GVR Report cover Pocket Lighter Market Size, Share & Trend Report

Pocket Lighter Market Size, Share & Trend Analysis Report By Product Type (Flint Lighter, Electronic Lighter), Material Type (Plastic, Metal), Distribution Channel (Offline Stores, Online Stores), By Region, And Segment Forecasts, 2022 - 2028

  • Report ID: GVR-4-68039-933-6
  • Number of Pages: 88
  • Format: Electronic (PDF)

Report Overview

The global pocket lighter market size was valued at USD 6.08 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 2.9% from 2022 to 2028. Rising population of smokers around the globe and increased use of lighters to light cigars, pipes, and cigarettes are driving the industry growth. Lighters are multipurpose in use, it could be used to light a candle or ignite the gas stove, or light up firecrackers but are commonly used for lighting cigarettes. Containers of these lighter are normally made using plastic or metal, these containers are filled with flammable liquid or gas, which helps to ignite the flame.

U.S. pocket lighter market size, by distribution channel, 2019 - 2028 (USD Million)

The increasing number of cigarette smokers and their need for lighters, is boosting the sale of pocket lighters. Smoking habit is increasing in the newer generation and people who already have smoking habits are the prime consumers of pocket lighters. Most smokers carry their lighters, which results in the growing demand for pocket lighters all across the tobacco-consuming nations. People residing in developing nations and Europe have a high tobacco consumption rate. Europe and the Asia Pacific are the major producers and users of pocket lighters, as these regions hold a large smoking population.

The availability of lighters in various design forms and a wide price range helps the industry to grow globally. Pocket lighters are also considered a fashion trendy product which in turn enhances the demand for premium lighters. In many countries, premium lighters are sold majorly in the festive season as these lighters are largely considered a gifting accessory.

Technological innovations in pockets lighter attract a large segment of consumers, which helps to grow the market. Manufacturing companies continuously launch new products with a variety of design patterns in different price ranges, which gives an edge to the consumer while buying them. Manufacturing companies are coming with new product developments and technological advancements with added features like providing a digital display, and adjustable flame power by taking all the safety precautions.

The COVID-19 pandemic had a negative impact on major economies around the globe due to which these nations faced an economic slowdown. Many industries are now trying to survive in one way or the other by adjusting to new cultures and consumers' buying behaviors. Like other industries, pocket lighter industry also had an adverse effect on their economic movement due to the pandemic. Pandemic brought a lot of changes in consumers' shopping behavior and consumption patterns. Reduced consumers' footprint in retail stores due to a number of countries under strict lockdown situations and having restrictions on stepping outside of their homes along with the halt in the production of pocket lighters during lockdown restrictions and disturbance in the supply chain affected the industry during the period.

Product Type Insights

Flint is the largest contributor to the market with a share of over 60% in global revenue in 2021. The majority of brands manufacture and sell their lighter in the flint category, due to its popularity, ease of operation, ability to ignite in wind, and security, which in turn will drive the industry demand over the forecast timeline.

The electronic segment is forecast to be the fastest-growing category at a CAGR of 3.3% from 2022 to 2028. Technological advancement would drive the electronic lighters market growth. Manufacturers are providing a digital display to attract consumers. Furthermore, these lighters have a rising demand as they are chargeable through USB, do not require fuel to fill it as well as, are much safer than others, and are re-usable.

Material Type Insights

The plastic segment accounted for the highest revenue share of over 65% in 2021. Plastic-made lighters have large demand in the global market, as they are lightweight, economical, efficient, durable, and reusable too. Companies produce disposable lighters as it does not harm the environment, by taking all the safety precautions. Easy availability of lighter at tobacco shops, and attractive designs drives the segment growth.

Global pocket lighter market share, by material type, 2021 (%)

Lighters made of metal are forecasted to be the fastest-growing in global revenue at a CAGR of 3.2% from 2022 to 2028. Metal-made lighters come in a premium price range, as they are highly durable, provides higher safety, and come in different design patterns and shapes.

Distribution Channels Insights

Offline channels contributed over 70% to the global market in 2021. Offline channels like supermarkets, convenience stores, specialty stores, retail stores, and tobacco shops are the major places where lighters are mostly sold. A large number of the population still prefer to buy from these channels. The dominance of offline channels is expected to continue during the forecast period.

Online channels is expected to witness the fastest growth at a CAGR of 3.2% from 2022 to 2028.  A number of people prefer to buy branded lighters through the online medium and have a variety of choice options. Sometimes online retailers offer a discount on branded lighters. Shopping for lighter online is most popular among millennials. Increasing demand from consumers through the online medium will boost the market growth.

Regional Insights

The Asia Pacific accounted for the largest market share of over 50% in global revenue in 2021. The presence of a large number of regional players, a rising number of smokers, and easy availability of the product will drive the regional market growth. Especially, China and India contribute heavily to this region. China holds a huge smoking population as well as the largest production capacity. Growing demand for lighters and high production capability in the region will drive the pocket lighter market growth.

Europe is estimated to be the fastest-growing, witnessing growth at a CAGR of 3.4% from 2022 to 2028. Easy availability of products, presence of global players in this region, a large number of smokers in the men as well as women segment, increased disposable income, and consumers’ willingness to pay for premium lighters will drive the segment's market growth.

Key Companies & Market Share Insights

The pocket lighters market is fragmented in nature, due to the presence of global as well as a large number of local players. Manufacturing companies strengthen their presence through various strategies such as mergers and acquisitions, expansion of distribution channels, building a better supply chain, or reaching the consumer by doing advertising through a number of mediums or by providing offers on products in festive seasons.

BIC corporations announced in June 2020 that they are in agreement with the acquisition of Djeep for 40 million euros and enhancing their leadership in the market. Djeep is one of the top manufacturers of pocket lighters in Europe and had a presence of its products in Asia, Africa, Latin America, Europe, and the U.S. In 2019, they had 14 million euros in net sales just in Europe. Some of the key players operating in the global pocket lighter market include:

  • 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.

Pocket Lighter Market Report Scope

Report Attribute

Details

Market size value in 2022

USD 6.25 billion

Revenue forecast in 2028

USD 7.43 billion

Growth Rate

CAGR of 2.9% from 2022 to 2028

Base year for estimation

2021

Historical data

2017 - 2020

Forecast period

2022 - 2028

Quantitative units

Revenue in USD Million/Billion and CAGR from 2022 to 2028

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product type, material type, distribution channel, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

U.S.; France; Italy; China; India; Brazil; South Africa

Key companies profiled

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.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

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Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2017 to 2028. For this study, Grand View Research has segmented the global pocket lighter market based on product type, material type, distribution channel, and region:

  • Product Type Outlook (Revenue, USD Million, 2017 - 2028)

    • Flint Lighter

    • Electronic Lighter

    • Others

  • Material Type (Revenue, USD Million, 2017 - 2028)

    • Plastic

    • Metal

    • Others

  • Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

    • Offline Stores

    • Online Stores

  • Regional Outlook (Revenue, USD Million, 2017 - 2028)

    • North America

      • U.S.

    • Europe

      • France

      • Italy

    • Asia Pacific

      • China

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

      • South Africa

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