Industry Analysis & Industry Trends
Although candle manufacturers experienced some recessionary declines, revenue has risen over the past five years. Over the next five years, rising disposable incomes will support consumer purchases of these highly discretionary products, giving industry revenue a much-needed boost. However, rising input costs are set to pressure the industry's profit growth potential.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Candle Manufacturing industry has a medium level of concentration, with the largest firm, The Yankee Candle Company, generating over half of the industry's revenue at 50.6%. Industry concentration has increased somewhat during recent years due Yankee Candle's growing revenue. Pacific Trade International Inc. opened its first manufacturing facility in the United States in 2011. At the same time, numerous candle manufacturers have fully or partially outsourced production due to the availability of cheap labor and raw materials overseas.
The largest industry player, The Yankee Candle Company, manufactures over 75.0% of its products at a facility in Whately, MA, with the remainder made in California... purchase to read more