Germany Pocket Lighters Market Segmentation
Germany Pocket Lighters Product Type Outlook (USD Million, 2018-2030)
Germany Pocket Lighters Gender Outlook (USD Million, 2018-2030)
Germany Pocket Lighters Raw Material Outlook (USD Million, 2018-2030)
Germany Pocket Lighters Packaging Outlook (USD Million, 2018-2030)
Germany Pocket Lighters Price Range Outlook (USD Million, 2018-2030)
Germany Pocket Lighters Price Range Outlook (USD Million, 2018-2030)
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 11
1.1.1 GERMANY POCKET LIGHTER MARKET, BY PRODUCT TYPE 13
1.1.2 GERMANY POCKET LIGHTER MARKET, BY GENDER 14
1.1.3 GERMANY POCKET LIGHTER MARKET, BY RAW MATERIAL 15
1.1.4 GERMANY POCKET LIGHTER MARKET, BY PACKAGING 16
1.1.5 GERMANY POCKET LIGHTER MARKET, BY PRICE RANGE 17
1.1.6 GERMANY POCKET LIGHTER MARKET, BY DISTRIBUTION CHANNEL 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 RESEARCH OBJECTIVE 19
2.4 MARKET STRUCTURE 20
3 RESEARCH METHODOLOGY 21
3.1 RESEARCH PROCESS 21
3.2 PRIMARY RESEARCH 22
3.3 SECONDARY RESEARCH 23
3.4 MARKET SIZE ESTIMATION 24
3.5 FORECAST MODEL 25
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 26
4 MARKET DYNAMICS 27
4.1 INTRODUCTION 27
4.2 DRIVERS 28
4.2.1 NEW TECHNOLOGY & INNOVATION OF POCKET LIGHTER TO ATTRACT MORE CONSUMERS 28
4.2.2 THE RISING NUMBER OF SMOKING POPULATIONS COUPLED WITH THE INCREASING DISPOSABLE INCOME ENLARGES THE MARKET GROWTH 28
4.2.3 DRIVERS IMPACT ANALYSIS 29
4.3 RESTRAINT 30
4.3.1 INCREASED RAW MATERIAL COSTS TO AFFECT THE GROWTH OF THE PRODUCT 30
4.3.2 HIKED FUEL PRICES TO AFFECT THE MOMENTUM POCKET LIGHTERS GROWTH 30
4.3.3 RESTRAINTS IMPACT ANALYSIS 31
4.4 OPPORTUNITY 31
4.4.1 INCREASED TREND OF GIFTING & USING FASHIONABLE LIGHTERS TO ENHANCE THE PRODUCT GROWTH 31
4.5 CHALLENGE 32
4.5.1 SAFETY CONCERNS REGARDING USING POCKET LIGHTERS TO HINDER THE GROWTH 32
5 MARKET FACTOR ANALYSIS 33
5.1 VALUE CHAIN ANALYSIS 33
5.1.1 RAW MATERIALS 34
5.1.2 PROCESSING 34
5.1.2.1 CASING PRODUCTION 34
5.1.2.2 FLINT AND WICK PRODUCTION: 34
5.1.2.3 ASSEMBLY: 34
5.1.2.4 TESTING: 34
5.1.2.5 PACKAGING: 34
5.2 SUPPLY CHAIN ANALYSIS 35
5.3 PORTER'S FIVE FORCES MODEL 36
5.3.1 THREAT OF NEW ENTRANTS 36
5.3.2 BARGAINING POWER OF SUPPLIERS 37
5.3.3 BARGAINING POWER OF BUYERS 37
5.3.4 THREAT OF SUBSTITUTES 37
5.3.5 INTENSITY OF RIVALRY 37
5.4 IMPACT OF THE COVID-19 OUTBREAK ON THE GERMANY POCKET LIGHTER MARKET 38
5.4.1 IMPACT ON PRODUCTION 38
5.4.2 IMPACT ON SUPPLY CHAIN 38
5.4.3 IMPACT ON CONSUMER BUYING BEHAVIOR 38
5.4.4 IMPACT ON PRICING 39
6 GERMANY POCKET LIGHTER MARKET, PRODUCT TYPE 40
6.1 OVERVIEW 40
6.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, PRODUCT TYPE, 2020–2030 41
6.2 FLINT LIGHTER 41
6.3 ELECTRONIC LIGHTER 41
7 GERMANY POCKET LIGHTER MARKET, BY GENDER 42
7.1 OVERVIEW 42
7.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY GENDER, 2020–2030 43
7.2 MEN 43
7.3 WOMEN 43
8 GERMANY POCKET LIGHTER MARKET, BY RAW MATERIAL 44
8.1 OVERVIEW 44
8.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY RAW MATERIAL, 2020–2030 45
8.2 NAPHTHA 45
8.3 BUTANE 45
9 GERMANY POCKET LIGHTER MARKET, BY PACKAGING 46
9.1 OVERVIEW 46
9.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY PACKAGING, 2020–2030 47
9.2 PLASTIC 47
9.3 METAL 47
10 GERMANY POCKET LIGHTER MARKET, BY PRICE RANGE 48
10.1 OVERVIEW 48
10.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY PRICE RANGE, 2020–2030 49
10.2 ECONOMICAL 49
10.3 PREMIUM 49
11 GERMANY POCKET LIGHTER MARKET, BY DISTRIBUTION CHANNEL 50
11.1 OVERVIEW 50
11.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 51
11.2 SUPERMARKETS & HYPERMARKETS 51
11.3 CONVENIENCE STORE 51
11.4 SPECIALTY STORES 51
11.5 ONLINE 51
11.6 OTHERS 52
12 COMPETITIVE LANDSCAPE 53
12.1 INTRODUCTION 53
12.1.1 MARKET STRATEGY ANALYSIS 53
12.2 COMPETITIVE BENCHMARKING 54
12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 55
12.3.1 PRODUCT LAUNCH 55
13 COMPANY PROFILES 56
13.1 BIC SA 56
13.1.1 COMPANY OVERVIEW 56
13.1.2 FINANCIAL OVERVIEW 57
13.1.3 PRODUCTS OFFERED 58
13.1.4 KEY DEVELOPMENTS 58
13.1.5 SWOT ANALYSIS 59
13.1.6 KEY STRATEGIES 59
13.2 S.T. DUPONT 60
13.2.1 COMPANY OVERVIEW 60
13.2.2 FINANCIAL OVERVIEW 61
13.2.3 PRODUCTS OFFERED 62
13.2.4 KEY DEVELOPMENTS 62
13.2.5 SWOT ANALYSIS 63
13.2.6 KEY STRATEGIES 63
13.3 XINHAI GROUP 64
13.3.1 COMPANY OVERVIEW 64
13.3.2 FINANCIAL OVERVIEW 64
13.3.3 PRODUCTS OFFERED 64
13.3.4 KEY DEVELOPMENTS 66
13.3.5 SWOT ANALYSIS 66
13.3.6 KEY STRATEGIES 66
13.4 ZIPPO GMBH 67
13.4.1 COMPANY OVERVIEW 67
13.4.2 FINANCIAL OVERVIEW 67
13.4.3 PRODUCTS OFFERED 67
13.4.4 KEY DEVELOPMENTS 69
13.4.5 SWOT ANALYSIS 69
13.4.6 KEY STRATEGIES 69
13.5 IMCORONA 71
13.5.1 COMPANY OVERVIEW 71
13.5.2 FINANCIAL OVERVIEW 71
13.5.3 PRODUCTS OFFERED 71
13.5.4 KEY DEVELOPMENTS 73
13.5.5 SWOT ANALYSIS 74
13.5.6 KEY STRATEGIES 74
13.6 TOKAI 75
13.6.1 COMPANY OVERVIEW 75
13.6.2 FINANCIAL OVERVIEW 75
13.6.3 PRODUCTS OFFERED 75
13.6.4 KEY DEVELOPMENTS 76
13.6.5 SWOT ANALYSIS 76
13.6.6 KEY STRATEGIES 76
13.7 LIGHTERBRO LLC 77
13.7.1 COMPANY OVERVIEW 77
13.7.2 FINANCIAL OVERVIEW 77
13.7.3 PRODUCTS OFFERED 77
13.7.4 KEY DEVELOPMENTS 78
13.7.5 KEY STRATEGIES 78
13.8 GERMANUS 79
13.8.1 COMPANY OVERVIEW 79
13.8.2 FINANCIAL OVERVIEW 79
13.8.3 PRODUCTS OFFERED 79
13.8.4 KEY DEVELOPMENTS 79
13.8.5 KEY STRATEGIES 79
13.9 BOOMEX GMBH 80
13.9.1 COMPANY OVERVIEW 80
13.9.2 FINANCIAL OVERVIEW 80
13.9.3 PRODUCTS OFFERED 80
13.9.4 KEY DEVELOPMENTS 80
13.9.5 KEY STRATEGIES 80
LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 22
TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS 26
TABLE 3 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, PRODUCT TYPE, 2020–2030 (USD MILLION) 41
TABLE 4 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY GENDER, 2020–2030 (USD MILLION) 43
TABLE 5 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY RAW MATERIAL, 2020–2030 (USD MILLION) 45
TABLE 6 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY PACKAGING, 2020–2030 (USD MILLION) 47
TABLE 7 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY PRICE RANGE, 2020–2030 (USD MILLION) 49
TABLE 8 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 51
TABLE 9 PRODUCT LAUNCH 55
TABLE 10 C: PRODUCTS OFFERED 58
TABLE 11 BIC SA: KEY DEVELOPMENTS 58
TABLE 12 S.T. DUPONT: PRODUCTS OFFERED 62
TABLE 13 XINHAI GROUP.: PRODUCTS OFFERED 64
TABLE 14 ZIPPO GMBH : PRODUCTS OFFERED 67
TABLE 15 IMCORONA: PRODUCTS OFFERED 71
TABLE 16 IMCORONA: KEY DEVELOPMENTS 73
TABLE 17 TOKAI: PRODUCTS OFFERED 75
TABLE 18 LIGHTERBRO LLC.: PRODUCTS OFFERED 77
TABLE 19 GERMANUS: PRODUCTS OFFERED 79
TABLE 20 BOOMEX GMBH: PRODUCTS OFFERED 80
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 12
FIGURE 2 GERMANY POCKET LIGHTER MARKET ANALYSIS BY PRODUCT TYPE 13
FIGURE 3 GERMANY POCKET LIGHTER MARKET ANALYSIS BY GENDER 14
FIGURE 4 GERMANY POCKET LIGHTER MARKET ANALYSIS BY RAW MATERIAL 15
FIGURE 5 GERMANY POCKET LIGHTER MARKET ANALYSIS BY PACKAGING 16
FIGURE 6 GERMANY POCKET LIGHTER MARKET ANALYSIS BY PRICE RANGE 17
FIGURE 7 GERMANY POCKET LIGHTER MARKET ANALYSIS BY DISTRIBUTION CHANNEL 18
FIGURE 8 GERMANY POCKET LIGHTER MARKET: STRUCTURE 20
FIGURE 9 RESEARCH PROCESS 21
FIGURE 10 TOP-DOWN & BOTTOM-UP APPROACHES 24
FIGURE 11 MARKET DYNAMICS OVERVIEW 27
FIGURE 12 DRIVERS IMPACT ANALYSIS: GERMANY POCKET LIGHTER MARKET 29
FIGURE 13 RESTRAINTS IMPACT ANALYSIS: GERMANY POCKET LIGHTER MARKET 31
FIGURE 14 GERMANY POCKET LIGHTER MARKET: VALUE CHAIN OF POCKET LIGHTER 33
FIGURE 15 GERMANY POCKET LIGHTER MARKET: SUPPLY CHAIN ANALYSIS 35
FIGURE 16 PORTER'S FIVE FORCES ANALYSIS OF THE GERMANY POCKET LIGHTER MARKET 36
FIGURE 17 GERMANY POCKET LIGHTER MARKET, PRODUCT TYPE, 2021 (% SHARE) 40
FIGURE 18 GERMANY POCKET LIGHTER MARKET, PRODUCT TYPE, 2020–2030 (USD MILLION) 40
FIGURE 19 GERMANY POCKET LIGHTER MARKET, BY GENDER, 2021 (% SHARE) 42
FIGURE 20 GERMANY POCKET LIGHTER MARKET, BY GENDER, 2020–2030 (USD MILLION) 42
FIGURE 21 GERMANY POCKET LIGHTER MARKET, BY RAW MATERIAL, 2021 (% SHARE) 44
FIGURE 22 GERMANY POCKET LIGHTER MARKET, BY RAW MATERIAL, 2020–2030 (USD MILLION) 44
FIGURE 23 GERMANY POCKET LIGHTER MARKET, BY PACKAGING, 2021 (% SHARE) 46
FIGURE 24 GERMANY POCKET LIGHTER MARKET, BY PACKAGING, 2020–2030 (USD MILLION) 46
FIGURE 25 GERMANY POCKET LIGHTER MARKET, BY PRICE RANGE, 2021 (% SHARE) 48
FIGURE 26 GERMANY POCKET LIGHTER MARKET, BY PRICE RANGE, 2020–2030 (USD MILLION) 48
FIGURE 27 GERMANY POCKET LIGHTER MARKET, BY DISTRIBUTION CHANNEL, 2021 (% SHARE) 50
FIGURE 28 GERMANY POCKET LIGHTER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION) 50
FIGURE 29 BIC SA: FINANCIAL OVERVIEW SNAPSHOT 57
FIGURE 30 BIC SA: SWOT ANALYSIS 59
FIGURE 31 S.T. DUPONT: FINANCIAL OVERVIEW SNAPSHOT 61
FIGURE 32 S.T. DUPONT: SWOT ANALYSIS 63
FIGURE 33 XINHAI GROUP: SWOT ANALYSIS 66
FIGURE 34 ZIPPO GMBH: SWOT ANALYSIS 69
FIGURE 35 IMCORONA: SWOT ANALYSIS 74
FIGURE 36 TOKAI: SWOT ANALYSIS 76
1 EXECUTIVE SUMMARY
The Germany pocket lighter market is projected to witness significant growth during the review period, exhibiting a CAGR of 6.8%. The market was estimated to be USD 312.03 million in 2021 and is expected to reach a value of USD 563.67 million by the end of the forecast period (2022-2030).
A pocket lighter is generally used for igniting a cigarette and occasionally for lighting other materials too. Several innovations and technologies have managed to develop an easy-to-use and portable pocket lighter. Pocket lighters are generally made up of plastic or metal bodies that are filled with flammable gas such as Butane. They can also contain liquid substances such as Naphtha and Charcoal for ignition. Some of the pocket lighters can also be charged by electricity and contain an electric arc and heating element for the ignition. There are various types of pocket lighter depending on the manufacturing process and type of raw materials used such as electric lighters, flint lighter, flameless lighter, catalytic lighter, match lighter, permanent matches, watertight fluid lighter, windproof lighter, double flame burner lighter, brass lighter, and clippers.
