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.
Candles are mainly classified into the following types: Petroleum & Mineral, Vegetable, Animal and Synthetic. Petroleum & Mineral Candles accounted for the largest part of the revenue market, with 73.29% in 2019.
Candles have wide range of applications, such as Traditional Field and Craft Field. Craft Field consumed a larger part, with 55.93% of the sales volume share in 2019.
Europe has the largest production capacity of Candles, accounting for 34.20% of the global output in 2019, while North America and Europe were about 26.06% and 18.23%.
Yankee Candle (Newell Brands) and Luminex Home Décor & Fragrance Holding Corporation are the Top 2 players of the global Candles market. They took up about 34.60% of the global market in 2019.

Market Analysis and Insights: Global Candle Market
The global Candle market is valued at US$ 5859.1 million in 2019. The market size will reach US$ 8493.3 million by the end of 2026, growing at a CAGR of 5.5% during 2021-2026.

Global Candle Scope and Market Size
Candle market is segmented Raw Materials, and by Application. Players, stakeholders, and other participants in the global Candle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast Raw Materials and by Application for the period 2016-2027.

Segment Raw Materials
Petroleum & Mineral
Vegetable
Animal
Synthetic

Segment by Application
Traditional Field
Craft Field

By Company
Yankee Candle (Newell Brands)
Luminex Home Décor & Fragrance Holding Corporation
Bolsius
MVP Group International, Inc
Gies
Talent
Universal Candle
Qingdao Kingking Applied Chemistry Co., LTD
Vollmar
Empire Candle Co., LLC
Hyfusin Group Holdings Limited
Diptqyue
Zhongnam
Dandong Everlight Candle Industry Co., Ltd.
Fushun Pingtian Wax products Co., ltd.
Allite
Armadilla Wax Works

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia