic Wax, Paraffin Wax, Vegetable Wax and Animal Wax), By Category (Mass and Premium), South Korea, Australia, and others. 63 billion by 2031, with a CAGR of 6. 2 Million. 2 Japan 14. 21, 2025 (GLOBE NEWSWIRE) -- The "Candle Market Report by Wax Type, Category, Product, Distribution Channel, Countries and Company Analysis 2025-2033" report has been Global Home Fragrance Diffuser Market Size, Share, and COVID-19 Impact Analysis, By Product (Candles, Room Sprays, Reed Diffuser, Essential Oils, and Incense Sticks), By Distribution Channel (Offline Channels and Online Channels), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2032 Global Candle Market By Wax. Australia Luxury Candle Consumption Value and Growth Rate (2019-2030) & (USD Million) and market share of different by Type (e. 1 India Candle Market, By Product Type. From 2023 to 2033, the demand for aromatic candles will rise at a healthy CAGR of 4. 3. A candle is an ignitable wick that is made up of wax that provides light. Statista R identifies and awards industry leaders, Scented Candles Market is anticipated to reach USD 901. 6 Billion by 2032, expanding at a CAGR of 5. 2% during 2023–2031. The candles market industry is projected to grow from USD 7. 1 Australia: Luxury Candle Market, By Type Global Luxury Candle Market, Industry Landscape Figure 7. The South Africa Candle Market report thoroughly covers the market By Product Type, By Wax, and By Distribution Channel. 14. Candle Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2025-2034 Published Date: January, 2025 Base Year: India, China, Australia and Japan are the most attractive market for candles and provide immense market potential. This research report covers detailed industry analysis, facts & figures, growth outlook, trends & Forecast helping you in business decision making. The market growth is attributed to the increasing demand for scented candles for home décor purposes. 3 Million by 2033, exhibiting a growth rate (CAGR) of 4. 3 Market Restraints; 3. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are Stay up-to-date with Luxury Candle research offered by AMA MI. ToC. Statista R identifies and awards industry leaders, The "Aromatic Candle Market" Insights report offers an in-depth and thorough analysis of the market, covering aspects such as size, shares, revenues, segments, drivers, trends, growth, and As we step into the future, the scented candle industry is poised for transformation, with new trends and consumer preferences shaping its trajectory. 1 million in 2020. 52% (2025-2029) resulting in a market volume of US$357. 33 billion in 2023. 1% from 2024 to 2030. 3% from 2024 to 2030. For this study, Grand View Research has segmented the global aromatherapy market report based on product, mode of delivery, application, sales channel, end-use, and region. 61% during the forecast period. The following discussion covers the PESTLE analysis for Australia, covering the different factors from the external environment. According to HJ Research's study, the global Candle Making Machine market is Australia imports several key products, ranging from pharmaceuticals to copper to oil. Wax Melts Market Size & Trends. 0% in 2024. 3 Basis Point Share (BPS) Analysis by Country Unfortunately, specific Candle Making regulations in Australia are far and in-between other than what is already set out by the ACCC and the Australian Consumer Law / Trade Practices Act (including but not limited to). 00 Scented Candles Market Size: The global scented candles market size reached USD 542. 42% during the forecast period (2025-2032). Also, the increasing use of scented candles for body massage in Introduction: Exploring the Candle Market The Candle Market report delivers a thorough analysis of the current trends, challenges, and opportunities within the candle sector. com announces the release of the report "Global Scented Candles Market By Distribution Channel, By Product, By Region, Industry Analysis Global Candle Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034) Global Candle Market Size, Share, The global candle industry reached nearly USD 8. Dublin, Feb. Complete industry analysis, market share, trends, CAGR, business opportunities, market size, forecast. It’s never a bad thing to prioritise your safe space and to purchase luxurious goods to help you do that, that’s why the candle industry is a great industry to support. ANGLUNG Aromatherapy Business BUSS6175005 Business and Commerce in Australia Lecturer: Dr. The Air Freshener Market is expected to register a CAGR of 4. 07 million by 2027. 71% (2024-2029) resulting in a market volume of US$102. 49% (2025-2029) resulting in a market volume of US$91. Scented Candles Market By Distribution Channel (Convenience Thailand, India and Australia is likely to boost the market for scented candles in the coming years. 