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Worst May be Over for Lighter Market; How Industry Players Will Regain 3.1% Growth Cycle Again
Lighter Market Latest Edition Published with Forecast to 2028- Dec 6, 2023
- Consumer Goods
AMA Research, a global market research and consulting organization, have released a new study titled "Lighter market - Global outlook to 2028".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Lighter market to grow at a CAGR of 3.1%.
The Distribution Channel, such as Online Stores, is boosting the Lighter market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Lighter market will experience significant growth during the forecast period due to potential opportunities lying in the market such as. Some of the important driving forces are “Increase in number of cigarette smokers worldwide, Surging the attractiveness of lighters by introducing new designs and advanced features and High profit margins associated with production of plastic pocket lighters”.
A lighter is a device that produces flames in order to light cigarettes, pipes, candles and other. It consists of a plastic or metal container which is filled with flammable gas or liquid. Various lighters are portable and can either be refillable or disposable. Today’s, lighters have become more convenient and safe for the consumers, whereas earlier they used to be larger and bulkier in size as well as much more dangerous
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Lighter market by Type (Gas and Electronic), by Application (Tobacoo, Kitchen/Fireplace and Multi Purpose) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Lighter market to grow at a CAGR of 3.1%.
The Distribution Channel, such as Online Stores, is boosting the Lighter market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Lighter market will experience significant growth during the forecast period due to potential opportunities lying in the market such as
A lighter is a device that produces flames in order to light cigarettes, pipes, candles and other. It consists of a plastic or metal container which is filled with flammable gas or liquid. Various lighters are portable and can either be refillable or disposable. Today’s, lighters have become more convenient and safe for the consumers, whereas earlier they used to be larger and bulkier in size as well as much more dangerous
The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Lighter market by Type (Gas and Electronic), by Application (Tobacoo, Kitchen/Fireplace and Multi Purpose) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market
Praveen Kumar
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