South Korea candle market Size, Share, Latest Insights and Forecast 2025-2033

IMARC Group has recently released a new research study titled “South Korea candle market Size, Share, Trends and Forecast by Component, Deployment Mode, SMS Traffic, Application, End User, 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 was valued at USD 200.11 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 310.97 Million by 2033, exhibiting a (CAGR) of 5.02% from 2025-2033.

Market Size and Growth

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:

✔️ Rising consumer focus on wellness and ambiance fueling scented candle demand
✔️ Growing popularity of home décor trends boosting decorative candle sales
✔️ Shift toward eco-friendly, soy-based, and non-toxic candles supporting sustainable consumption
✔️ Surge in premium and artisanal candle offerings catering to niche lifestyle preferences

Trends in the South Korea Candle Market

The South Korea candle market is poised to experience several notable trends that will shape its future landscape. One significant trend is the increasing focus on wellness and mindfulness, with candles being used as tools for relaxation and stress relief. By 2025, the South Korea candle market size is expected to grow as consumers seek products that enhance their self-care routines and promote mental well-being. Scented candles, particularly those infused with essential oils, are becoming popular for their therapeutic benefits, aligning with the broader wellness movement.

 Additionally, the rise of artisanal and handcrafted candles is gaining momentum, with consumers gravitating towards unique, small-batch products that offer a personal touch. The South Korea candle market share is likely to reflect this trend as consumers prioritize quality and craftsmanship over mass-produced items. Furthermore, sustainability will continue to be a key consideration, with brands increasingly adopting eco-friendly materials and practices in their production processes.

These trends highlight the evolving dynamics of the candle market in South Korea, positioning it for sustained growth and innovation in the coming years.

Market Dynamics of South Korea Candle Market

Growing Popularity of Scented and Decorative Candles

The South Korea candle market is experiencing significant growth driven by the increasing popularity of scented and decorative candles. Consumers are increasingly seeking products that enhance their living spaces and create a relaxing atmosphere. By 2025, the South Korea candle market size is expected to expand as more individuals incorporate candles into their home decor and self-care routines. Scented candles, in particular, have gained traction for their ability to evoke emotions and create ambiance, making them a staple in homes, spas, and wellness centers. The rise of social media platforms has also contributed to this trend, as consumers share their experiences with aesthetically pleasing candles, leading to heightened demand. Additionally, many consumers are becoming more conscious of the ingredients used in candles, driving interest in eco-friendly and natural options. This shift towards sustainable products is expected to further influence market dynamics, as brands that prioritize quality and sustainability will likely capture a larger share of the market.

Impact of E-Commerce and Online Retailing

Another critical dynamic influencing the South Korea candle market is the rapid growth of e-commerce and online retailing. The convenience of online shopping has transformed how consumers purchase candles, allowing them to explore a wider variety of brands and products from the comfort of their homes. By 2025, the South Korea candle market share is anticipated to increase significantly due to the proliferation of e-commerce platforms that specialize in home goods and lifestyle products. Online retailers often provide detailed product descriptions, customer reviews, and unique packaging, enhancing the overall shopping experience. Additionally, the COVID-19 pandemic accelerated the shift towards online shopping, leading to a surge in demand for home-centric products, including candles. As more consumers turn to online channels for their purchasing needs, candle manufacturers and retailers must adapt their strategies to meet this demand, focusing on digital marketing and enhancing their online presence to attract a broader customer base.

Rising Interest in DIY and Customization

The South Korea candle market is also witnessing a rising interest in DIY (do-it-yourself) candle-making and customization. Consumers are increasingly looking for unique and personalized products that reflect their individual tastes and preferences. By 2025, the South Korea candle market size is expected to reflect this trend as more people engage in candle-making workshops and purchase DIY kits to create their own candles at home. This growing interest in customization allows consumers to experiment with various scents, colors, and designs, fostering a deeper connection to the products they create. Additionally, social media platforms have played a significant role in popularizing DIY candle-making, as users share their creations and inspire others to join in. This trend not only enhances consumer engagement but also encourages brands to offer customizable options, further driving market demand. As the DIY culture continues to thrive, it is likely to shape the future of the candle market in South Korea.

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

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: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800
United States: +1-201971-6302