Glow Stick Market Sales Are Projected To Rise At 3.9% CAGR Through 2032

Newly-released data by Fact.MR reveals that the global glow stick market is currently valued at US$ 134.8 million and is projected to reach US$ 189.2 million by 2032, expanding at 3.4% CAGR over the decade.

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Glow Stick market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.

Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Glow Stick market.

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Key findings of the Glow Stick market study:

Regional breakdown of the Glow Stick market based on predefined taxonomy.
Innovative manufacturing processes implemented by Glow Stick vendors in detail.
Region-wise and country-wise fragmentation of the Glow Stick market to grasp the revenue, and growth outlook in these areas.
Changing preferences among consumers across various regions and countries.
Factors (Positive and Negative) impacting the growth of the global Glow Stick market.

Key Companies Profiled

• LUMICA USA, INC.
• CG Novelties, LLC
• China Bessen Glow Technology Ltd.
• CYALUME TECHNOLOGIES
• Everlit Global Inc.
• Happyglow Co.
• Northern Light Sticks, Inc.
• Nyoka Design Labs
• PREMIER GLOW
• Shanghai Wellglow Co., Ltd.
• The Glow Company UK Ltd
• The Glow Store, Inc.
• UV Paqlite
• Zhejiang guangyuan toys Co., Ltd

Competitive Landscape

To enhance their portfolios in the fragmented and highly competitive market, market players are adopting innovative product launches as a key growth strategy. In addition, business expansion is also a preferred strategy for market players to enhance their global market position by increasing distributor networks, adopting online sales channels, and capacity expansion.

Fact.MR has given in-depth information about the various strategies used by players in the glow stick market, along with detailed sales analysis of glow sticks, top glow stick manufacturers, SWOT analysis, and sales generated from target glow stick manufacturers positioned across geographies.

Segmentation of Glow Stick Industry Research

• By Product :
• Chemiluminescent Glow Sticks
• Bioluminescent Glow Sticks

• By Size :
• Less than 2 Inches
• 2.1 - 5 Inches
• 5.1 - 12 Inches
• More than 12 Inches

• By Usability :
• Disposable Glow Sticks
• Reusable Glow Sticks

• By Buyer Type :
• Individual / Recreational Buyers / Hobbyists
• Campers
• Sea Divers
• Other Individual Buyers
• Commercial & Institutional
• Industrial
• Rescue Services
• Defense

• By Sales Channel :
• Offline Sales Channels
• Modern Trade
• Toy Stores
• Camping Equipment Stores
• Party Props Stores
• Safety Equipment stores
• Other Offline Stores
• Online Sales Channels
• Company Websites
• E-Commerce Platforms

• By Region :
• North America
• Latin America
• Europe
• East Asia
• South-East Asia & Oceania
• Middle East & Africa

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Queries addressed in the Glow Stick market report:

Why are the Glow Stick market players targeting region for increased product sales?
What patented technologies are the players utilizing in the global Glow Stick market?
Which regions are displaying the fastest growth in the Glow Stick market?
What are the underlying micro- macroeconomic factors affecting the global Glow Stick market?

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This release was published on openPR.