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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 SWOT Analysis Chapter

The Candle Manufacturing industry is in the mature stage of its life cycle. IBISWorld estimates that the industry's value added (IVA), which measures contribution to economic output, will increase an annualized 3.6% in the 10 years to 2020. This is only slightly higher than the expected growth of US GDP over the period, estimated at 2.5% per year on average. IVA growth is expected to mirror GDP growth in the long run.

A number of other factors point to this conclusion, including moderate growth in the number of industry operators and a set product portfolio. As consumers' income levels grow, demand for candles increases and causes the industry to expand slowly... 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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