Gas Lighters Market Scope
Gaslighters are used to lighting cigarettes, gas stoves, candles, etc. It is ignited with the help of a piezoelectric effect to generate an electric spark for a combustible flame. Growing consumption of cigarettes and the introduction of a range of premium products are increasing the demand of the lighters around the world. However, unawareness in the underdeveloped economy and entry of substitute products like e-cigarette might hinder the growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | BIC (France), Scorch Torch (United States), Baide International (China), Colibri Group (United States), Marlboro (United States), Zippo (United States), Shaodong County Hefeng Industry Co. (China), Ningbo Xinhai Electric Co. Ltd. (China) and Swedish Match (Sweden) |
CAGR | 4.0% |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Gas Lighters market throughout the predicted period.
BIC (France), Scorch Torch (United States), Baide International (China), Colibri Group (United States), Marlboro (United States), Zippo (United States), Shaodong County Hefeng Industry Co. (China), Ningbo Xinhai Electric Co. Ltd. (China) and Swedish Match (Sweden) are some of the key players that are part of study coverage.
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.
Segmentation Overview
The study have segmented the market of Global Gas Lighters market by Type , by Application (Home Use and Commercial Use) and Region with country level break-up.
On the basis of geography, the market of Gas 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).
region held largest market share in the year 2023.
In 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 were of poor quality and copied products of BIC
“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.”
Influencing Trend:
Increasing Adoption of Highly Innovative Gas Lighter Designs and Introduction of Child Resistant Lighters and expansion in the Premium range of Products
Market Growth Drivers:
Growing Population of Smokers is Increasing the Demand of Gas Lighters
Challenges:
Price Fluctuations according to the Gas Connection and The entry of Substitute Products like E-Cigarettes might hinder the Growth
Restraints:
Risk of Safety Associated with Lighter Handling and Unavailability of Gas Connection in Underdeveloped Countries
Opportunities:
Growing International Trades for Basic Consumer Goods and Increasing Research and Developments in enhancing Manufacturing Safety
Key Target Audience
Gas Lighters Manufacturers, Gas Lighters Distributors and Suppliers, International Traders of Gas Lighters, Research and Development Institutes, Potential Investors, Regulatory Bodies and Other