An analysis by Report Linker projects the global candle market to grow by $3.4 billion from 2021-2025, growing at an 8.18% CAGR. The report suggests the increasing use of candles for special occasions and home decor are market drivers.
Other market drivers are new product launches and the diversified product portfolio of the key market vendors.
Leading candle market vendors include Bolsius International, Diptyque, Empire Candle Co., Nest New York, Reckitt Benckiser Group Plc, Stonewall Kitchen, Estee Lauder Co., The White Company, The Yankee Candle Co. and Thymes.
Report Linker’s study used a combination of primary and secondary information including inputs from key participants in the industry. The analysis also includes information on the global candle market size, trends and projected growth in the forecast period.