Luxury Candle Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction and Market Overview
Luxury candles, crafted with premium materials and unique fragrances, cater to affluent consumers seeking ambiance and exclusivity. Rising disposable incomes, with global luxury spending reaching USD 1.1 trillion in 2023, drive demand for high-end home decor. The wellness trend, with 1.5 billion people prioritizing self-care, boosts luxury candles as mood-enhancing products. Urbanization and gifting culture further fuel growth, particularly in developed markets. The global luxury candle market is estimated at USD 400-600 million in 2025, with a CAGR of 9%-14% through 2030, driven by premiumization, wellness trends, and e-commerce growth.
Regional Market Trends
North America: The U.S. and Canada lead with demand for artisanal and eco-friendly luxury candles.
Europe: France, UK, and Italy focus on high-end, designer-branded candles.
Asia Pacific: China and Japan see growth in luxury gifting and home decor trends.
Rest of the World: UAE and Brazil expand with rising luxury retail and affluent consumer bases.
Application Analysis
Luxury Retail Stores: Expected growth of 8%-12%, driven by exclusive in-store experiences. Trends focus on curated, high-end displays.
Hypermarkets/Big-Box Stores: Projected growth of 5%-9%, valued for accessibility. Trends emphasize branded collections.
Online/E-commerce: Anticipated growth of 12%-16%, fueled by digital luxury platforms. Trends highlight personalized and subscription-based models.
Others: Growth of 6%-10%, including boutique and specialty stores, with a focus on niche fragrances.
Type Analysis
Scented: Expected growth of 10%-15%, preferred for ambiance and wellness. Trends focus on unique, natural fragrances.
Non-Scented/Decorative: Projected growth of 7%-11%, valued for aesthetic appeal. Trends emphasize artisanal and eco-friendly designs.
Key Market Players
Diptyque: Markets iconic scented candles for luxury consumers.
Jo Malone London: Offers premium, minimalist candles for gifting.
Newell Brands: Supplies high-end candles for mass luxury markets.
Baobab Collection: Provides exotic, decorative candles for affluent buyers.
L'Artisan Parfumeur, Loewe, L'OBJET, Céline, Le Labo, Byredo, Penhaligon’s Ltd., Bridgewater Candle Company: Focus on niche, artisanal, and designer-branded candles.
Porter’s Five Forces Analysis
Threat of New Entrants: Moderate, as craftsmanship and brand prestige create barriers.
Threat of Substitutes: High, with diffusers, essential oils, and standard candles as alternatives.
Bargaining Power of Buyers: Moderate, due to brand loyalty but price sensitivity in broader markets.
Bargaining Power of Suppliers: Low, with abundant wax and fragrance materials.
Competitive Rivalry: High, driven by innovation in scents, designs, and sustainability.
Market Opportunities and Challenges
Opportunities:
Leveraging 1.5 billion wellness-focused consumers with mood-enhancing candles.
Capitalizing on USD 1.1 trillion luxury spending for premium candles.
Expanding e-commerce with personalized and subscription models.
Innovating with eco-friendly and natural ingredients.
Targeting emerging markets like China and UAE for luxury gifting.
Challenges:
Competing with diffusers and budget-friendly candles.
High costs of sustainable and premium ingredient sourcing.
Addressing consumer perceptions of environmental impact.
Navigating complex regulations on candle materials and emissions.