Based on product, the Flint Lighter segment accounted for the largest market share of 64.8% in 2021 and is expected to exhibit a CAGR of 6.2% during the forecast period. It is followed by Electronic Lighter segment which accounted for 35.2% market share in 2021. The increasing technological advancement for the production of electronic lighters will drive growth for this segment during the forecast period. For instance, manufacturers are offering digital displays for catching consumers’ attention. Additionally, electronic lighters are chargeable through USB and do not require fuel for filling, moreover, they are much safer than others. Owing to this they are experiencing increasing demand.
Based on gender, the Men segment accounted for a market share of 59.0% in 2021. Majorly men tend to consume different tobacco products such as cigarettes, cigars, and bidi among others at higher rates than women. The repeated consumption of cigarettes among men is increasing the demand for pocket lighters.
Based on the raw material, the Butane segment accounted for a market share of 73.2% in 2021 and is expected to exhibit a CAGR of 7.3% during the forecast period, as butane is a type of the most commonly used propellant in the production of industrial and household aerosols. The surging application of butane in various applications is driving growth.
Based on the packaging type, the Plastic segment accounted for a market share of 62.1% in 2021 and is expected to exhibit a CAGR of 6.1% during the forecast period. Lighters made from plastic are gaining high demand in the market, as these lighters are economical, lightweight, durable, efficient, and reusable as well. Manufacturers are producing disposable lighters which do not harm the environment. Moreover, plastic lighters are easily available at tobacco shops and have fascinating designs which drive the growth of this segment for the forecast period.
Based on the price range, the Economical segment held the market share of 82.2% in 2021 and is anticipated to exhibit a CAGR of 6.6% during the forecast years, as the economical pocket lighter is made up of less expensive raw materials that also fulfill the requirements of the consumers with less budget.
FIGURE 1 MARKET SYNOPSIS
Source: MRFR Analysis
1.1.1 GERMANY POCKET LIGHTER MARKET, BY PRODUCT TYPE
FIGURE 2 GERMANY POCKET LIGHTER MARKET ANALYSIS BY PRODUCT TYPE
Source: MRFR Analysis
1.1.2 GERMANY POCKET LIGHTER MARKET, BY GENDER
FIGURE 3 GERMANY POCKET LIGHTER MARKET ANALYSIS BY GENDER
Source: MRFR Analysis
1.1.3 GERMANY POCKET LIGHTER MARKET, BY RAW MATERIAL
FIGURE 4 GERMANY POCKET LIGHTER MARKET ANALYSIS BY RAW MATERIAL
Source: MRFR Analysis
1.1.4 GERMANY POCKET LIGHTER MARKET, BY PACKAGING
FIGURE 5 GERMANY POCKET LIGHTER MARKET ANALYSIS BY PACKAGING
Source: MRFR Analysis
1.1.5 GERMANY POCKET LIGHTER MARKET, BY PRICE RANGE
FIGURE 6 GERMANY POCKET LIGHTER MARKET ANALYSIS BY PRICE RANGE
Source: MRFR Analysis
1.1.6 GERMANY POCKET LIGHTER MARKET, BY DISTRIBUTION CHANNEL
FIGURE 7 GERMANY POCKET LIGHTER MARKET ANALYSIS BY DISTRIBUTION CHANNEL
Source: MRFR Analysis
2 MARKET INTRODUCTION
2.1 DEFINITION
The pocket lighter was first invented by Frenchman Henry Pingeot and was marketed by Marcel Quercia, in 1948. Just with the click of fingers, the spark is produced which ignites the small amount of gas released. A pocket lighter is generally used for cigars or cigarettes, owing to which it is also called a cigar lighter or cigarette lighter. It is a small, portable lighter containing fuel that produces a flame for lighting a cigarette. Most of the lighters use piezo ignition, inside which there is a small hammer inside the lighter which strikes a piezoelectric crystal for producing an electric spark that lights the butane gas being uniformly released from the fuel tank. A pocket lighter can also be used for lighting other materials.
2.2 SCOPE OF THE STUDY
The scope of the Germany pocket lighter market study includes the market size analysis and a detailed analysis of the manufacturers’ products and strategies. The market has been segmented based on product type, gender, raw material, packaging, price range, and distribution channel.
2.3 RESEARCH OBJECTIVE
ï‚¡ To provide a comprehensive analysis of the pocket lighter industry and its sub-segments in the Germany market, thereby providing a detailed structure of the industry
ï‚¡ To provide detailed insights into factors driving and restraining the growth of the Germany pocket lighter market
ï‚¡ To estimate the market size of the Germany pocket lighter market where 2020 would be the historical year, 2021 shall be the base year, and 2022 to 2030 will be the forecast period for the study.
ï‚¡ To provide strategic profiling of key companies (manufacturers and distributors) present across the country and comprehensively analyze their competitiveness/competitive landscape in this market.
ï‚¡ To provide a distribution chain analysis/value chain for the Germany pocket lighter market
2.4 MARKET STRUCTURE
FIGURE 8 GERMANY POCKET LIGHTER MARKET: STRUCTURE
Source: MRFR Analysis
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
Market Research Future analysis is based on interviews with industry experts who offer insight into the market structure, market segmentation, technology assessment, competitive landscape (CL), market penetration, and emerging trends. Besides primary interviews (~80%) and secondary research (~20%), their analysis is based on years of professional expertise in their respective industries. Our analysts also predict where the market will be headed in the next five to 10 years by analyzing historical trends and the current market position. Furthermore, the varying trends in segments and categories in each region are studied and estimated based on primary and secondary research.
FIGURE 9 RESEARCH PROCESS
Source: MRFR Analysis
TABLE 1 PRIMARY INTERVIEWS
Region Manufacturers Retailers Consumers Total Number of Primary Interviews
Germany 45% 25% 50% 100
3.2 PRIMARY RESEARCH
Extensive primary research was conducted to gain a deeper insight into the market and the industry's performance. For this particular report, we have conducted primary surveys (interviews) with the key-level executives (VPs, CEOs, marketing directors, and business development managers, among others) of the major players active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed in the next five years.
3.3 SECONDARY RESEARCH
Secondary research was mainly used to collect and identify information useful for an extensive, technical, market-oriented, and commercial study of the Germany pocket lighter market. It was also used to obtain key information about major players, market classification, and segmentation according to industry trends, geographical markets, and developments related to the market and technology. For this study, analysts have gathered information from various credible sources such as annual reports, SEC filings, journals, white papers, corporate presentations, company websites, international organizations of pocket lighter, manufacturers, and paid databases.
3.4 MARKET SIZE ESTIMATION
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of the overall pocket lighter market. The key players in the market were identified through secondary research, and their market contributions in the respective regions were determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market have been covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative data. This data has been consolidated and detailed inputs and analysis added by Market Research Future before being presented in this report. The following figure is an illustrative representation of the overall market size estimation process employed for the purpose of this study.
FIGURE 10 TOP-DOWN & BOTTOM-UP APPROACHES
Source: MRFR Analysis
3.5 FORECAST MODEL
Source: MRFR Analysis
3.6 LIST OF ASSUMPTIONS & LIMITATIONS
TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS
Parameter Assumptions & Limitations
Currency Value All forecasts have been made with the revenue and value calculated under the standard assumption that the value of the Germany accepted currency, the US dollar, remains constant over the next five years.
Exchange Rates and Currency For the conversion of various currencies to USD, the average historical exchange rates have been used according to the year specified. For all historical and current exchange rates required for calculations and currency conversions, the OANDA website has been used in this research study.
Conversion
Niche Market Segments For niche market segments where accurate data of the respective timeline was not available, the data were calculated using trend line analysis. In some instances, where mathematical and statistical models could not be applied to arrive at the number, a generalization of specifically related trends to that particular market has been made.
