What is Rechargeable Lighter?
Lighter is a lightweight tool used to generate flame by igniting the combustible material. A pocket lighter is mainly used to lit a cigarette and sometimes to ignite other material. Rechargeable Lighters are the one which can be charged again and it works on cell or battery. The lockdown scenario caused due to the coronavirus outbreak, which is a respiratory disease-causing virus has highly affected the growth of the global electric pocket lighter market. The electric pocket lighter is an accessory mainly used by smokers and the effect of the disease has changed the consumer buying patterns in recent days. The lockdown scenario has affected the turnover and revenue of the market.
The market study is broken down by Type (Plasma Lighter and Electric Arc Lighter) and major geographies with country level break-up.
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Rechargeable Lighter market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BIC (France), Tokai International Holdings, Inc. (United States), Swedishmatch (Sweden), Zippo (United States), Colibri (United States), Ningbo Xinhai (China), S.T.Dupont (France) and Zhuoye Lighter Manufacturing Co. Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Rechargeable Lighter market by Type, Application and Region.
On the basis of geography, the market of Rechargeable Lighter has been segmented into 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). If we see Market by Distribution Channel, the sub-segment i.e. Offline Stores will boost the Rechargeable Lighter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Single Arc will boost the Rechargeable Lighter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Increasing Focus on Marketing Strategy and Product Innovation
- Emphasizing on Development of Child-Resistant Rechargeable Lighter
Market Drivers
- Increasing Demand Owing To Easy Usability of Rechargeable Lighters
- Growing Demand Form the Millennials
Opportunities
- Rising Demand for Attractive and Advanced Featured Rechargeable Lighters
- Growing Online Distribution Channel for Pocket Lighter
Restraints
- Growing Incidences of Exploding Rechargeable Lighters
Challenges
- Emergence of Substitute Products-Such As Disposable Lighters
Key Target Audience
Rechargeable Lighters Manufacturers, Rechargeable Lighters Distributors, Potential Investors, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes, Business Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.