세계의 소이캔들 시장 규모, 점유율, 동향 분석 : 향수별, 제품 유형별, 최종 용도별, 유통 채널별, 지역별 전망과 예측(2024-2031년)

The Global Soy-based Candles Market size is expected to reach $9.33 billion by 2031, rising at a market growth of 13.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 392,997.4 thousand units, experiencing a growth of 15.7% (2020-2023).

North America is home to many environmentally conscious consumers who prioritize natural, non-toxic alternatives for home decor and aromatherapy. The region's well-established retail infrastructure and robust e-commerce market contribute to the widespread availability and popularity of soy-based candles. Thus, the North America region witnessed 40% revenue share in the market in 2023. In terms of volume, the North America region is expected to utilize 190,971.2 thousand units of soy-based candles by the year 2031. This region's strong performance can be attributed to the growing consumer demand for eco-friendly and sustainable products, with soy-based candles fitting perfectly into these preferences.

The rising global consciousness about environmental sustainability is one of the key drivers for the soy-based candles market. As consumers become more aware of the environmental impact of their products, there has been a noticeable shift toward eco-friendly and sustainable alternatives. Traditional paraffin candles, made from petroleum-based products, contribute to pollution in their production and during burning.

Additionally, the rise of plant-based beauty and wellness products has also extended to home decor, with consumers seeking non-toxic, cruelty-free, and natural products for every aspect of their lives. Soy-based candles, free from animal fats and synthetic fragrances, align with these values and offer an attractive alternative to traditional candles containing animal-derived ingredients like stearin. In conclusion, the growing demand for natural and vegan products propels the market's growth.

However, one of the main challenges for the soy-based candles market is the higher production cost compared to traditional paraffin candles. Soy wax, a plant-based product, often comes at a higher price point than paraffin wax, derived from petroleum. This price disparity results in a higher cost of production for soy-based candles, which is then passed on to consumers.

Fragrance Outlook

Based on fragrance, the market is divided into scented candles and unscented candles. The unscented candles segment held 31% revenue share in the market in 2023. In terms of volume, 371,424.2 thousand units of unscented candles by the year of 2031. These candles are often chosen for their minimalist, natural aesthetic and versatility. They are particularly popular for occasions that do not require fragrance, such as in religious or ceremonial settings, or for consumers who prefer a more neutral candle experience.

Product Type Outlook

On the basis of product type, the market is segmented into container candles, pillar candles, tealight candles, and others. The container candles segment recorded 46% revenue share in the market in 2023. In terms of volume, 399,978.6 thousand units of container candles by the year 2031. Consumers highly favor container candles due to their convenience and attractive presentation. These candles are typically housed in glass or metal containers, offering a clean, contained burn and a longer-lasting scent.

End Use Outlook

Based on end use, the market is categorized into residential and commercial. The commercial segment witnessed 24% revenue share in the market in 2023. In terms of volume, 236,532.2 thousands of soy-based candles are expected to be utilized in commercial uses by the year 2031. The commercial use of soy-based candles remains significant. Businesses such as spas, hotels, restaurants, and retail stores utilize these candles to enhance the ambiance of their spaces, offering a pleasant fragrance and creating a relaxing environment for customers.

Distribution Channel Outlook

By distribution channel, the market is divided into online retail, supermarkets/hypermarkets, specialty stores, and others. In 2023, the online retail segment registered 43% revenue share in the market. In terms of volume, 397,551.0 thousand units of soy-based candles are expected to be sold by online distribution channels by the year 2031. This growth can be attributed to the increasing preference for shopping online, which offers consumers the convenience of browsing and purchasing candles from the comfort of their homes.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Europe region generated 29% revenue share in the market. In terms of volume, the Europe region is expected to utilize 110,761.3 thousand units of soy-based candles by the year 2031. The soy-based candles market in Europe for is driven by a strong focus on sustainability, with many consumers seeking eco-friendly and biodegradable products.

