Global Candles And Tapers Market
Market Overview
The global candles and tapers market reached $
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a measured expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Over the period under review, the global market attained the maximum level in and is likely to see gradual growth in years to come.
In value terms, candles and tapers production totaled $ in estimated in export price. Overall, the total production indicated a pronounced expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The pace of growth appeared the most rapid in 2015 with an increase of %. Global production peaked at $ in ; however, from to , production remained at a lower figure.
The countries with the highest volumes of production in were China ( tons), the United States ( tons) and India ( tons), together comprising % of global production. These countries were followed by Poland, Russia, Brazil, Indonesia, Mexico, Vietnam, Bangladesh, Egypt, the Philippines and Canada, which together accounted for a further %.
From 2007 to, the biggest increases were recorded for the Philippines (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a measured expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Over the period under review, the global market attained the maximum level in and is likely to see gradual growth in years to come.In value terms, candles and tapers production totaled $
in estimated in export price. Overall, the total production indicated a pronounced expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The pace of growth appeared the most rapid in 2015 with an increase of %. Global production peaked at $ in ; however, from to , production remained at a lower figure.The countries with the highest volumes of production in
were China ( tons), the United States ( tons) and India ( tons), together comprising % of global production. These countries were followed by Poland, Russia, Brazil, Indonesia, Mexico, Vietnam, Bangladesh, Egypt, the Philippines and Canada, which together accounted for a further %.From 2007 to
, the biggest increases were recorded for the Philippines (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.Consumption
In , the amount of candles and tapers consumed worldwide amounted to tons, rising by % on the previous year's figure. Over the period under review, the total consumption indicated a perceptible expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Over the period under review, global consumption attained the peak volume in and is expected to retain growth in the immediate term.
The global candles and tapers market size stood at $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a pronounced increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Global consumption peaked in and is likely to see gradual growth in years to come.
, the amount of candles and tapers consumed worldwide amounted to tons, rising by % on the previous year's figure. Over the period under review, the total consumption indicated a perceptible expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Over the period under review, global consumption attained the peak volume in and is expected to retain growth in the immediate term.The global candles and tapers market size stood at $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a pronounced increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2019 indices. Global consumption peaked in and is likely to see gradual growth in years to come.Consumption by Country
The countries with the highest volumes of consumption in were China ( tons), the United States ( tons) and India ( tons), together comprising % of global consumption. Russia, Brazil, Indonesia, Germany, Bangladesh, Mexico, Australia, Egypt, the Philippines and Poland lagged somewhat behind, together comprising a further %.
From 2007 to, the biggest increases were recorded for Australia (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($) led the market, alone. The second position in the ranking was taken by China ($). It was followed by India.
In the United States, the candles and tapers market expanded at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: China (+% per year) and India (+% per year).
The countries with the highest levels of candles and tapers per capita consumption in were Australia ( kg per person), the United States ( kg per person) and Poland ( kg per person).
From 2007 to, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Australia (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.
were China ( tons), the United States ( tons) and India ( tons), together comprising % of global consumption. Russia, Brazil, Indonesia, Germany, Bangladesh, Mexico, Australia, Egypt, the Philippines and Poland lagged somewhat behind, together comprising a further %.From 2007 to
, the biggest increases were recorded for Australia (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.In value terms, the United States ($
) led the market, alone. The second position in the ranking was taken by China ($). It was followed by India.In the United States, the candles and tapers market expanded at an average annual rate of +
% over the period from 2007-. In the other countries, the average annual rates were as follows: China (+% per year) and India (+% per year).The countries with the highest levels of candles and tapers per capita consumption in
were Australia ( kg per person), the United States ( kg per person) and Poland ( kg per person).From 2007 to
, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Australia (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.Market Forecast
Driven by increasing demand for candles and tapers worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
Download XLSX
Download all the data in the form of a report