As per their “Candle Market” Report, the global market was valued at USD 7.7 billion in 2024, growing at a CAGR of about 6.30% during the forecast period from 2025 - 2033 to reach USD billion by 2033.

The candle market has witnessed a bolstered growth in recent years in Europe, driven mainly by changed consumer preferences and lifestyle trends, and harsh, cold climatic conditions in Europe. Europe accounts for about 60% of the worldwide candle import market. Apart from providing ambience and they are also an important constituent in the sector trends of wellness and cocooning at home. The innovative designs, scents, and packaging have enabled manufacturers to cater to diverse tastes, further boosting the market appeal. Europe's candle market offers an entrancing glimpse of the intersection of tradition and modern living with its range of luxurious handcrafted candles to functional aromatherapy products. Moreover, it can also be customized, such as adding value to the candles with sustainable elements, ingredients, craftsmanship, gift packaging, and fun designs. The rise in the use of home decor, eco-friendly, and sustainable products has catalyzed the popularity of candles made from natural materials like soy, beeswax, and coconut wax. The acceptance and penetration rate of traditional home fragrance products, such as volatile liquid home fragrance products and solid home fragrance products, is relatively high in the EU market.

According to the UN Comtrade, 2022, Germany remained Europe’s leading candle importer with 22% of imports, followed by the UK (14%) and the Netherlands (10%).

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European countries are boosting the growth of the candle market

Germany has been the largest candle importer in 2022, as 90% of the German consumers bought home wellness products such as scented candles. Poland supplied about the major share of the candle imports. After Brexit, the United Kingdom also held a major share in the import of candles. Further, the Netherlands and France lead the candle imports. Belgium and Austria also held significant shares in the candle import. According to the World Integrated Trade Solution, 2022, after the United States, Germany, and the European Union held major positions in the trade value and quantity of imports.

The need for sustainable and eco-friendly products in the candle market

Candles are usually produced in a controlled, factory environment. A variety of SA- or BSCI-based forms of social compliance is becoming the norm. In the more handmade segment, candles are traditionally a popular fair-trade product. The World Fair Trade Organization (WFTO) Guarantee System is a major label for this part of the industry. There has been much debate about replacing paraffin with renewable raw materials, as paraffin wax is derived from petroleum products. Plant-based ingredients, organic wax, and palm wax are increasingly used to offer a more sustainable alternative. For example, soy wax, beeswax candles have secured a niche position in the product group. Sustainability relates to the social and environmental aspects of the value chain of the making of candles, which often offer a mix of natural ingredients and handmade production. This includes the use and sourcing of raw materials, the processing and manufacturing phase, transport, consumer use, waste, and disposal.

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The increased wellness and self-care trend is boosting the candle market in Europe

The candle market in Europe continues to expand, fuelled by the evolving consumer preferences of wellness, sustainable living, and aesthetic appeal. Moreover, the paradigm relocation from traditional functionality to the symbol of ambiance and luxury has opened new avenues for innovation. Vivid options, such as eco-friendly materials to creative design, and fragrances, have increased the demand in the home decor and gift sectors, depicting the blend of tradition and modernity. As consumers prioritize quality and sustainability, the European candle industry is strategically placed for further growth and diversification in the coming years. According to the UnivDatos increasing disposable income, surge in demand for home ambience products, rising popularity of aromatherapy and self-care, and the growing wellness and self-care trend drive the Candle market.

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