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In-depth Analysis of China's Candle Industry Development and Future Investment Forecast Report (2023-2030)

1. Industry-related definitions

Candles, a daily lighting tool, were mainly made of paraffin, and in ancient times, were usually made from animal fat. Can be burned and shiny. In addition, candles are also widely used: they are also used in birthday banquets, religious holidays, group mourning, red and white happy events and other events.

The main raw material of candle is paraffin wax (C₂₅H₅₂), paraffin is prepared from the wax-containing fraction of petroleum by cold pressing or solvent dewaxing, is a mixture of several advanced alkanes, mainly n-docosane (C22H46) and n-octadecane (C28H58), containing about 85% of carbon elements and about 14% of hydrogen elements. The auxiliary materials added are white oil, stearic acid, polyethylene, fragrance, etc., of which stearic acid (C17H35COOH) is mainly used to improve softness, the specific addition depends on what kind of candle is produced.

Second, the development status of the industry

1. Market size

The mainland is a global candle producer, but in recent years, with the rapid improvement of the domestic economic level, electricity "village to village", the public's demand for candles has gradually declined, but the mainland candle industry has not gone downhill, mainly the candle export market has grown rapidly, especially in Europe and the United States, in recent years has become the main export area of mainland candles.

Secondly, the candle industry in the mainland is mainly divided into two major markets, lighting candles and craft candles. At present, the craft candle market has performed well in recent years, especially the fragrance candle market, which has maintained market growth in recent years. Functionalized candles have relatively good prospects due to the demand that can continue to be developed, and are expected to become the main driving force in the future. As of 2022, the market size of the mainland candle industry is about 6.315 billion yuan.

In-depth Analysis of China's Candle Industry Development and Future Investment Forecast Report (2023-2030)

Source: China Candle Industry Development In-depth Analysis and Future Investment Forecast Report (2023-2030)

2. Supply scale

In addition to the sharp decline in industry output in 2020 due to the new crown epidemic, overall, in recent years, the output of the mainland candle industry has maintained a stable trend, the growth is not large, due to the shrinkage of the demand side, it is difficult for the supply side of the industry to have a large willingness to expand, perennial stable production is the status quo of the supply side, and may maintain this status quo in the future. In 2022, the mainland candle industry output will be about 1.625 million tons, and the overall output will remain stable.

In-depth Analysis of China's Candle Industry Development and Future Investment Forecast Report (2023-2030)

Source: China Candle Industry Development In-depth Analysis and Future Investment Forecast Report (2023-2030)

3. Demand

In addition to being used as a lighting tool in people's daily life, candles are more important to add a warm and romantic atmosphere to people's lives, so special functional candles are receiving increasing attention. Although the development of China's candle market is stable, there is still a gap between some products and foreign countries.

In the traditional sense, the reasons for using candles come from religious, cultural, life needs and other reasons. The global consumer demand for candle products has been stable for a long time and has a certain growth trend. Candles in modern life have long been not simply to solve the urgent need to "burn the eyebrows", it has become an indispensable element to decorate the atmosphere of life. In addition, it can purify the air, remove bacteria in the air, and also become a catalyst for the joy of life and a navigation light for entrepreneurship and wealth. China is a very important fragrance market, for the future market, fragrance consumption has developed rapidly in the past three or four years. In 2022, the domestic sales volume of the mainland candle industry will be about 1.227 million tons.

In-depth Analysis of China's Candle Industry Development and Future Investment Forecast Report (2023-2030)

Source: China Candle Industry Development In-depth Analysis and Future Investment Forecast Report (2023-2030)

4. Industry supply and demand balance analysis

The mainland candle industry is generally in a state of oversupply, in fact, a considerable number of products are exported every year, and the production and sales rate of the domestic market has been maintained below 80%.

In-depth Analysis of China's Candle Industry Development and Future Investment Forecast Report (2023-2030)

Source: China Candle Industry Development In-depth Analysis and Future Investment Forecast Report (2023-2030)

Third, industry segment market analysis

1. Lighting candles

Lighting is the most basic function of candles, in the early years, the power laying was not developed, the power system was not perfect, and every household would have the need for candle use or candle reserves. Nowadays, with the completion of electricity in villages, lighting candles have been greatly weakened, and people are more often purchased as a backup method, and market demand has shrunk year after year.

