Pocket Lighters Market Scope
Pocket lighter refers to a device for lighting cigars or cigarettes. It can be also used for lighting stoves, candles, fireworks, and others. Market players involved in the market are focusing on marketing strategies and product innovation such as lighters with attractive designs and advanced features. Further, the growing online distribution channel, rising preference for metal and electronic pocket lighter expected to drive the demand for pocket lighter over the forecasted period.
According to AMA, the Global Pocket Lighters market is expected to see growth rate of 2.34%
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Pocket Lighters market throughout the predicted period.
Société BIC S.A. (France), Tokai International Holdings, Inc. (United States), Swedishmatch (Sweden), Ningbo Xinhai (China), Zhuoye Lighter Manufacturing Co. Ltd. (China), Baide International (China), Benxi Fenghe Lighter (China), Shaodong Hefeng Industrial Co., Ltd. (China), BIC (France), Zippo (United States) and ST Dupont (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Ronson (United States), Colibri (United States) and Alfred Dunhill (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Pocket Lighters market by Type (Flint Cigarette Lighter and Electronic Cigarette Lighter) and Region with country level break-up.
On the basis of geography, the market of Pocket Lighters 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).
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.
“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.”
Market Trend
- Emphasizing on Development of Child-Resistant Lighter
- Rising Preference for Electronic Cigarette Lighter
- Increasing Focus on Marketing Strategy and Product Innovation
Market Drivers
- Increasing Demand Owing to Easy Usability of Pocket Lighters
- Rising Demand for Attractive and Advanced Featured Pocket Lighters
Opportunities
- Increasing Demand for the Metal Pocket Lighter
- Growing Online Distribution Channel for Pocket Lighter
Restraints
- Growing Incidences of Exploding Pocket Lighters
- stringent Government Regulations Regarding Lighter Manufacturing
Challenges
- Emergence of Substitute Products Such As E-Cigarettes
Key Target Audience
Pocket Lighters Manufacturers, Pocket Lighters Distributors, Online Retailers, Government Research Institutes, Market Research Firms and Others