Global Pocket Lighter Market By Product Type Type (Flint Lighter, Electronic Lighter, and Other Product Types), By Material Type Type (Plastic, Metal, and Other Material Type), By Distribution Channel Type (Offline Stores, and Online Stores), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Pocket Lighters Market Overview:

The global pocket lighter market was valued at USD 6,120 million in 2021. It is projected to grow at a CAGR of 2.3% between 2023 and 2032.

The industry is experiencing rapid growth due to a rising number of smokers and the increased use of lighters for lighting cigarettes, pipes, cigars, and other tobacco products. The multipurpose nature of lighters allows them to be used for multiple purposes. They can light candles, ignite gas stoves, light firecrackers, and are often used to light cigarettes. These lighters are usually made of metal or plastic. They are filled with flammable liquids or gas which help to light the flame.

Global Pocket Lighter Market Scope:

Product Type Insights

Flint contributes the most to the market, accounting for more than 60% of global revenue in 2021. Due to the popularity of flint, its ease of use, ability to ignite in wind, and security, the majority of brands manufacture and market their lighters in this category. This will in turn drive industry demand over the forecast timeline.

With a CAGR of 3.3% between 2023 and 2032, the electronic segment is expected to be the fastest-growing. The electronic lighters market would grow due to technological advancement. To attract customers, manufacturers are offering a digital display. These lighters are in high demand because they can be charged via USB and do not require fuel to be filled. They are also safer than other lighters and can be re-used.

Material Type Insights

In 2021, the plastic segment had the highest revenue share at over 65%. Because they are lightweight, cost-effective, durable, reusable, and economical, plastic-made lighters are in high demand on the global market. Disposable lighters are produced by companies to ensure that they do not cause harm to the environment.

The attractive designs and easy availability of lighters in tobacco shops drive the segment’s growth. Metal lighters are expected to grow at a 3.2% CAGR between 2023 and 2028. Because they are more durable and safer, lighters made of metal can be expensive. They also come in different designs and shapes.

Distribution Channels insights

In 2021, more than 70% of the global market was accounted for by offline channels. The main places where lighters can be purchased are offline channels such as supermarkets, convenience stores, and specialty stores. These channels are still preferred by a large portion of the population. This trend is expected to continue throughout the forecast period. The fastest growth is expected to be in online channels, with a CAGR of 3.2% between 2023 and 2032.

Many people prefer to purchase branded lighters online because they have many options. Online retailers may offer discounts on branded lighters. Online shopping for lighters is very popular with millennials. The market will grow if there is a greater demand from consumers via the internet.

Кеу Маrkеt Ѕеgmеntѕ

Product Type:

•  Flint Lighter
•  Electronic Lighter
•  Other Product Types

Material Type

•  Plastic
•  Metal
•  Other Material Type

Distribution Channel

•  Offline Stores
•  Online Stores

Regional Analysis

In 2021, the APAC region accounted for more than 45% of global revenue. Regional market growth will be driven by the presence of many regional players, rising smokers, and easy access to the product. This region is dominated by India and China. China has the highest production capacity and a large smoking population. Pocket lighters will grow due to the growing demand and high production capacity in this region. Europe is the fastest-growing region, with a 3.4% CAGR from 2023 to 2032. The segment will grow because of its easy availability, the presence of global players, the large number of smokers in both the men and women segments, as well as increased disposable income and willingness to spend more on premium lighters.

Кеу Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Key Companies & Market share Insights:

Due to the presence of both global and local players, the pocket lighters market can be fragmented. Manufacturers can strengthen their position through various strategies, such as mergers, acquisitions, expanding distribution channels, building better supply chains, reaching consumers through advertising via a variety of media, or offering products during festive seasons.

BIC corporations announced that they had reached an agreement to acquire Djeep for 40 million euros. This will allow them to strengthen their market leadership. Djeep was a leading European manufacturer of pocket lighters and its products were available in Asia, Africa, and Latin America. They had 14 million euros in net sales in Europe in 2019.

Кеу Маrkеt Рlауеrѕ іnсludеd іn thе rероrt:

•  BIC Corporation
•  Cricket Lighters (Swedish Match)
•  CLIPPER (FLAMAGAS SA)
•  Tokai Corporation
•  Zippo Manufacturing Company
•  Colibri
•  S.T. Dupont
•  Zhuoye Lighters Manufacturing Co. Ltd.
•  BAIDE International Enterprise
•  Ningbo Xinhai Electric Co.
•  Benxi Fenghe Lighter Co., Ltd.
•  Other Key Players

For the Pocket Lighters Market research study, the following years have been considered to estimate the market size: