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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 | Sep 2014

Burning up: Domestic and international demand for candles will underpin industry performance

IBISWorld’s Candle Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
The Yankee Candle Company The Yankee Candle Company market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
1.3%
Annual Growth 14-19
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Profit
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Employment
6,098
Businesses
361
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 $0.07 on capital investments for every dollar spent on labor. Depreciation costs account for only about 1.5% of industry revenue while wages represent nearly 20.1%. 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 2019. 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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