List of Key Companies Profiled

• POMMES FRITES CANDLE CO.
• Kerax Ltd.
• Scripted Fragrance
• Pacifica Beauty LLC
• Magnolia Stores, LLC
• Northern Lights Enterprises, Inc.
• Paddywax, LLC (DESIGNWORKS INVESTMENTS)
• Soyworx
• Stand Around Creations
• Wax & Wick

Global Soy-based Candles Market Report Segmentation

By Fragrance (Volume, Thousand Units, USD Billion, 2020-2031)

• Scented Candles
• Unscented Candles

By Product Type (Volume, Thousand Units, USD Billion, 2020-2031)

• Container Candles
• Pillar Candles
• Tealight Candles
• Other Product Types

By End Use (Volume, Thousand Units, USD Billion, 2020-2031)

• Residential
• Commercial

By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)

• Online Retail
• Supermarkets/Hypermarkets
• Specialty Stores
• Other Distribution Channel

By Geography (Volume, Thousand Units, USD Billion, 2020-2031)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Soy-based Candles Market, by Fragrance
  • 1.4.2 Global Soy-based Candles Market, by Product Type
  • 1.4.3 Global Soy-based Candles Market, by End Use
  • 1.4.4 Global Soy-based Candles Market, by Distribution Channel
  • 1.4.5 Global Soy-based Candles Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market at a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints
  • 3.2.3 Market Opportunities
  • 3.2.4 Market Challenges
• 3.3 Porter Five Forces Analysis

Chapter 4. Global Soy-based Candles Market by Fragrance

• 4.1 Global Scented Candles Market by Region
• 4.2 Global Unscented Candles Market by Region

Chapter 5. Global Soy-based Candles Market by Product Type

• 5.1 Global Container Candles Market by Region
• 5.2 Global Pillar Candles Market by Region
• 5.3 Global Tealight Candles Market by Region
• 5.4 Global Other Product Types Market by Region

Chapter 6. Global Soy-based Candles Market by End Use

• 6.1 Global Residential Market by Region
• 6.2 Global Commercial Market by Region

Chapter 7. Global Soy-based Candles Market by Distribution Channel

• 7.1 Global Online Retail Market by Region
• 7.2 Global Supermarkets/Hypermarkets Market by Region
• 7.3 Global Specialty Stores Market by Region
• 7.4 Global Other Distribution Channel Market by Region

