Industry Background:
Matches are a fire lighting tool. These are made from wooden material or stiff paper. Matches are a convenient way to light the fire, they are feasible and very easy to handle. This has projected the growth of the global matches market in the forecast period.This growth is primarily driven by Increasing Demand for Matches From Rural Areas
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | Million Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Consumer Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Europe Match (Germany), Swedish Match (Sweden), Kanematsu Sustech (Japan), Kobe Match (Japan), Chugai Match (Japan), SOLO MATCHES & FLAMES, a.s. (Czechia), Nizam Matches (India), Apex Match Consortium (India), Pioneer Asia Group (India) and Swarna Match Factory (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Rising Use for Art and Craft Purpose
Market Growth Drivers:
Increasing Demand for Matches From Rural Areas and Rising Population of Cigarette Consumption across the Globe
Challenges:
Presence of Alternative Product like Lighter
Restraints:
High Living Standards and Urbanization and Increasing Disposable Income of Consumers
Opportunities:
Technological Development in the Manufacturing Process of the Matches
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Matches Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Matches Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Matches players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Matches Study Sheds Light on
The Matches Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Matches industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Matches industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.