About Plastic Lighters
A lighter is a device that produces flames in order to light cigarettes, pipes, candles and other. It consists of a plastic or metal container which is filled with flammable gas or liquid. Various lighters are portable and can either be refillable or disposable. Today’s, lighters have become more convenient and safe for the consumers, whereas earlier they used to be larger and bulkier in size as well as much more dangerous.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that Chinese Vendors will contribute the maximum growth to Global Plastic Lighters market throughout the forecasted 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 Corporation (Japan), Flamagas S.A (Spain), Swedish Match (Sweden), NingBo Xinhai (China), Baide International (China), Ningbo Shunhong (China), Zhuoye Lighter (China), Benxi Fenghe Lighter (China) and Wansfa (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Cricket Lighters (Netherland), Colibri (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Plastic Lighters market by Type (Flint and Electronic) and Region.
On the basis of geography, the market of Plastic 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Plastic Lighters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Shift from Traditional Lighters to Electronic Cigarette Lighters
Market Growth Drivers:
Increasing Number of Cigarette Smokers Worldwide and Surging the Attractiveness of Lighters by Introducing New Designs and Advanced Features
Challenges:
Raising Awareness About the Health Threats Posed By Smoking Cigarettes and The emergence of Tabaco Heat Not Burn Products and Electric Cigarettes
Restraints:
Increasing Prevalence of Pocket Lighters Exploding
Opportunities:
Rising Disposable Incomes and Changing Lifestyles
Market Leaders and their expansionary development strategies
In July 2020, The French manufacturer of plastic products such as lighters, disposable razors and pens BIC has announced the acquisition of its competitor Djeep for EUR 40m. With this takeover, BIC CEO Gonzalve Bich intends to strengthen the company’s position in the lighters market and sees substantial growth opportunities in Europe and North America.
In November 2023, Yara introduces sustainable packaging. Yara is reducing its environmental impact and is introducing packaging made with at least 30 percent recycled plastic all over Europe during 2023.
Key Target Audience
Manufacturers of Plastic Lighters, Suppliers of Plastic Lighters, Wholesalers, Distributors and Retailers of Plastic Lighters and Online Retailers
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.