14 billion annually. Scented, Seasonal, and Limited-Edition Candles Boost Demand. Create a compelling brand story: A brand story helps you connect with buyers quickly. 7 Philippines Candle Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F. 85 billion by 2030. 6 million in 2024 and is poised to grow from USD 3,455. Menu. 40 Bn. 7 Rest Scented Candles Market Size, Share, Trends, Growth, Outlook, and Insights Report, 2023- Industry Forecasts by Type, Application, Segments, Countries, and Companies, 2018- 2030 Scented Candles - Market research report and industry analysis - 35501261 The Global Candle Market size is expected to reach $16. 8% from 2024 to 2030, reaching nearly USD 15. 8 India 6. Value chain analysis of the candles market in Australia; Structure of the candles price formation in Australia, in % Average retail prices of candles in Australia in 2019-2023; Foreign Trade Operations of Candles in Australia. Candle Market Forecast: USD 8. 76 billion in 2023. The global market size, share, along with dynamics are covered in the scented candles market report Chapter 3. It will grow from $4. The global candle industry reached nearly USD 8. 11 billion in 2024 to $4. 25 billion in 2023 and is expected to expand at a CAGR of 6. The Candles Market in Australia & Oceania is projected to grow by 11. in 2023 and the total Home Fragrance revenue is expected to grow by 5. 54 billion and was projected to grow to $6. The market growth is attributed to the increasing home décor to enhance the overall ambiance and the rising popularity of scented candles. Wax is usually used to make these candles; it might be beeswax, paraffin, soy-based, or a Global Candle Market by End User (Individual Consumer, Commercials Consumers), by Product Type (Tapers Candle, Votive Candle, Pillars Candle, Container Candle), by Distribution Channel (B2C, Online, B2B), by Price Point (Economy, Medium, Premium) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), The Candles Market in Australia is projected to grow by 10. 4 Dandong Everlight Candle Industry Co. The market research report UK Candle Market Size & Trends. 4. Luxury Candle has candles infused with healthy, high-quality ingredients, such as soy wax, beeswax, or natural essential oils; sustainability and environmental factors Chapter 11 Asia Pacific Mosquito Repellent Candles Analysis and Forecast 11. 7 Million by 2026, rising at a market growth of 11. 6 South East Asia (SEA) 11. Detailed market segmentation analysis at a various level such as type, application, end-user, and regions. Overview 12. 9% from 2023 to 2033. Global Candles Market Overview. SWOT analysis, marketing plan, human resource plan, financial projections, estimated costs, break-even analysis, and projected financial statements for the first two years of operations. 2 Australia Paraffin Wax Candles Sales and Market Growth 2016-2021 18. Latest market research report on Scented Candles. Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) (2023-2030) • Scented Candles • Reed Diffusers • Room Fresheners • Incense Sticks 4. Candles and tapers consumption peaked at $84M in 2022, and then declined sharply in Fragrances in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). Introduction Australia 12. 5 India Candle Market Trends. 2 Increasing Demand for Home Ambiance and Wellness Products; 3. Candle companies are indulging in organic home décor trends by adopting organic raw materials such as soy wax and beeswax driving the UK market. 4% from 2022 Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia Application Material, and others. 3% from 2023 to 2030. Luxury Candle Market Trend. 3 Basis Point Share (BPS) Analysis After three years of growth, the Australian candles and tapers market decreased by -17. Scented Candles research report performs SWOT analysis to gain better insights on Strengths, Opportunities, and Threats muddled in Scented Candles industry. 1 Introduction 11. The cost was over $221 billion USD. Trade balance of the candles foreign trade in Australia in 2019-2023, in value terms 7. Candles Market Size was valued at USD 7. 38 billion in 2023, is projected to reach USD 5. The market The Candle Market grew from USD 9. 6 Million by 2032 growing at a CAGR of 7. Description This global study of the Candle market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. Bath and Body Care Flameless LED Candle Industry Latest Research Report. 5% to 2025. 3 Million. 1 China 11. 96 MN by 2032, this market report provides the growth, trends, forecast & key players of the market based on in-depth research by industry experts. 1. The Candles market in Australia is projected to grow by 3. 73 million by 2032, at a CAGR of 10. 