Is the candle business dying? Hive and Honey code inside.

Worldwide stats and the state of the candle business

Author

Jeff Standley
September 25, 2024

Discount code for Hive and Honey below!

Candle stats worldwide

  • In 2024, the revenue in the Candles market Segment worldwide amounts to a staggering US$11.11bn.

  • It is projected that this market will experience an annual growth rate of 3.43% (CAGR 2024-2029).

  • When compared to other countries globally, in the United States generates the highest revenue in this segment, with US$2,346m in 2024.

  • Taking into account the total population figures, the per person revenue worldwide is estimated to be 0.00 in 2024.

  • Despite the growing popularity of electronic alternatives, the demand for traditional candles remains strong in many countries, including Worldwide.

Candles - Worldwide | Statista Market Forecast

The Candles market worldwide is projected to grow by 3.43% (2024-2029) resulting in a market volume of US$13.15bn in 2029.

www.statista.com/outlook/cmo/furniture/home-decor/candles/worldwide

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