luxury candle market
100 Pages | Consumer Goods

Global Luxury Candle Market Insights 2022, Analysis and Forecast to 2030, By Product, Wax type, Distribution Channel

  • Published Date : 01-05-2023
  • Pages : 100
  • Report Id : 40175
  • Categories : Consumer Goods

This report describes the global market size of Luxury Candle Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 10.1% from 2023 to 2030.

Luxury candles are the type of candles that are used to enhance the appearance and ambiance of living spaces, particularly in millennial households. They are made of naturally occurring soy wax, which burns slowly and releases a pleasant odour that remains for a long time.

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Luxury Candle Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 10.1% during the forecast period 2023-2030. North American market for Rolling Stock Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.


For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America


The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

For competitor segment, the report include global key players of Rolling Stock Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share

By Product
Container
Pillar
Votive
Tapers
Others

Based on the product, the container categories contributed to a bigger market share of 52% in 2022. The demand for container candles is rising along with the demand for candles with fall and seasonal designs. Over 35% of candle sales, according to the U.S. National Candle Association, take place over the festive period.
The pillar segment is forecast to grow with a significant CAGR of xx% over the forecast period from 2023 to 2030.

By Wax Type
Paraffin
Soywax
Beeswax
Palm Wax
Others

Based on wax type, the paraffin wax category had a bigger market share of over 34% in 2022. Because it is more accessible and user-friendly than other forms of wax, paraffin wax is most frequently utilised for luxury candles. Because the wax can hold a lot of colour and odour, it is frequently utilised in many candle brands.Soy wax candles have a slow burn and appeal to customers looking for environmentally friendly options. Companies in the candle industry are embracing natural sources and advancing innovation all the time. Designer candles are made by candle companies using soy mixes and essential oils.
Moreover, the soywax segment is anticipated to grow with a significant CAGR of xx% over the forecast period

By Distribution Channel
Stand-Alone Boutiques
Departmental Stores
Specialty Stores
Online

Based on the distribution channel, the department stores sector generated a greater market share of over 49% in 2022. Department stores are becoming more and more well-liked as a result of their extensive selection of luxury candles. Customers may find a large selection of luxury candles at Walmart, Bed Bath & Beyond, and Bath & Body Works, all of which come in different sizes, shapes, prices, and scents. Customers who buy candles prefer department stores since they may sample different scents there before deciding to buy.
Moreover, the online segment is projected to grow with a significant CAGR of xx% over the forecast period.

By Region
North America
APAC
Europe
South America
Middle East & Africa

In 2022, Europe had a revenue share of around 32% of the global market for luxury candles.Luxury candles are more of a luxury than merely a product. The pleasant smells improve people's life and help in stress and anxiety relief. Another aspect raising the market's expansion is the extremely cold environment in several European nations.


By Company
Byredo
Diptyque Paris
Jo Malone London
Fornasetti S.P.A.
Louis Vuitton
Eight & Bob
LUMIRA Co Pty Ltd
Le Labo
Trudon
Ellis Brooklyn

Please ask for sample pages for full companies list

Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030

Any special requirements about this report, please let us know and we can provide custom report.


