The global candle market has seen significant growth in 2024, driven by rising consumer demand for home decor, aromatherapy, and gift items. As candles continue to evolve beyond their traditional uses, companies have been innovating with scents, designs, and eco-friendly materials. In this article, we explore the top global candle suppliers in 2024, based on trade data from Tendata, and examine the key market trends.

Global Candle Market Overview

The global candle industry continues to flourish in 2024, with 4,961 exporters contributing to a total trade value of $1.46 billion and 227,837 trades recorded. The market is evolving to meet changing consumer preferences, with increasing demand for eco-friendly, artisanal, and scented candles. Consumers are more conscious of the ingredients used in candles, such as natural waxes and non-toxic fragrances, driving candle suppliers to adapt to these trends.

As sustainability becomes an increasingly important factor in purchasing decisions, many candle suppliers are introducing candles made from renewable resources, such as soy wax, beeswax, and coconut wax. Furthermore, candles are being marketed not just for their light and fragrance, but as part of a broader lifestyle trend, offering wellness benefits, stress relief, and ambiance enhancement.

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Global Candle Suppliers in 2024

1. EVERMINE DIAMOND PRIVATE LIMITED (9.35%, $136.14 Million)

EVERMINE DIAMOND PRIVATE LIMITED is the leading player among global candle suppliers, commanding a 9.35% share, with $136.14 million in trade value. Based in India, Evermine Diamond is known for its high-quality candles that combine aesthetic appeal with functional purpose. The company offers a wide range of products, including decorative candles, aromatherapy candles, and luxury candles that cater to diverse consumer needs. Their strong export presence in North America, Europe, and Asia has made them a dominant force in the market.

2. SOLUCIONES LOGISTICAS DE CENTROAMERICA S A DE C V (8.05%, $117.19 Million)

Based in Central America, SOLUCIONES LOGISTICAS DE CENTROAMERICA S A DE C V holds an 8.05% share of the global candle market, generating $117.19 million in trade value. Known for its high-volume production of candles for both wholesale and retail, Soluciones Logísticas is recognized for its vast product range, including scented candles, decorative candles, and candles for religious and ceremonial purposes. Their efficient supply chain and consistent product quality have helped them capture a significant market share, particularly in Latin America and the U.S.

3. CÔNG TY TRÁCH NHIỆM HỮU HẠN AROMA BAY CANDLES (7.34%, $106.94 Million)

CÔNG TY TRÁCH NHIỆM HỮU HẠN AROMA BAY CANDLES, located in Vietnam, accounts for 7.34% of the global market share, with a trade value of $106.94 million. Specializing in aromatherapy and luxury scented candles, Aroma Bay Candles has become a popular brand in the wellness industry. The company’s innovative approach to blending essential oils and creating unique fragrances has earned them a loyal customer base across North America, Europe, and Asia. As one of the top candle suppliers, Aroma Bay has set the standard for high-quality, aromatic products.

4. CÔNG TY TRÁCH NHIỆM HỮU HẠN QUỐC TẾ BEST BASE (4.73%, $68.88 Million)

Another key candle supplier from Vietnam, CÔNG TY TRÁCH NHIỆM HỮU HẠN QUỐC TẾ BEST BASE, holds a 4.73% market share, with $68.88 million in sales. This company specializes in manufacturing candles for both domestic and international markets. Their product range includes scented, decorative, and eco-friendly candles. Best Base has capitalized on the growing trend of sustainability, offering products made from natural waxes such as soy and beeswax, which have been well received by environmentally-conscious consumers.

5. CÔNG TY TNHH MTV NẾN NGHỆ THUẬT AIDI VIỆT NAM (3.71%, $54.05 Million)

CÔNG TY TNHH MTV NẾN NGHỆ THUẬT AIDI VIỆT NAM is another prominent candle supplier, with a 3.71% share of the global market, generating $54.05 million in trade value. Known for its artistic and decorative candles, Aidi Vietnam has gained popularity among consumers who appreciate intricate designs and handcrafted products. Their candles are often sold in high-end retail outlets and through online platforms, making them a top choice for luxury candle enthusiasts.

6. PRIMACY INDUSTRIES LIMITED (3.66%, $53.27 Million)

PRIMACY INDUSTRIES LIMITED, based in India, holds a 3.66% share of the global candle suppliers market, valued at $53.27 million. The company has built a reputation for producing affordable yet high-quality candles, including scented, unscented, and specialty candles. Primacy Industries has a strong presence in the wholesale market and exports to countries across Europe, North America, and Asia.

7. CÔNG TY TRÁCH NHIỆM HỮU HẠN QUỐC TẾ FLEMING VIỆT NAM (3.43%, $50.01 Million)

CÔNG TY TRÁCH NHIỆM HỮU HẠN QUỐC TẾ FLEMING VIỆT NAM has a 3.43% share of the global candle market, generating $50.01 million in trade value. This company specializes in mass-market candles, offering a variety of styles and scents. Fleming Vietnam focuses on efficiency and large-scale production to meet the growing demand for affordable candles, making their products highly accessible in both retail and online markets. As one of the leading candle suppliers, they offer competitive pricing while maintaining product quality.

8. CÔNG TY TNHH AURORA ART (2.62%, $38.16 Million)

CÔNG TY TNHH AURORA ART is a significant candle supplier from Vietnam, with a 2.62% market share and $38.16 million in trade. Specializing in the production of decorative and gift candles, Aurora Art has successfully targeted both the luxury and gift markets. Their products are popular for use in home decor, weddings, and special events, contributing to their steady growth in international markets.

9. CÔNG TY TNHH CREATIVE LIGHTS VIỆT NAM HD (2.58%, $37.51 Million)

CÔNG TY TNHH CREATIVE LIGHTS VIỆT NAM HD, with a market share of 2.58% and $37.51 million in sales, is known for offering creative and innovative candle products. Their diverse offerings include LED candles, decorative candles, and eco-friendly options. With a growing focus on sustainability and energy efficiency, Creative Lights Vietnam has gained traction in the environmentally-conscious consumer market.

10. CÔNG TY TNHH HƯƠNG PHẨM WEST COAST (2.33%, $33.99 Million)

CÔNG TY TNHH HƯƠNG PHẨM WEST COAST rounds out the top 10 global candle suppliers, holding a 2.33% share of the market, with $33.99 million in trade value. Based in Vietnam, this company specializes in producing high-quality scented candles, focusing on premium fragrance oils and beautiful designs. Their products are particularly popular in the home fragrance and wellness markets, making them a preferred candle supplier for consumers seeking luxurious and fragrant candles.

Conclusion

The global candle market in 2024 is led by key candle suppliers like Evermine Diamond Private Limited, Soluciones Logisticas de Centroamerica, and Aroma Bay Candles, with these companies capturing significant market shares through innovation, product quality, and a strong export presence. As the market continues to grow, sustainability, customization, and technology will remain major trends shaping the future of the industry. With new players entering the market and established companies diversifying their offerings, the global candle market promises to continue expanding, offering exciting opportunities for both manufacturers and consumers.