Title: Global Cigarette Lighter Market Share, Size, Growth Trends And Forecast 2018-2023
1 Global Cigarette Lighter Market to Cross
US 7 Billion by 2023
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3Report Description and Highlights
Report Description
Global Cigarette Lighter Market to Cross US 7
Billion by 2023 The global cigarette lighter
market has been witnessing a positive growth over
the past few years. This can be attributed to
technological advancements, rapid changes in
lifestyles along with new marketing techniques
and investments made by manufacturers. A
cigarette lighter is a device that produces
flames in order to light cigarettes, pipes or
cigars. These lighters consist of a plastic or
metal container which is filled with flammable
gas or liquid. Cigarette lighters are portable
and can either be refillable or disposable.
Nowadays, they have become more convenient and
safe for the consumers, whereas earlier they used
to be larger and bulkier in size as well as much
more dangerous. A new research report by IMARC
Group, titled Cigarette Lighter Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023, estimates that the
global cigarette lighter market was worth US 6
Billion in 2017. The report further anticipates
the market to cross US 7 Billion by 2023, at a
projected CAGR of 2.5 over the forecast period.
4Report Description and Highlights
Report Description
- Global Cigarette Lighter Market
Drivers/Constraints - Cigarette manufacturers are making more
investments and adopting new marketing strategies
which have resulted in an augmented demand for
cigarettes. This acts as one of the major factors
which is driving the growth of the global
cigarette lighter market. - On account of technological advancements,
manufacturers are now offering products with
improved designs, convenience and functionality.
This, in turn, contributes to the propelled
demand for cigarette lighters. - Some of the other factors which are driving the
growth of the market include rising disposable
incomes, change in lifestyles, rapid
urbanisation, advancements in technologies and
premiumisation of cigarette lighters. - However, the consumers have become aware about
the health threats posed by smoking cigarettes.
This is one of the major obstacles for the growth
of the global cigarette lighter market. -
- Read more here https//www.imarcgroup.com/cigaret
te-lighter-manufacturing-plant
5Report Description and Highlights
Report Description
Product Type Insights On the basis of type,
there are a large number of cigarette lighters
available in the market some of which include
flint cigarette lighter and electronic cigarette
lighter. Currently, flint cigarette lighter
dominates the market, holding the majority of the
share. Regional Insights On a
geographical front, Asia Pacific enjoys a leading
positing in the global cigarette lighter market.
This can be accredited to a rise in consumer
incomes and increase in smoking prevalence across
the region. Asia Pacific is followed by Eastern
Europe, Western Europe, Middle East and Africa,
North America and Latin America. Request Sample
Of The Report https//www.imarcgroup.com/request?
typereportid576flagB
6Report Description and Highlights
Report Description
- Competitive Landscape
- The market is highly fragmented with the presence
of numerous small and large manufacturers who
compete in terms of prices and quality. Some of
the leading players operating in the market are - BIC
- Cricket
- Clipper
-
- Browse more related reports
- Gas Meter Market https//www.imarcgroup.com/gas-
meter-market - Lip Care Products Market https//www.imarcgroup.
com/lip-care-products-market
7Report Description and Highlights
Report Description
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