Disposable Lighters Market Scope
Disposable lighters refer to a device for lighting cigars or cigarettes. It can be also used for lighting candles, stoves, fireworks, and others. Market players involved in the market are focusing on marketing strategies to promote the products and product innovation such as lighters with advanced features and attractive designs. Further, the growing online distribution channel, and the rising preference for disposable lighter expected to drive the demand for a disposable lighter over the forecasted period.
According to AMA, the Global Disposable Lighters market is expected to see growth rate of 2.28%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. Research Analyst at AMA estimates that China Vendors will contribute to the maximum growth of Global Disposable 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).
Segmentation Overview
The study have segmented the market of Global Disposable Lighters market by Type (Flint Lighters, Electronic Lighters and Others) and Region with country level break-up.
On the basis of geography, the market of Disposable 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).
Influencing Trend:
Increasing Focus on Marketing Strategy and Product Innovation and Emphasizing on Development of Child-Resistant Disposable Lighter
Market Growth Drivers:
Increasing Demand Owing To Easy Usability of Disposable Lighters and Growing Demand Form the Millennials
Challenges:
Emergence of Substitute Products Such As E-Cigarettes
Restraints:
Growing Incidences of Exploding Disposable Lighters and Environmental Hazards Due To Disposable of Lighters
Opportunities:
Rising Demand for Attractive and Advanced Featured Disposable Lighters and Growing Online Distribution Channel for Pocket Lighter
Market Leaders and their Expansionary Development Strategies
In 2022, the pocket lighter market’s most substantial contributor was the flint category, commanding a dominant share exceeding 61% of the global revenue. This robust presence can be attributed to the widespread adoption of flint lighters by a plethora of brands.
, 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.
“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.”
Key Target Audience
Disposable Lighters Manufacturers, Disposable Lighters Distributors, Potential Investors, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes, Business Consulting Firms and Others
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 the total available market.