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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 | Jul 2015

Burning up: Rising disposable incomes will bolster revenue while falling input prices will raise margins

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 10-15
2.7%
Annual Growth 15-20
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Profit
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Employment
6,065
Businesses
400
Industry Analysis & Industry Trends

Over the past five years, improving incomes and the introduction of a variety of scented and colored candles has helped the industry recover from lows incurred during the recession. Going forward, the Candle Manufacturing industry is expected to continue benefiting from growing demand for candles domestically and abroad. In turn, this will be underpinned by rising disposable spending and a sustained preference for candles as scented and colored additives to rooms and households. Still, the industry is expected to continue dealing with challenges such as competitive substitutes (e.g. flowers), low-price imported candles and high-plastic input costs.... purchase to read more

Industry Report - Industry Investment Chapter

Capital intensity for the Candle Manufacturing industry is low. The typical industry player spends about $0.09 on capital investments for every dollar spent on labor. Depreciation costs account for a much smaller share of costs than labor. Candle making is a very labor-intensive process and while some automation has been achieved by the industry, it remains a craft. Workers place a cotton wick into wax that is then molded, extruded and shaped. Capital intensity has increased only slightly over the past five years and is not forecast to grow over the five years to 2020. Companies are more likely to gain consumer attention if their candles are handmade and unique... 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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