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North America Cigarette Lighter Market to Reach US$ 448 Million by 2025, Impelled by Launch of Rechargeable Product Variants

According to the latest report by IMARC Group, titled "North America Cigarette Lighter Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the cigarette lighter market in North America size reached US$ 380 Million in 2019. A cigarette lighter refers to a handheld device that is used for producing a flame for lighting cigarettes, cigars and pipes. It comprises flammable fluid or pressurized liquid gas, such as butane, naphtha, or charcoal, for ignition that is contained within a metal or plastic body. Additionally, it has a regulatory switch that enables the desired degree of ignition. The device also consists of a safety mechanism for conveniently extinguishing the flame when needed. These devices are extremely convenient to use due to their compact design and improved functionality.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

North America Cigarette Lighter Market Trends:

The market is primarily driven by a significant increase in the number of smokers in North America. Catalyzed by busy schedules and hectic lifestyles of the masses, there has been a rise in the demand for cigarette lighters. Along with this, there has been an increase in the sales of premium lighters due to the inflating disposable incomes and the changing spending patterns of consumers. Innovative windproof lighters with brass body and double or triple jet flame are gaining widespread preference among the masses. Furthermore, extensive research and development (R&D) and technological advancements have led to the introduction of advanced product variants in the market. For instance, the advent of rechargeable electric cigarette lighters with attractive and sleek designs is contributing to the market growth. These variants are pollution-free in nature and require a couple of hours to be completely charged via USB, upon which they can produce up to 200-300 lights. Also, the growing popularity of car cigarette lighters is acting as a major growth-inducing factor. The availability of camouflage lighters and variants with shake mechanism, along with the growing popularity of flavored cigarettes in the region, represent some of the other factors that are expected to drive the market further. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 448 Million by 2025, registering a CAGR of 2.8% during 2020-2025.

Market Summary:

  • Based on the product type, the market has been divided into flint, electronic and other cigarette lighters.
  • On the basis of the material type, the market has been classified into metal, plastic and others.
  • Based on the distribution channel, the market has been categorized into tobacco shops, supermarkets and hypermarkets, convenience stores, online stores and others.
  • On the geographical front, the market has been bifurcated into the United States and Canada.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

 

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