Cigarette Lighter Market Size, Share, Industry Overview, Trends, Latest Insights, Opportunity and Forecast to 2027

PRESS RELEASE
Published February 6, 2023

According to the latest report by IMARC Group, titled “Cigarette Lighter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global cigarette lighter market size reached US$ 6.02 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.83 Billion by 2027, exhibiting at a CAGR of 1.97% during 2022-2027.

A cigarette lighter refers to a device that produces a small flame after pressing a switch which is used to light a cigar or cigarette. These lighters are multipurpose in usage as they can also be utilized to light a candle or light up firecrackers, or ignite the gas stove, but are generally utilized for lighting cigarettes. This includes a metal or plastic container filled with a flammable fluid or pressurized liquid gas, a means of ignition, and some provision for easily extinguishing the flame.  

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Cigarette Lighter Market Trends:

The cigarette lighter market is primarily driven by the increasing number of smokers across the globe. Moreover, changing lifestyles and rising disposable income among consumers are contributing to market growth. In addition to this, the widespread availability of lighters in several designs and at affordable price points is propelling the market growth. The introduction of pocket lighters, which are convenient to use is acting as another major growth-inducing factor. Furthermore, manufacturing companies are coming up with new product developments, along with significant technological advancements with added features, such as providing a digital display and adjustable flame power by taking all the safety precautions. This, in turn, is creating a positive outlook for the market across the globe.

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Competitive Landscape With Key Players:

The competitive landscape of the cigarette lighter market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  •      BIC Corporation
  •      Cricket Lighters (Swedish Match Lighters BV)
  •      CLIPPER (FLAMAGAS, SA)

Key Market Segmentation:

The report has segmented the cigarette lighter market on the basis of product type, material type, distribution channel and region.

Breakup by Product Type:

  •       Flint Cigarette Lighter
  •       Electronic Cigarette Lighter
  •       Others

Breakup by Material Type:

  •       Metal
  •       Plastic
  •       Others

Breakup by Distribution Channel:

  •      Tobacco Shops
  •      Supermarkets and Hypermarkets
  •      Convenience Stores
  •      Online Stores
  •      Others

Breakup by Region:

  •    North America (United States, Canada)
  •     Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  •     Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  •     Latin America (Brazil, Mexico, Others)
  •     Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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