TABLE OF CONTENTS
1 REPORT OVERVIEW
1.1 MARKET INTRODUCTION
1.2 KEY MARKET SEGMENTS
1.3 PLAYERS COVERED
1.4 MARKET ANALYSIS BY Product
1.4.1 Global Luxury Candles Market Size Growth Rate by Product (2018-2030)
1.5 MARKET BY Wax Type
1.5.1 Global Luxury Candles Market Share by Wax Type (2018-2030)
1.6 STUDY OBJECTIVES
1.7 YEARS CONSIDERED
2 GLOBAL GROWTH TRENDS
2.1 GLOBAL Luxury Candles MARKET SIZE
2.2 REGULATORY FRAMEWORK
2.3 IMPACT OF COVID-19
2.4 RUSSIA-UKRAINE CRISIS IMPLICATIONS
2.5 INDUSTRY TRENDS
2.5.1 Market Top Trends
2.5.2 Market Drivers
2.5.3 Market Restraints
2.5.4 Market Opportunities
2.5.5 Porterís Five Forces Analysis
2.5.6 PESTLE Analysis
2.5.7 SWOT Analysis
2.5.8 Opportunity Orbit
2.5.9 Product Roadmap
2.5.10 Go to Market Strategy
3 ANALYSIS OF DATA BY Product AND Wax Type
3.1 GLOBAL Luxury Candles MARKET SIZE BY Product (2018-2030)
3.2 GLOBAL Luxury Candles MARKET SIZE BY Wax Type (2018-2030)
4 NORTH AMERICA
4.1 NORTH AMERICA Luxury Candles MARKET (2018-2030)
4.2 NORTH AMERICA Luxury Candles MARKET SIZE BY Product
4.3 NORTH AMERICA Luxury Candles MARKET SIZE BY Wax Type
4.4 NORTH AMERICA Luxury Candles MARKET SIZE BY COUNTRY
5 EUROPE
5.1 EUROPE Luxury Candles MARKET (2018-2030)
5.2 EUROPE Luxury Candles MARKET SIZE BY Product
5.3 EUROPE Luxury Candles MARKET SIZE BY Wax Type
5.4 EUROPE Luxury Candles MARKET SIZE BY COUNTRY
6 ASIA PACIFIC
6.1 ASIA PACIFIC Luxury Candles MARKET (2018-2030)
6.2 ASIA PACIFIC Luxury Candles MARKET SIZE BY Product
6.3 ASIA PACIFIC Luxury Candles MARKET SIZE BY Wax Type
6.4 ASIA PACIFIC Luxury Candles MARKET SIZE BY COUNTRY
7 SOUTH AMERICA
7.1 SOUTH AMERICA Luxury Candles MARKET (2018-2030)
7.2 SOUTH AMERICA Luxury Candles MARKET SIZE BY Product
7.3 SOUTH AMERICA Luxury Candles MARKET SIZE BY Wax Type
7.4 SOUTH AMERICA Luxury Candles MARKET SIZE BY COUNTRY
8 MIDDLE-EAST & AFRICA
8.1 MIDDLE-EAST & AFRICA Luxury Candles MARKET (2018-2030)
8.2 MIDDLE-EAST & AFRICA Luxury Candles MARKET SIZE BY Product
8.3 MIDDLE-EAST & AFRICA Luxury Candles MARKET SIZE BY Wax Type
8.4 MIDDLE-EAST AFRICA Luxury Candles MARKET SIZE BY COUNTRY
9 KEY PLAYERS PROFILES
9.1 Byredo
9.1.1 Company Details
9.1.2 Business Overview
9.1.3 Products & Services
9.1.4 Financial Overview (2018-2030)
9.1.5 Recent Development
9.2 Diptyque Paris
9.2.1 Company Details
9.2.2 Business Overview
9.2.3 Products & Services
9.2.4 Financial Overview (2018-2030)
9.2.5 Recent Development
9.3 Jo Malone London
9.3.1 Company Details
9.3.2 Business Overview
9.3.3 Products & Services
9.3.4 Financial Overview (2018-2030)
9.3.5 Recent Development
9.4 Fornasetti S.P.A.
9.5 Louis Vuitton
9.6 Eight & Bob
9.7 LUMIRA Co Pty Ltd
9.8 Le Labo
9.9 Trudon
9.10 Ellis Brooklyn
10 MARKET SHARE BY KEY PLAYERS
10.1 Luxury Candles MARKET SIZE BY PLAYERS
10.1.1 Global Luxury Candles Revenue by Players (2021)
10.1.2 Global Luxury Candles Revenue Market Share by Players (2021)
10.2 MOST ADOPTED STRATEGIES
10.3 MOST ACTIVE COMPANIES
10.4 MARKET COMPETITION ANALYSIS
11 APPENDIX
11.1 RESEARCH METHODOLOGY
11.2 PRIMARY RESEARCH
11.3 SECONDARY RESEARCH
11.4 DISCLAIMER

