Candle Making Business Idea: There was a time when candles were used to light up homes, but now they are used for various purposes. The demand for decorative candles has significantly increased in the market. The candle market is now categorized based on different fragrances and scents. If you want to start a business from home where women in your family can also participate and earn well, then this business is a great option.
If you know how to make candles and can create different types of decorative and scented candles, then the candle-making business can take you to new heights.
Candle Making Business Idea
Before starting a candle-making business, you need to learn all the necessary skills. You can gather information from YouTube. If you want to establish a successful candle-making business, you need to arrange for an investment and analyze how many people in your area are already running this business. You can even launch your own candle brand.
Before starting the business, plan the types of scented candles you will make, the pricing, where you will source raw materials, where you will sell the finished candles, and the profit margins. It is essential to calculate all these factors beforehand.
Investment in Candle Making Business
If you want to start a candle-making business, you can begin from home on a limited budget. The investment required for a home-based setup ranges from ₹25,000 to ₹2,00,000. This amount will be spent on purchasing raw materials for candle making, such as candle-making machines, different types of fragrances and essences, various molds, decorative items, wicks, and different colors.
Where to Sell Your Candles?
You can sell your candles both online and offline to generate good revenue. There is a vast online market for decorative candles, so understanding the online business model and selling your candles through e-commerce platforms can be highly profitable. Additionally, you can supply your candles to nearby shops, restaurants, hotels, and other businesses.
There is no income limit in the candle-making business. By starting on a small scale from home, you can easily earn between ₹20,000 to ₹40,000 per month. If you expand your business online, your earnings can increase even more.