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Luxury Candle Market To Reach $1,181.9 Million By 2030

Luxury Candle Market Size To Reach $1,181.9 Million By 2030

April 2025 | Report Format: Electronic (PDF)

Luxury Candle Market Growth & Trends

The global luxury candle market size is expected to reach USD 1,181.9 million in 2030 and is projected to grow at a CAGR of 12.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Absence of toxin emissions while burning luxury candles, increasing demand for aromatherapy and spa treatments, rising demand for home fragrances, coupled with high adoption of luxury candles as a means of enhancing the aesthetics and ambiance of home spaces is driving the market growth.

Luxury candles have become more widely used in commercial settings over the past few years. For a calming impact, many spa and massage facilities use candles infused with essential oils. Luxury candles are in high demand as saunas and aromatherapy become more and more popular. Similarly, restaurants and fine dining establishments have been utilizing these goods more frequently to provide their patrons with a stunning and fragrant environment.

The growing disposable income of younger generations and their readiness to invest in home décor are the main factors driving the market for luxury candles. While it is common knowledge that candles are less expensive than bags or shoes, fashion companies are entering the market with astronomical prices. Gucci, for instance, introduced two candle brands with prices beginning at USD 300. Esotericum, XL feline head candle from the clothing brand costs USD 790 at retail.

The increase in self-care is a key element fueling the candle boom. A variety of wellness accessories for the house are frequently offered for sale by players in the wellness industry, particularly lifestyle-wellness hybrids like Goop and Honest. Additionally, Candles are increasingly common in beauty kits and gift sets as the beauty industry uses the concepts of rituals and faith to market products.

COVID-19 played an important role in the increased adoption of candles. In 2020, candles transformed people’s quarantine experiences. Moreover, e-commerce vendors are marketing artistically-designed candles with sculptural shapes and crafting, which has further boosted consumer interest in luxury candles. Although candles are not a seasonal business, regular candle buyers purchase new ones year-round. According to National Candle Association (NCA), around 35% of candle sales happen in the U.S. during Christmas and the holiday season.The non-seasonal candle business is responsible for around 65% of sales. Over 64% of consumers buy scented candles to gift their friends and families for various occasions.

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Luxury Candle Market Report Highlights

Growing consumer interest in home fragrances and self-care rituals is a notable driver for the global candle industry. Candles have evolved from simple lighting sources to integral components of personal wellness routines.
Consumer preferences are closely tied to ambiance creation, relaxation, and home aesthetics, which explains why the living room (42%), kitchen (18%), and bedroom (13%) are the most common spaces for candle usage, as per the National Candle Association.
Luxury scented candles accounted for a market revenue share of 89.7% in 2024. Demand for these is rising due to increasing wellness and self-care trends, with consumers seeking relaxation and ambiance-enhancing products.
Luxury candles with floral fragrances accounted for a market share of 26.8% in 2024. Floral fragrances are popular due to their ability to evoke happiness, relaxation, and calmness while reducing stress and anxiety.
Luxury container candles held a market share of 52.1% in 2024. These candles offer safety and convenience and can enhance ambiance with scent and light.
The luxury candle industry in North America accounted for a revenue share of 30.8% in 2024. driven by evolving consumer preferences and increasing demand from both residential and commercial sectors.