The global candle wicks market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for candles in various applications such as home use and business use. The demand for candles has increased due to their aesthetic appeal and their ability to create a soothing ambiance in homes and offices. In addition, the growing awareness about environmental issues has led people towards using eco-friendly products such as candles which are made from natural materials like cotton or wood wicks. The global candle wicks market is segmented on the basis of type into cotton wick and wooden wick; on the basis of application into home use and business use; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA). North America accounted for a major share in terms of revenue generation owing to its high adoption rate among consumers owing to its high adoption rate among consumers owing to its high adoption rate among consumers owing to its high adoption rate among consumers owing to its high adoption rate among consumers owing to its high adoption rate among consumers due it being an affluent region with higher disposable income levels than other regions.
Some Of The Growth Factors Of This Market:
- The demand for candles is increasing due to the increase in the number of people who are environmentally conscious and want to reduce their carbon footprint.
- The demand for candles is also increasing due to the increase in the number of people who are looking for a more natural way to light their homes, as well as those who want a more romantic atmosphere at home or in restaurants.
- The increased use of candles has led to an increased need for candle wicks, which has led manufacturers to produce more candle wicks than ever before, which will lead them to invest heavily into research and development so that they can stay competitive with other manufacturers on this market segment.
- Candle wicks have been around since ancient times and have been used by many civilizations throughout history, including Ancient Egypt, Ancient Greece and Rome, China during the Tang Dynasty (618-907), India during the Gupta Empire (320-550), Japan during the Heian period (794-1185) and Medieval Europe from about 1000 AD onwards when they were introduced by Crusaders returning from Palestine after fighting Muslims there; this means that there is a long history of using candle wicks which will lead them not only be popular now but also in future years as well because it's unlikely that we'll stop using candles anytime soon either because they're so popular or because we'll find some other way of lighting our homes instead such as electricity or solar power; this means that there will always be a need for candle wicks no matter what happens with technology over time because it's unlikely that we'll stop using candles anytime soon either because they're so popular or because we'll find some other way of lighting our homes instead such as electricity or solar power; this means that there will always be a need for candle wicks no matter what happens with technology over time.
Industry Growth Insights published a new data on “Candle Wicks Market”. The research report is titled “Candle Wicks Market research by Types (Cotton Wick, Wooden Wick, Others), By Applications (Home Use, Business Use), By Players/Companies Candlewic, Candles and Supplies, Candle Science, GloryBee, Cosy Owl, All Seasons Wax Company, Atkins and Pearce, Candle Deli, Abelo, Canwax”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Candle Wicks Market Research Report
By Type
Cotton Wick, Wooden Wick, Others
By Application
Home Use, Business Use
By Companies
Candlewic, Candles and Supplies, Candle Science, GloryBee, Cosy Owl, All Seasons Wax Company, Atkins and Pearce, Candle Deli, Abelo, Canwax
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Candle Wicks Market Report Segments:
The global Candle Wicks market is segmented on the basis of:
Types
Cotton Wick, Wooden Wick, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Business Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Candlewic
- Candles and Supplies
- Candle Science
- GloryBee
- Cosy Owl
- All Seasons Wax Company
- Atkins and Pearce
- Candle Deli
- Abelo
- Canwax
Highlights of The Candle Wicks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cotton Wick
- Wooden Wick
- Others
- By Application:
- Home Use
- Business Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Candle Wicks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Candle wicks are the material used to light candles. They are made of a variety of materials, including cotton, linen, and paper.
Some of the major companies in the candle wicks market are Candlewic, Candles and Supplies, Candle Science, GloryBee, Cosy Owl, All Seasons Wax Company, Atkins and Pearce, Candle Deli, Abelo, Canwax.
The candle wicks market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Candle Wicks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Candle Wicks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Candle Wicks Market - Supply Chain
4.5. Global Candle Wicks Market Forecast
4.5.1. Candle Wicks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Candle Wicks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Candle Wicks Market Absolute $ Opportunity
5. Global Candle Wicks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Candle Wicks Market Size and Volume Forecast by Type
5.3.1. Cotton Wick
5.3.2. Wooden Wick
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Candle Wicks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Candle Wicks Market Size and Volume Forecast by Application
6.3.1. Home Use
6.3.2. Business Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Candle Wicks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Candle Wicks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Candle Wicks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Candle Wicks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Candle Wicks Demand Share Forecast, 2019-2026
9. North America Candle Wicks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Candle Wicks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Candle Wicks Market Size and Volume Forecast by Application
9.4.1. Home Use
9.4.2. Business Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Candle Wicks Market Size and Volume Forecast by Type
9.7.1. Cotton Wick
9.7.2. Wooden Wick
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Candle Wicks Demand Share Forecast, 2019-2026
10. Latin America Candle Wicks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Candle Wicks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Candle Wicks Market Size and Volume Forecast by Application
10.4.1. Home Use
10.4.2. Business Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Candle Wicks Market Size and Volume Forecast by Type
10.7.1. Cotton Wick
10.7.2. Wooden Wick
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Candle Wicks Demand Share Forecast, 2019-2026
11. Europe Candle Wicks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Candle Wicks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Candle Wicks Market Size and Volume Forecast by Application
11.4.1. Home Use
11.4.2. Business Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Candle Wicks Market Size and Volume Forecast by Type
11.7.1. Cotton Wick
11.7.2. Wooden Wick
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
1.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Candle Wicks Demand Share, 2019-2026
12. Asia Pacific Candle Wicks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Candle Wicks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Candle Wicks Market Size and Volume Forecast by Application
12.4.1. Home Use
12.4.2. Business Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Candle Wicks Market Size and Volume Forecast by Type
12.7.1. Cotton Wick
12.7.2. Wooden Wick
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Candle Wicks Demand Share, 2019-2026
13. Middle East & Africa Candle Wicks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Candle Wicks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Candle Wicks Market Size and Volume Forecast by Application
13.4.1. Home Use
13.4.2. Business Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Candle Wicks Market Size and Volume Forecast by Type
13.7.1. Cotton Wick
13.7.2. Wooden Wick
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Candle Wicks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Candle Wicks Market: Market Share Analysis
14.2. Candle Wicks Distributors and Customers
14.3. Candle Wicks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Candlewic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Candles and Supplies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Candle Science
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GloryBee
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cosy Owl
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. All Seasons Wax Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Atkins and Pearce
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Candle Deli
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Abelo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Canwax
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook