Product Code: GVR-4-68040-386-4
Candle Holder Market Growth & Trends:
The global candle holder market was valued USD 3.27 billion in 2030 and is expected to grow at a CAGR of 7.4% over 2024 to 2030, according to a new report by Grand View Research, Inc. The market's growth is primarily driven by the rising consumer interest in homeware and home decor, particularly post-COVID-19. The demand for candle holders is fueled by the growing popularity of candles for creating a cozy ambiance in households, hotels, and spas. The increasing sales of decorative gifts such as candles and candle holders also contribute to the market's expansion. The pandemic's impact has led to a surge in demand for candles and home decor products, further driving the interest in candle holders.
The increasing preference for decorative home accessories to enhance living spaces is boosting the demand for aesthetically pleasing candle holders. Designers and architecture professionals are also contributing to innovation, creating holders with high aesthetic value, such as the Rotonda candle holders made from white waste marble. The focus on sustainable materials presents growth opportunities for the market.
The market growth is restrained by shifting consumer preferences towards alternative lighting options and modern decorative items, such as LED candles and flameless holders. The rising demand for substitutes may limit the traditional candle holder market's growth.
The rising demand for modern designs is driven by their versatility, space efficiency, and alignment with evolving consumer preferences and interior design trends. Celebrities and influencers, such as drummer Travis Barker's collaboration with Buster + Punch for the Skull Collection, play a role in setting trends and attracting interest from their fan base and followers. The influence of social media and celebrities contributes to the growing interest in modern styles and functionality.The shift towards minimalist and functional designs is projected to fuel the growth of minimalist styles in the candle holder market.
The global candle holder market is moderately fragmented, with the presence of various small and medium-sized companies, as well as large key players. Companies are focused on increasing their clientele through new product launches and innovative designs. Seasonal launches have become a common practice among companies, with product releases aligned with specific seasons, festivals, and events to capitalize on consumer preferences and demand.
Candle Holder Market Report Highlights:
- Ceramic candle holder sales are expected to grow at a CAGR of 8.5% during the forecast period, driven by their cost-effectiveness, aesthetic appeal, artisanal charm, customization options, eco-friendliness, heat resistance, and suitability as gifts
- Wall-mounted candle holders sales are projected to register the fastest growth rate from 2024 to 2030. The space-saving nature of wall-mounted candle holders makes them appealing for smaller living areas, contributing to their growing demand
- Candle holders for residential use accounted for a revenue share of 61.2% share in 2023. The demand is fueled by personal preferences and home decor choices, with consumers prioritizing creating safe and comfortable spaces. The need to add comfort to homes is the main motivation for purchasing home decor which is likely to drive the demand for candle holders in residential settings
- In 2023, modern candle holders dominated the market with a revenue share of 37.3%, surpassing traditional candle holders. Their rising demand is driven by their versatility and space efficiency, aligning with evolving consumer preferences and interior design trends
- E-commerce channel sales are projected to grow at a CAGR of 8.7% from 2024 to 2030, driven by the availability of a wide selection of home decor products and increasing digital penetration
- The Asia Pacific candle holder market is expected to witness the highest growth rate of 8.3% from 2024 to 2030 due to diverse cultural backgrounds leading to varied aesthetic preferences, driving demand for candle holders ranging from traditional to modern styles. The region's urbanization and modern lifestyles will also boost the demand for home decor products, including candle holders
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Information & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Material Outlook
- 2.3. Product Outlook
- 2.4. End user Outlook
- 2.5. Style Outlook
- 2.6. Distribution Channel Outlook
- 2.7. Regional Outlook
- 2.8. Competitive Landscape Snapshot
Chapter 3. Candle Holder Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales/Retail Channel Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Affecting Buying Behavior
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
Chapter 5. Candle Holder Market: Material Estimates & Trend Analysis
- 5.1. Candle Holder Market, By Material: Key Takeaways
- 5.2. Material Movement Analysis & Market Share, 2023 & 2030
- 5.3. Market Estimates & Forecasts, by material, 2018 - 2030 (USD Million)
- 5.3.1. Glass
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Ceramic
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.3. Metal
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.4. Others
- 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Candle Holder Market: Product Estimates & Trend Analysis
- 6.1. Candle Holder Market, By Product: Key Takeaways
- 6.2. Product Movement Analysis & Market Share, 2023 & 2030
- 6.3. Market Estimates & Forecasts, by product, 2018 - 2030 (USD Million)
- 6.3.1. Desktop
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Hanging
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. Wall-mounted
- 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Candle Holder Market: End user Estimates & Trend Analysis
- 7.1. Candle Holder Market, By End user: Key Takeaways
- 7.2. End user Movement Analysis & Market Share, 2023 & 2030
- 7.3. Market Estimates & Forecasts, by end user, 2018 - 2030 (USD Million)
- 7.3.1. Residential
- 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. Commercial
- 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Candle Holder Market: Style Estimates & Trend Analysis
- 8.1. Candle Holder Market, By Style: Key Takeaways
- 8.2. Style Movement Analysis & Market Share, 2023 & 2030
- 8.3. Market Estimates & Forecasts, by style, 2018 - 2030 (USD Million)
- 8.3.1. Modern
- 8.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2. Traditional
- 8.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3. Ornamental
- 8.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.4. Minimalist
- 8.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. Candle Holder Market: Distribution Channel Estimates & Trend Analysis
- 9.1. Candle Holder Market, By Distribution Channel: Key Takeaways
- 9.2. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
- 9.3. Market Estimates & Forecasts, by distribution channel, 2018 - 2030 (USD Million)
- 9.3.1. Offline
- 9.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.2. Supermarkets & Hypermarkets
- 9.3.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.3. Specialty Stores
- 9.3.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2. Online
- 9.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.2. E-Commerce Websites
- 9.3.2.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.3. Company Owned Websites
- 9.3.2.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 10. Candle Holder Market: Regional Estimates & Trend Analysis
- 10.1. Candle Holder Market: Regional Outlook
- 10.2. Regional Marketplaces: Key Takeaways
- 10.3. Market Estimates & Forecasts, by region, 2018 - 2030 (USD Million)
- 10.3.1. North America
- 10.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.1.2. U.S.