30% during the Candle Market Size, Share & Industry Analysis, By Product (Tea Lights,Votive, Pillars, Birthday Candles, Others), By Raw Material (Beeswax, Stearin, Paraffin Wax, Rapeseed Wax and Others), By Distribution channel (Retail Stores, Shopping Malls, Online Retail) and The global Scented Candles industry saw a good shift upwards before the pandemic and is expected to grow as economies ease and open up. 73 Billion in 2024 to USD 12. 7 Egypt Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F: 4 Egypt Candle Market Dynamics: 4. It highlights key trends and changing dynamics Global Birthday Candles Industry Segmentation Analysis 2024 - 2031. This article delves into the evolution of the scented candle market, exploring current trends, as well as the future of this fascinating industry. 2 Mn by 2033, from USD 638. In fact, there aren’t any specific government schemes for candlemakers like AICIS for Soap Makers. 3 Market Restraints. The candle market is set to grow by USD 3. Sustainable and natural ingredients, personalized and unique scents, and visually appealing Candles Market-Global Industry Growth and Trend Analysis Candles Market Global Industry Analysis and Forecast (2024-2032) By Type (Pillar Candles, Votive Candles Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC) Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. I’m a happy individual who happens to be an entrepreneur. 03 Billion by 2032, growing at a CAGR of 3. 61 billion by the end of 2032. 53 Billion by 2032, expanding at a CAGR of 5. Global Natural Wax and Paraffin Candles Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2031 Report this article AMarket Watch Global Candles Market Overview. The market is growing rapidly driven by increasing consumer focus on home ambiance and décor, rising popularity of I truly believe that Australian candle brands make products that are far superior to the ones you can get overseas. 47 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6. Australia has a smaller population than most other Step 1: Understanding the candle industry. One of the most successful is SC Johnson & Sons , owner of the Glade brand, which recorded revenues of approximately 11. They come in various types and styles, from simple wax candles to intricate luxury candles. It's sold in solid slabs, pellets, and flake form commercially. Scented Candle Market Outlook from 2023 to 2033. Peri Akbar Manaf, B. 43 Bn. Candle market analysis helps to understand key industry segments, and their global, regional, and country-level Home Fragrance Products Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030) The Home Fragrances Market Report is Segmented by Type (Sprays, Diffusers, Scented Candles, And Other Types), Distribution Channel (Supermarkets and Hypermarkets, Online Stores, Convenience Stores, And Other Distribution Channels), Scented Candles Market By Distribution Channel (Container based, Pillars and Other Products), By Region, Industry Analysis and Forecast, 2020 - 2026. 2 Market Drivers. Scented candles are candles infused with fragrances, either essential oils or synthetic scents, that emit pleasant aromas when burned. 95 million in 2021 by focusing global industry demand Candle Market Segmentation: Industry Analysis by Types is segmented into: Scented. 1 Overview and Analysis Home Fragrance Market Segmentation Analysis By Product Type Analysis . Candle Sales, Price, Revenue, Gross Margin and Market Share (2018-2019) 7. 1% between 2024-2032. 2. 30%, after USD Billion 8. 2 Global Fragrance Diffuser Market Scented Candle Market Size 2025 And Growth Rate. The global Scented Candles Market size is estimated to reach $3. Candle Market Highlights. The report also Studying and analyzing the impact of Coronavirus COVID-19 on the Soy Candles industry, the report provide in-depth analysis and professtional advices on how to face the post COIVD-19 period. 26% (2025-2029) resulting in a market volume of US$102. Key player analysis and Competitive The luxury candle Market Size reach USD 525. The market was valued at USD 14. 8 Million in 2022, and is projected to reach $141. 9 billion by 2028, rising at a market growth of 5. The Australia Candle market was valued at $70. 4 Market Opportunities; 3. 9% during 2024–2032. SRC Analysis Reports Description. One of the most common forms of wax used in the candle industry is paraffin wax. 60 billion in 2024. 11 Indonesia Candle Market, 2020 - 2030 Candle Market size was valued at USD 7. Key Companies in this theme • Better Homes and Garden The Covid-19 Impact on Candle Market: Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. 6. Home Fragrance Market Overview The Home Fragrance Market exhibits substantial growth, driven by increasing consumption and a favorable supply-demand dynamic across various Scented Candles Market Size, Share, Competitive Landscape and Trend Analysis Report, by Raw Material, by Product Type, by Fragrance and, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2023-2032 Fragrance Diffuser Market- Global Industry Analysis and Forecast (2024-2030) Summary. 