In-depth Analysis of China's Candle Industry Development and Future Investment Forecast Report (2023-2030)

Source: China Candle Industry Development In-depth Analysis and Future Investment Forecast Report (2023-2030)

2. Function candles

Functional candles are the most important source of market demand for candles after the weakening of lighting candles, and can iterate more functional scene candle demand with the development of people's lives, the current religion, sacrifice, board games, birthday parties, cakes and other scenes are the main demand market for functional candles.

In-depth Analysis of China's Candle Industry Development and Future Investment Forecast Report (2023-2030)

Source: China Candle Industry Development In-depth Analysis and Future Investment Forecast Report (2023-2030)

4. Industry market opportunity analysis

1. Candle production technology substitution

The application of new materials and new process technologies such as new polymer matrix composite candlelight materials in process wax products breaks through the limitations of traditional paraffin wax products in combustion effect, ornamental effect and process manufacturing means, and creates basic conditions for continuous innovation of craft wax products to meet people's increasingly rich aesthetic needs. Technological innovation has changed the consumption and production pattern of traditional products, and has obvious advantages in substituting the original products in terms of customer consumption willingness. At the same time, under the condition that the price of paraffin wax is rising due to crude oil prices, the use of new materials can also significantly reduce the impact of raw material prices on product costs, forming a strong cost advantage.

2. Improvement of product consumption structure

Traditional candle products are mainly odorless wax, etc., with single function, low value and limited market capacity. However, with the continuous application of new materials, the emergence of wax products such as fragrance wax and air freshening wax and the continuous improvement of the process level of wax products, the role of life decorations and environmental purification products has been greatly enhanced, and the product functions have gradually diversified. Product innovation has led to the upgrading of the consumption structure of candles and related handicrafts, forming a higher grade, more content and higher consumer price than before.

Note: The above information is for reference only, and the specific content is subject to the text of the report.

The "China Candle Industry Development In-depth Analysis and Future Investment Forecast Report (2023-2030)" released by the research report network covers the latest industry data, market hot spots, policy planning, competitive intelligence, market prospect forecast, investment strategy and other content. It is supplemented by a large number of intuitive charts to help enterprises in the industry accurately grasp the development trend of the industry, the direction of market business, and correctly formulate corporate competitive strategies and investment strategies. This report is based on authoritative data released by the National Bureau of Statistics, the General Administration of Customs and the State Information Center, combined with the environment of the industry, from theory to practice, from macro to micro and other perspectives of market research and analysis.

Industry reports are one of the important decision-making bases for enterprises, relevant investment companies and government departments in the industry to accurately grasp the development trend of the industry, gain insight into the competitive landscape of the industry, avoid business and investment risks, and make correct competition and investment strategy decisions. This report is an essential tool for gaining a comprehensive understanding of the industry and investing in it. Guanyan World is a well-known industry information consulting institution in China, with a senior expert team, over the years has provided tens of thousands of enterprise units, consulting institutions, financial institutions, industry associations, individual investors, etc. professional industry analysis reports, customers cover Huawei, China Petroleum, China Telecom, China State Construction, HP, Disney and other domestic and foreign industry leading enterprises, and has been widely recognized by customers.

The data of this research report mainly uses national statistical data, General Administration of Customs, questionnaire survey data, data collected by the Ministry of Commerce and other databases. Among them, macroeconomic data is mainly from the National Bureau of Statistics, some industry statistics are mainly from the National Bureau of Statistics and market research data, enterprise data is mainly from the National Bureau of Statistics large-scale enterprise statistical database and stock exchanges, etc., and price data is mainly from various market monitoring databases. The industry analysis methods used in this research report include Porter's five forces model analysis method, SWOT analysis method, PEST analysis method, comprehensive internal and external environment analysis of the industry, and at the same time, through senior analysts on the current national economic situation trend, market development trend and current industry hot spot analysis, predict the future development direction of the industry, emerging hot spots, market space, technology trends and future development strategy.

