The candle holder market has grown rapidly in recent years, with its size increasing from $0.62 billion in 2023 to $0.70 billion in 2024, representing a compound annual growth rate (CAGR) of 12.4%. This growth is driven by increased spending on home decor, the expansion of online retailing, rising demand for eco-friendly products, a surge in DIY home projects, and growing globalization. The market is projected to continue its rapid growth, reaching $1.13 billion in 2028 at a CAGR of 12.7%. This anticipated growth is attributed to rising demand for DIY and homemade products, an increase in events and celebrations, higher consumer investment in home aesthetics, a growing market for luxury home goods, and increasing demand for multifunctional products. Key trends for the forecast period include technological advancements, the integration of cultural artifacts, subscription box services, sustainable products, and evolving home decor styles.
Global Candle Holder Market Key Driver
The increasing popularity of e-commerce is expected to propel the growth of the candle holder market going forward. E-commerce, which encompasses buying and selling goods and services over the internet through various business models such as business-to-consumer (B2C) and business-to-business (B2B), is driven by the convenience of online shopping and the extensive product range available to consumers. By leveraging e-commerce, a candle holder business can expand its market reach, engage customers more effectively, streamline operations, and boost sales and brand recognition. For example, in May 2024, the United States Census Bureau reported that US retail e-commerce sales reached $289.2 billion in the first quarter of 2024, marking a 2.1% (±0.7%) increase compared to the fourth quarter of 2023. The growth in e-commerce is therefore expected to significantly enhance the candle holder market.
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Global Candle Holder Market Segments
The candle holder market covered in this report is segmented –
1) By Type: Desktop Candle Holders, Hanging Candle Holders, Wall mounted Candle Holders, Outdoor Candle Holders
2) By Material: Ceramic, Glass, Metal, Plastic
3) By Style: Traditional, Modern, Ornamental, Minimalist
4) By Distribution Channel: Online, Offline
5) By Application: Residential, Commercial, Institutional, Hospitality
By Geography:The regions covered in the candle holder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the candle holder market in 2023.
Major Candle Holder Industry Players
Bath & Body Works Direct Inc., Crate & Barrel, The Yankee Candle Company Inc., Pier 1 Imports Inc, West Elm, Mud Pie, Candle Warmers, Pavilion Gift Company, MyGift Enterprise LLC, Serene Spaces Living, NAPA Home & Garden, Aloha Bay, Black Tai Salt Co., Dlite Crafts, CraftsOfEgypt, The Hosley Store, Steven Bukowski LLC, The Candle Dux, Colonial Candle, Biedermann & Sons Inc., AzureGreen, Majestic Giftware Inc., E W Hannas Inc.
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Candle Holder Market Overview
A candle holder is a decorative or functional object designed to securely hold and support a candle. The primary purpose of a candle holder is to provide a stable base for the candle, prevent wax drips from damaging surfaces, and enhance the aesthetic appeal of the candlelight.
Candle Holder Global Market Report 2023 provides data on the global candle holder market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The candle holder market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