Managing supply chain disruptions for wax and fragrances.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Luxury Candle Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Luxury Candle by Region
8.2 Import of Luxury Candle by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Luxury Candle Market in North America (2020-2030)
9.1 Luxury Candle Market Size
9.2 Luxury Candle Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Luxury Candle Market in South America (2020-2030)
10.1 Luxury Candle Market Size
10.2 Luxury Candle Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Luxury Candle Market in Asia & Pacific (2020-2030)
11.1 Luxury Candle Market Size
11.2 Luxury Candle Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Luxury Candle Market in Europe (2020-2030)
12.1 Luxury Candle Market Size
12.2 Luxury Candle Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Luxury Candle Market in MEA (2020-2030)
13.1 Luxury Candle Market Size
13.2 Luxury Candle Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Luxury Candle Market (2020-2025)
14.1 Luxury Candle Market Size
14.2 Luxury Candle Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Luxury Candle Market Forecast (2025-2030)
15.1 Luxury Candle Market Size Forecast
15.2 Luxury Candle Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Diptyque
15.1.1 Company Profile
15.1.2 Main Business and Luxury Candle Information
15.1.3 SWOT Analysis of Diptyque
15.1.4 Diptyque Luxury Candle Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Jo Malone London
15.2.1 Company Profile
15.2.2 Main Business and Luxury Candle Information
15.2.3 SWOT Analysis of Jo Malone London
15.2.4 Jo Malone London Luxury Candle Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Newell Brands
15.3.1 Company Profile
15.3.2 Main Business and Luxury Candle Information
15.3.3 SWOT Analysis of Newell Brands
15.3.4 Newell Brands Luxury Candle Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Baobab Collection
15.4.1 Company Profile
15.4.2 Main Business and Luxury Candle Information
15.4.3 SWOT Analysis of Baobab Collection
15.4.4 Baobab Collection Luxury Candle Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 L'Artisan Parfumeur
15.5.1 Company Profile
15.5.2 Main Business and Luxury Candle Information
15.5.3 SWOT Analysis of L'Artisan Parfumeur
15.5.4 L'Artisan Parfumeur Luxury Candle Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Bridgewater Candle Company
15.6.1 Company Profile
15.6.2 Main Business and Luxury Candle Information
15.6.3 SWOT Analysis of Bridgewater Candle Company
15.6.4 Bridgewater Candle Company Luxury Candle Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Loewe
15.7.1 Company Profile
15.7.2 Main Business and Luxury Candle Information
15.7.3 SWOT Analysis of Loewe
15.7.4 Loewe Luxury Candle Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 L'OBJET
15.8.1 Company Profile
15.8.2 Main Business and Luxury Candle Information
15.8.3 SWOT Analysis of L'OBJET
15.8.4 L'OBJET Luxury Candle Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Luxury Candle Report
Table Data Sources Of Luxury Candle Report
Table Major Assumptions Of Luxury Candle Report
Table Luxury Candle Classification
Table Luxury Candle Applications List
Table Drivers Of Luxury Candle Market
Table Restraints Of Luxury Candle Market
Table Opportunities Of Luxury Candle Market
Table Threats Of Luxury Candle Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Luxury Candle
Table Cost Structure Analysis Of Luxury Candle
Table Key End Users List
Table Latest News Of Luxury Candle Market
Table Merger And Acquisition List
Table Planned/Future Project Of Luxury Candle Market
Table Policy Of Luxury Candle Market
Table 2020-2030 Regional Export Of Luxury Candle
Table 2020-2030 Regional Import Of Luxury Candle
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Luxury Candle Market Size And Market Volume List
Table 2020-2030 North America Luxury Candle Demand List By Application
Table 2020-2025 North America Luxury Candle Key Players Sales List
Table 2020-2025 North America Luxury Candle Key Players Market Share List