Chapter 8. Global Soy-based Candles Market by Region

• 8.1 North America Soy-based Candles Market
  • 8.1.1 North America Soy-based Candles Market by Fragrance
    • 8.1.1.1 North America Scented Candles Market by Country
    • 8.1.1.2 North America Unscented Candles Market by Country
  • 8.1.2 North America Soy-based Candles Market by Product Type
    • 8.1.2.1 North America Container Candles Market by Country
    • 8.1.2.2 North America Pillar Candles Market by Country
    • 8.1.2.3 North America Tealight Candles Market by Country
    • 8.1.2.4 North America Other Product Types Market by Country
  • 8.1.3 North America Soy-based Candles Market by End Use
    • 8.1.3.1 North America Residential Market by Country
    • 8.1.3.2 North America Commercial Market by Country
  • 8.1.4 North America Soy-based Candles Market by Distribution Channel
    • 8.1.4.1 North America Online Retail Market by Country
    • 8.1.4.2 North America Supermarkets/Hypermarkets Market by Country
    • 8.1.4.3 North America Specialty Stores Market by Country
    • 8.1.4.4 North America Other Distribution Channel Market by Country
  • 8.1.5 North America Soy-based Candles Market by Country
    • 8.1.5.1 US Soy-based Candles Market
      • 8.1.5.1.1 US Soy-based Candles Market by Fragrance
      • 8.1.5.1.2 US Soy-based Candles Market by Product Type
      • 8.1.5.1.3 US Soy-based Candles Market by End Use
      • 8.1.5.1.4 US Soy-based Candles Market by Distribution Channel
    • 8.1.5.2 Canada Soy-based Candles Market
      • 8.1.5.2.1 Canada Soy-based Candles Market by Fragrance
      • 8.1.5.2.2 Canada Soy-based Candles Market by Product Type
      • 8.1.5.2.3 Canada Soy-based Candles Market by End Use
      • 8.1.5.2.4 Canada Soy-based Candles Market by Distribution Channel
    • 8.1.5.3 Mexico Soy-based Candles Market
      • 8.1.5.3.1 Mexico Soy-based Candles Market by Fragrance
      • 8.1.5.3.2 Mexico Soy-based Candles Market by Product Type
      • 8.1.5.3.3 Mexico Soy-based Candles Market by End Use
      • 8.1.5.3.4 Mexico Soy-based Candles Market by Distribution Channel
    • 8.1.5.4 Rest of North America Soy-based Candles Market
      • 8.1.5.4.1 Rest of North America Soy-based Candles Market by Fragrance
      • 8.1.5.4.2 Rest of North America Soy-based Candles Market by Product Type
      • 8.1.5.4.3 Rest of North America Soy-based Candles Market by End Use
      • 8.1.5.4.4 Rest of North America Soy-based Candles Market by Distribution Channel
• 8.2 Europe Soy-based Candles Market
  • 8.2.1 Europe Soy-based Candles Market by Fragrance
    • 8.2.1.1 Europe Scented Candles Market by Country
    • 8.2.1.2 Europe Unscented Candles Market by Country
  • 8.2.2 Europe Soy-based Candles Market by Product Type
    • 8.2.2.1 Europe Container Candles Market by Country
    • 8.2.2.2 Europe Pillar Candles Market by Country
    • 8.2.2.3 Europe Tealight Candles Market by Country
    • 8.2.2.4 Europe Other Product Types Market by Country
  • 8.2.3 Europe Soy-based Candles Market by End Use
    • 8.2.3.1 Europe Residential Market by Country
    • 8.2.3.2 Europe Commercial Market by Country
  • 8.2.4 Europe Soy-based Candles Market by Distribution Channel
    • 8.2.4.1 Europe Online Retail Market by Country
    • 8.2.4.2 Europe Supermarkets/Hypermarkets Market by Country
    • 8.2.4.3 Europe Specialty Stores Market by Country
    • 8.2.4.4 Europe Other Distribution Channel Market by Country
  • 8.2.5 Europe Soy-based Candles Market by Country
    • 8.2.5.1 Germany Soy-based Candles Market
      • 8.2.5.1.1 Germany Soy-based Candles Market by Fragrance
      • 8.2.5.1.2 Germany Soy-based Candles Market by Product Type
      • 8.2.5.1.3 Germany Soy-based Candles Market by End Use
      • 8.2.5.1.4 Germany Soy-based Candles Market by Distribution Channel
    • 8.2.5.2 UK Soy-based Candles Market
      • 8.2.5.2.1 UK Soy-based Candles Market by Fragrance
      • 8.2.5.2.2 UK Soy-based Candles Market by Product Type
      • 8.2.5.2.3 UK Soy-based Candles Market by End Use
      • 8.2.5.2.4 UK Soy-based Candles Market by Distribution Channel
    • 8.2.5.3 France Soy-based Candles Market
      • 8.2.5.3.1 France Soy-based Candles Market by Fragrance
      • 8.2.5.3.2 France Soy-based Candles Market by Product Type
      • 8.2.5.3.3 France Soy-based Candles Market by End Use
