India Candle Market Size & Outlook, 2025-2030
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India candle market highlights
- The India candle market generated a revenue of USD 796.1 million in 2024 and is expected to reach USD 1,366.7 million by 2030.
- The India market is expected to grow at a CAGR of 9.6% from 2025 to 2030.
- In terms of segment, votive was the largest revenue generating product in 2024.
- Tapers is the most lucrative product segment registering the fastest growth during the forecast period.
Candle market data book summary
| Market revenue in 2024 | USD 796.1 million |
| Market revenue in 2030 | USD 1,366.7 million |
| Growth rate | 9.6% (CAGR from 2025 to 2030) |
| Largest segment | Votive |
| Fastest growing segment | Tapers |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Votive, Container Candles, Pillars, Tapers |
| Key market players worldwide | Bath & Body Works Inc, The Estee Lauder Companies Inc Class A, Better Homes & Gardens Real Estate Elliott Coastal Living, Bridgewater Candle Company, Colonial Candle, Circle E Candles, Diptyque, Jo Malone London, MALIN+GOETZ, NEST New York, Yankee Candle Company, Contract Candles & Diffusers, Ellis Brooklyn, Trudon |
Other key industry trends
- In terms of revenue, India accounted for 5.7% of the global candle market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China candle market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,366.7 million by 2030.
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Candle Market Scope
Candle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Trudon | View profile | 11-50 | Paris, Ile-de-France, France, Europe | https://trudon.com |
| Ellis Brooklyn | View profile | 10001+ | New Canaan, Connecticut, United States, North America | https://www.ellisbrooklyn.com/ |
| Contract Candles & Diffusers | View profile | 101-250 | Surrey, British Columbia, Canada, North America | https://www.contractcandlesanddiffusers.com/ |
| Yankee Candle Company | View profile | 5001-10000 | Rogers, Arkansas, United States, North America | http://yankeecandle.com |
| NEST New York | View profile | 101-250 | New York, New York, United States, North America | http://www.nestfragrances.com |
| MALIN+GOETZ | View profile | 51-100 | New York, New York, United States, North America | http://malinandgoetz.com |
| Jo Malone London | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.jomalone.com/ |
| Diptyque | View profile | 251-500 | Paris, Ile-de-France, France, Europe | https://www.diptyqueparis.com/ |
| Circle E Candles | View profile | 11-50 | Fredericksburg, Texas, United States, North America | https://www.circleecandles.com |
| Colonial Candle | View profile | 51-100 | Elkin, North Carolina, United States, North America | https://colonialcandle.com |
| Bridgewater Candle Company | View profile | - | Spartanburg, South Carolina, United States, North America | https://bridgewatercandles.com |
| Better Homes & Gardens Real Estate Elliott Coastal Living | View profile | 51-100 | North Myrtle Beach, South Carolina, United States, North America | https://elliottcoastalliving.com/ |
| Bath & Body Works Inc | View profile | 57157 | Three Limited Parkway, Columbus, OH, United States, 43230 | https://www.bbwinc.com |
| The Estee Lauder Companies Inc Class A | View profile | 62000 | 767 Fifth Avenue, New York, NY, United States, 10153 | https://www.elcompanies.com |
India candle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to candle market will help companies and investors design strategic landscapes.
Votive was the largest segment with a revenue share of 29.66% in 2024. Horizon Databook has segmented the India candle market based on votive, container candles, pillars, tapers covering the revenue growth of each sub-segment from 2018 to 2030.
The candle market in India accounted for a significant share in 2022. According to Fitch Solutions, India’s consumer expenditure is expected to grow by 9.1% in 2021, after contracting by 9.3% the previous year, with a recovery forecast in the second half of 2021’s calendar year (July-December).
Rising disposable income is one of the factors that enable people to spend more on decorative and nonessential products like scented candles. During the pandemic, people increased their spending on homes as they spent most of their time indoors.
Homeowners are now emphasizing the importance of making the space both beautiful and functional. Second, the money that would have been spent on vacations, trips, and eating out was instead diverted to domestic expenditures. This trend bodes well for the candle market in India.
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Target buyers of India candle market databook
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Our clientele includes a mix of candle market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India candle market , including forecasts for subscribers. This country databook contains high-level insights into India candle market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India candle market size, by product, 2018-2030 (US$M)
India Candle Market Outlook Share, 2024 & 2030 (US$M)
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