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. 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.

The Candle Market is witnessing remarkable growth due to the increased usage of candles in interior design, the increased use of different kinds of candles in healing spas, increased trend of gifting. Increased popularity of internet shopping, at-home entertainment, and self-care routines are driving the market growth. Below are some of the key companies leading the charge in the manufacturing, processing, and supply of Candle products and services.

Bath & Body Works, Inc.

Bath & Body Works, Inc. operates as a specialty retailer of home fragrance, personal and body care, soaps, and sanitizer products. The company offers body and home fragrances, including 3-wick candles, home fragrance diffusers, fine fragrance mists, liquid hand soaps, body lotions, and body creams. It sells its products under the Bath & Body Works, White Barn, and other brand names through retail stores and e-commerce sites in the United States and Canada, as well as through international stores operated by partners under franchise, license, and wholesale arrangements. The company was formerly known as L Brands, Inc. and changed its name to Bath & Body Works, Inc. in August 2021. Bath & Body Works, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

Le Labo (The Estee Lauder Companies Inc.)

Le Labo Inc. manufactures perfumes and fragrances. It offers bergamot, rose, vetiver, neroli, orange blossom, patchouli, iris, ambrette, jasmine, labdanum, agarwood, sandalwood, ylang ylang, and lily solutions. The company was incorporated in 2005 and is based in New York, New York. Le Labo Inc. operates as a subsidiary of The Estée Lauder Companies Inc.

Wax Lyrical Limited (Portmeirion Group plc.)

Wax Lyrical Limited manufactures home fragrance products. It offers scented candles, reed diffusers, accessories, unfragranced candles, car fresheners, oils and wax melts, potpourri and scented spheres, and room sprays. The company also provides gifts for various occasions, including Father's Day, spring, summer, and weddings. It sells its products through its own retail outlets and online store, as well as other retailers and grocery stores in the United Kingdom and internationally. Wax Lyrical Limited was formerly known as Colony Gifts Corporation Ltd. and changed its name to Wax Lyrical Limited in June 2010. The company was founded in 1980 and is based in Ulverston, United Kingdom. It has retail outlets in Cumbria, Manchester, Colne, Walsall, Rotherham, and Shiremoor, United Kingdom. As of May 5, 2016, Wax Lyrical Limited operates as a subsidiary of Portmeirion Group plc.

Diptyque S.A.S.

Diptyque S.A.S. provides fragrances and face and body care products. It offers solid perfumes, roll-ons, travel sprays, boutique exclusives, multi-use perfumes, and other products. The company also provides winter scents, diffuser collections, scented ovals, room sprays, accessories and photophores, and scent combinations, as well as standard, mini, colored, and indoor/outdoor candles, and gifts. It offers its products through stores in France, London, Dubai, New York City, and San Francisco; retailers worldwide; and online. Diptyque S.A.S. was founded in 1961 and is based in Paris, France.

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The Yankee Candle Company, Inc. (Newell Brands Inc.)

The Yankee Candle Company, Inc. manufactures and sells scented candles. The company provides outdoor, signature, jar, tumbler, pillar, 3-wick, and sampler votive candles; returning favorites; and Yankee candle minis. It also offers home and car fragrance products, candle accents, and accessories. The company sells its products through company-owned stores as well as through catalogs, online business, and a wholesale customer network in the United States. Furthermore, the company provides jar, tumbler, pillar, vase, tea light, votive, and collegiate jar candles; and candle accessories, including candle holders, candle trays, candle shades, candle toppers, candle jewelry products, wax warmers, fragrance oil warmers, candle tools, and fragrance sphere holders. The Yankee Candle Company, Inc. was founded in 1969 and is based in South Deerfield, Massachusetts, with additional offices in Williamsburg, Virginia, and High Point, North Carolina. As of August 4, 2023, The Yankee Candle Company, Inc. operates as a subsidiary of Newell Brands Inc.

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