Segmentation by type distinguishes the material composition of craft candles, each influencing cost structure and end‑use suitability. Soy‑based candles dominate the segment, capturing the largest share due to their renewable profile, clean burn, and compatibility with a wide fragrance range, which translates into higher margins. Beeswax candles, though premium‑priced, hold a modest yet growing niche owing to their natural origin and therapeutic claims, affecting the high‑end market slice. Paraffin candles remain the volume workhorse because of low raw‑material cost and ease of mass production, sustaining the core of the market despite environmental concerns. Gel candles, comprising a polymer‑gel matrix, serve specialized decorative applications, contributing a small but distinct revenue stream. Palm‑wax candles, derived from sustainable palm oil, are emerging in eco‑conscious segments, adding incremental growth potential. The relative weight of each type aligns with consumer priorities, regulatory trends, and supply‑chain dynamics, shaping the overall market size.