      • 8.2.5.3.4 France Soy-based Candles Market by Distribution Channel
    • 8.2.5.4 Russia Soy-based Candles Market
      • 8.2.5.4.1 Russia Soy-based Candles Market by Fragrance
      • 8.2.5.4.2 Russia Soy-based Candles Market by Product Type
      • 8.2.5.4.3 Russia Soy-based Candles Market by End Use
      • 8.2.5.4.4 Russia Soy-based Candles Market by Distribution Channel
    • 8.2.5.5 Spain Soy-based Candles Market
      • 8.2.5.5.1 Spain Soy-based Candles Market by Fragrance
      • 8.2.5.5.2 Spain Soy-based Candles Market by Product Type
      • 8.2.5.5.3 Spain Soy-based Candles Market by End Use
      • 8.2.5.5.4 Spain Soy-based Candles Market by Distribution Channel
    • 8.2.5.6 Italy Soy-based Candles Market
      • 8.2.5.6.1 Italy Soy-based Candles Market by Fragrance
      • 8.2.5.6.2 Italy Soy-based Candles Market by Product Type
      • 8.2.5.6.3 Italy Soy-based Candles Market by End Use
      • 8.2.5.6.4 Italy Soy-based Candles Market by Distribution Channel
    • 8.2.5.7 Rest of Europe Soy-based Candles Market
      • 8.2.5.7.1 Rest of Europe Soy-based Candles Market by Fragrance
      • 8.2.5.7.2 Rest of Europe Soy-based Candles Market by Product Type
      • 8.2.5.7.3 Rest of Europe Soy-based Candles Market by End Use
      • 8.2.5.7.4 Rest of Europe Soy-based Candles Market by Distribution Channel
• 8.3 Asia Pacific Soy-based Candles Market
  • 8.3.1 Asia Pacific Soy-based Candles Market by Fragrance
    • 8.3.1.1 Asia Pacific Scented Candles Market by Country
    • 8.3.1.2 Asia Pacific Unscented Candles Market by Country
  • 8.3.2 Asia Pacific Soy-based Candles Market by Product Type
    • 8.3.2.1 Asia Pacific Container Candles Market by Country
    • 8.3.2.2 Asia Pacific Pillar Candles Market by Country
    • 8.3.2.3 Asia Pacific Tealight Candles Market by Country
    • 8.3.2.4 Asia Pacific Other Product Types Market by Country
  • 8.3.3 Asia Pacific Soy-based Candles Market by End Use
    • 8.3.3.1 Asia Pacific Residential Market by Country
    • 8.3.3.2 Asia Pacific Commercial Market by Country
  • 8.3.4 Asia Pacific Soy-based Candles Market by Distribution Channel
    • 8.3.4.1 Asia Pacific Online Retail Market by Country
    • 8.3.4.2 Asia Pacific Supermarkets/Hypermarkets Market by Country
    • 8.3.4.3 Asia Pacific Specialty Stores Market by Country
    • 8.3.4.4 Asia Pacific Other Distribution Channel Market by Country
  • 8.3.5 Asia Pacific Soy-based Candles Market by Country
    • 8.3.5.1 China Soy-based Candles Market
      • 8.3.5.1.1 China Soy-based Candles Market by Fragrance
      • 8.3.5.1.2 China Soy-based Candles Market by Product Type
      • 8.3.5.1.3 China Soy-based Candles Market by End Use
      • 8.3.5.1.4 China Soy-based Candles Market by Distribution Channel
    • 8.3.5.2 Japan Soy-based Candles Market
      • 8.3.5.2.1 Japan Soy-based Candles Market by Fragrance
      • 8.3.5.2.2 Japan Soy-based Candles Market by Product Type
      • 8.3.5.2.3 Japan Soy-based Candles Market by End Use
      • 8.3.5.2.4 Japan Soy-based Candles Market by Distribution Channel
    • 8.3.5.3 India Soy-based Candles Market
      • 8.3.5.3.1 India Soy-based Candles Market by Fragrance
      • 8.3.5.3.2 India Soy-based Candles Market by Product Type
      • 8.3.5.3.3 India Soy-based Candles Market by End Use
      • 8.3.5.3.4 India Soy-based Candles Market by Distribution Channel
    • 8.3.5.4 South Korea Soy-based Candles Market
      • 8.3.5.4.1 South Korea Soy-based Candles Market by Fragrance
      • 8.3.5.4.2 South Korea Soy-based Candles Market by Product Type
      • 8.3.5.4.3 South Korea Soy-based Candles Market by End Use
      • 8.3.5.4.4 South Korea Soy-based Candles Market by Distribution Channel
    • 8.3.5.5 Australia Soy-based Candles Market
      • 8.3.5.5.1 Australia Soy-based Candles Market by Fragrance
      • 8.3.5.5.2 Australia Soy-based Candles Market by Product Type
      • 8.3.5.5.3 Australia Soy-based Candles Market by End Use
      • 8.3.5.5.4 Australia Soy-based Candles Market by Distribution Channel
    • 8.3.5.6 Malaysia Soy-based Candles Market
      • 8.3.5.6.1 Malaysia Soy-based Candles Market by Fragrance
      • 8.3.5.6.2 Malaysia Soy-based Candles Market by Product Type
      • 8.3.5.6.3 Malaysia Soy-based Candles Market by End Use
      • 8.3.5.6.4 Malaysia Soy-based Candles Market by Distribution Channel
