Soy Candle Business

Business Idea: Start A Soy Candle Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$77K
Avg Startup Costs
$10.9K
Market Size
Avg Revenue

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.

Revenue & Profitability

How much do soy candle businesses make?

Examples Of Successful Soy Candle Businesses

Successful soy candle business businesses and case studies

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.

$140K Monthly Revenue
Read by 72,319 founders

How one founder bought an existing candle business for $3,000 and grew it to making $14k per month by focusing on wholesale opportunities and direct relationships with manufacturers for cost-efficient sourcing.

$14K Monthly Revenue
$5K Startup Costs
Read by 13,821 founders

See full list of successful soy candle businesses.