| Product Code: ETC11481294 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s candles import market continued to show strong growth in 2024, with a Compound Annual Growth Rate (CAGR) of 9.63% from 2020 to 2024. Despite a negative growth rate of -32.15% from 2023 to 2024, the market remains robust. The top exporting countries to India in 2024 include the USA, China, Belgium, Metropolitan France, and Austria, indicating a diverse range of sources. With a high concentration as measured by the Herfindahl-Hirschman Index (HHI), the market remains competitive and dynamic, offering opportunities for both domestic and international suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Candles Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Candles Market Revenues & Volume, 2021 & 2031F |
3.3 India Candles Market - Industry Life Cycle |
3.4 India Candles Market - Porter's Five Forces |
3.5 India Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Candles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Candles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 India Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F |
4 India Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for decorative and scented candles in India |
4.2.2 Growing awareness about aromatherapy and wellness benefits of candles |
4.2.3 Rising disposable income leading to higher spending on home d cor products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as wax and fragrances |
4.3.2 Competition from alternative home fragrance products like diffusers and air fresheners |
5 India Candles Market Trends |
6 India Candles Market, By Types |
6.1 India Candles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Candles Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F |
6.1.4 India Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F |
6.2 India Candles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
6.2.3 India Candles Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.3 India Candles Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 India Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F |
6.3.3 India Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F |
6.4 India Candles Market, By Scent Type |
6.4.1 Overview and Analysis |
6.4.2 India Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F |
6.4.3 India Candles Market Revenues & Volume, By Unscented, 2021 - 2031F |
7 India Candles Market Import-Export Trade Statistics |
7.1 India Candles Market Export to Major Countries |
7.2 India Candles Market Imports from Major Countries |
8 India Candles Market Key Performance Indicators |
8.1 Percentage growth in online sales of candles in India |
8.2 Number of new entrants in the Indian candles market |
8.3 Consumer sentiment towards eco-friendly and sustainable candles |
9 India Candles Market - Opportunity Assessment |
9.1 India Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Candles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Candles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 India Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F |
10 India Candles Market - Competitive Landscape |
10.1 India Candles Market Revenue Share, By Companies, 2024 |
10.2 India Candles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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