Qualitative Analysis The qualitative analysis is arrived at from the quantitative data based on the understanding of the market and its trends by the team of experts involved in making this report.
Average Selling Prices (ASP) The ASP, wherever applicable, was calculated using suitable statistical and mathematical methods and considering external qualitative factors affecting the price. All the calculations are interconnected based on the finalized ASPs.
Source: MRFR Analysis
4 MARKET DYNAMICS
4.1 INTRODUCTION
The Germany pocket lighter market witnessed significant growth over the last few years and is projected to register a CAGR of 6.8% during the forecast period. The major drivers for pocket lighter are rapid product innovation and the growing influence of the smoking population which has been rising day by day. However, increased awareness of safety concerns while carrying pocket lighters among consumers may limit growth. The product is expected to create lucrative growth opportunities for players operating in the Germany pocket lighter market during the forecast period, owing to the personalized utilization and growing fashion trend among German consumers.
FIGURE 11 MARKET DYNAMICS OVERVIEW
Source: MRFR Analysis
4.2 DRIVERS
4.2.1 NEW TECHNOLOGY & INNOVATION OF POCKET LIGHTER TO ATTRACT MORE CONSUMERS
Pocket lighters are portable devices that are commonly used by consumers globally. With its help, someone easily creates a flame for igniting various materials. The convenience and versatility they offer have made them a must-have item for smokers and outdoor enthusiasts alike. The German pocket lighter market is no exception, and manufacturers are always looking for new technology and innovations to attract more consumers. The German pocket lighter market is being flourished by the ever-increasing demand from consumers. Owing to the advanced technology and new concept of the designed lighter has gained popularity among the users. One of the latest innovations in pocket lighter technology is the electric pocket lighter. Unlike traditional flint lighters, electric pocket lighters use a rechargeable battery to generate a small electric arc that ignites the fuel. They are safer and more convenient than traditional lighters, as they do not require fuel and can be easily recharged using a USB cable. Along with this, the development by the key manufacturing players in the German market has presented lighters such as vintage lighters, gas lighters, and adjustable flame power lighters. While new technology is important, many consumers also appreciate the charm and history of vintage lighters. Vintage lighters offer a unique aesthetic and are often seen as personality development items. Additionally, some manufacturers have started to create vintage-style lighters, which combine the appeal of vintage design with modern technology. These lighters may feature electric ignition or adjustable flame power while still maintaining a vintage look.
Moreover, the advanced technology has helped the manufacturers to focus on the adjustable flame functions in the lighters with the advanced digital display which shows the fuel level allowing users to know when they need to refill their lighter. This added convenience and has a big selling point for consumers. They offer a reliable ignition source and are easy to refill. However, new advancements in gas lighter technology have made them even more appealing to consumers. Adding to this, another recent innovation in pocket lighter technology is the ability to adjust the flame power. This allows users to control the size of the flame, which can help to light different types of objects. For example, a smaller flame may be more appropriate for lighting a cigarette, while a larger flame may be needed for lighting a campfire. Lighters with adjustable flame power are becoming increasingly popular in the German market.
Furthermore, clinical studies and surveys have shown that these innovations are indeed attracting more consumers to pocket lighters. For example, a survey conducted by Mintel found that 57% of adults in the US use pocket lighters, with 36% using them daily. Additionally, 27% of survey respondents said they would be willing to pay more for a pocket lighter with added features such as a child-resistant mechanism or improved fuel efficiency. Pocket lighters have been around for over a century, with few significant changes in design and functionality. However, in recent years, new technologies and innovations have emerged to make pocket lighters more appealing to a wider range of consumers. These innovations range from new materials and designs to added features such as safety mechanisms and improved fuel efficiency.
4.2.2 THE RISING NUMBER OF SMOKING POPULATIONS COUPLED WITH THE INCREASING DISPOSABLE INCOME ENLARGES THE MARKET GROWTH
Smoking is a common habit among many people around the world, and it has been linked to various health problems. However, the number of people smoking is still increasing, especially in developing countries, despite the efforts of health organizations to reduce the number of smokers. The Germany Pocket Lighter Market has seen an increase in demand in recent years due to the rising number of smokers coupled with the increasing disposable income of consumers. Additionally, another reason for the growth of the Germany Pocket Lighter Market is the increased use of tobacco in various forms. In addition to traditional cigarettes, consumers are increasingly using other tobacco products such as e-cigarettes, vapes, and hookahs. This has led to a rise in demand for pocket lighters as these products require heat to function.
Moreover, despite these risks, smoking remains popular among many people, and the number of smokers is expected to continue rising in the coming years. This trend is expected to continue driving the growth of the Germany Pocket Lighter Market as more people take up smoking. The social acceptability of smoking has also played a role in the rising number of smokers in Germany. While smoking was once seen as a glamorous and sophisticated habit, it is now widely recognized as a health hazard from the consumer's perspective.
According to a survey conducted by the German Federal Ministry of Health in 2019, approximately 22% of Germans aged 15 and above were smokers, which represents an increase from the previous year's 20.8%. Furthermore, the survey revealed that smoking rates were higher among men (24.5%) than women (19.4%). This trend is expected to continue in the coming years as more people take up smoking due to stress, socialization, and other reasons.
In addition to the rising number of smokers, increasing disposable income among consumers is also a major factor driving the growth of the Germany pocket lighter market. The primary scenario in the country has witnessed the per capita income of citizens has risen. For Instance, According to Trading Economics, disposable income in Germany increased to 1875.9 EUR in the fourth quarter of 2021, representing a 2.1% increase from the previous year. In conclusion, the Germany Pocket Lighter Market is expected to continue growing in the coming years due to the rising number of smokers and increasing disposable income among consumers.
4.2.3 DRIVERS IMPACT ANALYSIS
FIGURE 12 DRIVERS IMPACT ANALYSIS: GERMANY POCKET LIGHTER MARKET
Source: MRFR Analysis
4.3 RESTRAINT
4.3.1 INCREASED RAW MATERIAL COSTS TO AFFECT THE GROWTH OF THE PRODUCT
The Germany Pocket Lighter market has been facing significant challenges due to increasing raw material costs. This has increased the price of the final product, leading to a decrease in consumer demand. One of the primary reasons for the increase in raw material costs is the rise in the prices of crude oil, which is the primary source of fuel for the production of plastic products, including lighters. The impact of increased raw material costs on the Germany Pocket Lighter market has been significant.
One of the primary reasons for the increase in raw material costs is the rise in the prices of crude oil, which is the primary source of fuel for the production of plastic products, including lighters. For instance, according to the International Energy Agency (IEA), the average crude oil price per barrel increased from $66.20 in 2021 to $80.90 in 2022. This has increased the cost of raw materials used for the production of pocket lighters. The Germany Pocket Lighter market is facing significant challenges due to the increase in raw material costs. The rise in crude oil prices, as well as the increase in the cost of other raw materials, has impacted the production costs of pocket lighters, leading to an increase in their prices.
Moreover, apart from the increase in crude oil prices, several other factors have led to an increase in the cost of raw materials for pocket lighters. One of the key factors is the global shortage of raw materials, which has been caused by disruptions in supply chains due to the COVID-19 pandemic.
The increased raw material costs for the Germany Pocket Lighter market have been driven by several factors, including the global shortage of raw materials, increased competition for raw materials, rising energy and labor costs, and disruptions in supply chains due to the COVID-19 pandemic which may restrain the overall growth of the market.
