Candle Making Kit Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Kit Type (Beginner, Professional), By Candle Type (Scented, Regular, Decorative), By End Use (Households, Institutions, Businesses), By Region & Competition, 2019-2029F
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request Customization| Forecast Period | 2025-2029 |
| Market Size (2023) | USD 582.10 Million |
| Market Size (2029) | USD 759.41 Million |
| CAGR (2024-2029) | 4.5% |
| Fastest Growing Segment | Decorative |
| Largest Market | North America |
Market Overview
Okay, so the Candle Making Kit Market is doing pretty well! Last year, it was worth around USD 582.10 Million, and experts think it'll jump to USD 759.41 Million by 2029. That's a growth of about 4.5% each year! Why? Well, more and more people are getting into DIY projects and crafts. Plus, with everyone focused on self-care and wellness, candles are super popular. These kits are also becoming go-to gifts and a fun way to spruce up your home. Remember when everyone was stuck at home during COVID-19? That really boosted candle sales, and it looks like that trend is here to stay!
Remember those lockdown days? Everyone was stuck at home, and suddenly, it seemed like everyone was tackling DIY projects! Candle making was huge, and that really gave the candle-making kit market a boost. And if you think about trends like personalization and experiential gifting – which were a big focus at the Gifts World Expo in India in August 2023 – candle-making kits fit right in. You’re not just giving a candle; you’re giving an experience. People can create their own scents, colors, and designs! It’s perfect for the growing interest in home décor and personalized gifting. Even the Einhell DIY Study 2023 shows that over 50% of Germans are keen on improving their homes with DIY and gardening. So, it makes sense that this enthusiasm will probably drive up demand for candle-making kits in places like the UK and Germany. People are always looking for a new creative outlet, right?
Key Market Drivers
Growing Consumer Interest in DIY Activities
It seems like everyone's gone a little DIY crazy lately, and that's really fueling the candle-making kit market! Remember that VantagePoint community magazine blog from April 2021? It highlighted a study – "Home Life In LockdownTech, Tensions, and Tidying Up" – and guess what? Around 85% of people in the UK were busy with home projects during lockdown. And get thisA May 2020 survey by Ronseal, polling 2,000 adults, found 56% tackled up to four different DIY home remodeling projects! Dickies even saw a massive 1241% jump in online searches for gardening DIY projects during lockdown. This whole DIY thing doesn't seem to be slowing down, which means good news for the candle-making kit biz. Basically, because of the pandemic, more people are trying new hobbies and getting creative, and that includes making their own candles!
Increased Demand for Home Décor and Wellness Products
Think about itwhy are candle-making kits so popular? Well, a big reason is our love for making our homes look and feel amazing! Candles have become must-have accessories. The National Candle Association says that over 80% of us in the U.S. use candles to create a better vibe at home. And it's not just us – influencers, celebrities, and big brands are showing off candles in their stunning interior designs, which only makes decorative candle-making kits even more appealing. Plus, everyone's getting into aromatherapy and wellness, looking for ways to relax and boost their mood, so scented candle-making kits are taking off! We all want that perfect, inviting home, and using fragrances to express ourselves is huge. Personalizing our spaces with beautiful, fragrant candles? That’s a major driver for this market. In fact, a Storage Cafe survey in July 2022 revealed that almost 25% of Americans had tackled a recent home improvement project, and more than half were using their own two hands to make their homes prettier and more comfortable. All this DIY enthusiasm is set to send the demand for candle-making kits in the U.S. soaring!
Key Market Challenges
Market Saturation and High Competition
Okay, so the candle-making kit scene? It's kind of packed right now. Everyone's jumping on the DIY bandwagon, which is great, but it means there are tons of kits out there. Competition is fierce, you know? The big names have to keep coming up with fresh ideas and making their kits special just to stay on top. And it's not just about price; they've got to constantly tweak their products to keep up with what people want. To even get noticed, companies need to really nail their marketing and make sure their brand stands out. It's a tricky balancing act trying to be innovative, make high-quality stuff, and still keep the costs down. That's the challenge, whether you're the new kid on the block or a candle-making veteran.
