The North America Candle Market would witness market growth of 5.1% CAGR during the forecast period (2022-2028).
Candles were most prominently used for illumination before electrical lighting and are still used in areas without electricity. Nowadays, candles are used for their scent and aesthetic values, to create a warm and soft ambiance, for emergency lighting during power out or power failure, and for ritual and religious purposes. Scented candles have seen significant popularity rises in recent times.
With the increasing awareness of mental well-being and self-care, the number of consumers ordering candles through online modes has also increased. Furthermore, the spending on redecoration and renovation of homes has also surged. In recent years there has been a rise in the commercial utility of candles, with many massage centers and spas utilizing candles in combination with essential oils to give a soothing effect. The surging popularity of aromatherapy and spas are creating a robust candle demand.
Canada's home décor retail industry is rising at a rapid pace. The rise is driven by numerous factors, which include the surge in household income and the desire of people to enhance their homes. Several significant trends are shaping the home décor sector. Out of them, the most essential is the shift toward online shopping. Many Canadians are opting to shop from online mediums due to the online retailers' selection and convenience. Another key trend affecting the home décor industry is the rise of many small businesses. More small businesses are now operating in the space than ever before. These businesses generally offer unique products and services that large firms cannot provide. Because of this, they are attracting more consumers towards them and aiding the candle market to grow in the region.
The US market dominated the North America Candle Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,083.2 million by 2028. The Canada market is exhibiting a CAGR of 7.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.5% during (2022 - 2028).
Based on Product, the market is segmented into Votive, Container Candle, Pillars, Tapers, and Others. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Wax Type, the market is segmented into Paraffin, Soy Wax, Beeswax, Palm Wax, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Candle Market is Predict to reach $16.9 Billion by 2028, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Yankee Candle Company (Newell Brands, Inc.), Estee Lauder Companies, Inc., Bed Bath & Beyond, Inc., Diptyque (Manzanita Capital Ltd.), Ellis Brooklyn, Trudon, Contract Candles & Diffusers Ltd., Conscious Candle Co., The Bridgewater Candle Company, and NEST Fragrances.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Votive
- Container Candle
- Pillars
- Tapers
- Others
By Distribution Channel
By Wax Type
- Paraffin
- Soy Wax
- Beeswax
- Palm Wax
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- The Yankee Candle Company (Newell Brands, Inc.)
- Estee Lauder Companies, Inc.
- Bed Bath & Beyond, Inc.
- Diptyque (Manzanita Capital Ltd.)
- Ellis Brooklyn
- Trudon
- Contract Candles & Diffusers Ltd.
- Conscious Candle Co.
- The Bridgewater Candle Company
- NEST Fragrances
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Candle Market, by Product
1.4.2 North America Candle Market, by Distribution Channel
1.4.3 North America Candle Market, by Wax Type
1.4.4 North America Candle Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Candle Market by Product
3.1 North America Votive Market by Country
3.2 North America Container Candle Market by Country
3.3 North America Pillars Market by Country
3.4 North America Tapers Market by Country
3.5 North America Others Market by Country
Chapter 4. North America Candle Market by Distribution Channel
4.1 North America Offline Market by Country
4.2 North America Online Market by Country
Chapter 5. North America Candle Market by Wax Type
5.1 North America Paraffin Market by Country
5.2 North America Soy Wax Market by Country
5.3 North America Beeswax Market by Country
5.4 North America Palm Wax Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Candle Market by Country
6.1 US Candle Market
6.1.1 US Candle Market by Product
6.1.2 US Candle Market by Distribution Channel
6.1.3 US Candle Market by Wax Type
6.2 Canada Candle Market
6.2.1 Canada Candle Market by Product
6.2.2 Canada Candle Market by Distribution Channel
6.2.3 Canada Candle Market by Wax Type
6.3 Mexico Candle Market
6.3.1 Mexico Candle Market by Product
6.3.2 Mexico Candle Market by Distribution Channel
6.3.3 Mexico Candle Market by Wax Type
6.4 Rest of North America Candle Market
6.4.1 Rest of North America Candle Market by Product
6.4.2 Rest of North America Candle Market by Distribution Channel
6.4.3 Rest of North America Candle Market by Wax Type
Chapter 7. Company Profiles
7.1 The Yankee Candle Company (Newell Brands, Inc.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 Estee Lauder Companies, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.3 Bed Bath & Beyond, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.4 Diptyque (Manzanita Capital Ltd.)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Ellis Brooklyn
