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Report Overview
The global cigarette lighter market stood at a value of nearly USD 5613.12 Million in 2023. The market is further estimated to grow at a CAGR of 3.30% between 2024 and 2032 to reach a value of USD 7518.08 Million by 2032. The industry is being driven by the rising number of cigarette manufacturers, rapid advancements in technology, and increasing population globally.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- Eco-friendly lighters, particularly reusable and rechargeable lighters, are increasingly becoming popular among customers.
- Sales tend to be at their peak in summer. This, in some way, matches up well with the nature of summer camping and festival activities, pushing the growth of the cigarette lighter market.
- The Zippo Manufacturing Company targeted at close to 50 per cent growth in the sales in India in 2023 and is planning to expand its offline presences as well to complement e-commerce success.
Cigarette Lighter Market Analysis
The global cigarette lighter market is being driven by the increasing number of tobacco consumers globally, and the rising disposable income, particularly in the emerging economies. The Asia Pacific, which is the leading regional market for the product, is supporting the growth of the global cigarette lighter industry. The Asia Pacific market growth can be attributed to the absence of strict measures on tobacco consumption, higher standard of living due to rising disposable incomes and growing urbanisation in the region. Moreover, the growing penetration of key players in the emerging markets like the Asia Pacific and the Middle East and Africa is providing further impetus to the industry growth.
The rising eco-consciousness among the consumers is likely to drive the growth of the refillable cigarette lighters in the industry, pushing the cigarette lighter demand. The rapid advancements in technology are leading to the diversification in the production of cigarette lighters, further enhancing its demand among consumers and aiding the global cigarette lighter industry growth.
Cigarette Lighter Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global cigarette lighter market attained a value of USD 5613.12 Million.
In the forecast period of 2024-2032, the market is expected to grow at a CAGR of 3.30%.
By 2032, the market is projected to reach a value of USD 7518.08 Million.
The major drivers of the market include rising disposable incomes, rapid urbanisation, growing population, rising living standards, rising number of tobacco manufacturers, and increasing penetration of major players into the emerging countries.
The rapid technological advancements and the increasing shift towards refillable lighters due to growing eco-consciousness are expected to be the key trends for the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market, with the Asia Pacific accounting for nearly 50% of the total market share.
Flint lighters are the dominant product types in the market.
The leading material types in the market are plastic and metal, among others.
Supermarkets and hypermarkets, convenience stores, online stores, and tobacco shops, among others, are the major distribution channels in the market.
The key players in the market are Société BIC S.A., Zippo Manufacturing Company, Flamagas S.A. (Clipper), and S.T. Dupont, among others.
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124