Product Code: GVR-4-68040-054-7
Luxury Candle Market Growth & Trends:
The global luxury candle market size is expected to reach USD 1,181.9 million in 2030 and is projected to grow at a CAGR of 12.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Absence of toxin emissions while burning luxury candles, increasing demand for aromatherapy and spa treatments, rising demand for home fragrances, coupled with high adoption of luxury candles as a means of enhancing the aesthetics and ambiance of home spaces is driving the market growth.
Luxury candles have become more widely used in commercial settings over the past few years. For a calming impact, many spa and massage facilities use candles infused with essential oils. Luxury candles are in high demand as saunas and aromatherapy become more and more popular. Similarly, restaurants and fine dining establishments have been utilizing these goods more frequently to provide their patrons with a stunning and fragrant environment.
The growing disposable income of younger generations and their readiness to invest in home decor are the main factors driving the market for luxury candles. While it is common knowledge that candles are less expensive than bags or shoes, fashion companies are entering the market with astronomical prices. Gucci, for instance, introduced two candle brands with prices beginning at USD 300. Esotericum, XL feline head candle from the clothing brand costs USD 790 at retail.
The increase in self-care is a key element fueling the candle boom. A variety of wellness accessories for the house are frequently offered for sale by players in the wellness industry, particularly lifestyle-wellness hybrids like Goop and Honest. Additionally, Candles are increasingly common in beauty kits and gift sets as the beauty industry uses the concepts of rituals and faith to market products.
COVID-19 played an important role in the increased adoption of candles. In 2020, candles transformed people's quarantine experiences. Moreover, e-commerce vendors are marketing artistically-designed candles with sculptural shapes and crafting, which has further boosted consumer interest in luxury candles. Although candles are not a seasonal business, regular candle buyers purchase new ones year-round. According to National Candle Association (NCA), around 35% of candle sales happen in the U.S. during Christmas and the holiday season.The non-seasonal candle business is responsible for around 65% of sales. Over 64% of consumers buy scented candles to gift their friends and families for various occasions.
Luxury Candle Market Report Highlights:
- Growing consumer interest in home fragrances and self-care rituals is a notable driver for the global candle industry. Candles have evolved from simple lighting sources to integral components of personal wellness routines.
- Consumer preferences are closely tied to ambiance creation, relaxation, and home aesthetics, which explains why the living room (42%), kitchen (18%), and bedroom (13%) are the most common spaces for candle usage, as per the National Candle Association.
- Luxury scented candles accounted for a market revenue share of 89.7% in 2024. Demand for these is rising due to increasing wellness and self-care trends, with consumers seeking relaxation and ambiance-enhancing products.
- Luxury candles with floral fragrances accounted for a market share of 26.8% in 2024. Floral fragrances are popular due to their ability to evoke happiness, relaxation, and calmness while reducing stress and anxiety.
- Luxury container candles held a market share of 52.1% in 2024. These candles offer safety and convenience and can enhance ambiance with scent and light.
- The luxury candle industry in North America accounted for a revenue share of 30.8% in 2024. driven by evolving consumer preferences and increasing demand from both residential and commercial sectors.
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 Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Regional Snapshot
- 2.4. Competitive Landscape Snapshot
Chapter 3. Luxury Candle Market: Industry Outlook
- 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 and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Product Adoption
- 4.5. Observations & Recommendations
Chapter 5. Luxury Candle Market: Type Estimates & Trend Analysis
- 5.1. Luxury Candle Market, By Type: Key Takeaways
- 5.2. Type Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Million)
- 5.3.1. Scented
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Non-Scented/Decorative
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Luxury Candle Market: Fragrance Estimates & Trend Analysis
- 6.1. Luxury Candle Market, By Fragrance: Key Takeaways
- 6.2. Fragrance Movement Analysis & Market Share, 2024 & 2030
- 6.3. Market Estimates & Forecasts, By Fragrance, 2018 - 2030 (USD Million)
- 6.3.1. Floral
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Fruity & Citrus
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. Woody & Earthy
- 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.4. Gourmand
- 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.5. Spicy & Warm
- 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.6. Herbal & Green
- 6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.7. Blended
- 6.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.8. Others
- 6.3.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Luxury Candle Market: Product Estimates & Trend Analysis
- 7.1. Luxury Candle Market, By Product: Key Takeaways
- 7.2. Product Movement Analysis & Market Share, 2024 & 2030
- 7.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Million)
- 7.3.1. Votive
- 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. Container
- 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.3. Pillars
- 7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.4. Tapers
- 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.5. Others
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Luxury Candle Market: Wax Estimates & Trend Analysis
- 8.1. Luxury Candle Market, By Wax: Key Takeaways
- 8.2. Wax Movement Analysis & Market Share, 2024 & 2030
- 8.3. Market Estimates & Forecasts, by Wax, 2018 - 2030 (USD Million)
- 8.3.1. Paraffin
- 8.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2. Soy Wax
- 8.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3. Bees Wax
- 8.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.4. Palm Wax
- 8.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.5. Others
- 8.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. Luxury Candle Market: Regional Estimates & Trend Analysis
- 9.1. Luxury Candle Market: Regional Outlook
- 9.2. Regional Marketplaces: Key Takeaways
- 9.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
- 9.3.1. North America
- 9.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.2. U.S.