4.3.2 HIKED FUEL PRICES TO AFFECT THE MOMENTUM POCKET LIGHTERS GROWTH
The German pocket lighter market has been experiencing a significant increase in fuel prices in recent years. This rise in prices has been driven by a variety of factors, including increased demand for fuel, supply chain disruptions, and geopolitical instability. Additionally, the ever-increasing cost of fuel has ultimately impacted the increased production costs of the product. Due to the hiked fuel prices in the pocket lighter market, manufacturers are exploring alternative fuel sources. One example is the use of butane-free fuel, which is derived from renewable sources and produces fewer emissions than traditional butane fuel. Some manufacturers are also exploring the use of electric pocket lighters, which can be charged using a USB port and do not require any fuel at all.
Furthermore, manufacturers are facing increased production costs, which are being passed on to consumers through higher prices. The rise in fuel prices has also harmed public health and has led to a shift in consumer behavior. Manufacturers are now exploring alternative fuel sources, such as butane-free fuel and electric pocket lighters, to address the issue of hiked fuel prices. Thus, the rising cost of fuel in Germany has had a significant impact on the pocket lighter market. For, Instance, according to a recent study, the average price of gasoline in Germany increased from 1.3 euros per liter in 2017 to 1.55 euros per liter in 2021. This represents an increase of over 19% in just four years. The rising cost of fuel has had a direct impact on the pocket lighter market, as fuel is a crucial component in the manufacturing process of pocket lighters. Pocket lighter manufacturers are now facing increased production costs, which are being passed on to consumers through higher prices.
4.3.3 RESTRAINTS IMPACT ANALYSIS
FIGURE 13 RESTRAINTS IMPACT ANALYSIS: GERMANY POCKET LIGHTER MARKET
Source: MRFR Analysis
4.4 OPPORTUNITY
4.4.1 INCREASED TREND OF GIFTING & USING FASHIONABLE LIGHTERS TO ENHANCE THE PRODUCT GROWTH
The German pocket lighter market has seen a growing trend in the use of fashionable lighters as gifts. This trend is primarily driven by the desire of consumers to have unique and trendy accessories. One of the factors contributing to this trend is the increasing popularity of smoking accessories. Fashionable lighters are considered a popular accessory among smokers, as they add to the overall experience of smoking. The use of fashionable lighters has become a fashionable way for smokers to present their individuality and style. For Instance, According to a recent survey, approximately 56% of the German population uses pocket lighters regularly. This makes the German pocket lighter market a lucrative opportunity for manufacturers to increase their sales by offering fashionable lighters as a gifting option.
Moreover, the demand for fashionable lighters has also been observed in the corporate gifting segment. Another factor contributing to the increasing trend of gifting and using fashionable lighters is the availability of a wide variety of designs and materials. Manufacturers are now offering lighters made of different materials such as metal, wood, and plastic, with unique designs that cater to the diverse preferences of consumers. Likewise, the demand for fashionable lighters has also been observed in the corporate gifting segment. Many companies are now opting for pocket lighters as a unique and useful gift for their employees and business partners. This has created a significant opportunity for manufacturers to increase their market share.
Furthermore, the increasing trend of gifting and using fashionable lighters in Germany's pocket lighter market is driven by the desire of consumers to have unique and trendy accessories. The trend is expected to continue, providing manufacturers with significant opportunities to increase their sales by offering fashionable and customized lighters.
4.5 CHALLENGE
4.5.1 SAFETY CONCERNS REGARDING USING POCKET LIGHTERS TO HINDER THE GROWTH
The use of pocket lighters is widespread, and it is commonly used to light cigarettes, candles, and other combustible materials. However, pocket lighters have been associated with several safety concerns, especially when used inappropriately. In Germany, pocket lighter usage is common, and this has led to a growing concern about their safety and impact on public health. Moreover, pocket lighters have been linked to an increased risk of burns and injuries. For instance, in the survey conducted by the German Consumer Safety Association, 56% of respondents reported experiencing a burn or injury caused by a pocket lighter. This highlights the need for proper handling and use of pocket lighters to avoid accidents.
Moreover, consumer around the nation has faced many safety issues, as carrying a pocket lighter can be hazardous. One of the primary safety concerns associated with pocket lighters is the risk of fire. The country has faced many incidents wherein consumers faced difficulty while carrying pocket lighters. For Instance, according to a report by the German Federal Statistical Office, there were 222,141 fires reported in 2019, and 63% of these fires were caused by human error, including the misuse of pocket lighters. This highlights the need for caution when using pocket lighters, especially when around flammable materials. Furthermore, pocket lighters are often used by children and teenagers which has raised concerns about their safety. Adding to this, safety concern is the potential harm caused by the chemicals used in pocket lighters. Pocket lighters contain butane, a highly flammable gas that can be dangerous if inhaled or ingested. Exposure to butane can cause dizziness, nausea, and even unconsciousness. These aforementioned are the factors that can hinder overall growth and may come up as a challenge for market growth.
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS
Value chain analysis is a strategic tool used to analyze the internal activities of firms. It recognizes the firm's most valuable activities —the source of cost or differentiation advantage— and the ones that could be improved to provide a competitive advantage. The analysis reveals/ a firm's competitive advantages or disadvantages by looking into internal activities. The firm which competes through a diversity advantage would try to achieve better than its contestants. If it strives through cost benefit, it will try to carry out its internal actions at lower costs than the competitors. Value chain analysis benefits firms split their various business actions into primary and support activities and analyze them, keeping in mind their involvement toward value formation to the final product.
The process of manufacturing pocket lighter depends on the types of material used while manufacturing the product. However, the manufacturing process for a pocket lighter typically involves the following steps.
FIGURE 14 GERMANY POCKET LIGHTER MARKET: VALUE CHAIN OF POCKET LIGHTER
Source: MRFR Analysis
5.1.1 RAW MATERIALS
The primary step involved in the manufacturing procedure is the procurement of raw materials. The key materials used in the production of a pocket lighter include a steel casing, a flint, a wick, and butane gas. After procurement, the ingredients are sent for a quality check before processing. The ingredients must be certified by the respective authorities regarding labeling and potency. This stage delivers up to 35% value to the product as the ingredients' quality determines the product's quality.
5.1.2 PROCESSING
5.1.2.1 CASING PRODUCTION
Once the raw material is procured, it is inspected for quality to comply with the standards. Post-quality check, the steel casing is typically manufactured using a stamping process. In this process, a sheet of steel is cut into the required shape and then stamped to form the casing.
5.1.2.2 FLINT AND WICK PRODUCTION:
The flint and wick are typically produced separately. The flint is made by compressing a mixture of flint and other materials to form a hard, durable block. The wick is made by braiding cotton fibers to form a porous, absorbent material.
5.1.2.3 ASSEMBLY:
The next step in the manufacturing process is the assembly of the lighter. The flint is inserted into the steel casing, and the wick is inserted into the flint tube. The butane gas is then injected into the casing. The value of this segment is nearly 26%–75%.
5.1.2.4 TESTING:
After assembly, the lighters are tested to ensure that they function properly. This typically involves igniting the lighter to ensure that it produces a flame. The value of this segment is nearly 36%–90%.
5.1.2.5 PACKAGING:
The final step in the manufacturing process is packaging. The lighters are typically packaged in a plastic or cardboard container, along with any necessary instructions or warnings. The packaging of these pocket lighter products protects their quality and extends their shelf life. Packaging is considered a critical step in the value chain of any product. The key objective of packaging is to protect its contents from any damage that could happen during transport, handling, and storage. Packaging retains the product throughout its logistics chain from manufacturer to end user. Usually, the products are packed in various designs, shapes, and sizes. The value of this segment is nearly 76%–100%.
5.2 SUPPLY CHAIN ANALYSIS
The supply chain includes the activities and players involved in producing and distributing a commodity, from the procurement of raw materials to the final delivery of the product to end users. It is a system of managing the flow of goods and services from the point of origin to the point of consumption. It is an integrated method of transforming resources, raw materials, and components into the final product, ready to be delivered to the end customer.
