Candle Market (Updated Version Available)

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.
Candle industry with distribution is different from other industries, 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 less 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.

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 labor, 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.

In 2015, the global production of candle reaches over 1932 K MT. It is expected to keep about 3.0%-3.7% in next 5 years. the consumption areas of candle are mainly USA and Europe. Europe is the largest consumer in the world, which occupied about 36.35% in 2015.

The price of Candle is lower year by year from 2011 to 2015. The price is at about 2451 USD/MT in 2015. The product profit margin is about 27.55% in 2015, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing. Overall, Candle maintained a high gross margin.

Among all applications, traditional 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 2016 to 2021 in Candle market.



The report offers detailed coverage of Candle industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Candle by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Candle market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Candle market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Blyth
Jarden Corp
Colonial Candle
S. C. Johnson & Son
Chesapeake Bay Candle
Langley/Emprire Candle
Lancaster Colony
Armadilla Wax Works
Dianne's Custom Candles
Bolsius
Gies
Vollmar
Kingking
Talent
Zhong Nam
Pintian Wax
Everlight
Allite
Candle-lite

At the same time, we classify Candle according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Animal
Vegetable
Paraffin
Synthetic
Market by Application
Traditional Field
Craft Field

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Candle market for the forecast period 2021 - 2025?
• What are the driving forces in the Candle market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Candle industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?