Market Overview:
The global craft field candles market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the market can be attributed to factors such as, increasing demand for scented candles, rising disposable income of consumers and growing online retailing. However, volatility in prices of raw materials may restrain the growth of this market to some extent. Based on type, the global craft field candles market is segmented into fancy candles and scented candles. Fancy candles are further sub-segmented into pillar candle, votive candle and tealight candle segments. Scented candles are further sub-segmented into floral scent candle, woody scent candle and oriental scent candle segments.
Product Definition:
A craft field candle is a long, thin candle that is used to help direct airflow in a fireplace. They are placed in the front of the fireplace, and their flame helps to direct the flow of air so that the fire burns more evenly.
Fancy Candles:
Fancy candles are also known as scented candles. They are made up of wax and a wick which is set in the middle of it. The fragrance or essential oil is introduced into the wax before setting the wick on fire, hence they give out light as well as scent when lit.
Scented Candles:
Scented candles are those which are made by the addition of essential oils to wax. They have a wick and usually a container of liquid paraffin or soy, which is set in motion by an electric current. The fragrance released by the candle is usually pleasant and can last for quite some time after the flame has died down.
Application Insights:
The market is segmented based on application into online and offline. Offline held the largest share of over 70% in 2017. Offline applications include retail stores, hospitality houses, restaurants and hotels among others. The growing travel and tourism industry has led to an increase in the number of hotels, restaurants and other hospitality facilities around the world which has increased demand for candles in this sector as well.
Offline applications are expected to continue their dominance throughout the forecast period owing to high product demand from various sectors such as healthcare, architecture & interior design among others which have a common requirement for craft field candles with specific scents or aromas that can enhance customer experience providing better quality assurance than generic products can offer them at lower costs along with more customized designs that will appeal customers more effectively leading to higher profitability margins for companies operating within these industries over the coming years.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing popularity of scented candles. Germany, U.K., France and Italy are the major markets in Europe. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to increasing demand for craft field candles from countries like China, Japan and India on account of rising number of online retailers as well as offline stores offering these products at cheaper rates compared to other countries.
Growth Factors:
- Increasing demand for natural and eco-friendly products: There is a growing demand for natural and eco-friendly products across the globe. This is driving the growth of the craft field candles market as these candles are made from natural ingredients.
- Rising popularity of aromatherapy: Aromatherapy is gaining popularity due to its therapeutic benefits. This is boosting the demand for craft field candles, as they are used in aromatherapy to release essential oils that provide therapeutic benefits.
- Growing number of online retailers: The number of online retailers selling craft field candles is increasing rapidly, which is aiding in the growth of this market. These retailers offer a wide variety of candle types and scents, which has increased their popularity among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Craft Field Candles Market Research Report
By Type
Fancy Candles, Scented Candles
By Application
Online, Offline
By Companies
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, Yankee Candle (Newell Brands), Diptqyue, Zhongnam, Dandong Everlight Candle Industry Co., Ltd., Fushun Pingtian Wax products Co., ltd., Allite, Armadilla Wax Works
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Craft Field Candles Market Report Segments:
The global Craft Field Candles market is segmented on the basis of:
Types
Fancy Candles, Scented Candles
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
Online, Offline
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:
- 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
- Yankee Candle (Newell Brands)
- Diptqyue
- Zhongnam
- Dandong Everlight Candle Industry Co., Ltd.
- Fushun Pingtian Wax products Co., ltd.
- Allite
- Armadilla Wax Works
Highlights of The Craft Field Candles 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:
- Fancy Candles
- Scented Candles
- By Application:
- Online
- Offline
- 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 Craft Field Candles 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Craft Field Candles is a company that makes soy wax candles. They are made in the United States and are environmentally friendly.
Some of the key players operating in the craft field candles market are Yankee Candle (Newell Brands), Luminex Home D©cor & Fragrance Holding Corporation, Bolsius, MVP Group International, Inc, Gies, Talent, Universal Candle, Qingdao Kingking Applied Chemistry Co., LTD, Vollmar, Empire Candle Co., LLC, Yankee Candle (Newell Brands), Diptqyue, Zhongnam, Dandong Everlight Candle Industry Co., Ltd., Fushun Pingtian Wax products Co., ltd., Allite, Armadilla Wax Works.
The craft field candles market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Craft Field Candles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Craft Field Candles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Craft Field Candles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Craft Field Candles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Craft Field Candles Market Size & Forecast, 2018-2028
4.5.1 Craft Field Candles Market Size and Y-o-Y Growth
4.5.2 Craft Field Candles Market Absolute $ Opportunity
Chapter 5 Global Craft Field Candles Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Craft Field Candles Market Size Forecast by Type
5.2.1 Fancy Candles
5.2.2 Scented Candles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Craft Field Candles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Craft Field Candles Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Craft Field Candles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Craft Field Candles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Craft Field Candles Analysis and Forecast
9.1 Introduction
9.2 North America Craft Field Candles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Craft Field Candles Market Size Forecast by Type
9.6.1 Fancy Candles
9.6.2 Scented Candles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Craft Field Candles Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Craft Field Candles Analysis and Forecast
10.1 Introduction
10.2 Europe Craft Field Candles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Craft Field Candles Market Size Forecast by Type
10.6.1 Fancy Candles
10.6.2 Scented Candles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Craft Field Candles Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Craft Field Candles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Craft Field Candles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Craft Field Candles Market Size Forecast by Type
11.6.1 Fancy Candles
11.6.2 Scented Candles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Craft Field Candles Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Craft Field Candles Analysis and Forecast
12.1 Introduction
12.2 Latin America Craft Field Candles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Craft Field Candles Market Size Forecast by Type
12.6.1 Fancy Candles
12.6.2 Scented Candles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Craft Field Candles Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Craft Field Candles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Craft Field Candles Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Craft Field Candles Market Size Forecast by Type
13.6.1 Fancy Candles
13.6.2 Scented Candles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Craft Field Candles Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Craft Field Candles Market: Competitive Dashboard
14.2 Global Craft Field Candles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yankee Candle (Newell Brands)
14.3.2 Luminex Home Décor & Fragrance Holding Corporation
14.3.3 Bolsius
14.3.4 MVP Group International, Inc
14.3.5 Gies
14.3.6 Talent
14.3.7 Universal Candle
14.3.8 Qingdao Kingking Applied Chemistry Co., LTD
14.3.9 Vollmar
14.3.10 Empire Candle Co., LLC
14.3.11 Yankee Candle (Newell Brands)
14.3.12 Diptqyue
14.3.13 Zhongnam
14.3.14 Dandong Everlight Candle Industry Co., Ltd.
14.3.15 Fushun Pingtian Wax products Co., ltd.
14.3.16 Allite
14.3.17 Armadilla Wax Works
