Candle Market Seen Soaring ~6.30% Growth to Reach USD XX Billion by 2033, Projects UnivDatos

Key Highlights of the Report:

• Sustainability-conscious products: Beeswax, soy, and coconut wax eco-friendly products are gaining immense popularity among consumers.

• Festival and Seasonal themed candles: Candles designed for specific holidays, events, and themes are becoming a specific trend, catering to festive and gifting needs.

• Integration of aromatherapy: Manufacturers are producing candles infused with essential oils for relaxation, stress relief, and wellness.

• Technology-enhanced candles: Nowadays, in the era of digitalization, technology-enhanced candles with features like LED lighting, remote control, and flameless options have also emerged as the modern trend.

According to a new report by UnivDatos, the Candle Market is expected to reach USD XX Billion in 2033 by growing at a CAGR of 6.30% during the forecast period (2025-2033). The candle market is gaining potential due to the rising demand for scented candles, the increased usage of candles in interior design, the increased use of different kinds of candles in healing spas, and the increased trend of gifting. Innumerable varieties of candles are utilized in hotels, restaurants, resorts, and hospitality venues owing to their visual appeal. Furthermore, the increased popularity of internet shopping, at-home entertainment, and self-care routines is a major factor fueling the candle market. The demand for therapeutic fragrances, especially lavender, eucalyptus, and chamomile, is increasing. In the modern world, when people are often stressed out and preoccupied with work, the growing demand for health and home decor products has changed from being a simple indulgence to a priority, as it imparts emotional value to the clients. Moreover, after the COVID-19 pandemic, the perception of a home as a personal space has intensified the increasing the use of scented candles as a commonplace in wellness practices.

According to the report, the impact of Candle has been identified to be high for the European area. Some of how this impact has been felt include:

Europe has witnessed substantial growth with a significant CAGR during the forecast period. Candles hold special significance in European traditions, festivals, and home décor since ancient times. Further, due to the cold climatic conditions, candles were needed for the ignition of firewood in older times in Europe. Additionally, the demand for scented and decorative candles, with the growing emphasis on wellbeing and creating comfortable home environments, has lured the European customers. The internet websites maintain the values of the region's strong emphasis on sustainability, further boosting the candle sales. With a high rise in the demand for innovative, artisanal, customized, and themed candles, the market is seeing huge inflation. To mitigate the carbon emissions, European consumers have shown an inclination for eco-friendly candles made from natural waxes like soy and beeswax because of the ongoing climate change and global warming catastrophe. According to the European Union 2022, Germany imported €609 million worth of candles in 2022, representing 26% of total imports of candles by value. This made Germany the largest EU importer of candles, ahead of the Netherlands (€313 million, 13%) and France (€173 million, 7%). Imports of candles from extra-EU countries came mainly from China (€425 million, or 71%), followed by the United Kingdom (€55 million, 9%) and Vietnam (€41 million, 7%).

Surge in the eco-friendly and sustainable raw materials for candles

In ancient times, candles were made from animal fats such as beef, sheep, and whale fat, but today, these are made from paraffin wax. It is easily available worldwide, which is usually white in appearance but becomes clear when liquid. It comes with various melting points ranging from 46° to 68°C, and have with a higher melting point is required for use in hotter climates. But paraffin wax comes from the fractional distillation of petroleum, which, on combustion, emits greenhouse gases.

Some of the eco-friendly products that are gaining popularity nowadays are:

Stearine

It is made from vegetable and animal fat, which helps in the release of candles from the moulds, enhancing their burning qualities.

Beeswax

They are an excellent material for making dipped and poured candles, which come under the premium category. Beeswax is obtained by melting and further cooling the bees' honeycomb. It burns slowly, giving an aesthetic appearance and a pleasant aroma, and is often mixed with paraffin wax.

Vegetable waxes

Vegetable waxes are obtained from the natural wax of vegetables and fruits such as soy, coconut, etc. It serves as the candle's primary fuel source or might simply be used to enhance the properties of another wax. These waxes are promoted as healthful and environmentally friendly substitutes for paraffin wax.

Gel wax

Gel wax is also gaining popularity as a candle-making product. It looks like a clear gelatin that can be used to make a candle after melting it. 

Other waxes and additives

Some other waxes include Microcrystalline wax, Overdipping wax, and Dip and carve wax.

Other reused material

Consumers are now increasingly focused on sustainable packaging and are emphasizing reusing and recycling the products. Hence, there is an increasing trend of using other eco-friendly raw materials for candle making. Small pots, old bottles, orange peels, coconut shells, fruit jars, old cans, and seashells can be used as containers for the candles.

Key Offerings of the Report

Market Size, Trends, & Forecast by Revenue | 2025−2033.

Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities

Market Segmentation – A detailed analysis By Product, By Wax Type, By Distribution Channel, By Region/Country

Competitive Landscape – Top Key Vendors and Other Prominent Vendors