“According to the U.S Consumer Product Safety disposable Lighter means a lighter that either is not refillable with fuel or uses a gaseous fuel (butane, propane, etc.) under pressure and has a customs value or ex-factory price under USD 2.25 (adjusted factory price under USD 2.25 (adjusted every 5 years). Moreover, the standard requires that each unit of disposable or novelty lighter must be labeled with an identification of the manufacturing time period, not to exceed 31 days, during which the lighter was made.”
The article cited AMA's "Global Disposable Lighters Market Study" explored substantial growth of 2.28%. According to the report, Increasing Focus on Marketing Strategy and Product Innovation
is one of the primary growth factors for the market. Increasing Demand Owing To Easy Usability of Disposable Lighters
is also expected to contribute significantly to the Disposable Lighters market. Overall, applications of Disposable 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 Disposable 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 Component, such as Reservoir, is boosting the Disposable 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 Disposable Lighters market identified that the demand is rising in many different parts of the world as "Rising Demand for Attractive and Advanced Featured Disposable Lighters
". Furthermore, some recent industry insights like ", Aug. 18, 2020 /PRNewswire/ -- BIC, a world leader in stationery, li, Aug. 18, 2020 /PRNewswire/ -- BIC, a world leader in stationery, lighters and shavers, today introduced the BIC EZ Reach lighter, hailing it as the ultimate lighter for all lighting occasions. It is designed for lighting hard-to-reach places while helping to keep fingers away from the flame. The new innovative design is a perfect combination of the iconic BIC Pocket Lighter and the longer-reaching BIC® Multi-purpose Lighter.ghters and shavers, today introduced the BIC EZ Reach lighter, hailing it as the ultimate lighter for all lighting occasions. It is designed for lighting hard-to-reach places while helping to keep fingers away from the flame. The new innovative design is a perfect combination of the iconic BIC Pocket Lighter and the longer-reaching BIC® Multi-purpose Lighter." 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 Disposable 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 2022 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 Disposable 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 Disposable Lighters market size is calculated using market estimation process, the Disposable 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 Disposable Lighters market size has been validated using both top-down and bottom-up approaches.