Global Safety Match Market Overview:
Safety matches are matches that will only ignite when struck against a specially prepared striking surface like those found on the sides of matchbooks and matchboxes. They are the type that probably has in the kitchen or camping gear stash right now. Safety matches also have a couple of derivations beyond simple kitchen matches. Safety matches is a sort of umbrella term, underneath which find waterproof matches and stormproof matches.
Growth Drivers
- Increasing Demand for Matches From Rural Areas
- High Demand for Safety Match due to Easy Handling
Market Trends
- Rising Use for Art and Craft Purpose also for Making Games such as Puzzles
Roadblocks
- Fluctuation in the Raw Material Cost
Opportunities
- Technological Development in the Manufacturing Process of the Matches
- High Demand from Emerging Market
Challenges
- Introduction of More Fire-lighting Tools
Competitive Landscape:
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.
Some of the key players profiled in the report are Sri Kaliswari (India), AtlasMatch (United States), Apex Match (India), Jarden (United States), Litewel Match Industries (India), Guptha Match (India), The Arasan Match Industries (India), Nizam Matches (India), Kavitha Match Industries (India) and Thangavel Match Industries (India). Additionally, following companies can also be profiled that are part of our coverage like Swarna Match Factory (India). Analyst at AMA Research see India Vendors to retain maximum share of Global Safety Match market by 2026. Considering Market by Material , the sub-segment i.e. Sulfur will boost the Safety Match market. Considering Market by Distribution Channel, the sub-segment i.e. Supermarkets & Hypermarkets will boost the Safety Match market. Considering Market by Packaging, the sub-segment i.e. Match Boxes will boost the Safety Match market.
What Can be Explored with the Safety Match Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Safety Match Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Safety Match
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Safety Match market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Safety Match market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Safety Match Manufacturers, Safety Match Suppliers and Distributors, Safety Match Material Providers, Market Research Firms, Potential Investors, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.