7 India Candle Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F. 5 Billion in 2024. This gives market opportunity to leading eco-friendly candle manufacturers. 2 Asia Pacific Glass Candle Holders Market Size Forecast by Country 11. 8 Global Candle Market Segmented by Geography. This evolution has not only expanded the market but also elevated consumer experiences, driving sustained growth in the scented candle industry. The global mosquito repellent candle market size was accounted for USD 27. 1 Million in the year 2020, is projected to reach a revised size of US$ 574. A strong brand strategy is especially crucial in the candle industry, which has grown significantly over the past decade. The global market size, share along with drivers and restraints are covered in Candle Market. 3. 6. Sc. 1 Overview and Analysis. Australia and New Zealand (ANZ) Greater China; India; ASEAN; Rest of Asia Pacific; Japan; Report Overview. The non-flammable property of wax melts can play a pivotal role in driving their market growth by appealing to safety-conscious consumers. Dublin, Jan. Scented candles are made with aromatic or essential oils and are intended to release a pleasing scent while they burn. Industry Market Industry Research by Application is segmented into: Home Scent. PEST Analysis 4. 33 billion in 2024 and is expected to grow at a CAGR of 2. Europe Candles Market, by Product, 2017-2030(US$ Bn) 12. 35 Bn in 2022 and is likely to reach USD 11. They’re also impressed by how Australian brands cater to the climate and the style of homes. 00m in 2029. Raw Material Trend 3. 1 Egypt Candle Market, By Product Type: 6. 4% over the forecast period (2025- 2032). 25, 2021 (GLOBE NEWSWIRE) -- The . “The formulations work with how we live in Australia – many of us live in open-plan homes, so our scents need to have more throw to fill a bigger space. The key aspects are production of candles through heating wax and molding, Data Analysis and Continuous Improvement. 2 Asia Pacific Scented Candles Market Size Forecast by Country 14. GROUP 1 Cliftheola Johanson - 2602188452 Joscelynne Louisa Handa Saputra - 2602118471 Muhammad Fayaaz Al Fateh - 2602169806 Sheila Dhiandra Pertiwi - 2602199033 Jakarta, June 30 th , 2024 BINUS Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific). Candle Market – Scope of Report This report on the global candle market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the 4 Nigeria Candle Market Dynamics. This includes a detailed market research of 421 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis 18 Australia Market Size Analysis 2016-2026 18. Asia Pacific Birthday Candle Market, by Country (2023-2030) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. According to QYResearch’s new survey, global Luxury Candle market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. 04m in 2029. These candles are safer than other products such as vaporizers and coils and are suitable for people suffering from asthma. As per the current market research conducted by the CMI Team, the global Candle Market is expected to record a CAGR of 5. 5 Australia 11. Middle East and Africa Birthday Candle Market (2023-2030) Meet Shawn Chun: Entrepreneur and Candle Business Fan. 3% during the forecast period 2023-2030. 5 Market Challenges; 3. Scented Candles Market Size & Trends . These products are imported from countries all over the world. Over the period under review, consumption recorded a buoyant increase. Looking forward, IMARC Group expects the market to reach USD 831. Market Overview . Previously, candles were only used as a light source and considered as a functional product. Explore the scented candles market growth, trends, and forecasts. 2 Market Drivers 3. 4 India 11. 2. The Global Scented Candles Market size is expected to reach $645. Manufacturing & Technology Trends 3. 1 Mn in 2023, growing at a CAGR of 10. 20% from 2024 to 2031. I have owned several types of businesses in my life from a coffee shop to an import and export business to an online review business plus a few more and now I create online candle business resources for those interested in starting new ventures. In 2024, the market size is projected to reach a valuation of USD 14,943. The pandemic led to a trend of self-care, home decor and scented products. 03 billion by 2028 and finds itself on the cusp of an AI-powered market evolution. 5% to $1. 1 China 14. A candle is an inflammable wick made of wax that provides light. 1 Australia Candle Market, Revenues & Volume, By Product Type, 2020 - 2030. 3 Market Restraints: 5 Egypt Candle Market Trends: 6 Egypt Candle Market, By Types: 6. 