【Catalog Outline】

Chapter 1 Overview of the development of China's candle industry from 2019 to 2023

Section 1 Overview of the development of the candle industry

First, the relevant definition of the candle industry

Second, candle characteristics analysis

Third, the basic situation of the candle industry

Fourth, the candle industry business model

1. Production mode

2. Procurement mode

3. Sales/service model

Fifth, the main body of demand in the candle industry

Section 2 Life cycle analysis of China's candle industry

First, the candle industry life cycle theory overview

Second, the life cycle analysis of the candle industry

Section 3 Analysis of economic indicators of the candle industry

First, the profitability analysis of the candle industry

Second, the economic cycle analysis of the candle industry

Third, the analysis of the space for improving the added value of the candle industry

Chapter 2 Analysis of the development status of the global candle industry market from 2019 to 2023

Section 1 Review of the development history of the global candle industry

Section 2 Market size and regional distribution of the global candle industry

Section 3 Regional Market Analysis of Asian Candle Industry

First, the analysis of the current situation of the Asian candle industry

Second, Asian candle industry market size and market demand analysis

Third, Asian candle industry market prospect analysis

Section 4 North American Candle Industry Regional Market Analysis

First, the market status analysis of the North American candle industry

Second, North American candle industry market size and market demand analysis

Third, the market prospect analysis of the North American candle industry

Section 5 Regional Market Analysis of European Candle Industry

First, the analysis of the current situation of the European candle industry

Second, the European candle industry market size and market demand analysis

Third, the European candle industry market prospect analysis

Section 6 World candle industry distribution trend forecast from 2023 to 2030

Section 7 Global Candle Industry Market Size Forecast 2023-2030

Chapter Three: Analysis of the Industrial Development Environment of China's Candle Industry

Section 1 Analysis of the Mainland's Macroeconomic Environment

Section 2 Analysis of the impact of the mainland's macroeconomic environment on the candle industry

Section 3 Analysis of China's Candle Industry Policy Environment

1. The current situation of the industry regulatory system

2. Main policies and regulations of the industry

3. Main industry standards

Section 4 Analysis of the impact of the policy environment on the candle industry

Section 5 Analysis of the Industrial Social Environment of China's Candle Industry

Chapter Four: Operation of China's Candle Industry

Section 1 Introduction to the development of China's candle industry

1. Review of the development process of the industry

Second, the analysis of industry innovation

Third, the analysis of industry development characteristics

Section 2 Analysis of the market size of China's candle industry

First, the factors affecting the market size of China's candle industry

Second, the market size of China's candle industry

Third, the market size of China's candle industry analysis

Section 3 Analysis of the supply of China's candle industry

First, the supply scale of China's candle industry

Second, the supply characteristics of China's candle industry

Section 4 Analysis of the demand of China's candle industry

First, the scale of demand for China's candle industry

Second, the demand characteristics of China's candle industry

Section 5 Analysis of Supply and Demand Balance of China's Candle Industry

Chapter Five: Analysis of China's Candle Industry Industry Chain and Market Segmentation

Section 1 Overview of China's Candle Industry Industry Chain

First, the principle of industrial chain model

Second, the operation mechanism of the industrial chain

Third, the candle industry chain diagram

Section 2 Analysis of the industrial chain of China's candle industry

First, the development status of the upstream industry

Second, the impact analysis of the upstream industry on the candle industry

Third, the development status of downstream industries

Fourth, the impact analysis of the downstream industry on the candle industry

Section 3 Mainland candle industry segment market analysis

First, the market segment one

Second, the market segment two

Chapter Six: Market Competition Analysis of China's Candle Industry from 2019 to 2023

Section 1 Analysis of the current situation of competition in China's candle industry

First, the analysis of the competition pattern of China's candle industry

Second, the analysis of major brands in China's candle industry

Section 2 Analysis of the concentration of China's candle industry

First, the analysis of the influencing factors of market concentration in China's candle industry

Second, the market concentration analysis of China's candle industry

Section 3 Analysis of Competitive Characteristics of China's Candle Industry

1. Regional distribution characteristics of enterprises

Second, the characteristics of enterprise scale distribution

Third, the distribution characteristics of enterprise ownership

Chapter 7 Model Analysis of China's Candle Industry from 2019 to 2023

Section 1 Analysis of the Competitive Structure of China's Candle Industry (Porter's Five Forces Model)

First, the principle of Porter's five forces model

Second, the bargaining power of suppliers

3. The bargaining power of buyers

Fourth, the threat of new entrants

V. Threat of substitution

6. The degree of intra-industry competition

7. Conclusion of Porter's five forces model analysis

Section 2 SWOT Analysis of China's Candle Industry

Overview of the SOWT model

Second, the analysis of industry advantages

Third, the disadvantages of the industry

Fourth, industry opportunities

5. Industry threats

6. SWOT analysis conclusion of China's candle industry

Section 3 Analysis of the Competitive Environment of China's Candle Industry (PEST)

First, PEST model overview

Second, policy factors

3. Economic factors

4. Social factors

5. Technical factors

Sixth, PEST model analysis conclusion

Chapter 8 Demand characteristics and dynamic analysis of China's candle industry from 2019 to 2023

Section 1 Market dynamics of China's candle industry

Section 2 Analysis of the characteristics of China's candle industry consumer market

First, demand preferences

2. Price preference

3. Brand preference

4. Other preferences

Section 3 Analysis of the cost structure of the candle industry

Section 4 Analysis of price influencing factors in the candle industry

First, supply and demand factors

Second, cost factors

3. Other factors

Section 5 Analysis of the current situation of China's candle industry price

Section 6 Average Price Trend Forecast of China's Candle Industry

First, the average price trend analysis of China's candle industry

Second, the influencing factors of the average price change of China's candle industry

Chapter 9 Monitoring of the operation data of China's candle industry

Section 1 Analysis of the overall scale of the industry to which China's candle industry belongs

First, the analysis of the quantitative structure of enterprises

Second, the scale of industry assets

Section 2 Analysis of production, sales and expenses of China's candle industry

1. Current assets

Second, sales revenue analysis

3. Liabilities analysis

Fourth, profit scale analysis

5. Output value analysis

Section 3 Analysis of financial indicators of China's candle industry

First, industry profitability analysis

2. Analysis of the industry's solvency

3. Analysis of industry operating capabilities

4. Analysis of industry development capabilities

Chapter 10 Analysis of the Regional Market Status of China's Candle Industry from 2019 to 2023

Section 1 Analysis of the regional market size of China's candle industry

First, the factors affecting the regional market distribution of the candle industry

Second, the regional market distribution of China's candle industry

Section 2 Market Analysis of Candle Industry in East China

I. Overview of East China

2. Analysis of the economic environment in East China

Third, East China candle industry market analysis

(1) Market size of candle industry in East China

(2) Market status of candle industry in South China

(3) Market size forecast of candle industry in East China

Section 3 Market Analysis in Central China

I. Overview of Central China

2. Analysis of the economic environment in Central China

Third, the market analysis of the candle industry in central China

(1) Market size of candle industry in central China

(2) Market status of candle industry in central China

(3) Market size forecast of candle industry in central China

Section 4 Market Analysis in South China

I. Overview of South China

2. Analysis of the economic environment in South China

Third, the market analysis of the candle industry in South China

(1) Market size of candle industry in South China

(2) Market status of candle industry in South China

(3) Market size forecast of candle industry in South China

Section 5 Market Analysis of Candle Industry in North China

I. Overview of North China

2. Analysis of the economic environment in North China

Third, the market analysis of the candle industry in North China

(1) Market size of candle industry in North China

(2) Market status of candle industry in North China

(3) Market size forecast of candle industry in North China

Section 6 Market Analysis in Northeast China

I. Overview of the Northeast Region

Second, the analysis of the economic environment in Northeast China

Third, the market analysis of the candle industry in Northeast China

(1) Market size of the candle industry in Northeast China

(2) The market status of the candle industry in Northeast China

(3) Market size forecast of candle industry in Northeast China

Section 7 Market Analysis in Southwest China

I. Overview of the Southwest Region

Second, the analysis of the economic environment in the southwest region

Third, the market analysis of the candle industry in southwest China

(1) Market size of candle industry in southwest China

(2) Market status of candle industry in southwest China

(3) Market size forecast of candle industry in southwest China

Section 8 Northwest China Market Analysis

I. Overview of the Northwest Territories

Second, the analysis of the economic environment in Northwest China

Third, the market analysis of the candle industry in Northwest China

(1) Market size of candle industry in Northwest China

(2) The market status of the candle industry in Northwest China

(3) Northwest Candle Industry Market Size Forecast

Chapter 11: Candle Industry Company Analysis (Adjusted as Data Update)

