Electric Pocket Lighter Market: Industry Size & Share, Growth Analysis, Opportunities, Business Outlook And Forecast By 2020-2027

Allied Market Research published a new report, titled, “Electric Pocket Lighter Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Electric lighters are powered by electricity and consist of electric arc or plasma arc and heating element for igniting; these types of lighters do not contain butane or liquid fuel for combustion and are safe and efficient. Electric pocket lighter consists of a battery, burner plates, auto-off feature, and is provided with USB charging cable. Single arc, plasma beam, dual arc, triple arc, extended arc, and flameless lighter, are the broad category of lighters in the electric pocket lighter market.

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Pocket lighter has been used for a long time and has served the purpose of lighting gas stoves, fireworks, candles, cigarettes, and others but as the fashion and trend have been highly adopted in the market, electric pocket lighter has also been through many innovations. The basic working principle of a lighter has been changed in the electric pocket lighter along with the technological changes in the features and appearance. The increase in fashion and trend, awareness about the trends, rise in spending power of the customer, multi-purpose lighter, innovation, and technology, surge in number of smokers, accessories for electric pocket lighter, and a surge in popularity of pocket clippers are the key drivers of the global electric pocket lighter market. However, variation in the product price, availability of substitutes, increasing competition, and regulatory policies hinder the market growth.

The key players have captured a huge target market by the evolution of trends in the market. Recently, not only lighters are being manufactured for smokers but multi-purpose lighters have also been brought in the market, which can be beneficial while traveling as well. According to the Consumer Product Safety Commission, the lighters have to comply with some rules and regulations to ensure the safety of products and to prevent fire accidents. Certain brands have been investing in producing flameless lighters, reusable lighters, and easy to use lighters offer opportunity for further growth of the electric pocket lighter market.

New features and properties being added to the electric pocket lighter have led to ensure its safety and gain the trust of the consumers at a large extent. Various types of electric pocket lighters have been launched in the market, which have performed well to increase the market share.

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Regions covered – North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

The key players in the electric pocket lighter market are BIC, Clipper, Swedish Match, Tokai, Zippo, Dunhill, Marlboro, X- Plore gear, Coleman, Colibri,Ronson, St, DuPont, Tesla.

COVID-19 Scenario Analysis:

♦ Lockdown Scenario:

The lockdown scenario caused due to the coronavirus outbreak, which is a respiratory disease-causing virus has highly affected the growth of the global electric pocket lighter market. The electric pocket lighter is an accessory mainly used by smokers and the effect of the disease has changed the consumer buying patterns in recent days. The lockdown scenario has affected the turnover and revenue of the market.

♦ Production hampered
♦ Supply chain

Electric Pocket Lighter Market Product Type:

○ Single Arc
○ Dual Arc
○ Coil Lighter
○ Others

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Key Benefits of the Report:

• This study presents the analytical depiction of the global electric pocket lighter industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global electric pocket lighter market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global electric pocket lighter market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global electric pocket lighter market analysis based on competitive intensity and how the competition will take shape in the coming years.

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