FIGURE 15 GERMANY POCKET LIGHTER MARKET: SUPPLY CHAIN ANALYSIS
Source: MRFR Analysis
The above diagram depicts the various stages involved in the distribution of pocket lighter. The supply chain for a pocket lighter with the procurement of raw materials, i.e.aluminum sheets, plastic, and butane gas is procured with several local players. The raw material is procured from traders and suppliers and third-party manufacturers that provide the packaging material. Post-procurement, the raw materials are transported to facilities where they are tested for quality and undergo processing to manufacture pocket lighter. The final product—pocket lighter—is then packaged in suitable packaging materials and delivered to the end consumers as per their requirements.
5.3 PORTER'S FIVE FORCES MODEL
Michael Porter's Five Forces model offers a framework to study the German pocket lighter market. Strategic business managers trying to gain an edge over competing firms in the Germany pocket lighter market can utilize this model to comprehend better the industry in which the company operates. The components of each force and the degree of impact of each element in the Germany pocket lighter market have been broken down and analyzed.
FIGURE 16 PORTER'S FIVE FORCES ANALYSIS OF THE GERMANY POCKET LIGHTER MARKET
Source: MRFR Analysis
5.3.1 THREAT OF NEW ENTRANTS
The threat of new entrants signifies the impact of new players trying to enter the market. The Germany pocket lighter market is a modest market with the presence of major players. The initial investments required are high and include production equipment costs and marketing, advertising, promotional, and certification costs. The market is fragmented due to the presence of established players and local and regional players. Additionally, the technology used to manufacture pocket lighter and the cost of R&D in light is a little high. A few large players dominate the industry, maintaining a substantial market share. Moreover, major bagging machine manufacturers have established distribution networks and a wide geographical reach, which gives them an advantage over their peers. Owing to the high returns on investment, backed by improving production scope, the Germany pocket lighter market has witnessed an increasing number of new entrants. But high R&D costs and difficulties in branding new product lines limit the scope of market entry and create barriers for new companies.
Furthermore, the established market players are venturing into new regions by adopting strategic partnerships and joint ventures with local suppliers to increase their market share, reducing the potential profit margins for new entrants.
Hence, the threat of new entrants in the Germany pocket lighter market is expected to be moderate.
5.3.2 BARGAINING POWER OF SUPPLIERS
Suppliers provide the raw materials required to produce pocket lighter color products, with limited differentiation in quality and price. With the availability of a larger number of suppliers in the market, pocket lighter manufacturers aren't dependent on a single supplier, reducing their operational risks and switching costs. The suppliers in the Germany pocket lighter market are the raw material providers of materials such as stainless steel, brass, aluminum, plastic, and gas suppliers among others. The presence of a high number of suppliers in the market leads to the least bargaining power of suppliers. Thus, manufacturers can easily switch between suppliers as they are not dependent on a single supplier, which reduces their operational risks. The suppliers are not only concentrated in one region but have a cross-regional presence, further decreasing switching costs.
Hence, the bargaining power of suppliers in the Germany pocket lighter market is expected to be low.
5.3.3 BARGAINING POWER OF BUYERS
Buyers are a major governing factor in the market. The availability of many pockets lighter products gives the authority to buyers to choose the best from existing brand products. At present, consumers are increasingly conscious of the products they purchase. Owing to the increasing number of pocket lighter manufacturers in the market, consumer switching costs are expected to remain low. Consumers are also well-informed about the products, and their brand loyalty is limited. Moreover, most consumers are price-sensitive owing to the increasing Germany inflation and tend to switch to offerings with a comparatively lower price.
Hence, the bargaining power of buyers in the Germany pocket lighter market is expected to be high.
5.3.4 THREAT OF SUBSTITUTES
Pocket lighter is an innovative product that is to carry. The developed products have a good demand from the youth, which benefits in enlightening purpose. Germany pocket lighter market faces intense internal competition at the product level. The product can be substituted for another type of product based on the preferences of the end-user industry. By analyzing these factors, it is identified that there are chances of product substitution at an internal level due to the availability of multiple options and various designs in the market. However, there are no close substitutes in the pocket lighter market.
Hence, the threat of substitutes in the Germany pocket lighter market is expected to be moderate.
5.3.5 INTENSITY OF RIVALRY
The intensity of rivalry in the Germany pocket lighters market varies dramatically across re country. Many known market players in the industry have ventured into the industry through mergers & acquisitions. The established players target competitors in terms of quality and price, making the industry competitive and reducing profit margins for all existing firms. Additionally, players operating in the market are competing by introducing new high-quality, and advanced products. The established players in the market are competing in terms of quality and price, thus making the industry competitive and reducing the profit potential for the existing firms. The key players invest in R&D to bring innovation to their product lines and prioritize product development to meet the changing consumer preferences.
Hence, the intensity of rivalry in the Germany pocket lighter market is expected to be high.
5.4 IMPACT OF THE COVID-19 OUTBREAK ON THE GERMANY POCKET LIGHTER MARKET
The outbreak of COVID-19 has adversely affected economies around the globe. The economic uncertainty due to the pandemic outbreak is much more intricate than in past pandemics. COVID-19 caused disruption and volatility in the Germany markets and authored an economic slowdown in 2020. The COVID-19 pandemic and its associated economic uncertainty negatively impacted the pocket lighter market across a variety of customers. Regarding COVID-19, local governments in the country have introduced certain measures, such as travel prohibitions, shutdowns of certain businesses, bans on group events and gatherings, shelter-in-place orders, curfews and recommendations of practicing social distancing The availability of labor is an important consideration, and there is a general labor shortage in manufacturing pocket lighter products.
5.4.1 IMPACT ON PRODUCTION
The spreading of the coronavirus has affected the Germany pocket lighter market, which has led to strict lockdown restrictions across many countries around the globe as the COVID-19 pandemic has disrupted the production process across the country. During the pandemic, the government imposed certain economic restrictions, which led to a slower production process. Companies producing important commodities were allowed to function with 50% of their personnel which has benefited the major player to sustain. However, the production facilities of the pocket lighter were closed. The closed plants could not produce fresh products, ultimately impacting availability and increasing prices. Afterward, retardation of the processes has hindered the demand and supply of the product throughout the pandemic, which has twisted a huge gap. However, being witnessed with the slowing and minimized cases has helped the market to regain momentum. Through a focused distribution channel, key players operating in the market are constantly developing products with more innovation and better quality products.
5.4.2 IMPACT ON SUPPLY CHAIN
The pandemic has disrupted the Germany supply chain and interrupted the entire value chain, from raw material procurement to manufacturing, packaging, and distribution. The outbreak has negatively impacted the entire supply chain in the manufacturing industry. Lockdown restrictions have increased transportation trouble, resulting in the untimely delivery of raw materials required to produce pocket lighter. However, the declining cases of the of covid-19 have given some relief to the major producers. The declining phase of cases has further benefited the proper supply of raw materials. The supply chain conspicuously contains ingredient suppliers, manufacturers, convenience stores, hypermarkets and supermarkets, and specialty stores. Hereafter, the slowing down cases of the pandemic have made the major players in the market take some major actions. The key manufacturers and major players are now concentrating on reorganizing the supply chain with standardized SOPs.