Table 2020-2030 North America Luxury Candle Demand List By Type
Table 2020-2025 North America Luxury Candle Price List By Type
Table 2020-2030 United States Luxury Candle Market Size And Market Volume List
Table 2020-2030 United States Luxury Candle Import & Export List
Table 2020-2030 Canada Luxury Candle Market Size And Market Volume List
Table 2020-2030 Canada Luxury Candle Import & Export List
Table 2020-2030 Mexico Luxury Candle Market Size And Market Volume List
Table 2020-2030 Mexico Luxury Candle Import & Export List
Table 2020-2030 South America Luxury Candle Market Size And Market Volume List
Table 2020-2030 South America Luxury Candle Demand List By Application
Table 2020-2025 South America Luxury Candle Key Players Sales List
Table 2020-2025 South America Luxury Candle Key Players Market Share List
Table 2020-2030 South America Luxury Candle Demand List By Type
Table 2020-2025 South America Luxury Candle Price List By Type
Table 2020-2030 Brazil Luxury Candle Market Size And Market Volume List
Table 2020-2030 Brazil Luxury Candle Import & Export List
Table 2020-2030 Argentina Luxury Candle Market Size And Market Volume List
Table 2020-2030 Argentina Luxury Candle Import & Export List
Table 2020-2030 Chile Luxury Candle Market Size And Market Volume List
Table 2020-2030 Chile Luxury Candle Import & Export List
Table 2020-2030 Peru Luxury Candle Market Size And Market Volume List
Table 2020-2030 Peru Luxury Candle Import & Export List
Table 2020-2030 Asia & Pacific Luxury Candle Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Luxury Candle Demand List By Application
Table 2020-2025 Asia & Pacific Luxury Candle Key Players Sales List
Table 2020-2025 Asia & Pacific Luxury Candle Key Players Market Share List
Table 2020-2030 Asia & Pacific Luxury Candle Demand List By Type
Table 2020-2025 Asia & Pacific Luxury Candle Price List By Type
Table 2020-2030 China Luxury Candle Market Size And Market Volume List
Table 2020-2030 China Luxury Candle Import & Export List
Table 2020-2030 India Luxury Candle Market Size And Market Volume List
Table 2020-2030 India Luxury Candle Import & Export List
Table 2020-2030 Japan Luxury Candle Market Size And Market Volume List
Table 2020-2030 Japan Luxury Candle Import & Export List
Table 2020-2030 South Korea Luxury Candle Market Size And Market Volume List
Table 2020-2030 South Korea Luxury Candle Import & Export List
Table 2020-2030 Southeast Asia Luxury Candle Market Size List
Table 2020-2030 Southeast Asia Luxury Candle Market Volume List
Table 2020-2030 Southeast Asia Luxury Candle Import List
Table 2020-2030 Southeast Asia Luxury Candle Export List
Table 2020-2030 Australia Luxury Candle Market Size And Market Volume List
Table 2020-2030 Australia Luxury Candle Import & Export List
Table 2020-2030 Europe Luxury Candle Market Size And Market Volume List
Table 2020-2030 Europe Luxury Candle Demand List By Application
Table 2020-2025 Europe Luxury Candle Key Players Sales List
Table 2020-2025 Europe Luxury Candle Key Players Market Share List
Table 2020-2030 Europe Luxury Candle Demand List By Type
Table 2020-2025 Europe Luxury Candle Price List By Type
Table 2020-2030 Germany Luxury Candle Market Size And Market Volume List
Table 2020-2030 Germany Luxury Candle Import & Export List
Table 2020-2030 France Luxury Candle Market Size And Market Volume List
Table 2020-2030 France Luxury Candle Import & Export List
Table 2020-2030 United Kingdom Luxury Candle Market Size And Market Volume List
Table 2020-2030 United Kingdom Luxury Candle Import & Export List
Table 2020-2030 Italy Luxury Candle Market Size And Market Volume List
Table 2020-2030 Italy Luxury Candle Import & Export List
Table 2020-2030 Spain Luxury Candle Market Size And Market Volume List
Table 2020-2030 Spain Luxury Candle Import & Export List
Table 2020-2030 Belgium Luxury Candle Market Size And Market Volume List
Table 2020-2030 Belgium Luxury Candle Import & Export List
Table 2020-2030 Netherlands Luxury Candle Market Size And Market Volume List
Table 2020-2030 Netherlands Luxury Candle Import & Export List
