Market revenue in 2022 | USD 4,215.7 million |
Market revenue in 2030 | USD 6,276.0 million |
Growth rate | 5.1% (CAGR from 2022 to 2030) |
Largest segment | Container candles |
Fastest growing segment | Tapers |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 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 |
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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.
Container candles was the largest segment with a revenue share of 25.67% in 2022. Horizon Databook has segmented the North America candle market based on votive, container candles, pillars, tapers covering the revenue growth of each sub-segment from 2017 to 2030.
In North America, the demand for candles increases with the arrival of colder weather. Fragranced candles can help people escape their daily stress and troubles. The self-care trend primarily contributes to this region’s rising demand for candles.
According to glass packaging manufacturer Glassnow in 2021, retailers have been focusing on keeping a consistent supply of seasonal scents to keep sales steady all year round. Spring scents include apple blossom, cherry blossom, lavender, and honeysuckle, while summer fragrances include sea salt and coconut.
The blog post also stated that retailers stock up on pumpkin spice, apple, and cinnamon fragrances in the fall and cinnamon, vanilla, and peppermint fragrances in the winter, particularly during the hectic Christmas season. Such trends continue to spur the demand for candles in North America.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America candle market , including forecasts for subscribers. This continent databook contains high-level insights into North America candle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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