Summary
WiseGuyReports.com adds “Candle Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “Candle Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Candle Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
This report studies the global market size of Candle in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Candle in these regions.This research report categorizes the global Candle market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter’s Five Forces Analysis.
A candle is wax with an ignitable wick embedded that provides light, and in some cases, a fragrance. It can also be used to provide heat, or as a method of keeping time.Candle industry with distribution is different from other industries, consequently, this market faces some big challenges. Candle usage frequency needs to increase to reinvigorate sales, private label products present a growing threat to branded products. However, The high-end candle segment is the area that continues to see strong growth. As the low- and mid-cost candles continue to erode under the pressure of strong competition, the high-end segment continues to tap into the home decorating angle for increased sales. Utilizing less mainstream methods for distribution (such as mass merchandisers and retailers), these manufacturers have been able to position their products as luxury and true home decor items.
For the past few years, the candle industry grows smoothly. China is the main raw materials for the production of candle, meanwhile, combining with favorable tax policies and large number of available labor, at the same time, Chinese manufacturers are improving their technology, consequently, China is a major exporter of the candle in the future. Taking culture and religion into consideration, candle market has a certain potential in Europe, USA.
In 2015, the global production of candle reaches over 1932 K MT. It is expected to keep about 3.0%-3.7% in next 5 years. the consumption areas of candle are mainly USA and Europe. Europe is the largest consumer in the world, which occupied about 36.35% in 2015.
The price of Candle is lower year by year from 2011 to 2015. The price is at about 2451 USD/MT in 2015. The product profit margin is about 27.55% in 2015, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing. Overall, Candle maintained a high gross margin.
Among all applications, traditional field is expected to be the largest contributor to the overall Candle market in the future. The craft field application is estimated to have the highest growth potential during 2016 to 2021 in Candle market.
In 2017, the global Candle market size was 4950 million US$ and is forecast to 5790 million US in 2025, growing at a CAGR of 2.0% from 2018. The objectives of this study are to define, segment, and project the size of the Candle market based on company, product type, application and key regions.
The various contributors involved in the value chain of Candle include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Candle includeBlythJarden CorpColonial CandleS. C. Johnson & SonChesapeake Bay CandleLangley/Emprire CandleLancaster ColonyArmadilla Wax WorksDianne’s Custom CandlesBolsiusGiesVollmarKingkingTalentZhong NamPintian WaxEverlightAlliteCandle-lite
Market Size Split by TypeAnimalVegetableParaffinSyntheticMarket Size Split by ApplicationTraditional FieldCraft Field
Market size split by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaSingaporeMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceUKItalySpainRussiaCentral & South AmericaBrazilRest of Central & South AmericaMiddle East & AfricaGCC CountriesTurkeyEgyptSouth Africa
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Major Key Points in Table of Content
1 Study Coverage1.1 Candle Product1.2 Key Market Segments1.3 Key Manufacturers Covered1.4 Market by Type1.4.1 Global Candle Market Size Growth Rate by Type1.4.2 Animal1.4.3 Vegetable1.4.4 Paraffin1.4.5 Synthetic1.5 Market by Application1.5.1 Global Candle Market Size Growth Rate by Application1.5.2 Traditional Field1.5.3 Craft Field1.6 Study Objectives1.7 Years Considered
2 Executive Summary2.1 Global Candle Market Size2.1.1 Global Candle Revenue 2016-20252.1.2 Global Candle Sales 2016-20252.2 Candle Growth Rate by Regions2.2.1 Global Candle Sales by Regions2.2.2 Global Candle Revenue by Regions
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11 Company Profiles11.1 Blyth11.1.1 Blyth Company Details11.1.2 Company Description11.1.3 Sales, Revenue and Gross Margin of Candle11.1.4 Candle Product Description11.1.5 Recent Development11.2 Jarden Corp11.2.1 Jarden Corp Company Details11.2.2 Company Description11.2.3 Sales, Revenue and Gross Margin of Candle11.2.4 Candle Product Description11.2.5 Recent Development11.3 Colonial Candle11.3.1 Colonial Candle Company Details11.3.2 Company Description11.3.3 Sales, Revenue and Gross Margin of Candle11.3.4 Candle Product Description11.3.5 Recent Development11.4 S. C. Johnson & Son11.4.1 S. C. Johnson & Son Company Details11.4.2 Company Description11.4.3 Sales, Revenue and Gross Margin of Candle11.4.4 Candle Product Description11.4.5 Recent Development11.5 Chesapeake Bay Candle11.5.1 Chesapeake Bay Candle Company Details11.5.2 Company Description11.5.3 Sales, Revenue and Gross Margin of Candle11.5.4 Candle Product Description11.5.5 Recent Development11.6 Langley/Emprire Candle11.6.1 Langley/Emprire Candle Company Details11.6.2 Company Description11.6.3 Sales, Revenue and Gross Margin of Candle11.6.4 Candle Product Description11.6.5 Recent Development11.7 Lancaster Colony11.7.1 Lancaster Colony Company Details11.7.2 Company Description11.7.3 Sales, Revenue and Gross Margin of Candle11.7.4 Candle Product Description11.7.5 Recent Development11.8 Armadilla Wax Works11.8.1 Armadilla Wax Works Company Details11.8.2 Company Description11.8.3 Sales, Revenue and Gross Margin of Candle11.8.4 Candle Product Description11.8.5 Recent Development11.9 Dianne’s Custom Candles11.9.1 Dianne’s Custom Candles Company Details11.9.2 Company Description11.9.3 Sales, Revenue and Gross Margin of Candle11.9.4 Candle Product Description11.9.5 Recent Development11.10 Bolsius11.10.1 Bolsius Company Details11.10.2 Company Description11.10.3 Sales, Revenue and Gross Margin of Candle11.10.4 Candle Product Description11.10.5 Recent Development11.11 Gies11.12 Vollmar11.13 Kingking11.14 Talent11.15 Zhong Nam11.16 Pintian Wax11.17 Everlight11.18 Allite11.19 Candle-lite
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