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Article: Burning at both ends: while candle prices are set to increase, consumers are still seeking affordable luxury with scents that mimic desserts, candy, fruits and herbs.(nonfoods for profit)
- Article from:
- Grocery Headquarters
- Article date:
- August 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 MacFadden Communications Group LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jack be nimble, Jack be quick. ... Jack can't afford a candlestick?
While it's not quite that bad, the rising cost of petroleum has not only driven gas prices over $4 a gallon, it has candle makers feeling the heat as well. Candle manufacturers say that the struggling economy is also putting the squeeze on more than the traditional petroleum-based candle products. Costs for eco-friendly alternatives such as those made of soy, beeswax or palm oil are rising almost as quickly.
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According to industry insiders, the cost of raw materials that make up the majority of all candle products has nearly tripled over a short period of ...