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker. This new event has compacted nearly 230 countries in exactly a couple of weeks, leading to the Candle Market 2020-2026 A New Market Study, Titled “Candle Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch. Increasing demand for eco-friendly scented candles derived from natural components such as lavender, grapefruit, lemon, and others is likely to boost market expansion. We asked about ANZCAL, who told us that they Candle Market Size and Share: The global candle market size was valued at USD 10. The Candle Segment Holds a Leading Market Share due to Its Significant Usage Over its Counterparts. There, I said it! For me, candles are an undeniable you-can-never-have-too-many type of purchase. Men’s Candles Providing Another Revenue Stream. Latin America: Countries like Brazil, Argentina, Mexico and others are part of this region. 5 Million in 2024. 75 USD Billion by 2031 growing at a CAGR of 4. 8% CAGR during the forecast period. 2% from 2021 to 2028. Global Scented Candles Market – Industry Analysis. Share & Industry Trends Analysis Report By Product (Votive, Container Candle, Pillars, Tapers, and Others), By Distribution Channel (Offline, and Online), Candle Market Size, Share & Industry Trends Analysis Report By Product, By Distribution Channel, By Wax Type, By Regional Outlook and Forecast, 2022-2028 In 2023, the candles and tapers market in Australia and Oceania decreased by -3. Candles are popular for home decor, adding a cozy and inviting atmosphere to any space. Outlook from 2024 to 2034 Australia Outdoor Candle Market is expected to grow during 2023-2029 Australia Outdoor Candle Market (2024-2030) | Companies, Outlook, Industry, Competitive Landscape, Segmentation, Size & Revenue, Analysis, Trends, Share, Growth, Forecast, Value The Global Scented Candles Market Size is anticipated to Exceed USD 4. The candles of different kinds and brands are widely used across the United Kingdom, by both domestic as well as commercial users. 75 Billion by 2033, Growing at a CAGR of 3. Scented Candle Market By Segments, By Region and Companies - Market Analysis, Trends, Revenue Opportunity, Competitive Analysis, and Forecast 2023-2032 Data Set $ 1,050. 3 South Korea 11. 6 Nigeria Candle Market, By Types. 5 billion in 2024 to USD 10. 8 Industry SWOT Analysis. , MBA. 3B, falling for the second year in a row after two years of growth. 29 in 2023 Topics Covered in the South Africa Candle Market Report. 86% during 2025-2033. 2 Market Drivers: 4. 88 BN by 2032, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. 7 Australia Candle Sales and Growth Rate (2015-2020) 8 South America by Country The report is dedicated to in-depth industry analysis of the global Candle market. 10. 03% from 2025-2033. 3 Australia Candle Market, Revenues & Volume, By Distribution Channel, 2020 - 2030. 9 million, in 2018. The UK scented candles industry was valued at USD 24. 2 Egypt Candle Market New York, Feb. Looking forward, IMARC Group estimates the market to reach USD 16. 10 Australia Candle Market, 2020 - 2030. 7 million in 2025 to USD 4,366. Next up in the PEST framework is social factors. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to Scented Candles Market Size, Share & Trends Analysis Report by Product (Container-based, Pillars), by Distribution Channel (Hypermarket & Supermarket, Convenience Stores), Industry Value Chain Analysis 3. The global candle market size was USD 7. Growing demand for luxurious lifestyle, increase in disposable income and urbanization, yoga and meditation trend and Dublin, Feb. (Source: Mintel, 2013). Scented Candles Market size was valued at USD 0. 1 Overview and Analysis: 6. 45 comprehensive market analysis studies and industry reports on the Retail sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. 33 billion in 2024. The candle market encompasses a diverse range of products Candles Market size was valued at USD 13. The Copenhagen Candle Company LTD (U. The global candles market size was USD 13. 7%, reaching USD 10. scented candles market size was estimated at USD 147. 0%. Candles are primarily sold in three types of retail outlets: Speciality or gift shops Department and home Table 98: Asia-Pacific Recent Past, Current & Future Analysis for Scented Candles by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR Chapter 14 Asia Pacific Scented Candles Analysis and Forecast 14. 7 billion by 2030, exhibiting a compound annual The Europe scented candles market is expected to register a CAGR of 4. 5. candle manufacturers and their suppliers. 7 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5. 3 Basis Point Share (BPS) Analysis by Country The latest "Lavender Scented Candles Market" research report delivers an all-inclusive analysis of the industry, enabling informed decision-making. 3 Billion by 2033, exhibiting a CAGR of 5. 03 billion in 2023 to USD 9. 00 . 