GITNUX MARKETDATA REPORT 2024

Candles Industry Statistics

The candles industry is experiencing steady growth, with increasing consumer demand for luxury and specialty candles driving market expansion.

Statistic 1

"Consumers are expected to spend an average of $26.05 on candle products."

Sources Icon

Statistic 2

"The holiday season is the peak time for candle usage with more than 70% of sales."

Sources Icon

Statistic 3

"The Candle market forecast predicts growth to $6.64 billion by 2027."

Sources Icon

Statistic 4

"Contemporary products accounted for over 50% of candle sales in 2020."

Sources Icon

Statistic 5

"The European candle market is forecasted to reach a value of approximately 3.2 billion U.S. dollars by 2025."

Sources Icon

Statistic 6

"France is the largest consumer of candles in Europe with an average consumption of 5 kilos per person per year."

Sources Icon

Statistic 7

"Soy candles hold the largest market share in the candle industry."

Sources Icon

Statistic 8

"The global Candle market size was worth USD 3.45 billion in 2019."

Sources Icon

Statistic 9

"The online segment of candle sales is expected to expand at a CAGR of 11.9% from 2020 to 2027."

Sources Icon

Statistic 10

"Cities account for about 70% of the candle market."

Sources Icon

Statistic 11

"Europe accounted for a share of over 30% in the global market in 2019."

Sources Icon

Statistic 12

"The global pillar candles market size was worth USD 1.6 billion in 2019."

Sources Icon

Statistic 13

"Asia Pacific is expected to witness the fastest growth at over 6% CAGR from 2020 to 2027 in candle market."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!