- In-Scope:
- Flint pocket lighters:
The pocket lighter market share growth by the flint pocket lighters segment will be significant during the forecast period. The multi-utilitarian advantages of flint pocket lighters will drive the growth of the segment. The introduction of refillable lighters is also a factor contributing to the growth. For instance, Zippo Manufacturing, a pocket lighter manufacturer based in the US, offers pocket lighters for $13, and its fuel costs around $2.75.
- Out-of-Scope:
- Electronic pocket lighters
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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Pocket Lighter Market includes the following core components:
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovation
Highlights-
- Segmentation- The report extensively covers market segmentation by Product (flint pocket lighters and electronic pocket lighters) and Geography (APAC, Europe, North America, South America, and MEA).
- Key Companies- BAIDE International Enterprise, Bic SA, Flamasats SL, LighterBro LLC, Ningbo Xinhai Electric Co. Ltd., S.T. Dupont SA, Swedish Match AB, TOKAI, Visol Products, and Zippo Manufacturing Co. among others
- Driver- Availability of a wide variety of pocket lighters to drive the market
- Challenge- Competition from substitute products of cigarettes to hamper the market growth
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Vendor Insights-
The pocket lighter market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
- BAIDE International Enterprise- The company offers flint lighters, windproof lighters, electric lighters and gas canisters. Moreover, the company also provides flint lighters which is refillable and reliable.
- Flamasats SL- The company offers lighters of various types such as metal, utility and pocket lighters. Moreover, the company also provides classic pocket lighters and refillable gas.
- LighterBro LLC- The company offers lighters, lighter holders and multi tool cases. Moreover, the company also provides various types of lighters such as signature edition and pro.
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Learn More about Key Driver & Challenge of the Market-
- Pocket Lighter Market Driver:
- Availability of a wide variety of pocket lighters:
One of the key factors driving the global pocket lighter market growth is the availability of a wide variety of pocket lighters such as reusable lighters, stormproof torch lighters, floating lighters, and waterproof lighters offered by vendors. For instance, Zippo Manufacturing offers Street Chrome Lighter & Fuel Canister Set, which has a windproof feature. Industrial Revolution (UCO Gear), a manufacturer of specialty outdoor gear based in the US, offers Stormproof torch & bottle Opener and Stormproof Torch & Utility Tape lighters. Ultimate Survival Technologies, a survival gear manufacturer based in the US, offers the UST Floating lighter. This lighter comes with acrylonitrile butadiene styrene (ABS) plastic, waterproof design with O-ring seal, wire bail for secure closure and buoyancy, and a ceramic flame window indicator that glows a bright white color when the lighter is ignited. The high demand for pocket lighters due to their day-to-day applications such as lighting stoves is expected to positively impact the market in focus during the forecast period.
- Pocket Lighter Market Challenge:
- Competition from substitute products of cigarettes:
The demand for pocket lighter is largely attributed to the sale of cigarettes. Hence, the decline in sales of cigarettes due to the availability of substitutes such as dissolvable tobacco, e-cigarettes, e-hookah, chewing tobacco, and snuff will affect the growth of the global pocket lighter market. Countries in North America, and Europe have been observing a decline in the number of smokers since 2019. For instance, the number of smokers in the US declined by around 6% in 2019. The declining trend continued in 2020 and 2021 as well. Similarly, the number of smokers in the UK hit an all-time low during 2019. Thus, the increase in adoption of other tobacco products will be a major challenge for the global pocket lighter market during the forecast period
Find additional information about various other market Drivers & Challenges mentioned in our FREE sample report.
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Pocket Lighter Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.04% |
Market growth 2021-2025 |
$ 1.18 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.54 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 41% |
Key consumer countries |
China, US, Germany, UK, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
BAIDE International Enterprise, Bic SA, Flamasats SL, LighterBro LLC, Ningbo Xinhai Electric Co. Ltd., S.T. Dupont SA, Swedish Match AB, TOKAI, Visol Products, and Zippo Manufacturing Co. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Flint pocket lighters - Market size and forecast 2020-2025
- Electronic pocket lighters - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive Scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- BAIDE International Enterprise
- Bic SA
- Flamasats SL
- LighterBro LLC
- Ningbo Xinhai Electric Co. Ltd.
- S.T. Dupont SA
- Swedish Match AB
- TOKAI
- Visol Products
- Zippo Manufacturing Co.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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