“According to the U.S. Consumer Product Safety Commission, Safety Standard for Cigarette Lighters Title 16, Code of Federal Regulations, Part 1210 states Lighters subject to the standard shall be resistant to successful operation by at least 85% of the child-test panel when tested in the manner prescribed 1210.4, Test Protocol.”
The article cited AMA's "Global Pocket Lighters Market Study" explored substantial growth of 2.34%. According to the report, Emphasizing on Development of Child-Resistant Lighter
is one of the primary growth factors for the market. Increasing Demand Owing to Easy Usability of Pocket Lighters
is also expected to contribute significantly to the Pocket Lighters market. Overall, applications of Pocket Lighters, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Sales Channel, such as Modern Trade, is boosting the Pocket Lighters market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Material Type, such as Plastic, is boosting the Pocket Lighters market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Pocket Lighters market identified that the demand is rising in many different parts of the world as "Increasing Demand for the Metal Pocket Lighter
". Furthermore, some recent industry insights like "6the December 2018, BIC, engaged in manufacturing safe, high-quality stationery, lighters, files lawsuits at the International Trade Commission (ITC) and the United States Federal District Court for the Eastern District of New York, to stop import and sale of knock-off pocket lighters in the United States. As these lighters are of low-quality copy of the iconic design of BIC's lighters." is constantly making the industry dynamic.
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 Pocket Lighters market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Pocket Lighters market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Pocket Lighters market size is calculated using market estimation process, the Pocket Lighters market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Pocket Lighters market size has been validated using both top-down and bottom-up approaches.