- 10.3.1.2.1. Key country dynamics
- 10.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.1.3. Canada
- 10.3.1.3.1. Key country dynamics
- 10.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.1.4. Mexico
- 10.3.1.4.1. Key country dynamics
- 10.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.2. Europe
- 10.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.2.2. Germany
- 10.3.2.2.1. Key country dynamics
- 10.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.2.3. UK
- 10.3.2.3.1. Key country dynamics
- 10.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.2.4. France
- 10.3.2.4.1. Key country dynamics
- 10.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.2.5. Italy
- 10.3.2.5.1. Key country dynamics
- 10.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.2.6. Spain
- 10.3.2.6.1. Key country dynamics
- 10.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.3. Asia Pacific
- 10.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.3.2. China
- 10.3.3.2.1. Key country dynamics
- 10.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.3.3. Japan
- 10.3.3.3.1. Key country dynamics
- 10.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.3.4. India
- 10.3.3.4.1. Key country dynamics
- 10.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.3.5. Australia
- 10.3.3.5.1. Key country dynamics
- 10.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.4. Central & South America
- 10.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.4.2. Brazil
- 10.3.4.2.1. Key country dynamics
- 10.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.5. Middle East & Africa
- 10.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.5.2. South Africa
- 10.3.5.2.1. Key country dynamics
- 10.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 10.3.5.3. UAE
- 10.3.5.3.1. Key country dynamics
- 10.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 11. Candle Holder Market: Competitive Analysis
- 11.1. Recent developments & impact analysis, by key market participants
- 11.2. Company Categorization
- 11.3. Participant's Overview
- 11.4. Financial Performance
- 11.5. Product Benchmarking
- 11.6. Company Market Share Analysis, 2023 (%)
- 11.7. Company Heat Map Analysis
- 11.8. Strategy Mapping
- 11.9. Company Profiles
- 11.9.1. The A.I. Root Company
- 11.9.1.1. Company Overview
- 11.9.1.2. Financial Performance
- 11.9.1.3. Product Portfolios
- 11.9.1.4. Strategic Initiatives
- 11.9.2. Bath & Body Works
- 11.9.2.1. Company Overview
- 11.9.2.2. Financial Performance
- 11.9.2.3. Product Portfolios
- 11.9.2.4. Strategic Initiatives
- 11.9.3. Aloha Bay
- 11.9.3.1. Company Overview
- 11.9.3.2. Financial Performance
- 11.9.3.3. Product Portfolios
- 11.9.3.4. Strategic Initiatives
- 11.9.4. AzureGreen
- 11.9.4.1. Company Overview
- 11.9.4.2. Financial Performance
- 11.9.4.3. Product Portfolios
- 11.9.4.4. Strategic Initiatives
- 11.9.5. The Yankee Candle Company, Inc.
- 11.9.5.1. Company Overview
- 11.9.5.2. Financial Performance
- 11.9.5.3. Product Portfolios
- 11.9.5.4. Strategic Initiatives
- 11.9.6. Black Tai Salt Co.
- 11.9.6.1. Company Overview
- 11.9.6.2. Financial Performance
- 11.9.6.3. Product Portfolios
- 11.9.6.4. Strategic Initiatives
- 11.9.7. Pavilion Gift Company
- 11.9.7.1. Company Overview
- 11.9.7.2. Financial Performance
- 11.9.7.3. Product Portfolios
- 11.9.7.4. Strategic Initiatives
- 11.9.8. Woodbury Pewterers, Inc.
- 11.9.8.1. Company Overview
- 11.9.8.2. Financial Performance
- 11.9.8.3. Product Portfolios
- 11.9.8.4. Strategic Initiatives
- 11.9.9. Hosley
- 11.9.9.1. Company Overview
- 11.9.9.2. Financial Performance
- 11.9.9.3. Product Portfolios
- 11.9.9.4. Strategic Initiatives
- 11.9.10. L&L Candle Company, LLC
- 11.9.10.1. Company Overview
- 11.9.10.2. Financial Performance
- 11.9.10.3. Product Portfolios
- 11.9.10.4. Strategic Initiatives