Supply Chain Disruptions
Okay, so another big headache for the global candle-making kit scene is dealing with all the supply chain craziness. Remember how the COVID-19 pandemic totally messed things up? It showed us just how fragile global supply chains can be, hitting the availability of those raw materials and
Key Market Trends
Experiential Gifting and Personalization
People are really getting into giving gifts that are more than just things – they want experiences! And that's great news for candle-making kits. Remember the Gifts World Expo in India back in August 2023? They were all about how personalization and experiential gifting are totally in right now. Candle kits fit right in because they let you actually do something fun and creative, instead of just unwrapping something. You get to play around with different scents, colors, and designs and make your own special candles. This whole desire for gifts that feel more personal is making candle-making kits super popular as a thoughtful and cool alternative to the usual presents. Even VedaOils, you know, the ones with the pre-made kits, jumped on board in March 2022 by launching a whole new line of candle-making supplies for people who want to start their own little businesses from home. It just shows how much demand there is for raw materials, whether you're a small business, a hobbyist, or just a DIY kind of person.
Growing Popularity of Home Fragrances
And guess what's really making the candle-making kit market glow? It's all about loving home fragrances! Scented candle-making kits, especially, are super popular. People are really getting into making their homes feel cozy and welcoming with nice smells. Plus, with aromatherapy and wellness becoming so big, everyone wants scented candles to help them chill out and feel good. It's like, using home scents is a way to show off your personality now, so people are grabbing these kits to make candles that perfectly match their own style and make their space smell amazing!
Segmental Insights
Candle Type Insights
In 2023, you wouldn't believe how popular scented candle-making kits were! They really brought in the dough. People are just super into making their homes smell amazing, and aromatherapy and wellness are all the rage. Everyone's trying to make their place feel cozy and inviting, and using scents is a big part of that – it's like a way to express yourself! Candles are basically the home accessory these days, says the National Candle Association. Apparently, over 80% of us in the U.S. use them to decorate. And the whole home décor thing is booming! Influencers, celebrities, even big brands are using candles to make spaces look amazing. Plus, you can find all these incredible, artsy candles online now, with wild shapes and cool designs. That makes people want decorative candles even more, which means more people want to make their own!
Kit Type Insights
In 2023, those candle-making kits designed for beginners were a big hit, making up a good chunk of sales. These kits are perfect if you're just starting out, with easy-to-follow steps, simple stuff, and techniques that won't make your head spin. It's all thanks to the growing love for DIY and crafting, plus the desire to actually make something with your own hands. Plus, even these beginner kits let you pick your own scents and colors, which is awesome if you want to create personalized candles for yourself or as presents. Now, on the other side, those professional-level candle-making kits? They're expected to really take off! These are the complete, top-of-the-line kits, usually with fancy tools like thermometers and special pitchers. If you're a seasoned candle maker wanting to try really detailed designs and techniques, using stuff like specific wicks and dyes, you'll probably go for one of these. And if you're thinking of starting a candle business and want to create something special, these kits are your go-to. Social media is also playing a role, with influencers and brands showing off their amazing creations and inspiring people to try professional candle-making themselves.
Regional Insights
In 2023, North America totally rocked the candle-making kit market, raking in the most cash worldwide. Why? Well, everyone's going crazy for personalized stuff, and home décor and gifting are super popular. Think holidays and festive seasons – candle-making kits are the go-to for personalized gifts, cool themes, and trendy seasonal decorations, especially in the U.S. We're all about those DIY crafts and sprucing up our homes, so we're gobbling up these kits for creative projects. The fact that crafting is a popular hobby, plus you can find all kinds of awesome candle-making kits, has really boosted the market. Plus, it's easy to find them thanks to North America's great stores and online shops. As long as people want personalized and handmade goodies, North America will likely stay on top. According to the National Candle Association, 76% of U.S. candle buyers think candles make great holiday gifts! People love giving candles, especially when they're custom-made, so expect to see more folks buying kits to create personalized and unique presents that their friends and family will adore.
Recent Developments
- In 2023, Candlewic, a supplier known for eco-friendly molds, wicks, fragrances, dyes, and beginner kits, has expanded its product line to include all-natural soy waxes, addressing the rising demand for sustainable options. Their new offerings feature Cargill's C-3 NatureWax, a pure soy wax, and a golden soy candle kit, enhancing their commitment to environmentally friendly candle making.
- In 2024, VedaOils, a supplier of natural essential oils and raw ingredients, has launched a new range of candle-making supplies tailored for enthusiasts and small business owners. Their offerings include everything needed to create customized candles, from various types of waxes to jars, molds, colors, wicks, and wick holders. This comprehensive selection ensures that hobbyist candle-makers can find all the necessary components in one place, simplifying their search for complete candle-making kits.
Key Market Players
- V Candle Supplies
- The Candle Haven
- Scent Supply Co.
- Scandinavian Candle Co.
- Pragmata Pty Ltd (Luxury Candle Supplies)
- Candles and Supplies.com Inc.
- CandleScience Inc.
- Candle Shack Ltd
- Candlewic
- Lone Star Candle Supply, Inc.
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