The global cigarette Lighter market reached a value of about USD 5330.83 million in 2021. The industry is projected to grow at a CAGR of around 4.4% in the forecast period of 2022-2027 to reach a value of about USD 6895.53 million by 2027.
The global Cigarette Lighter industry report gives a comprehensive analysis of the industry, including critical segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing number of smokers globally is the primary factor driving the market's expansion. The Asia Pacific is the highest category spender by region, driving the Cigarette Lighter industry demand.
A cigarette lighter is a device that, when pressed, generates a tiny flame, and is specifically meant to light a cigarette, cigar, or pipe. It comprises a metal or plastic container filled with a flammable fluid or pressurised liquid gas, an ignition source, and a way to extinguish the flame quickly. The Cigarette Lighter industry report comprises segments by Product Type (Flint Cigarette Lighter, Electronic Cigarette Lighter, Others), Material Type (Metal, Plastic, Others), Distribution Channel (Tobacco Shops, Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others) and Region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
The Asia Pacific holds a significant share in the industry, accounting for over half of all sales. The region's growth is expanding due to growing disposable incomes and increased urbanisation. The region's market's rise may be ascribed to the lack of solid tobacco use regulations, a higher standard of living due to increased disposable incomes, and the region's rapid urbanisation. Furthermore, leading players' increasing penetration in these regions further propels the industry.
The industry is expanding due to the growing number of tobacco users worldwide and increased disposable income, particularly in emerging nations. Furthermore, Refillable cigarette lighters are expected to gain popularity as customers become more environmentally concerned. In addition, other factors like Rapid technological breakthroughs are causing the manufacture of cigarette lighters to diversify, increasing customer demand, and assisting the worldwide cigarette lighter industry's growth.
However, strict regulations and increased awareness of the health risks associated with smoking are expected to hamper the industry’s expansion.
The global Cigarette Lighter industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Cigarette Lighter regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
An electric arc is provoked by hitting metal against a flint or pushing a button that compresses a piezoelectric crystal, resulting in a spark. The liquid is adequately volatile in naphtha lighters, and flammable vapour is present as soon as the lid of the lighter is opened. Butane lighters have a striking action and a valve that opens to discharge gas. The spark ignites the flammable gas, resulting in a flame that persists in burning until the top is closed, or the valve is released. A metal casing with air holes usually surrounds the flame, allowing fuel and air to mix while reducing the lighter's sensitivity to wind.
The demand for cigarette lighters has grown due to increasing availability and innovative designs. As a result, producers are developing a wide range of cigarette lighters, from flint to automotive lighters, to boost profits and give consumers more choices. They’ve also released battery-powered electronic lighters that light up with the touch of a button. Also, with technology advances and the number of hikers and campers increasing, the cigarette lighter industry may see an increase in demand.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
The business is highly concentrated, with only a few manufacturers competing on price and quality. To boost their profitability and give consumers options, manufacturers are developing a wide range of cigarette lighters, ranging from flint to automotive lighters. They’ve also released battery-powered electronic lighters that light up with the touch of a button.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Cigarette Lighter Market Analysis
8.1 Key Industry Highlights
8.2 Global Cigarette Lighter Historical Market (2017-2021)
8.3 Global Cigarette Lighter Market Forecast (2022-2027)
8.4 Global Cigarette Lighter Market by Product Type
8.4.1 Flint Cigarette Lighter
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
8.4.2 Electronic Cigarette Lighter
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.5 Global Cigarette Lighter Market by Material Type
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.6 Global Cigarette Lighter Market by Distribution Channel
8.6.1 Tobacco Shops
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
8.6.2 Supermarkets and Hypermarkets
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.6.3 Convenience Stores
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2017-2021)
184.108.40.206 Forecast Trend (2022-2027)
8.6.4 Online Stores
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2017-2021)
22.214.171.124 Forecast Trend (2022-2027)
8.7 Global Cigarette Lighter Market by Region
8.7.1 Market Share
126.96.36.199 North America
188.8.131.52 Asia Pacific
184.108.40.206 Latin America
220.127.116.11 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
18.104.22.168 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
22.214.171.124 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
126.96.36.199 Saudi Arabia
188.8.131.52 United Arab Emirates
184.108.40.206 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 Price Structure
12.2 Price Trends
13 Manufacturing Process
13.2 Detailed Process Flow
13.3 Operations Involved
14 Cost Analysis
14.1 Land, Location, and Site Development
14.3 Plant Machinery
14.4 Cost of Raw Material
14.9 Other Capital Investment
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Income Projections
15.5 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Company Profiles
16.3.1 Société BIC S.A.
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
16.3.2 Zippo Manufacturing Company
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
16.3.3 Flamagas S.A. (Clipper)
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
16.3.4 S.T. Dupont
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
17 Industry Events and Developments
The global Cigarette Lighter market size was valued at USD 5330.83 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 4.4%.
The significant demand for innovative product ranges is one of the essential drivers of the Cigarette Lighter market growth.
Société BIC S.A., Zippo Manufacturing Company, Flamagas S.A. (Clipper), S.T. Dupont, and others are some of the major players in the market.
The Asia Pacific region of the Cigarette Lighter industry holds a significant share in the market.
The global cigarette Lighter market attained a value of USD 5330.83 million in 2021, driven by the growing number of tobacco users worldwide and increased disposable income, particularly in emerging nations. In addition, other factors like Rapid technological breakthroughs are causing the manufacture of cigarette lighters to diversify, growing customer demand, and assisting the worldwide cigarette lighter industry's growth. Aided by the increasing availability and innovative designs, including flint to automotive lighters and battery-powered electronic lighters, the market is expected to witness a further increase in the forecast period of 2022-2027, growing at a CAGR of 4.4%. The market is projected to reach USD 6895.53 million by 2027. Some of the leading players in the industry are Société BIC S.A., Zippo Manufacturing Company, Flamagas S.A. (Clipper), S.T. Dupont, and Others.
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