Market Overview:
The global paraffin wax candles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for scented candles, rising disposable income, and growing awareness about aromatherapy. In terms of type, the scented candles segment is expected to dominate the global paraffin wax candles market during the forecast period. This can be attributed to their growing popularity among consumers owing to their ability to create a desired ambiance. In terms of application, traditional field is expected to hold majority share in global paraffin wax candles market during the forecast period.
Product Definition:
A candle made from a mixture of paraffin wax and stearic acid. It is used to make candles that have a long burning time and produce very little smoke.
Scented:
Scented wax is a type of wax that has been infused with essential oils. These scented candles are gaining popularity as they have a pleasing aroma and can be used in both residential and commercial places such as hotels, restaurants, shops etc. The market for scented wax is growing due to the rising demand for aromatherapy at home along with the increasing number of retail stores selling these products.
Unscented:
Unscented wax is a type of petroleum jelly that has no fragrance. It is produced from the partial hydrogenation process of vegetable oils including soy, palm, rapeseed and sunflower. The product finds its major application in the manufacturing of paraffin wax candles as it provides an even burn with better scent throw and longer burn time.
Application Insights:
Paraffin wax candles are majorly used in traditional and craft fields. In terms of application, the market has been segmented into two categories, one being traditional and the other being craft. The traditional applications include aromatherapy as well as therapeutic massage wherein paraffin wax is directly applied on the skin or is mixed with oil before massaging to enhance relaxation response. It also finds usage in home care products such as glass cleaners where it acts as a hardening agent for cleaning surfaces without leaving any scratches or marks behind.
The usage of unscented type of paraffin wax candle provides an aesthetic appeal to various crafts such as scrapbooking, card making and others where fragrance is not essential for creating an attractive product but rather one that smells good enough to eat would suffice thereby providing a more personal touch when gifted away at occasions such these birthdays, Christmas or Thanksgiving Day etcetera.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest growing regional market over the forecast period. The growth can be attributed to increasing product demand in countries, such as China, Japan, India and Australia. In addition, rising disposable income levels in emerging economies of Asia Pacific are anticipated to fuel the product demand during the forecast period.
Europe accounted for a significant share of global paraffin wax candles market owing to high consumer awareness regarding environment protection coupled with aesthetic appeal of candleslight products. However, stringent environmental regulations by European Commission regarding carbon dioxide emissions caused by burning products may hinder industry growth over the next eight years. North America is also likely to witness sluggish growth due to saturated marketplace condition along with relatively low adoption rate for novel candlelight technologies including fragrance free variants across U.S.
Growth Factors:
- Increasing demand for aromatherapy and natural candles: The global paraffin wax candles market is expected to benefit from the increasing demand for aromatherapy and natural candles. These types of candles are made from plant-based or essential oils, which are known to have therapeutic properties.
- Rising disposable income in developing countries: A large number of consumers in developing countries are expected to shift towards premium products, such as paraffin wax candles, owing to rising disposable incomes. This is likely to boost the growth of the global market during the forecast period.
- Growing popularity of DIY projects: There has been a growing trend of do-it-yourself (DIY) projects among consumers in recent years, which is benefiting the global paraffin wax candles market. Consumers are increasingly opting for DIY candle making kits that allow them to make their own personalized scented candles at home using high quality ingredients and materials like paraffin waxes .
Scope Of The Report
Report Attributes
Report Details
Report Title
Paraffin wax candles Market Research Report
By Type
Scented, Unscented
By Application
Traditional Field, Craft Field
By Companies
Jarden Corp, Blyth, Bolsius, Colonial Candle, Candle-lite, S. C. Johnson & Son, Gies, Vollmar, Chesapeake Bay Candle, Kingking, Talent, Pintian Wax, Zhongnam, Langley/Emprire Candle, Allite, Everlight, Lancaster Colony, Armadilla Wax Works, Dianne' s Custom Candles
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Paraffin wax candles Market Report Segments:
The global Paraffin wax candles market is segmented on the basis of:
Types
Scented, Unscented
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
Traditional Field, Craft Field
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:
- Jarden Corp
- Blyth
- Bolsius
- Colonial Candle
- Candle-lite
- S. C. Johnson & Son
- Gies
- Vollmar
- Chesapeake Bay Candle
- Kingking
- Talent
- Pintian Wax
- Zhongnam
- Langley/Emprire Candle
- Allite
- Everlight
- Lancaster Colony
- Armadilla Wax Works
- Dianne' s Custom Candles
Highlights of The Paraffin wax 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:
- Scented
- Unscented
- By Application:
- Traditional Field
- Craft Field
- 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 Paraffin wax 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?
