A lighter is a flame-producing commodity that purchasers commonly use to light their cigarettes, cigars and pipes. It may also be used to light other materials as well. Cigarette lighters are made up of a metal or plastic container filled with a pressurised liquid gas or combustible fluid, a means of ignition and some provision for conveniently extinguishing the flame. During 2014-2018, the global cigarette lighter market grew at a CAGR of around 3 %.The market is currently being driven by the increasing number of smokers in Asia, the Middle East and Latin America. This report by Expert Market Research entitled “Cigarette Lighter Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the cigarette lighter market.
Historical market trends for the global cigarette lighter industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global cigarette lighter market into the following major regions – North America, Latin America, EuropAsia-Pacific and Middle-East & Africa. Asia pacific currently represents the largest market.
The value chain analysis of the cigarette lighter industry has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the cigarette lighter industry has also been provided. Some of the key players in this market include BIC, Cricket, Clipper, Zippo, ST Dupont and Alfred Dunhill.
This report provides an exhaustive insight for setting-up and running a cigarette lighter manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global cigarette lighter market?
- Which are the biggest markets (regions) for cigarette lighter?
- What are the major types of cigarette lighter? Which are the most popular?
- Who are the key manufacturers in the cigarette lighter market?
- What are the land and construction requirements to start a cigarette lighter manufacturing plant?
- What are the machinery requirements to start a cigarette lighter manufacturing plant?
- How is cigarette lighter priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a cigarette lighter manufacturing plant?
- What are the running costs of a cigarette lighter manufacturing plant?
- How much revenue can a cigarette lighter manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the cigarette lighter industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.