7.5.1 Company Overview
7.6 Trudon
7.6.1 Company Overview
7.7 Contract Candles & Diffusers Ltd.
7.7.1 Company Overview
7.8 Conscious Candle Co.
7.8.1 Company Overview
7.9 The Bridgewater Candle Company
7.9.1 Company Overview
7.10. NEST Fragrances
7.10.1 Company Overview
TABLE 1 North America Candle Market, 2018 - 2021, USD Million
TABLE 2 North America Candle Market, 2022 - 2028, USD Million
TABLE 3 North America Candle Market by Product, 2018 - 2021, USD Million
TABLE 4 North America Candle Market by Product, 2022 - 2028, USD Million
TABLE 5 North America Votive Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Votive Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Container Candle Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Container Candle Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Pillars Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Pillars Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Tapers Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Tapers Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Candle Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 16 North America Candle Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 17 North America Offline Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Offline Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Online Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Online Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Candle Market by Wax Type, 2018 - 2021, USD Million
TABLE 22 North America Candle Market by Wax Type, 2022 - 2028, USD Million
TABLE 23 North America Paraffin Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Paraffin Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Soy Wax Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Soy Wax Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Beeswax Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Beeswax Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Palm Wax Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Palm Wax Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Candle Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Candle Market by Country, 2022 - 2028, USD Million
TABLE 35 US Candle Market, 2018 - 2021, USD Million
TABLE 36 US Candle Market, 2022 - 2028, USD Million
TABLE 37 US Candle Market by Product, 2018 - 2021, USD Million
TABLE 38 US Candle Market by Product, 2022 - 2028, USD Million
TABLE 39 US Candle Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 US Candle Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 US Candle Market by Wax Type, 2018 - 2021, USD Million
TABLE 42 US Candle Market by Wax Type, 2022 - 2028, USD Million
TABLE 43 Canada Candle Market, 2018 - 2021, USD Million
TABLE 44 Canada Candle Market, 2022 - 2028, USD Million
TABLE 45 Canada Candle Market by Product, 2018 - 2021, USD Million
TABLE 46 Canada Candle Market by Product, 2022 - 2028, USD Million
TABLE 47 Canada Candle Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 48 Canada Candle Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 49 Canada Candle Market by Wax Type, 2018 - 2021, USD Million
TABLE 50 Canada Candle Market by Wax Type, 2022 - 2028, USD Million
TABLE 51 Mexico Candle Market, 2018 - 2021, USD Million
TABLE 52 Mexico Candle Market, 2022 - 2028, USD Million
TABLE 53 Mexico Candle Market by Product, 2018 - 2021, USD Million
TABLE 54 Mexico Candle Market by Product, 2022 - 2028, USD Million
TABLE 55 Mexico Candle Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Mexico Candle Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Mexico Candle Market by Wax Type, 2018 - 2021, USD Million
TABLE 58 Mexico Candle Market by Wax Type, 2022 - 2028, USD Million
TABLE 59 Rest of North America Candle Market, 2018 - 2021, USD Million
TABLE 60 Rest of North America Candle Market, 2022 - 2028, USD Million
TABLE 61 Rest of North America Candle Market by Product, 2018 - 2021, USD Million
TABLE 62 Rest of North America Candle Market by Product, 2022 - 2028, USD Million
TABLE 63 Rest of North America Candle Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 64 Rest of North America Candle Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 65 Rest of North America Candle Market by Wax Type, 2018 - 2021, USD Million
TABLE 66 Rest of North America Candle Market by Wax Type, 2022 - 2028, USD Million
TABLE 67 Key Information – The Yankee Candle® Company
TABLE 68 Key Information – Estee Lauder Companies, Inc.
TABLE 69 Key Information –Bed Bath & Beyond, Inc.
TABLE 70 key Information – Manzanita Capital
TABLE 71 Key Information – Ellis Brooklyn
TABLE 72 Key Information – Trudon
TABLE 73 Key Information – Contract Candles & Diffusers Ltd.
TABLE 74 Key Information – Conscious Candle Co
TABLE 75 Key Information – The Bridgewater Candle Company
TABLE 76 Key Information – NEST Fragrances
List of Figures
FIG 1 Methodology for the research