Korea Luxury Candle Markets Size & Outlook, 2025-2033
Korea Luxury Candle Markets Insights
- As per Deep Market Insights insights, the Korea Luxury Candle Markets stood at USD 74.56 Million in 2024 and is anticipated to grow to USD 179.27 Million by 2033.
- The Korea market is expected to advance at a CAGR of 10.27% from 2025 through 2033.
- In 2024, Paraffin accounted for the highest share of the Type market size.
- During the forecast period, Beeswax is set to register the highest growth, making it the most lucrative Type segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- As of 2024, Korea held 1.11% of the global Luxury Candle Markets size.
- By 2033, United States is anticipated to capture the largest share of the global Luxury Candle Markets.
- In Asia Pacific, China is expected to lead the regional Luxury Candle Markets size by 2033.
- Korea will remain the fastest-growing market in Asia Pacific, reaching USD 179.73 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 74.56 Million |
| Market Size In 2033 | USD 179.27 Million |
| Largest segment | Paraffin |
| Units | Revenue in USD Million |
| CAGR | 10.27% (2025-2033) |
| Segmnetation Covered | |
| Type |
|
| Application |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Korea Luxury Candle Markets Type 2025-2033 (USD Million)
| Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paraffin | XX.x | XX.x | XX.x | 29.87 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Soywax | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Beeswax | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Palm Wax | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Luxury Candle Markets Application 2025-2033 (USD Million)
| Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stand-Alone Boutiques | XX.x | XX.x | XX.x | 33.69 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Departmental Stores | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Specialty Stores | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.