1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Candle Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for candles for decoration purposes and the rising popularity of DIY candle-making
5.1.1.2. The growing popularity of candle massage as a popular therapy for relaxation purposes
5.1.2. Restraints
5.1.2.1. Fluctuating prices of raw materials and concerns pertaining to exposure to harmful chemicals
5.1.3. Opportunities
5.1.3.1. Rising popularity of environment-friendly and organic candles
5.1.3.2. Introduction of innovative and scented candles on eCommerce platforms
5.1.4. Challenges
5.1.4.1. Compliance issues in candle production and rising adoption of flameless candles
5.2. Market Segmentation Analysis
5.2.1. Raw Material: Proliferating use of rapeseed wax as an eco-friendly alternative
5.2.2. Product: Increasing adoption of container candles owing to its versatility and convenience of use
5.2.3. Distribution: Evolving online distribution channel for candles
5.2.4. End-User: Proliferating utilization of candles by individual consumers for personal use or gifting purposes
5.3. Market Trend Analysis
5.3.1. Potential production capabilities and well-established standards have enhanced the candle market scope in the American region.
5.3.2. Easy availability on eCommerce platform and emerging startups to elevate candle production in the APAC region
5.3.3. Development of innovative and premium candles and significant export in the EMEA region
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
5.10.1. Pricing Analysis and Trends
6. Candle Market, by Raw Material
6.1. Introduction
6.2. Beeswax
6.3. Palm Wax
6.4. Paraffin Wax
6.5. Rapeseed Wax
6.6. Soy Wax
6.7. Stearin
7. Candle Market, by Product
7.1. Introduction
7.2. Container Candle
7.3. Pillars
7.4. Tapers
7.5. Votive
8. Candle Market, by Distribution
8.1. Introduction
8.2. Offline
8.3. Online
9. Candle Market, by End-User
9.1. Introduction
9.2. Commercial
9.3. Individual
10. Americas Candle Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Candle Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Candle Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. Merger & Acquisition
13.3.1.1. Curio Brands Acquires Candle Maker Otherland
13.3.1.2. Phoenix Flavors and Fragrances Completed the Acquisition of Innovative Fragrances
13.3.1.3. Global Consumer Acquisition Corp. Acquired Two Candle Companies
13.3.2. Agreement, Collaboration, & Partnership
13.3.2.1. Yankee Candle Partners with Vera Bradley to Launch New Limited-Edition Collection
13.3.2.2. Sydney Brands Maison Balzac and Nonna’s Grocer Collaborated on a Truly Grape New Candle
13.3.2.3. Trudon and Master Tseng Collaborated on Scented Candles
13.3.2.4. Perfumer Lyn Harris Created Scented Candles Based on 17th-Century Paintings in Collaboration With Sotheby’s
13.3.2.5. Woodhouse Spa and APOTHEKE Collaborated to Launch Spa Candle Collection
13.3.2.6. The WoodWick Candle Brand Announced Partnership with Reforestation Nonprofit, One Tree Planted
13.3.2.7. Lamborghini partnered with Culti Milano to develop square-shaped scented candles
13.3.3. New Product Launch & Enhancement
13.3.3.1. Tara Candle Launched Gulkand Ki Jalebi, a New Fragrance Inspired by Traditional Indian Sweet
13.3.3.2. WoodWick Candles introduced consciously created candle line, ReNew Collection
13.3.3.3. Tara Candles Launched New Collection of Candles in Celebration of Republic Day 2023
13.3.3.4. Glossier launched a You scented candle
13.3.3.5. Japanese D2C fragrance brand Shefar launched scented candle product line
13.3.4. Investment & Funding
13.3.4.1. The Manipal Group’s luxury brand EKAM raised an Angel roundabout INR 4.8 CR
13.3.5. Award, Recognition, & Expansion
13.3.5.1. Mayfield Consumer Products expanded with a USD 33.3 million in total investment
13.3.5.2. Lucky Penny Candles Announced First International Expansion
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Armadilla Wax Works, Inc.
14.1.2. AS Hansa Candle
14.1.3. AUS Wax Pty. Ltd.
14.1.4. Baltic Candles Ltd.
14.1.5. Bath & Body Works Direct, Inc.
14.1.6. Bolsius International BV
14.1.7. Bridgewater Candle Company
14.1.8. Candle Delirium, Inc.
14.1.9. Candles Scandinavia AB
14.1.10. Ceras Roura S.A.
14.1.11. Chandelles Tradition MB Inc.
14.1.12. Circle E Candles
14.1.13. Coastal Living Co.
14.1.14. Colonial Candle
14.1.15. Conscious Candle Co.
14.1.16. Contract Candles & Diffusers Ltd.
14.1.17. Delsbo Candle AB
14.1.18. Duni AB
14.1.19. Ellis Brooklyn
14.1.20. Empire Candle Co., LLC
14.1.21. Gala Group GmbH
14.1.22. Jo Malone London Inc.
14.1.23. M and Sense (Suzhou) Arts and Crafts Co., Ltd.
14.1.24. Malin+Goetz Inc.
14.1.25. Mimico Candle Company
14.1.26. MVP Group International, Inc.
14.1.27. NEST Fragrances
14.1.28. Newell Brands, Inc.
14.1.29. OZ Candles
14.1.30. S.C. Johnson & Son, Inc.
14.1.31. The Kelowna Candle Factory
14.1.32. Wilhelm Vollmar Sternstrasse GmbH
14.1.33. Wright Power
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing