Candle Market to Record High Demand by 2017 - 2021
Posted by Kusum Saonerkar on July 7th, 2017
For the past few years, the candle industry grows smoothly. China is the main raw materials for the production of candle, meanwhile, combining with favorable tax policies and large number of available labor, at the same time, Chinese manufacturers are improving their technology, consequently, China is a major exporter of the candle in the future. Taking culture and religion into consideration, candle market has a certain potential in Europe, USA.
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Over the past few years, improving incomes and the introduction of a variety of scented and colored candles has helped the industry recover from lows incurred during the recession. Going forward, the Candle Manufacturing industry is expected to continue benefiting from growing demand for candles domestically and abroad. In turn, this will be underpinned by rising disposable spending and a sustained preference for candles as scented and colored additives to rooms and households.
Barriers to entry in the Candle Manufacturing industry are low. Production inputs, such as wax, fragrances and colorants are cheap and relatively easy to source, enabling and encouraging entry during periods of high demand and promising profit margins. In addition, financing for a small production facility and relevant equipment is usually accessible, particularly during periods of low interest rates.
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In 2016, the global production of candle reaches over 1676540 MT. It is expected to keep about 3.0%-3.7% in next 5 years. The consumption areas of candle are mainly North America and Europe. Europe is the largest consumer in the world, which occupied about 43.93% in 2015.
Scope of the Report:
This report focuses on the Candle in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, Portugal, UK, Poland and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America, Middle East and Africa
Market Segment by Type, covers
Animal Wax Candles
Vegetable Wax Candles
Paraffin Wax Candles
Synthetic Wax Candles
Market Segment by Applications, can be divided into
Key chapters for this report:
There are 14 Chapters to deeply display the global Candle market.
Chapter 1, to describe Candle Introduction, product scope, market overview, SWOT Analysis;
Chapter 2, to analyze the top manufacturers of Candle, with revenue of Candle, in 2011 and 2016;
Chapter 3, to display the competitive situation among the top manufacturers, with revenue and market share in 2011 and 2016;
Chapter 4, to show the global market by regions, with revenue and market share of Candle, for each region, from 2011 to 2016;
Chapter 5, 6, 7 and 8, to analyze the key regions, with revenue and market share by key countries in these regions;
Chapter 9 and 10, to show the market by type and application, with revenue market share and growth rate by type, application, from 2011 to 2016;
Chapter 11, Candle market forecast, by regions, type and application, with revenue, from 2016 to 2021;
Chapter 12, 13 and 14, to describe Candle sales channel, Conclusion, Research Findings and Conclusion, appendix and data source.
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About the AuthorKusum Saonerkar
Joined: May 19th, 2017
Articles Posted: 580
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