Table 2020-2030 Austria Luxury Candle Market Size And Market Volume List
Table 2020-2030 Austria Luxury Candle Import & Export List
Table 2020-2030 Poland Luxury Candle Market Size And Market Volume List
Table 2020-2030 Poland Luxury Candle Import & Export List
Table 2020-2030 Russia Luxury Candle Market Size And Market Volume List
Table 2020-2030 Russia Luxury Candle Import & Export List
Table 2020-2030 Mea Luxury Candle Market Size And Market Volume List
Table 2020-2030 Mea Luxury Candle Demand List By Application
Table 2020-2025 Mea Luxury Candle Key Players Sales List
Table 2020-2025 Mea Luxury Candle Key Players Market Share List
Table 2020-2030 Mea Luxury Candle Demand List By Type
Table 2020-2025 Mea Luxury Candle Price List By Type
Table 2020-2030 Egypt Luxury Candle Market Size And Market Volume List
Table 2020-2030 Egypt Luxury Candle Import & Export List
Table 2020-2030 Israel Luxury Candle Market Size And Market Volume List
Table 2020-2030 Israel Luxury Candle Import & Export List
Table 2020-2030 South Africa Luxury Candle Market Size And Market Volume List
Table 2020-2030 South Africa Luxury Candle Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Luxury Candle Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Luxury Candle Import & Export List
Table 2020-2030 Turkey Luxury Candle Market Size And Market Volume List
Table 2020-2030 Turkey Luxury Candle Import & Export List
Table 2020-2025 Global Luxury Candle Market Size List By Region
Table 2020-2025 Global Luxury Candle Market Size Share List By Region
Table 2020-2025 Global Luxury Candle Market Volume List By Region
Table 2020-2025 Global Luxury Candle Market Volume Share List By Region
Table 2020-2025 Global Luxury Candle Demand List By Application
Table 2020-2025 Global Luxury Candle Demand Market Share List By Application
Table 2020-2025 Global Luxury Candle Key Vendors Sales List
Table 2020-2025 Global Luxury Candle Key Vendors Sales Share List
Table 2020-2025 Global Luxury Candle Key Vendors Revenue List
Table 2020-2025 Global Luxury Candle Key Vendors Revenue Share List
Table 2020-2025 Global Luxury Candle Demand List By Type
Table 2020-2025 Global Luxury Candle Demand Market Share List By Type
Table 2020-2025 Regional Luxury Candle Price List
Table 2025-2030 Global Luxury Candle Market Size List By Region
Table 2025-2030 Global Luxury Candle Market Size Share List By Region
Table 2025-2030 Global Luxury Candle Market Volume List By Region
Table 2025-2030 Global Luxury Candle Market Volume Share List By Region
Table 2025-2030 Global Luxury Candle Demand List By Application
Table 2025-2030 Global Luxury Candle Demand Market Share List By Application
Table 2025-2030 Global Luxury Candle Key Vendors Sales List
Table 2025-2030 Global Luxury Candle Key Vendors Sales Share List
Table 2025-2030 Global Luxury Candle Key Vendors Revenue List
Table 2025-2030 Global Luxury Candle Key Vendors Revenue Share List
Table 2025-2030 Global Luxury Candle Demand List By Type
Table 2025-2030 Global Luxury Candle Demand Market Share List By Type
Table 2025-2030 Luxury Candle Regional Price List
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Luxury Candle Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Luxury Candle Market Size And Cagr
Figure 2020-2030 North America Luxury Candle Market Volume And Cagr
Figure 2020-2030 South America Luxury Candle Market Size And Cagr
Figure 2020-2030 South America Luxury Candle Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Luxury Candle Market Size And Cagr
Figure 2020-2030 Asia & Pacific Luxury Candle Market Volume And Cagr
Figure 2020-2030 Europe Luxury Candle Market Size And Cagr
Figure 2020-2030 Europe Luxury Candle Market Volume And Cagr
Figure 2020-2030 Mea Luxury Candle Market Size And Cagr
Figure 2020-2030 Mea Luxury Candle Market Volume And Cagr
Figure 2020-2025 Global Luxury Candle Market Volume And Growth Rate
Figure 2020-2025 Global Luxury Candle Market Size And Growth Rate
Figure 2025-2030 Global Luxury Candle Market Volume And Growth Rate
Figure 2025-2030 Global Luxury Candle Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |