South Korea Candle Market Share, Size, Growth & Forecast 2025-2033

IMARC Group has recently released a new research study titled “South Korea Candle Market Size, Share, Trends and Forecast by Product, Wax Type, Distribution Channel, and Region, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Candle Market Overview

The South Korea candle market size reached USD 200.11 Million in 2024. Looking forward, the market is expected to reach USD 310.97 Million by 2033, exhibiting a growth rate (CAGR) of 5.02% during 2025-2033.

Market Size and Growth

Base Year: 2024

Forecast Years: 2025-2033

Historical Years: 2019-2024

Market Size in 2024: USD 200.11 Million

Market Forecast in 2033: USD 310.97 Million

Market Growth Rate (2025-2033): 5.02%

Request for a sample copy of the report: https://www.imarcgroup.com/south-korea-candle-market/requestsample

Key Market Highlights:

✔️ Strong growth driven by increased consumer interest in home decor and ambiance
✔️ Rising demand for scented and artisanal candles among health-conscious consumers
✔️ Growing popularity of eco-friendly and sustainable candle materials

South Korea Candle Market Trends and Drivers:

Rising Demand for Scented and Decorative Candles

The South Korea Candle Market is experiencing a notable increase in demand for scented and decorative candles as consumers increasingly seek to enhance their living spaces. The trend towards home decor has led to a surge in the popularity of candles that not only provide illumination but also serve as aesthetic elements in interior design. By 2025, the South Korea Candle Market Size is projected to expand significantly, driven by consumer preferences for unique and artisanal products. This growth is fueled by the rise of social media platforms, where aesthetically pleasing home settings are showcased, inspiring consumers to invest in decorative candles that complement their personal style. As the market evolves, brands are focusing on creating diverse scents and designs, further appealing to the growing consumer base.

Emphasis on Eco-Friendly and Sustainable Options

With increasing awareness of environmental issues, there is a strong shift towards eco-friendly and sustainable candle options within the South Korea Candle Market. Consumers are becoming more conscious of the materials used in candles, leading to a preference for products made from natural waxes, such as soy or beeswax, and those that utilize sustainable packaging. By 2025, the South Korea Candle Market Share is expected to reflect this trend, as more brands adopt environmentally friendly practices to meet consumer demand. This shift not only aligns with global sustainability initiatives but also enhances brand loyalty among environmentally conscious consumers. As a result, companies are innovating to create candles that are both beautiful and sustainable, appealing to a broader audience.

Growth of Online Retail Channels

The South Korea Candle Market is witnessing a significant transformation due to the growth of online retail channels, which have become increasingly popular among consumers seeking convenience and variety. E-commerce platforms are providing easier access to a wide range of candle products, from luxury brands to local artisans. By 2025, the South Korea Candle Market Growth is anticipated to be largely driven by the expansion of online shopping, as consumers prefer the ability to browse and purchase candles from the comfort of their homes. This trend is further enhanced by targeted marketing strategies and social media promotions that engage potential buyers. As online sales continue to rise, businesses are investing in their digital presence to capitalize on this shift, ensuring that they meet the evolving preferences of today’s consumers.

Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=39733&flag=C

South Korea Candle Market Segmentation:

The market report segments the market based on product type, distribution channel, and region:

Product Insights:

• Votive
• Container Candle
• Pillars
• Tapers
• Others

Wax Type Insights:

• Paraffin
• Soy Wax
• Beeswax
• Palm Wax
• Others

Distribution Channel Insights:

• B2B
• B2C

Regional Insights:

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others

Competitive Landscape:

The market research report offers an in-depth analysis of the competitive landscape, covering market structure, key player positioning, top winning strategies, a competitive dashboard, and a company evaluation quadrant. Additionally, detailed profiles of all major companies are included.

Key Highlights of the Report

1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter’s Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers create lasting impact. The firm offers comprehensive services for market entry and market expansion. IMARC's services include thorough market assessments, feasibility studies, company formation assistance, factory setup support, regulatory approvals and license navigation, branding, marketing and sales strategies, competitive landscape and benchmark analysis, pricing and cost studies, and sourcing studies.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302