The scale of my country’s candle market is gradually growing, and leading companies have emerged.
Candles mainly refer to daily lighting tools that are composed of candle bodies, candle wicks and other parts, and can emit light when burning. After years of development, there are many types of candles with various classification methods. According to different raw materials, candles can be divided into animal wax, vegetable wax, synthetic wax, etc.; according to different fragrance types, candles can be divided into odorless wax, scented wax, etc.; according to different colors, candles can be divided into colorless wax, colored wax, etc.; According to different functions, candles can be divided into lighting wax, craft candles, etc.
At present, the candle industry already has a very mature wax making process, which can be roughly divided into stamping molding method, melt casting method, extrusion molding method, etc. Among them, the stamping method mainly divides the solid paraffin, processes it into pellet-shaped wax particles, and then processes it through a stamping machine to form a candle. However, the candle made is relatively loose and the overall structure is not uniform; the melt casting method refers to heating and melting the paraffin. To form wax juice, the wax juice is injected into the model and formed into a candle after cooling. However, this method takes a long time to form and requires a large amount of wax repair and shaping work in the later stage. The extrusion molding method is to simply process paraffin into a paste body and squeeze it out. Pressing makes candles form various shapes. This method is more efficient and the overall structure is more uniform. It has gradually become a mainstream production process.
At this stage, my country has formed a complete candle industry chain. The upstream of the industrial chain is mainly the raw material industry, providing chlorinated paraffin, crude oil, liquid chlorine and other raw materials; the midstream is mainly candle manufacturing companies, mainly responsible for the production and manufacturing of various types of candles; the downstream is mainly through online sales channels such as e-commerce platforms As well as offline sales channels such as supermarkets, convenience stores, and community stores, it ultimately flows to consumers.
According to the “China Candle Industry Competitive Landscape and Main Competitors Analysis Report 2023-2028” released by the Industrial Research Center, early candles The main function of candles is lighting. As my country’s electricity laying rate gradually increases and the power system gradually improves, the lighting demand for candles gradually shrinks. As my country’s candle production technology gradually advances, product functions are becoming increasingly rich. Among them, scented candles can not only purify the air, but also have functions such as soothing the spirit and pleasing the mood. The market demand continues to grow and has gradually become the main growth driver of the candle market. Driven by market demand, the scale of my country’s candle market has shown a trend of increasing year by year. In 2022, my country’s candle market size will be 6.297 billion yuan.
Industry analysts said that at present, there are a large number of companies in my country’s candle market, and leading companies are gradually emerging. Among them, the larger enterprises mainly include Dalent, Jinwang, Aishen Wax Art, Zhongnan Candle Industry, Pingtian Wax, Hengtong Crafts, Tonghui Liguang, etc. As Jinwang’s production technology continues to improve, its product categories become increasingly rich, and its product lines can be continuously updated according to market demand. Its market share has gradually increased, and it has gradually become a leading company in the candle market.