10 December 2019 - The Global Disposable
Lighter Market is expected to
display higher growth rate over the upcoming years. Rapid surge in the market
is credited to the ever-growing cigarette smoking population across the globe
and increasing product penetration in the global market. Rise in number of
online as well as offline distribution channels across the globe is expected to
drive the growth of the market over the forecast period. Globally, disposable
lighter market is predicted to generate massive revenue over the forecast
period, providing numerous opportunities for industry participants to invest in
research and development of disposable lighters.
Rising
cigarette smoking population, particularly in the Asia Pacific region, is
propelling market demand for disposable lighter over the past few years.
However, increasing efforts by local as well as international authorities and
cancer awareness programs are expected to restrain market growth to a certain
extent. Yet, easy availability of disposable lighter due to rising number of
distribution channels and product innovation is further fostering market demand
over the coming years. Several distribution channels include supermarkets,
hypermarkets, convenience stores, specialist retailers, online retailers and
directly sales.
A
disposable lighter is termed as a portable device that is used to ignite
combustible materials, such as cigars, gas stoves, fireworks, candles and
cigarettes. A disposable lighter typically made up of a metal or plastic
container, which is jam-packed with a flammable fluid or pressurized liquid
gas. An electric arc or heating element is used for ignition to produce the
flame. Availability of range of product and appealing designs is expected to
favor market growth. In addition, use of low cost raw materials and development
of electronic cigarette lighters is further strengthening market growth over
the coming years.
The
disposable lighter market is broadly categorized into major segments based on
the product type such as flint lighters and electronic lighters. Flint lighters
segment is growing rapidly in the the market with substantial revenue
generation in the last few years.
The
disposable lighter market is divided by region as North America, Europe,
Asia-Pacific, Latin America and Africa. North America has shown major growth in
recent years owing to the rise in implementation of latest technologies in
manufacturing sector, and existence of well-established industrial
infrastructure in the region. In European region, Germany, France, and United
Kingdom are projected to witness steady growth.
Asia-Pacific
region is estimated to hold a major share in the disposable lighter industry
with massive growth in forecast period. Countries such as India, China and
Singapore are leading the Asia-Pacific market with strong economic growth,
ever-growing cigarette smoking population, rising disposable income, and
significant investment by leading industry players considering potential growth
opportunities in the region.
The
key players in the disposable lighter market are Société BIC S.A., Tokai Global
Co., Flamagas S.A., Swedish Match AB, Ningbo Xinhai Electronics Manufacture
Co., Ltd., Baide International Group Co., Ltd., Ningbo Shunhong Electrical
Appliance Co., Ltd., Cixi Wansfa Lighter Industrial Co., Ltd., Hefeng Industry
Development Co., Ltd., Shaodong County Lvshi Trade Co., Ltd., and Shaodong
Lianhua Lighter Manufacture Co., Ltd.
Market Segment:
Report contents include
•
Analysis of the disposable lighter market including revenues, future growth,
market outlook
•
Historical data and forecast
•
Regional analysis including growth estimates
•
Analyzes the end user markets including growth estimates.
•
Profiles on disposable lighter including products, sales/revenues, and market
position
•
Market structure, market drivers and restraints.
Key regions
•
North America
•
Europe
•
Asia Pacific
•
Middle East and Africa
•
South America
Key Vendors
•
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