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Candle Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Candle Manufacturing Market Research Report | Consumer Goods & Services | Houseware Manufacturing | Oct 2012

Well Scented: Consumers will resume candle purchases as incomes and the economy recover

IBISWorld’s Candle Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
The Yankee Candle Company The Yankee Candle Company market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 07-12
0.9%
Annual Growth 12-17
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Profit
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Employment
7,041
Businesses
413
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 SWOT Analysis Chapter

While the industry's value added (IVA) – the measure of its contribution to the US economy – is forecast to grow a mere 0.1% per year on average over the 10 years to 2017, the Candle Manufacturing industry is mature. The recession ravaged IVA over the past five years as profit declined; IBISWorld estimates that IVA has declined at an average annual rate of 3.1% since 2007. However, a rebound in consumer spending will push IVA up at an annualized rate of 3.5% over the next five years. A number of other factors point to this conclusion, including a growing number of industry establishments and a set product portfolio.

Despite the recession, the number of industry participants has grown at an average annual rate of 0.1% from 2007 to 2012... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Candle Manufacturing Industry?

This industry manufactures scented and unscented candles.

Industry Products
Votive candlesPillar candlesCandles in jars or containersTaper candlesOther types of candles
 
Industry Activities
Manufacturing container-filled candlesManufacturing pillar candlesManufacturing votive candlesManufacturing taper candlesManufacturing tealight candlesManufacturing floating candlesManufacturing gel candles


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