5.4.3 IMPACT ON CONSUMER BUYING BEHAVIOR
Pocket lighter is gaining momentum in the Germany market and is witnessing increased demand among youth. They are deeply concerned about the impact of COVID-19, as many of the products are being sold at higher prices. Consumers are more concerned about rising prices. Nowadays, consumers in the pocket lighters market are witnessing increasing demand amongst the young population. The product is being trended as more and more people choose to purchase these types of lighters for all sorts of special occasions and personnel use. Consumers prefer to buy pocket lighters from online stores as compared to supermarkets & hypermarkets. Product innovation has become a key strategy to satisfy consumer demand and maximize sales. Also, It has been noticed that consumers are shifting their budgets. However, it is projected that the demand for pocket lights is expected to increase over the next few years.
5.4.4 IMPACT ON PRICING
The overall impact of the COVID-19 pandemic on the pricing of pocket lighter products was likely to be minimal due to the declined cases. However, Germany's pocket lighter market supply chain disruptions, logistics, and limited availability of raw materials and labor are expected to cripple the growth of the Germany pocket lighter market's growth. The increased raw material cost of the ingredients and production cost has surged the overall pricing of the pocket lighters. These inflated prices caused the final pricing of the end product.
6 GERMANY POCKET LIGHTER MARKET, PRODUCT TYPE
6.1 OVERVIEW
Based on the type, the Germany pocket lighter market has been bifurcated into flint lighter, and electronic lighter. The flint lighter segment accounted for the largest market share of 64.8 % in 2021 and is likely to register the CAGR of 6.2% during the projected period. The electronic Lighter segment will likely register the CAGR of 7.8% during the projected period.
FIGURE 17 GERMANY POCKET LIGHTER MARKET, PRODUCT TYPE, 2021 (% SHARE)
Source: Industry Experts, Secondary Research, and MRFR Analysis
FIGURE 18 GERMANY POCKET LIGHTER MARKET, PRODUCT TYPE, 2020–2030 (USD MILLION)
Source: Industry Experts, Secondary Research, and MRFR Analysis
6.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, PRODUCT TYPE, 2020–2030
TABLE 3 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, PRODUCT TYPE, 2020–2030 (USD MILLION)
Product Type 2020 2021 2022 2030 CAGR (2022-2030)
Flint Lighter 189.76 202.13 215.20 348.84 6.2%
Electronic Lighter 102.19 109.90 117.81 214.83 7.8%
Total 291.95 312.03 333.01 563.67 6.8%
Source: Industry Experts, Secondary Research, and MRFR Analysis
6.2 FLINT LIGHTER
Carl Auer von Welsbach- an Austrian scientist invented the flint lighters in 1903, ferrocerium was patented by him and eventually called flint. Flint is generally hard mineral quartz which was used historically to light flames. Between 1910 and 1930 ferrocerium was marketed as flint lighters, however, they are different from each other. Flint lighters are being used to light Bunsen burners or alcohol lamps. The flint lighter creates a sparkle when snapped around the grate. The created sparkle burns any source of flame very easily, but it gets extinguished very quickly after striking to maintain a controlled and safe flame.
These days, flint lighters are also being preferred by smokers, owing to increasing demand for luxurious lighters, along with the improvements made by the manufacturers operating in the flint lighter market across the region. Flint lighter is being used for lighting cigars, pipes, and cigarettes. The manufacturers operating in the German flint lighter market are also focusing on the development of various innovations as they have produced lighters according to gender-wise preferences. In addition, the manufacturers have also launched biodegradable flint lighters by keeping sustainability in their mind. The disposable flint lighter is less costly, and can are easily available at various convenience stores. However, the non-disposable flint lighter is very expensive as compared to disposable flint lighters and last longer.
6.3 ELECTRONIC LIGHTER
The electronic lighter segment has emerged as the most lucrative segment for the Germany pocket lighter market based on product type. The electric lighter is powered by electrical energy and is composed of a plasma arc or electric arc along with the heating element to create lighting. The electronic lighter does not contain any liquid fuel or butane for combustion and is also efficient and safe for use. The electric lighter is composed of burner plates, batteries, and an auto-off feature. The USB charging cable is provided for the charging purpose of the electric lighters. The manufacturers operating in the electric lighter market have also developed various categories such as single, dual & triple arc, extended arc, flameless electronic lighter, and plasma beam among others. These are the features associated with the electronic lighters propelling the growth of Germany pocket lighter market and is projected to grow with a considerable growth rate in the forthcoming years.
7 GERMANY POCKET LIGHTER MARKET, BY GENDER
7.1 OVERVIEW
Based on the gender, the Germany pocket lighter market has been men and women. The men segment accounted for the largest market share of 59.0 % in 2021 and is likely to register the CAGR of 6.4% during the projected period. The women segment will likely register the CAGR of 7.3% during the projected period.
FIGURE 19 GERMANY POCKET LIGHTER MARKET, BY GENDER, 2021 (% SHARE)
Source: Industry Experts, Secondary Research, and MRFR Analysis
FIGURE 20 GERMANY POCKET LIGHTER MARKET, BY GENDER, 2020–2030 (USD MILLION)
Source: Industry Experts, Secondary Research, and MRFR Analysis
7.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY GENDER, 2020–2030
TABLE 4 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY GENDER, 2020–2030 (USD MILLION)
Gender 2020 2021 2022 2030 CAGR (2022-2030)
Men 174.72 184.03 193.33 317.86 6.4%
Women 117.24 127.99 139.69 245.80 7.3%
Total 291.95 312.03 333.01 563.67 6.8%
Source: Industry Experts, Secondary Research, and MRFR Analysis
7.2 MEN
Based on category, the men's segment emerged as the major category in the Germany pocket lighter market. Approximately every 4th adult around the world smokes tobacco. This is due to an upsurge in a sedentary lifestyle, increasing peer pressure, parental influence, media influence, genetic factors, and stress. Mostly, men tend to consume various tobacco products including cigarettes, cigars, and bidi among others at higher rates. The frequent consumption of cigarettes among men is increasing the demand for pocket lighters to light cigarettes. These are the factors associated with the surging demand for pocket lighters across the region and are anticipated to grow during the forthcoming period.
7.3 WOMEN
The women segment accounted for USD 127.99 million in 2021 in the Germany pocket lighter market. This is mainly due to the increasing number of women smokers across the region. Women smoke as a symbol of freedom, and they smoke to take a break and relax their minds. A few of the women smoke to fight the feeling of helplessness or to deal with frustration and anger. Moreover, the manufacturers operating in the Germany pocket lighter market have introduced several pocket lighters with innovative designs that are fueling segmental growth and are projected to grow over the upcoming years.
8 GERMANY POCKET LIGHTER MARKET, BY RAW MATERIAL
8.1 OVERVIEW
Based on the category, the Germany pocket lighter market has been bifurcated into naphtha, and butane. The Butane segment accounted for the largest market share of 73.2% in 2021 and is likely to register the highest CAGR of 7.3% during the projected period. The Naphtha segment will likely register the CAGR of 5.4% during the projected period.