LIST OF TABLES
Table 1. Luxury Candles Key Players Covered in 2021
Table 2. Global Luxury Candles Market Size Growth Rate by Product (2018-2030) (Million US$)
Table 3. Global Luxury Candles Market Size Growth by Wax Type (2018-2030) (Million US$)
Table 4. Key Trends
Table 5. Key Drivers: Impact Analysis (2018-2030)
Table 6. Key Restraints
Table 7. Global Luxury Candles Market Size by Product (2018-2030) (Million US$)
Table 8. Global Luxury Candles Market Size Share by Product (2018-2030)
Table 9. Global Luxury Candles Market Size Share by Wax Type (2018-2030)
Table 10. North America Luxury Candles Market Size Share by Product (2018-2030)
Table 11. North America Luxury Candles Market Size by Wax Type (2018-2030) (Million US$)
Table 12. North America Luxury Candles Market Size Share by Wax Type (2018-2030)
Table 13. North America Luxury Candles Market Size by country (2018-2030) (Million US$)
Table 14. North America Luxury Candles Market Share by country (2018-2030)
Table 15. By Country
Table 16. Europe Luxury Candles Market Size by Product (2018-2030) (Million US$)
Table 17. Europe Luxury Candles Market Share by Product (2018-2030)
Table 18. Europe Luxury Candles Market Size by Wax Type (2018-2030) (Million US$)
Table 19. Europe Luxury Candles Market Share by Wax Type (2018-2030)
Table 20. Europe Luxury Candles Market Size by country (2018-2030) (Million US$)
Table 21. Europe Luxury Candles Market share by country (2018-2030)
Table 22. Asia Pacific Luxury Candles Market Size by Product (2018-2030) (Million US$)
Table 23. Asia Pacific Luxury Candles Market Share by Product (2018-2030)
Table 24. Asia Pacific Luxury Candles Market Size by Wax Type (2018-2030) (Million US$)
Table 25. Asia Pacific Luxury Candles Market Share by Wax Type (2018-2030)
Table 26. APAC Luxury Candles Market Size by country (2018-2030) (Million US$)
Table 27. APAC Luxury Candles Market share by country (2018-2030)
Table 28. South America Luxury Candles Market Size by Product (2018-2030) (Million US$)
Table 29. South America Luxury Candles Market Share by Product (2018-2030)
Table 30. South America Luxury Candles Market Size by Wax Type (2018-2030) (Million US$)
Table 31. South America Luxury Candles Market Share by Wax Type (2018-2030)
Table 32. South America Luxury Candles Market Size by country (2018-2030) (Million US$)
Table 33. South America Luxury Candles Market share by country (2018-2030)
Table 34. The Middle-East & Africa Luxury Candles Market Size by Product (2018-2030) (Million US$)
Table 35. The Middle-East & Africa Luxury Candles Market Share by Product (2018-2030)
Table 36. The Middle-East & Africa Luxury Candles Market Size by Wax Type (2018-2030) (Million US$)
Table 37. The Middle-East & Africa Luxury Candles Market Share by Wax Type (2018-2030)
Table 38. The MEA Luxury Candles Market Size by country (2018-2030) (Million US$)
Table 39. The MEA Luxury Candles Market share by country (2018-2030)
Table 40. Byredo. Details
Table 41. Business Overview
Table 42. Products & services
Table 43. Financial Overview (2018-2030) (Million US$)
Table 44. Recent Development
Table 45. Diptyque Paris Details
Table 46. Business Overview
Table 47. Products & services
Table 48. Financial Overview (2018-2030) (Million US$)
Table 49. Recent Development
Table 50. Jo Malone London Details
Table 51. Business Overview
Table 52. Products & services
Table 53. Financial Overview (2018-2030) (Million US$)
Table 54. Recent Development
Table 55. Global Luxury Candles Revenue by Players (2021) (Million US$)
Table 56. Global Luxury Candles Market Share by Players (2021)

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LIST OF FIGURES

Figure 1. Global Luxury Candles Market Share by Product in 2021 & 2028
Figure 2. Global Luxury Candles Market Share by Wax Type in 2021 & 2028
Figure 3. Luxury Candles Report Years Considered
Figure 4. Global Luxury Candles Market Size and Growth Rate 2018-2030 (Million US$)
Figure 5. Porter's Five Forces Analysis
Figure 6. Global Luxury Candles Market Size by Product Growth Rate 2018-2030 (Million US$)
Figure 7. Global Luxury Candles Market Size by Wax Type Growth Rate 2018-2030 (Million US$)
Figure 8. North America Luxury Candles Market Size 2018-2030 (Million US$)
Figure 9. Europe Luxury Candles Market Size 2018-2030 (Million US$)
Figure 10. Asia Pacific Luxury Candles Market Size 2018-2030 (Million US$)
Figure 11. South America Luxury Candles Market Size 2018-2030 (Million US$)
Figure 12. The Middle-East & Africa Luxury Candles Market Size 2018-2030 (Million US$)
Figure 1. Byredo. Revenue in (2019-2021)
Figure 2. Revenue Growth Rate (2018-2030)
Figure 3. Revenue Growth Rate in (2018-2030)
Figure 4. Global Luxury Candles Market Share by Players in 2021

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