10 Candle Business Ideas To Start In [2024]

Pat Walls

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Updated: July 12th, 2024

Are you Interested in starting a candle business? Candle business ideas are very easy to start and affordable.

There are plenty of low-investment candle business ideas you can start and generate lucrative profits. You can start a small-scale candle manufacturing business from home as it does not require machinery.

We put together a list of the best candle business ideas you can start in 2024

Here is a list of the top candle businesses you can start:

1. Become a candle manufacturer

Candle manufacturing is one of the best small business ideas you can start from home. Making candles comes with a low startup cost and does not require much equipment. If you plan to start a candle manufacturing business, hone your craft and get comfortable with the candle-making process.

How much you can make: $4,000 — $1,000,000/month

How much does it cost to start: $5,200 (?)

How long does it take to build: 90 days (?)

Selling Over 4,500 Candles

Wax & Wick is a 100% soy candle company with wood wicks, that creates environmentally-friendly products; starting off making $1,000 a month in 2015, they brought in about $20,000 per month during Q3 2017 and plan to add ten new scents and a premium sized jar for 2018's $50,000 per month goal.

Read this case study

Read by 19,364 founders

2. Start a candle holder business

According to statistics, the demand for candle holders is set to witness a CAGR of around 10.5% over the next few years. A growing population is very much in line with the increasing demand for candle holders. Apart from the functionality of candle holders, users have diverted them towards being decorative items.

Therefore, there is a ready market for candle holders, and starting a business in that line can be a lucrative opportunity.

How much you can make: $2,500 — $500,000/month

How much does it cost to start: $250 (?)

How long does it take to build: 60 days (?)

Selling Over 4,500 Candles

Read this case study

Read by 19,364 founders

3. Become a candle magician business

Candle magic is an effective yet simple way to earn money. Candle magicians use mysterious or supernatural forces to excite their audience. Paid candle magicians can earn decent revenue from the business. You must have excellent skills and create unique performances to earn a good profit.

4. Start a religious candles business

Votive candles, also known as prayer candles, are white or beeswax yellow candles intended to be burnt as a votive offering in the act of prayer. The religious candles are popular among Anglican, Lutheran, and roman catholic Christians.

Lighting a votive candle is a way to extend the prayer and a sign of solidarity with the person the prayer is made on behalf of.

Christian believers also light the prayer candles to indicate gratitude to God for answering their prayers. Many votive candles are made using beeswax, and there is a reason for this.

How much you can make: $500,000/month

Selling Over 4,500 Candles

Read this case study

Read by 19,364 founders

5. Start a candle business

The candle industry is one of the fastest-growing industries in the world.

Candle making was one of the first industries to be industrialized, and now up to 90% of all candles are made by machinery. Yet most of us still make our own candles from home, creating a demand for handcrafted, high-quality candles from candle manufacturers even in today's automated world.

A candle business is a worthwhile idea for an entrepreneur who wants to make some extra money in their free time from the comfort of their own home. There are many opportunities for this type of business if you consider it seriously.

How much you can make: $500 — $1,000,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 75 days (?)

Time commitment per week: Min. 5 hours/week

How I Started A $20K/Month Southern Inspired Candle Business

Southern Elegance Candle Company, founded by D'Shawn Russell, started as a side hustle making around $200 per weekend at a local Farmers Market, but now averages approximately $20,000 per month in sales across their retail site, wholesale site, and Faire.

Read this case study

Read by 72,288 founders

6. Start a scented candles business

The global scented candles market will reach a CAGR of 4.1% in the coming decade. Experts attribute this market growth to gaining prominence across the globe. People can use scented candles to create a pleasant ambiance at households and public locations such as hotels and restaurants.

The candle business is a low-cost and highly profitable venture. You can sell candles online or supply them to local customers.

How much you can make: $2,500/month

How much does it cost to start: $100 (?)

How I Started A Candle Brand With $100 In 30 Days

Find out how a candle brand started with less than $100 and, in just eight months, achieved $5,000 in revenue, landed deals with major companies such as Greetabl and Kinder Beauty, and enjoyed a 86% profit margin thanks to its eco-friendly, handmade, and affordable candle products.

Read this case study

Read by 17,085 founders

7. Start a soy candle business

Soy wax candles are nontoxic, making them a favorite choice for homesteads. Typically, soy wax is vegetable wax and does not release toxins into the air. Thus, people concerned about the indoor air quality of their homes, choose soy wax candles.

With the increased health-conscious population, starting a soy wax business can be profitable.

How much you can make: $14,000 — $140,000/month

How much does it cost to start: $5,000 (?)

How I Started A $20K/Month Southern Inspired Candle Business

Read this case study

Read by 72,288 founders

8. Start a candle making YouTube channel

If you are a content creator looking for a good business idea, consider starting a candle-making YouTube channel. Upcoming entrepreneurs and existing entrepreneurs are using online platforms, including YouTube, to learn more about different business ideas and how they can start.

Therefore, if you are a content creator interested in teaching people different business ideas, consider starting a candle-making YouTube channel.

9. Start a vegan candle business

A growing segment of shoppers is concerned with the materials businesses use to make their products. For instance, candles made using beeswax aren’t desirable to many consumers. Thus, starting a vegan candles business can be a great business opportunity.

Vegan candles use modified formulas with ingredients such as soy wax, plant-based waxes, fragrance oils, and natural fragrances. Thus, starting a vegan candles business can be a great business opportunity.

How much you can make: $4,000/month

How much does it cost to start: $400 (?)

How long does it take to build: 60 days (?)

How We Started A $5K/Month Business Making Soy Candles And Diffusers At Home

Vintage Vegan Candle Co started as a hobby during the pandemic, and has now become a fast-growing business generating £15,000 in its first 10 months selling homemade, sustainable soy candles and diffusers.

Read this case study

Read by 8,298 founders

10. Start a decorative candles business

Candles have been used for decorative purposes in restaurants, home parties, weddings, and in celebrating festivals like Christmas and Diwali. With the increasing demand for decorative candles, starting a decorative candles business can be a profitable opportunity.

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Pat Walls