Electric Pocket Lighter Market - Global Industry Analysis

Electric Pocket Lighter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Automotive Report Format : PDF Report Code: ZMR-6871 Status : Upcoming

Description

Global Electric Pocket Lighter Market: Overview

Lighter helps in producing flame by igniting the combustible material. A pocket lighter is majorly used to light up cigarettes and sometimes certain other materials. It has been in use for many years, first lighter was developed in 1823 by a German chemist. Advanced technology and constant innovations paved the way for the development of portable and easy-to-use electric pocket lighters. It is a non-disposable reusable lighter that needs to be charged repetitively. Its battery lives up to 400 charges. Electric lighters are typically powered by electricity and comprise heating elements, for example, plasma arc or electric arc. However, these lighters do not store any liquid fuel or butane for ignition; thereby, it is efficient and safe to use. These lighter comprise of auto-off feature, burner plates, battery, and USB charging cable. Also, different varieties of electric pocket lighter range from the single arc, flameless lighter, extended arc, and plasma beam.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Electric Pocket Lighter Market: Growth Factors

The global electric pocket lighter market is likely to witness unprecedented growth in forthcoming years due to the growing popularity of these electric pocket lighters among consumers. However, the surge in growing popularity is also encouraging manufacturers to focus on achieving value-added features on the product, thereby fostering development in the market. The electric pocket lighter has been in use for a very long time and serves several purposes like lighting candles, fireworks, gas stoves, etc. But now, it has emerged as a trend and a fashion quotient in the market. Additionally, the electric pocket lighter has been through many innovations thereby, the fundamental working principle of the device has also changed along with features and appearance. The surge in the number of smokers along with the increasing spending power of consumers globally is another key reason propelling the growth of the global electric pocket lighter market exponentially. The lockdowns caused due to the outbreak of the Covid-19 have affected the global electric pocket lighter market severely. Supply chain and production were also hampered. But owing to the relaxation in regulations along with the lowering cases of the Covid-19 globally, the market is likely to witness speedy recovery in the forthcoming years. Furthermore, the emergence of funky lighters like peanut lighter, capsule lighter, stormproof torch lighter, zippo lighters, and other multipurpose lighters with advanced features like improved lighting, lightweight, reusability, waterproof, and others have expanded the market base globally. Also, manufacturers are boosting their research and development activities to come up with more attractive and multipurpose lighters. Heavy investments by leading market players will further complement the growth of the market in the forthcoming years.

Global Electric Pocket Lighter Market: Segmentation

The global electric pocket lighter market can be secondary to distribution channel, product type, and region.

By distribution channel, the market can be segmented into online and offline stores. The online channels have emerged as a leading sales channel segment in the global electric pocket lighter market due to the ease of delivery and presence of multiple varieties of electric lighters. Also, the growing scope of e-commerce globally will further accelerate the adoption rate of online shopping.

By product type, the market can be segmented into coil lighter, dual arc, single arc, and others.

Global Electric Pocket Lighter Market: Regional analysis

Asia Pacific accounts for the largest share in the global electric pocket lighter market due to the high number of smokers and rapid proliferation of branded electric pocket lighters in the region. The presence of prominent market leaders with advanced products is further likely to positively impact the growth of the regional market.

North America is another leading nation in the global electric pocket lighter market due to the growing innovations and surging trend of funky lighters in the regions.

Global Electric Pocket Lighter Market: Competitive Players

Some of the significant players in the global electric pocket lighter market include DuPont, Tesla, Ronson, St, Colibri, Coleman, X- Plore gear, Marlboro, Dunhill, Zippo, Tokai, Swedish Match, Clipper, and BIC.

Global Electric Pocket Lighter Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global electric pocket lighter market is likely to witness unprecedented growth in forthcoming years due to the growing popularity of these electric pocket lighters among consumers. However, the surge in growing popularity is also encouraging manufacturers to focus on achieving value-added features on the product, thereby fostering development in the market.

Some of the significant players in the global electric pocket lighter market include DuPont, Tesla, Ronson, St, Colibri, Coleman, X- Plore gear, Marlboro, Dunhill, Zippo, Tokai, Swedish Match, Clipper, and BIC.

Asia Pacific accounts for the largest share in the global electric pocket lighter market due to the high number of smokers and rapid proliferation of branded electric pocket lighters in the region. The presence of prominent market leaders with advanced products is further likely to positively impact the growth of the regional market.

 

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