Paraffin wax candles are made from a waxy substance that is melted and poured into molds. The molten wax is then cooled and solidified, leaving the candle in its original shape.
Some of the major players in the paraffin wax candles market are Jarden Corp, Blyth, Bolsius, Colonial Candle, Candle-lite, S. C. Johnson & Son, Gies, Vollmar, Chesapeake Bay Candle, Kingking, Talent, Pintian Wax, Zhongnam, Langley/Emprire Candle, Allite, Everlight, Lancaster Colony, Armadilla Wax Works, Dianne' s Custom Candles.
The paraffin wax candles market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paraffin wax candles 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. Paraffin wax candles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Paraffin wax candles Market - Supply Chain
4.5. Global Paraffin wax candles Market Forecast
4.5.1. Paraffin wax candles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Paraffin wax candles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Paraffin wax candles Market Absolute $ Opportunity
5. Global Paraffin wax candles 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. Paraffin wax candles Market Size and Volume Forecast by Type
5.3.1. Scented
5.3.2. Unscented
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Paraffin wax candles 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. Paraffin wax candles Market Size and Volume Forecast by Application
6.3.1. Traditional Field
6.3.2. Craft Field
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Paraffin wax candles 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. Paraffin wax candles 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 Paraffin wax candles 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. Paraffin wax candles 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 Paraffin wax candles Demand Share Forecast, 2019-2026
9. North America Paraffin wax candles 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 Paraffin wax candles 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 Paraffin wax candles Market Size and Volume Forecast by Application
9.4.1. Traditional Field
9.4.2. Craft Field
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Paraffin wax candles Market Size and Volume Forecast by Type
9.7.1. Scented
9.7.2. Unscented
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 Paraffin wax candles Demand Share Forecast, 2019-2026
10. Latin America Paraffin wax candles 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 Paraffin wax candles 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 Paraffin wax candles Market Size and Volume Forecast by Application
10.4.1. Traditional Field
10.4.2. Craft Field
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Paraffin wax candles Market Size and Volume Forecast by Type
10.7.1. Scented
10.7.2. Unscented
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 Paraffin wax candles Demand Share Forecast, 2019-2026
11. Europe Paraffin wax candles 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 Paraffin wax candles 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 Paraffin wax candles Market Size and Volume Forecast by Application
11.4.1. Traditional Field
11.4.2. Craft Field
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Paraffin wax candles Market Size and Volume Forecast by Type
11.7.1. Scented
11.7.2. Unscented
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analsis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Paraffin wax candles Demand Share, 2019-2026
12. Asia Pacific Paraffin wax candles 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 Paraffin wax candles 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 Paraffin wax candles Market Size and Volume Forecast by Application
12.4.1. Traditional Field
12.4.2. Craft Field
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Paraffin wax candles Market Size and Volume Forecast by Type
12.7.1. Scented
12.7.2. Unscented
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 Paraffin wax candles Demand Share, 2019-2026
13. Middle East & Africa Paraffin wax candles 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 Paraffin wax candles 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 Paraffin wax candles Market Size and Volume Forecast by Application
13.4.1. Traditional Field
13.4.2. Craft Field
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Paraffin wax candles Market Size and Volume Forecast by Type
13.7.1. Scented
13.7.2. Unscented
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 Paraffin wax candles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Paraffin wax candles Market: Market Share Analysis
14.2. Paraffin wax candles Distributors and Customers
14.3. Paraffin wax candles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Jarden Corp
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Blyth
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bolsius
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Colonial Candle
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Candle-lite
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. S. C. Johnson & Son
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vollmar
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chesapeake Bay Candle
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kingking
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Talent
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pintian Wax
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhongnam
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Langley/Emprire Candle
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Allite
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Everlight
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lancaster Colony
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Armadilla Wax Works
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dianne' s Custom Candles
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
