The global demand for Electric Pocket Lighter Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
An electric pocket lighter is a device that produces an electrical arc to light cigarettes. It contains pressurized gas in a plastic reservoir to generate a flame. Electric pocket lighter is multipurpose in use, they can be used to light a candle, ignite the gas stove, or light up firecrackers, but they are commonly used for lighting cigarettes.
Market Dynamics
The demand for electric pocket lighters is growing continuously in emerging countries due to the rising number of smokers. Most smokers carry their lighters, which results in the growing demand for pocket lighters worldwide. Moreover, the availability of lighters in various design forms and a wide price range help the industry to grow globally. Also, the increased use of lighters to light cigars, pipes, and cigarettes is driving industry growth. Furthermore, electric pocket lighters are also considered a trendy fashion product, enhancing the demand for lighters. In addition, technological innovations in electric pocket lighters attract a large segment of consumers, which helps to grow the market. However, variations in the product price and regulatory policies may hinder the market growth. On the other hand, the rise in the spending power of the consumer may influences the growth of this market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric pocket lighter. The growth and trends of electric pocket lighter industry provide a holistic approach to this study.
Market Segmentation
This section of the electric pocket lighter market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Distribution Channel
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Electric Pocket Lighter market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Electric Pocket Lighter Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electric pocket lighter market include ArcLighter, BAIDE International Enterprise, BIC USA Inc., Calico Brands Inc., Colibri, Flamasats SL, Kiwi Lighters, Ningbo Xinhai Electric Co. Ltd., S.T. Dupont, Swedish Match AB, Visol Products, and Zippo Manufacturing Co. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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