    • 8.3.5.7 Rest of Asia Pacific Soy-based Candles Market
      • 8.3.5.7.1 Rest of Asia Pacific Soy-based Candles Market by Fragrance
      • 8.3.5.7.2 Rest of Asia Pacific Soy-based Candles Market by Product Type
      • 8.3.5.7.3 Rest of Asia Pacific Soy-based Candles Market by End Use
      • 8.3.5.7.4 Rest of Asia Pacific Soy-based Candles Market by Distribution Channel
• 8.4 LAMEA Soy-based Candles Market
  • 8.4.1 LAMEA Soy-based Candles Market by Fragrance
    • 8.4.1.1 LAMEA Scented Candles Market by Country
    • 8.4.1.2 LAMEA Unscented Candles Market by Country
  • 8.4.2 LAMEA Soy-based Candles Market by Product Type
    • 8.4.2.1 LAMEA Container Candles Market by Country
    • 8.4.2.2 LAMEA Pillar Candles Market by Country
    • 8.4.2.3 LAMEA Tealight Candles Market by Country
    • 8.4.2.4 LAMEA Other Product Types Market by Country
  • 8.4.3 LAMEA Soy-based Candles Market by End Use
    • 8.4.3.1 LAMEA Residential Market by Country
    • 8.4.3.2 LAMEA Commercial Market by Country
  • 8.4.4 LAMEA Soy-based Candles Market by Distribution Channel
    • 8.4.4.1 LAMEA Online Retail Market by Country
    • 8.4.4.2 LAMEA Supermarkets/Hypermarkets Market by Country
    • 8.4.4.3 LAMEA Specialty Stores Market by Country
    • 8.4.4.4 LAMEA Other Distribution Channel Market by Country
  • 8.4.5 LAMEA Soy-based Candles Market by Country
    • 8.4.5.1 Brazil Soy-based Candles Market
      • 8.4.5.1.1 Brazil Soy-based Candles Market by Fragrance
      • 8.4.5.1.2 Brazil Soy-based Candles Market by Product Type
      • 8.4.5.1.3 Brazil Soy-based Candles Market by End Use
      • 8.4.5.1.4 Brazil Soy-based Candles Market by Distribution Channel
    • 8.4.5.2 Argentina Soy-based Candles Market
      • 8.4.5.2.1 Argentina Soy-based Candles Market by Fragrance
      • 8.4.5.2.2 Argentina Soy-based Candles Market by Product Type
      • 8.4.5.2.3 Argentina Soy-based Candles Market by End Use
      • 8.4.5.2.4 Argentina Soy-based Candles Market by Distribution Channel
    • 8.4.5.3 UAE Soy-based Candles Market
      • 8.4.5.3.1 UAE Soy-based Candles Market by Fragrance
      • 8.4.5.3.2 UAE Soy-based Candles Market by Product Type
      • 8.4.5.3.3 UAE Soy-based Candles Market by End Use
      • 8.4.5.3.4 UAE Soy-based Candles Market by Distribution Channel
    • 8.4.5.4 Saudi Arabia Soy-based Candles Market
      • 8.4.5.4.1 Saudi Arabia Soy-based Candles Market by Fragrance
      • 8.4.5.4.2 Saudi Arabia Soy-based Candles Market by Product Type
      • 8.4.5.4.3 Saudi Arabia Soy-based Candles Market by End Use
      • 8.4.5.4.4 Saudi Arabia Soy-based Candles Market by Distribution Channel
    • 8.4.5.5 South Africa Soy-based Candles Market
      • 8.4.5.5.1 South Africa Soy-based Candles Market by Fragrance
      • 8.4.5.5.2 South Africa Soy-based Candles Market by Product Type
      • 8.4.5.5.3 South Africa Soy-based Candles Market by End Use
      • 8.4.5.5.4 South Africa Soy-based Candles Market by Distribution Channel
    • 8.4.5.6 Nigeria Soy-based Candles Market
      • 8.4.5.6.1 Nigeria Soy-based Candles Market by Fragrance
      • 8.4.5.6.2 Nigeria Soy-based Candles Market by Product Type
      • 8.4.5.6.3 Nigeria Soy-based Candles Market by End Use
      • 8.4.5.6.4 Nigeria Soy-based Candles Market by Distribution Channel
    • 8.4.5.7 Rest of LAMEA Soy-based Candles Market
      • 8.4.5.7.1 Rest of LAMEA Soy-based Candles Market by Fragrance
      • 8.4.5.7.2 Rest of LAMEA Soy-based Candles Market by Product Type
      • 8.4.5.7.3 Rest of LAMEA Soy-based Candles Market by End Use
      • 8.4.5.7.4 Rest of LAMEA Soy-based Candles Market by Distribution Channel

Chapter 9. Company Profiles

• 9.1 POMMES FRITES CANDLE CO.
  • 9.1.1 Company Overview
• 9.2 Kerax Ltd.
  • 9.2.1 Company Overview
• 9.3 Scripted Fragrance
  • 9.3.1 Company Overview
• 9.4 Pacifica Beauty LLC
  • 9.4.1 Company Overview
  • 9.4.2 SWOT Analysis
• 9.5 Magnolia Stores, LLC
  • 9.5.1 Company Overview
• 9.6 Northern Lights Enterprises, Inc.
  • 9.6.1 Company Overview
• 9.7 Paddywax, LLC (DESIGNWORKS COLLECTIVE)
  • 9.7.1 Company Overview
  • 9.7.2 SWOT Analysis
• 9.8 Soyworx
  • 9.8.1 Company Overview
• 9.9 Stand Around Creations
  • 9.9.1 Company Overview
• 9.10. Wax & Wick
  • 9.10.1 Company Overview

Chapter 10. Winning Imperatives of Soy-based Candles Market