3 Candle Holder Business Success Stories [2024]
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.
In this list, you'll find real-world candle holder business success stories and very profitable examples of starting a candle holder business that makes money.
1. Headline Solar ($6M/year)
Kevin Gillespie noticed the black residue left by traditional candles on his walls and decided he could create a better candle. After experimenting in his mom's kitchen and facing initial challenges, Wax & Wick now brings in $20,000 per month and plans to add more scents and expand its customer base.
How much money it makes: $6M/year
How many people on the team: 20
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.
2. Vintage Vegan Candle Co ($48K/year)
Adam, the founder of Vintage Vegan Candle Co, came up with the idea during the COVID-19 pandemic, which greatly impacted the theater and events industry that he worked in. Wanting to explore the history of lighting and create a product that was environmentally-friendly, he taught himself the art of candle making. His business has since generated £15,000 in the first 10 months, exceeding his initial goal of making £5,000 in the first year.
How much money it makes: $48K/year
How much did it cost to start: $400
How many people on the team: 1
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.
3. TERRA ($30K/year)
Dianna, the founder of TERRA, started her business with less than $100 and in just 8 months, she has sold her eco-friendly candles to dream companies like Greetabl and Kinder Beauty. With a background in graphic design and a passion for physical crafts, Dianna found inspiration while traveling and decided to dive into candle making upon returning home to St. Louis. She took a risk, put up what she could, and successfully launched her candle business, proving that starting with limited resources is possible.
How much money it makes: $30K/year
How much did it cost to start: $100
How many people on the team: 1
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.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.