Report Overview

The Australia candle market is expected to grow at a CAGR of 4.41% between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • As per the ABS, New South Wales led in cultural expenditure, reaching approximately AUD 1,200 million in 2021-22.
  • Further, the cultural spending in ACT rose from about AUD 80 million in 2019-20 to over AUD 100 million in 2021-22.
  • In 2021-22, the national trade balance for honey and beeswax showed a surplus of AUD 4.3 million.

Australia Candle Market Growth

Compound Annual Growth Rate

Value in AUD Million

4.41%

2024-2032


Australia Candle Market Outlook

*this image is indicative*

Candles serve diverse purposes including ambience, decoration, emergency lighting, aromatherapy, gifts, memorials, insect repellent, retail decor, and cultural symbolism globally.

The candle market is classified into votives, container candles, pillars, tapers, and others, based on the product type. Container candles are convenient and safer to use compared to traditional pillar or taper candles as they contain the wax within a vessel, reducing the risk of wax spillage and fire hazards. Container candles are popular choices for gifts due to their decorative appeal, versatility, and ability to offer soothing aromas.

In May 2024, Thinkerbell introduced a new line of candles called Scene: Scents in Australia. These candles revolutionize home entertainment by infusing scents that evoke memorable TV moments, enhancing the viewing experience.

Due to the increasing environmental concerns, the use of eco-friendly candles made from materials like soy wax, beeswax, and coconut wax is rising. Moreover, to cater for the different preferences of consumers, the development of customised candles with unique fragrances and packaging is increasing. Furthermore, the integration of smart technology into candles, such as remote-controlled features and LED lighting, provides enhanced user experiences, resulting in boosting the development of the candle market in Australia.

Australia Candle Market Segmentation

Australia Candle Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Raw Material

  • Paraffin 
  • Soy Wax
  • Beeswax
  • Palm Wax
  • Others

Market Breakup by Product Type

  • Votive
  • Container Candle
  • Pillars
  • Tapers
  • Others

Market Breakup by Application

  • Residential
  • Commercial

Market Breakup by Distribution Channel

  • Online
  • Offline
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Candle Market Share

Australia candle market growth is primarily driven by a surge in commercial applications, which involve purchasing candles in bulk for creating ambience, corporate gifts, hospitality needs, event decor, retail demands, customization options, and regular repeat orders.

Leading companies in the Australia candle market

The growth of the candle market is fueled by the rise in the evolving consumer preferences for sustainability, wellness, customization, and luxury in home decor and personal care products.

  • Three Suns
  • Maisey Candles Pty Ltd.
  • Lemon Canary
  • Inoko Pty Ltd.
  • Sassy Soy Candles
  • Coco Luxe Life Pty Ltd.
  • Sapphire Group Pty Limited
  • Hutwoods Holdings Pty Ltd.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Raw Material
  • Product Type
  • Application
  • Distribution Channel
  • Region
Breakup by Raw Material
  • Paraffin
  • Soy Wax
  • Beeswax
  • Palm Wax
  • Others
Breakup by Product Type
  • Votive
  • Container Candle
  • Pillars
  • Tapers
  • Others
Breakup by Application
  • Residential
  • Commercial
Breakup by Distribution Channel
  • Online
  • Offline
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Three Suns
  • Maisey Candles Pty Ltd.
  • Lemon Canary
  • Inoko Pty Ltd.
  • Sassy Soy Candles
  • Coco Luxe Life Pty Ltd.
  • Sapphire Group Pty Limited
  • Hutwoods Holdings Pty Ltd.
  • Others

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