Section 1 Enterprises

1. Enterprise overview

2. Main products

3. Operation

1. The situation of major economic indicators

2. Enterprise profitability analysis

3. Analysis of enterprise solvency

4. Analysis of enterprise operation capabilities

5. Analysis of enterprise growth ability

4. Analysis of the company's advantages

Section 2 Enterprises

1. Enterprise overview

2. Main products

3. Operation

Fourth, the company's advantages and disadvantages analysis

Section 3 Enterprises

1. Enterprise overview

2. Main products

3. Operation

4. Analysis of the company's advantages

Section 4 Enterprises

1. Enterprise overview

2. Main products

3. Operation

4. Analysis of the company's advantages

Section 5 Enterprises

1. Enterprise overview

2. Main products

3. Operation

4. Analysis of the company's advantages

Section 6 Enterprises

1. Enterprise overview

2. Main products

3. Operation

4. Analysis of the company's advantages

Section 7 Enterprises

1. Enterprise overview

2. Main products

3. Operation

4. Analysis of the company's advantages

Section 8 Enterprises

1. Enterprise overview

2. Main products

3. Operation

4. Analysis of the company's advantages

Section 9 Enterprises

1. Enterprise overview

2. Main products

3. Operation

4. Analysis of the company's advantages

Section 10 Enterprises

1. Enterprise overview

2. Main products

3. Operation

4. Analysis of the company's advantages

Chapter 12 Analysis and Forecast of China's Candle Industry Development Prospect from 2023 to 2030

Section 1 Analysis of the future development prospects of China's candle industry

First, the candle industry domestic investment environment analysis

Second, the analysis of market opportunities in China's candle industry

Third, China's candle industry investment growth forecast

Section 2 Forecast of the future development trend of China's candle industry

Section 3 Forecast of the scale development of China's candle industry

First, China's candle industry market size forecast

Second, the growth rate of China's candle industry market size

Third, the output value of China's candle industry is forecast

Fourth, the growth rate of China's candle industry output value

Fifth, China's candle industry supply and demand forecast

Section 4 Forecast of China's Candle Industry Profit Trend

Chapter 13 Analysis of China's Candle Industry Entry Barriers and Investment Risks from 2023 to 2030

Section 1 Analysis of entry barriers for China's candle industry

First, the candle industry capital barrier analysis

Second, the analysis of technical barriers in the candle industry

Third, the candle industry talent barrier analysis

Fourth, candle industry brand barrier analysis

Fifth, the analysis of other barriers in the candle industry

Section 2 Risk Analysis of Candle Industry

First, the macro environmental risk of the candle industry

Second, the technical risk of the candle industry

Third, the competition risk of the candle industry

Fourth, other risks in the candle industry

Section 3 Problems in China's candle industry

Section 4 Analysis of Problem-solving Strategies in China's Candle Industry

Chapter 14 Research Conclusions and Investment Recommendations of China's Candle Industry 2023-2030

Section 1 A review of the research on China's candle industry in the world

First, the investment value of the industry

2. Industry risk assessment

Section 2 Analysis of China's Candle Industry Entry Strategy

First, the target customer group of the industry

Second, the choice of market segment

Third, the choice of regional market

Section 3 Analysis of marketing strategies in the candle industry

First, candle industry product strategy

Second, the candle industry pricing strategy

Third, the candle industry channel strategy

Fourth, candle industry promotion strategy

Section 4: Observation and study of the world's analysts' investment recommendations

The chart is detailed in the body of the report...

In-depth Analysis of China's Candle Industry Development and Future Investment Forecast Report (2023-2030)

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