Press Releases
 
Pocket Lighters Market – Positive Outlook for Industry Opportunities & Trends

, 3 September 2018 -- Pocket Lighters Market – Positive Outlook for Industry Opportunities & Trends

Increasing incidence of pocket lighters exploding, causing severe injuries as well as fatalities to consumers across the world, has created a negative space for their adoption. Top brands in pocket lighters such as Société BIC S.A. are facing the flak of consumers for their inability in provide safer products. In the coming years, BIC and other prominent pocket lighter manufacturers such as Clipper, Tokai Corporation, Ningbo Xinhai, Swedishmatch, Baide International, Zhuoye Lighter, Benxi Fenghe Lighter, Focus, Wansf, Cixi Xinyuan Cigarette Lighter, Hefeng Industry, and Deko Industrial will be focusing on improving the consumer safety of these products. Transparency Market Research observes that several companies will be focusing on offering flameless pocket lighters to recapture the fading interests of consumers worldwide.

Transparency Market Research’s latest report foresees the global pocket lighters market to expand sluggishly at a CAGR of 2.9%, reaching a US$ 7.4 billion valuation by the end of forecast period, 2017-2026. Increasing incidences of exploding pocket lighters has been observed as a major threat to the growth of global pocket lighters market.
Get Brochure For More Information@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=41018

Flint Cigarette Lighters to Incur 2% Dip in Global Market Value Share Between 2017 and 2026

Conventional pocket lighters, known as flint cigarette lighters, will represent top-selling products in the global market throughout the forecast period. More than 70% of pocket lighter consumers in the world will be buying flint cigarette lighters in the coming years. Few years down the line, however, the demand for flint cigarette lighter will fall, pertaining to their risks in storing pressurized inflammable gas. Electronic cigarette lighters will take up this falling market traction of flint cigarette lighters and reflecting highest value CAGR of 3.4% over the forecast period.

Consumer Preference to Metal Pocket Lighters will Surge through 2026

With safety being the most critical factor influencing the sales of pocket lighters, metal materials are expected to be widely used in their production in the future. By the end of 2026, nearly US$ 2.28 billion worth of metal pocket lighters will be sold worldwide. Several companies are likely to cease production of plastic pocket lighters. However, high profit margins associated with production of plastic pocket lighters will poise their global market value share at nearly 70% through 2026.

Online Retailers to Witness Rapid Sales; APEJ to Represent Single Largest Market for Pocket Lighters

It has been revealed that mom and pop stores will be the largest sales channel for pocket lighters in the world. Along with convenience stores, more than 50% of pocket lighters will be sold through these sales outlets. Online retailers will mark their presence in global pocket lighter sales by reflecting highest value CAGR of 5.7% over the forecast period.

In 2018 and beyond, more than 60% of pocket lighters will be sold and manufactured in the Asia-Pacific excluding Japan (APEJ) region. Majority of companies manufacturing pocket lighters are expanding their production bases in China, India and South Korea. Low wage characteristics of several APEJ countries will fuel the attractiveness of the region across the global pocket lighters market in the coming years.

Get Customize Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=41018

# # #


Submitted by K Singha on Monday, 3 September 2018 at 7:38 PM
Category: Science & Research
 
Related News

RESTOP Kicks Off Month of Holiday Savings
Saturday, 17 Nov 2018

Global ENT Microscopes Market: Application, Opportunity and Forecast 2025
Wednesday, 14 Nov 2018

Indian Saccharin Market Increasing Demand, Growth Analysis and Outlook 2018-2023
Tuesday, 13 Nov 2018

OH-Based Sustainability Consulting Firm Launches With Mission To Help Organizations Conserve Energy
Tuesday, 13 Nov 2018

Compressor Discharge Temperature (CDT) Probe - How it works in Aircraft?
Monday, 12 Nov 2018

Related Events

Global Forum for Innovations in Agriculture - GFIA in Focus Australia
Tuesday, 27 Nov 2018

Argus LPG and Petrochemical Feedstocks in Shanghai - November 2018
Tuesday, 27 Nov 2018

EDEX - Egypt Defence Expo, 3-5 December 2018, Cairo
Monday, 3 Dec 2018

2019 Asia Pacific Energy Assembly and Awards Dinner
Wednesday, 30 Jan 2019

20th International Union for Quaternary Research Congress (INQUA 2019)
Thursday, 25 Jul 2019

Latest News

Tests performed by Quigley eye specialists
Sunday, 18 Nov 2018

T-shirt- teespring.com brings you the Easy Availability of Any Graphic Prints on T-Shirts
Saturday, 17 Nov 2018

The Advantages of Pneumatics
Saturday, 17 Nov 2018

Water Damage Restoration - What Are Your Options?
Saturday, 17 Nov 2018

Rewards Of Movie Star Planet Hack
Saturday, 17 Nov 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Sunday, 18 November 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Linde.Intel.AI.Challenge
  • Wound Certification Prep Course – Jersey City, NJ
  • New York Connect MBA Event: Free Headshots and Meet Top MBA Programs 1-on-1
  • 5 Day Accelerated Certificate for Directors
  • Writers on the Air

  • Latest Jobs
    Sorry, there are currently no entries posted here.