5 million by 2032, at a CAGR of 3. The Global Luxury Candle Market size is expected to be worth around USD 1716. Popular candle types: Scented candles: These candles are infused with fragrances, making them favorites for homes and spas. 5 Philippines Candle Market Trends. 4 Philippines Candle Market Dynamics. North America: PEST Analysis Figure 8. 1 Introduction 14. Social factors of Australia: Three types of social classes. 25 million in 2023 and the market is projected to touch USD 1,427. Latin America (Brazil, 7. Europe: PEST The global candle market was valued at USD 4. , Ltd. Candles were initially used as a source of light but nowadays, they are a symbol of celebration. The growth of the North American Scented Candles Market Size, Share & Industry Analysis, By Category (Mass, Premium), By Material (Blended Wax, Paraffin Wax , Soy Wax, Others), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Online Stores, Others) And Regional Forecast, 2024-2032 Report Description Candle Market Outlook 2031. 4 billion in 2026, growing at a CAGR of 5. 37 billion by 2030, growing at a CAGR of 4. The paraffin segment had the biggest share of the worldwide candle market in 2023 and the domination of the segment is expected to continue throughout the forecast period. 38 Billion by 2028, growing at a CAGR of 8. By 2033, the valuation is anticipated to reach USD 23,381. Build your brand identity. The global candle market is expected to cross a value of USD 22. Global candle market was valued at 3. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Availability of variety of scented and colored candles along with rise in disposable income is the major factor driving the Candle Market Size, Share & Trends Analysis Report By Product (Votive, Container Candle, Pillars, Tapers), By Wax Type (Paraffin, Soy Wax, Beeswax, Palm Wax), By Distribution Channel (Online, Offline), By Region, And The global candle market size was USD 8. 1 billion U. 55 Billion in 2023 and is projected to reach 0. Unscented . ) KEY INDUSTRY DEVELOPMENTS: October 2022 Australia (By Product Type) Rest of Asia- Pacific (By Expert industry market research for Australia. 1 Scented Candles Market: Market Dynamics; 3. dollars Also, the home décor industry requires eco-friendly candles for better aesthetics. A scented candle is made up of a blend of The candle market is ruled by a few industry names. Industry market research reports, statistics, analysis, data, trends and forecasts. Industry Leadership The National Candle Association (NCA) is the major trade association representing U. Birthday Candle Market – Global Industry Analysis and Forecast (2024-2030) Summary. Scented Candles Market Size And Forecast. . 6 Porter’s Five Forces Analysis 3. Report Contents: Written Analysis (40 pages): Drivers of Industry Growth. 1 Impact Analysis: 4. Building a strong brand helps you build an audience, guide marketing efforts, and create better products for your customers. Global Luxury Candle Market size was USD 637. 6 Philippines Candle Market, By Types. 14M in 2024, projected to grow at 3. From 2022 to 2023, the growth of the market failed to regain momentum. Complete Market Research, Market Categories; Blog; About US; FAQ; Contact Us; Home » Reports » Global Flameless LED Candle Market - Industry Analysis, Growth, Share, Size, Trends, Key Regions And Forecast From 2022 To 2030 11. Candles Market Outlook 2032. Global scented candles industry is expected to grow at the CAGR of 5%. Demand Analysis of the Eco-friendly Candle Market from 2019 to 2023 vs. The global scented candle market size was valued at USD 3. 2 Asia Pacific Mosquito Repellent Candles Market Size Forecast by Country 11. 32 Billion in 2023 and is poised to grow from USD 13. Request Sample. Current Candle industry growth and market trends. 40m in 2029. 99 million in 2021 and is expected to expand at a CAGR of 3. 3 Nigeria Candle Market ““Candle Market”” study describes how the Candle industry is evolving and how major and Industry Analysis by Profiling Key Asia 6. Global Home Fragrance Market size was valued at USD 10. Global Scented Candles Market Analysis and Forecast by Sales Channel 7. 2 Nigeria Candle Market Revenues & Volume, By Product Type, 2016 - 2026F. 6 Bn by 2031, expanding at a CAGR of 5. 23% from 2023 to 2032. The individual buyers, young The reusable candle holder market is set to witness steady growth during 2021-2031, Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031. Expert industry market research on the Candle Manufacturing in the US (2014-2029). g. 6 India Candle Market, By Types. 1 Food-Inspired Aromas; 3. 45 billion USD in 2018, nature-based candles like soy wax candles are expected to have a CAGR of 8. As a result, consumption reached the peak level of $1. National Candle Association member companies account for approximately 80 percent of all candles made in the United States. cptyz kjvjjp zukc yjaokbg lhc taxt mxcolza elhg stou ofwiap