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The Spain Candle market size is projected to grow at a CAGR of 2.50% between 2025 and 2034. The market is being aided by the rising environmental consciousness and a surge in the demand for sustainable candles.
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In 2025, consumption of candles and tapers decreased by -20% to 29K tons for the first time since 2016, thus ending a five-year rising trend. The value of the candles and tapers market in Spain fell slightly to $106M in 2025, therefore, remained relatively stable against the previous year.
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The demand-side trends help the eco-friendly candle market elevate from US$ 379.1 million to US$ 725.1 million from 2024 to 2034. This escalation will likely be attributed to a moderate CAGR of 6.7%, providing sustainable candle market opportunities.
Attributes | Key Insights |
---|---|
Estimated Market Size in 2024 | US$ 379.1 million |
Projected Market Value in 2034 | US$ 725.1 million |
Value-based CAGR from 2024 to 2034 | 6.7% |
Demand Analysis of the Eco-friendly Candle Market from 2019 to 2023 vs. Outlook from 2024 to 2034
Historical CAGR from 2019 to 2023 | 6.1% |
---|---|
Forecast CAGR from 2024 to 2034 | 6.7% |
Country-wise Analysis
Countries | Forecasted CAGR |
---|---|
Spain | 6% |
Canada | 7.7% |
China | 8.3% |
Japan | 8.7% |
India | 9.5% |
Category-wise Insights
Category | Material (Plant-based wax) |
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Market Share in 2024 | 29.4% |
Market Segment Drivers |
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Category | Fragrance Type (Essential oils) |
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Market Share in 2024 | 32.7% |
Market Segment Drivers |
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Report Scope
Attributes | Details |
---|---|
Estimated Market Size in 2024 | US$ 379.1 million |
Projected Market Valuation in 2034 | US$ 725.1 million |
Value-based CAGR 2024 to 2034 | 6.7% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in US$ million |
Key Regions Covered |
|
Key Market Segments Covered |
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Key Companies Profiled |
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The global market size of Luxury Wax Candles is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Luxury Wax Candles Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Luxury Wax Candles industry. The key insights of the report:
1.The report provides key statistics on the market status of the Luxury Wax Candles manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Luxury Wax Candles industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Luxury Wax Candles Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Luxury Wax Candles as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Luxury Wax Candles market
* Paraffin
* Synthetic
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Traditional Field
* Craft Field
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 443 million |
Revenue Forecast in 2034 | USD 978 million |
Growth Rate | CAGR of 9.2% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 406 million |
Growth Opportunity | USD 573 million |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD million and Industry Statistics |
Market Size 2024 | 406 million USD |
Market Size 2027 | 528 million USD |
Market Size 2029 | 630 million USD |
Market Size 2030 | 688 million USD |
Market Size 2034 | 978 million USD |
Market Size 2035 | 1.07 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Product Type, End-User, Material, Design |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., UK, Germany, France, Canada - Expected CAGR 6.7% - 9.7% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | Brazil, India, South Africa - Expected Forecast CAGR 8.8% - 11.5% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Religious Institutions and Hospitality End-User |
Top 2 Industry Transitions | Embracing Eco-Friendly Production, Incorporation of Smart Technology |
Companies Profiled | Yankee Candle Company, Bath & Body Works, Jo Malone London, Nest Fragrances, PartyLite, Gold Canyon, Scentsy, White Barn, WoodWick, Village Candle, Kringle Candle Company and Goose Creek Candle |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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Spain paraffin wax to grow 6.20% CAGR by 2030, fueled by industrial and artisanal candle production.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2023 |
REGIONS COVERED | North America, Europe, APAC, South America, MEA |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2024 | 4.34(USD Billion) |
MARKET SIZE 2025 | 4.62(USD Billion) |
MARKET SIZE 2035 | 8.5(USD Billion) |
SEGMENTS COVERED | Fragrance Type, Material, Candle Size, Distribution Channel, Regional |
COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
KEY MARKET DYNAMICS | Growing consumer wellness trends, Rising demand for home fragrances, Increasing popularity of eco-friendly products, Diverse fragrance options available, Expanding online retail growth |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Candlelite, Joyce's Candles, Kongy Candle, ScentSationals, Pura Vida, Rituals Cosmetics, Nest Fragrances, Voluspa, Woodwick, Yankee Candle, Bath & Body Works, Luminara, Lucky Brand, Homesick, Paddywax, Diptyque |
MARKET FORECAST PERIOD | 2025 - 2035 |
KEY MARKET OPPORTUNITIES | Eco-friendly candle options, Expansion into e-commerce, Customization and personalization trends, Aromatherapy integration, Seasonal and limited edition scents |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.3% (2025 - 2035) |
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The Spain Candle market size is projected to grow at a CAGR of 2.50% between 2025 and 2034. The market is being aided by the rising environmental consciousness and a surge in the demand for sustainable candles.