Overview of the Vietnam and Philippines Candles Market
This market research report offers detailed market analysis, industry insights, and growth forecasts for the Vietnam and Philippines Candles industry. It includes qualitative and quantitative research, competitive intelligence, and key market trends. Designed to support strategic planning, the report covers market segmentation, share data, and emerging opportunities—ideal for businesses, investors, and analysts seeking reliable data to inform decisions and understand the competitive landscape.
Download your free sample PDF of the report -
Scope of the Report
- Market size and revenue (current & projected)
- Growth trends backed by real data
- Competitive landscape and who’s leading
- Opportunities and threats worth noting
Key Findings and Insights
Market Size and Growth
The Vietnam and Philippines Candles Market size is valued at USD 0.15 billion in 2025 and is projected to reach USD 0.21 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.77% during the forecast period, i.e., 2025-30.
Key Factors Driving Growth
Cultural Sentimentalism Fueling Demand for Natural Wax Alternatives – In the Vietnam and Philippines Candles Market, consumer decisions are becoming increasingly emotion-driven. Today’s buyer is not just selecting a candle for its fragrance, but for its story, origin, and conscience. The growing rejection of synthetic paraffin-based waxes is not merely about health, but about a deeper emotional alignment with products that feel honest, grounded, and natural.
Browse More About This Research Report –
Vietnam and Philippines Candles Market Segmentation Insight (2025-30)
Break down the market into key segments such as:
By Candle Type
- Pillar Candle- Market Size & Forecast 2020-2030, USD Million
- Taper Candle- Market Size & Forecast 2020-2030, USD Million
- Votives- Market Size & Forecast 2020-2030, USD Million
- Tea lights- Market Size & Forecast 2020-2030, USD Million
- Floaters- Market Size & Forecast 2020-2030, USD Million
By Raw Material
- Paraffin Wax- Market Size & Forecast 2020-2030, USD Million
- Soy Wax- Market Size & Forecast 2020-2030, USD Million
- Gel Wax- Market Size & Forecast 2020-2030, USD Million
- Beeswax- Market Size & Forecast 2020-2030, USD Million
- Palm Wax- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
Within the raw material segmentation, Soy Wax has emerged as the most dominant and fastest-growing segment in the Vietnam and Philippines Candles Market.
By Price Range
- Low- Market Size & Forecast 2020-2030, USD Million
- Medium- Market Size & Forecast 2020-2030, USD Million
- High- Market Size & Forecast 2020-2030, USD Million
By Distribution Channel
- Online- Market Size & Forecast 2020-2030, USD Million
- Offline- Market Size & Forecast 2020-2030, USD Million
- Specialty or Gift Shops- Market Size & Forecast 2020-2030, USD Million
- Home Decor Stores- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
Amongst all, online channels are projected to witness the fastest growth in the Vietnam & Philippines Candles Market during 2025-30.
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Notable Industry Key Players
Get detailed profiles and strategic insights on major companies shaping the market, including:
- Alice Blue Candle
- Bath and Body Works Direct, Inc.
- Creative Lights Viet Nam Corporation
- Caro Candles Company Limited
- Doc's Candles
- Fleming International Vietnam Ltd.
- Happy Island Candle Co.
- Nguyen Quang Minh Candle
- Peony Home
- Universal Candle Vietnam Corporation
- Vietnam International Victory Co. Ltd.
- Vayao Wax Manufacturing Inc.
- Yankee Candle
Request Methodology
- Robust methodology ensures accuracy and minimizes forecast deviations.
- Top-down and bottom-up analysis for precise market segmentation.
- Multi-angle data triangulation enhances reliability of insights.
- Expert-led primary research through surveys, interviews, and more.
- Predictive modeling delivers forward-looking market intelligence.
Key Questions Answered in This Market Research Report
- What is the current market size and total valuation?
- How fast is the market expected to grow in the coming years?
- What are the latest trends influencing the market?
- Which factors are driving or restraining market growth?
- How is the market segmented and geography?
- Who are the key players and what strategies are they adopting?
- What does the competitive landscape look like?
- Which regions offer the highest growth opportunities?
- What opportunities and challenges should stakeholders prepare for?
About Us:
MarkNtel Advisors is a global market research company, with a notable presence in key markets such as USA, Europe, Southeast Asia, UK, GCC, Asia, and more.
We take pride in our ability to cover diverse industry through our comprehensive range of market research services.\
Get in Touch:
Email - sales@marknteladvisors.com
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Comments
0 comment