- 9.3.1.2.1. Key country dynamics
- 9.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.3. Canada
- 9.3.1.3.1. Key country dynamics
- 9.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.4. Mexico
- 9.3.1.4.1. Key country dynamics
- 9.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2. Europe
- 9.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.2. UK
- 9.3.2.2.1. Key country dynamics
- 9.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.3. Germany
- 9.3.2.3.1. Key country dynamics
- 9.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.4. France
- 9.3.2.4.1. Key country dynamics
- 9.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.5. Italy
- 9.3.2.5.1. Key country dynamics
- 9.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.6. Spain
- 9.3.2.6.1. Key country dynamics
- 9.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3. Asia Pacific
- 9.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.2. China
- 9.3.3.2.1. Key country dynamics
- 9.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.3. India
- 9.3.3.3.1. Key country dynamics
- 9.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.4. Japan
- 9.3.3.4.1. Key country dynamics
- 9.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.5. South Korea
- 9.3.3.5.1. Key country dynamics
- 9.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.6. Australia & New Zealand
- 9.3.3.6.1. Key country dynamics
- 9.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.4. Latin America
- 9.3.4.1. Brazil
- 9.3.4.1.1. Key country dynamics
- 9.3.4.1.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.5. Middle East & Africa
- 9.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.5.2. South Africa
- 9.3.5.2.1. Key country dynamics
- 9.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.5.3. UAE
- 9.3.5.3.1. Key country dynamics
- 9.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 10. Luxury Candle Market: Competitive Analysis
- 10.1. Recent Developments & Impact Analysis, by Key Market Participants
- 10.2. Company Categorization
- 10.3. Participant's Overview
- 10.4. Financial Performance
- 10.5. Product Benchmarking
- 10.6. Company Market Share Analysis, 2024 (%)
- 10.7. Company Heat Map Analysis
- 10.8. Strategy Mapping
- 10.9. Company Profiles
- 10.9.1. Bridgewater Candle Company
- 10.9.1.1. Company Overview
- 10.9.1.2. Financial Performance
- 10.9.1.3. Product Portfolios
- 10.9.1.4. Strategic Initiatives
- 10.9.2. Jo Malone London
- 10.9.2.1. Company Overview
- 10.9.2.2. Financial Performance
- 10.9.2.3. Product Portfolios
- 10.9.2.4. Strategic Initiatives
- 10.9.3. L'Artisan Parfumeur
- 10.9.3.1. Company Overview
- 10.9.3.2. Financial Performance
- 10.9.3.3. Product Portfolios
- 10.9.3.4. Strategic Initiatives
- 10.9.4. Celine
- 10.9.4.1. Company Overview
- 10.9.4.2. Financial Performance
- 10.9.4.3. Product Portfolios
- 10.9.4.4. Strategic Initiatives
- 10.9.5. Loewe
- 10.9.5.1. Company Overview
- 10.9.5.2. Financial Performance
- 10.9.5.3. Product Portfolios
- 10.9.5.4. Strategic Initiatives
- 10.9.6. L'OBJET
- 10.9.6.1. Company Overview
- 10.9.6.2. Financial Performance
- 10.9.6.3. Product Portfolios
- 10.9.6.4. Strategic Initiatives
- 10.9.7. Le Labo
- 10.9.7.1. Company Overview
- 10.9.7.2. Financial Performance
- 10.9.7.3. Product Portfolios
- 10.9.7.4. Strategic Initiatives
- 10.9.8. Diptyque S.A.S
- 10.9.8.1. Company Overview
- 10.9.8.2. Financial Performance
- 10.9.8.3. Product Portfolios
- 10.9.8.4. Strategic Initiatives
- 10.9.9. Byredo
- 10.9.9.1. Company Overview
- 10.9.9.2. Financial Performance
- 10.9.9.3. Product Portfolios
- 10.9.9.4. Strategic Initiatives
- 10.9.10. Penhaligon's Ltd.
- 10.9.10.1. Company Overview
- 10.9.10.2. Financial Performance
- 10.9.10.3. Product Portfolios
- 10.9.10.4. Strategic Initiatives