Press Release

Global Cigarette Lighter Market to Reach USD 7,518.07 Million by 2032

Global Cigarette Lighter Market

According to a new report by Expert Market Research, the global cigarette lighter market stood at a value of nearly USD 5,613.12 million in 2023. The market is further estimated to grow at a CAGR of 3.3% between 2024 and 2032 to reach a value of USD 7,518.07 million by 2032.

Cigarette lighter refers to a portable device which is used to ignite various combustible materials. It is made of metal or plastic and comes in a number of sizes, types, and styles. 

 

In the last few years, the global smoking prevalence has reduced significantly. As a result of this, there has been a decline in the cigarette sales, particularly in developed regions. This has severely affected the overall growth of the global cigarette lighter market. However, the market continues to pave its way and currently exhibits a slow and steady growth. This can be primarily attributed to a growing demand from emerging regions such as Asia-Pacific with large population base and increasing disposable incomes. With the advancements in technology, the market has also witnessed various changes in terms of design, convenience, prices and product functionality. Manufacturers are coming up with a large variety of cigarette lighters in order to increase their profitability. Moreover, a shift from cigarette lighters to electronic cigarette lighters has also broadened the growth aspects of the market globally.

 

Global Cigarette Lighter Market

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Key findings from the report:

  • The different types of cigarette lighters available are flint cigarette lighter, electronic cigarette lighters and others. In 2018, flint cigarette lighter market dominated the market with a share of more than a half of the total global market.
  • The major markets for cigarette lighter are North America, Latin America, Europe, Asia-Pacific and Middle East and Africa. The growth in the developed regions has slowed down while the developing regions are witnessing a healthy growth. 
  • Being concentrated in nature, the global cigarette lighter market is surrounded by some of the top players. These players include Société BIC, Zippo Manufacturing Company, Swedish Match AB., Flamagas S.A., Baide International Enterprise, and S.T. Dupont, among others. In 2018, BIC was the biggest player with a share of nearly a half of the total global market.

 

Expert Market Research has analysed the global cigarette lighter market according to cigarette lighter type, major regions and top players:

 

Market breakup by Cigarette Lighter Type

  • Flint Cigarette Lighter
  • Electronic Cigarette Lighter
  • Others

 

Market breakup by Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

 

Top Players

  • Société BIC
  • Ronson International Limited
  • Zippo Manufacturing Company
  • Swedish Match AB.
  • Flamagas S.A.
  • Baide International Enterprise
  • S.T. Dupont
  • Others

 

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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