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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Investment Chapter

Capital intensity for the Candle Manufacturing industry is low. The typical industry player spends about $0.06 on capital investments for every dollar spent on labor. Depreciation costs account for only about 1.1% of industry revenue while wages represent nearly 20.0%. 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 2017. 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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