FIGURE 21 GERMANY POCKET LIGHTER MARKET, BY RAW MATERIAL, 2021 (% SHARE)
Source: Industry Experts, Secondary Research, and MRFR Analysis
FIGURE 22 GERMANY POCKET LIGHTER MARKET, BY RAW MATERIAL, 2020–2030 (USD MILLION)
Source: Industry Experts, Secondary Research, and MRFR Analysis
8.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY RAW MATERIAL, 2020–2030
TABLE 5 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY RAW MATERIAL, 2020–2030 (USD MILLION)
Category 2020 2021 2022 2030 CAGR (2022-2030)
Naphtha 79.30 83.56 87.88 133.62 5.4%
Butane 212.66 228.47 245.13 430.04 7.3%
Total 291.95 312.03 333.01 563.67 6.8%
Source: Industry Experts, Secondary Research, and MRFR Analysis
8.2 NAPHTHA
Naphtha is a very highly flammable liquid and has diversified applications in various industries owing to its nature. Naphtha is a mixture of hydrocarbons and is quite volatile. Naphtha is being used as a solvent in several industries as fuel. Naphtha is one very dangerous solution that is composed of hydrocarbons. Naphtha is one the ancient chemicals discovered before the 1st century AD. There are three major types of naphtha that are petroleum, shale years, and coal tar. Each of the types is created under variable conditions and works for differential purposes owing to its chemical properties. Apart from that, Enerade ED-6202, high-flash aromatic naphtha, light aromatic solvent naphtha, and petroleum naphtha are a few of the common names that are majorly used for naphtha. Naphtha is being used in three major ways, such as industrial, fuels, and solvent. In industrial applications, naphtha is used as raw material to produce plastics such as polypropylene, and polyethene. As a fuel, naphtha is composed of a higher number of chemical energies and generates 3.14 megajoules of energy per liter of combustion. Furthermore, naphtha is being used as fuel to power stoves, lanterns, heating units, blowtorches, along with cigarette lighters. As a solvent, naphtha is used in the production of various cleaning agents. Owing to the low point of evaporation is also being applied as paint diluters, varnish, and asphalt, along with the applications in the dry cleaning.
8.3 BUTANE
Unlike naphtha, butane is also one of the highly flammable hydrocarbons that are odorless, and colorless in nature, additionally, it easily gets liquified. It is mainly used as fuel for portable stoves, lighters for cigars, cigarette lighter refills, and cigarette lighters. Moreover, it also works as a fuel for heating, refrigerants, the propellant in aerosols, and also for the production of a diversified range of products. Furthermore, butane is also used in the production of LPG (Liquefied Petroleum Gas). Since 1987 chlorofluorocarbons (CFCs) have been replaced by hydrocarbons which are also being used in the production of several aerosols. Butane is a type of the most commonly used propellant in the production of industrial and household aerosols. The surging application of butane in various applications is driving growth.
9 GERMANY POCKET LIGHTER MARKET, BY PACKAGING
9.1 OVERVIEW
Based on the packaging, the Germany pocket lighter market has been bifurcated into plastic, and metal. The plastic segment accounted for the largest market share of 62.1% in 2021 and is likely to register the CAGR of 6.1% during the projected period. The metal segment will likely register the CAGR of 7.8% during the projected period.
FIGURE 23 GERMANY POCKET LIGHTER MARKET, BY PACKAGING, 2021 (% SHARE)
Source: Industry Experts, Secondary Research, and MRFR Analysis
FIGURE 24 GERMANY POCKET LIGHTER MARKET, BY PACKAGING, 2020–2030 (USD MILLION)
Source: Industry Experts, Secondary Research, and MRFR Analysis
9.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY PACKAGING, 2020–2030
TABLE 6 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY PACKAGING, 2020–2030 (USD MILLION)
Packaging 2020 2021 2022 2030 CAGR (2022-2030)
Plastic 183.36 193.83 204.52 328.74 6.1%
Metal 108.59 118.20 128.50 234.92 7.8%
Total 291.95 312.03 333.01 563.67 6.8%
Source: Industry Experts, Secondary Research, and MRFR Analysis
9.2 PLASTIC
The major reasons behind the surging demand for plastic pocket lighters include light in weight, less expensive in price, long durability, higher efficiency, reusability, and efficacy. These are factors associated with the plastic pocket lighters market that is fueling its growth and is likely to observe a noticeable growth. Plastics fall under the category of non-biodegradable waste material and cause a negative impact on the environment. The governments of various nations have undertaken various major steps towards the reduction of plastic-based products along with supporting the application of recyclable materials for packaging purposes. The key manufacturers operating in the plastic-based pocket lighters are focusing on the application of recyclable plastics to maintain the footprint of a sustainable environment.
9.3 METAL
The major raw material that is being used for the production of lighters is metals. Cartridge Brass is used to make the external case of the lighter, and stainless steel is used by the manufacturers to make the internal case. Apart from brass and stainless-steel manufacturers also use different other metals depending on the price and the part of the lighters. Moreover, several smaller parts of the lighters are made of steel and brass, based on the location of the part and purpose. Apart from that, other metals such as chromium, silver, nickel, and gold among others are used for the plating of the cases according to the request and demand from the consumers.
10 GERMANY POCKET LIGHTER MARKET, BY PRICE RANGE
10.1 OVERVIEW
Based on the price range, the Germany pocket lighter market has been bifurcated into economical and premium. The Economical segment accounted for the largest market share of 82.2% in 2021 and is likely to register the highest CAGR of 6.6% during the projected period. The premium segment will likely register the CAGR of 7.6% during the projected period.
FIGURE 25 GERMANY POCKET LIGHTER MARKET, BY PRICE RANGE, 2021 (% SHARE)
Source: Industry Experts, Secondary Research, and MRFR Analysis
FIGURE 26 GERMANY POCKET LIGHTER MARKET, BY PRICE RANGE, 2020–2030 (USD MILLION)
Source: Industry Experts, Secondary Research, and MRFR Analysis
10.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY PRICE RANGE, 2020–2030
TABLE 7 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY PRICE RANGE, 2020–2030 (USD MILLION)
Price Range 2020 2021 2022 2030 CAGR (2022-2030)
Premium 51.48 55.57 59.92 107.85 7.6%
Economical 240.47 256.46 273.09 455.81 6.6%
Total 291.95 312.03 333.01 563.67 6.8%
Source: Industry Experts, Secondary Research, and MRFR Analysis
10.2 ECONOMICAL
Economic price range is generally considered a volume-based strategy for pricing wherein the prices of goods are low and gain more revenue, on the basis of the number of buyers who purchase the products. The economical pocket lighter segment has emerged as the frontrunner (may change) in the Germany pocket lighter market this is due to surging demand for less expensive and budget-friendly lighters among consumers who earn less wages. In addition, the economical pocket lighter is made up of less expensive raw materials that also fulfill the requirements of the consumers with less budget.
10.3 PREMIUM
The premium price range is considered as the products with higher prices. Premium pricing is one of the business strategies used by manufacturers to offer products with higher beneficial values and consumer perception. The products that fall under the premium price range are considered products with high quality as compared to the other available products. The premium pricing strategy works effectively with a well-established product brand and also enhances the perception of the consumers. This is mainly due to the surging demand for luxurious products among the population with higher income demography. The segment is likely to grow with a CAGR of 7.6% and is projected to reach USD 107.85 million during the forthcoming years.
11 GERMANY POCKET LIGHTER MARKET, BY DISTRIBUTION CHANNEL
11.1 OVERVIEW
Based on the distribution channel, the Germany pocket lighter market has been bifurcated into supermarkets & hypermarkets, convenience store, specialty stores, and online. The Supermarket & Hypermarkets segment accounted for the largest market share of 31.8% in 2021 and is likely to register the highest CAGR of 7.8% during the projected period. The online segment will likely register the CAGR of 6.1% during the projected period.
FIGURE 27 GERMANY POCKET LIGHTER MARKET, BY DISTRIBUTION CHANNEL, 2021 (% SHARE)
Source: Industry Experts, Secondary Research, and MRFR Analysis
FIGURE 28 GERMANY POCKET LIGHTER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION)
Source: Industry Experts, Secondary Research, and MRFR Analysis
11.1.1 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030
TABLE 8 GERMANY POCKET LIGHTER MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 (USD MILLION)
Distribution Channel 2020 2021 2022 2030 CAGR (2022-2030)
Supermarkets & Hypermarkets 92.86 99.16 106.04 194.06 7.8%
Convenience Store 84.18 89.86 95.66 162.37 6.8%
Specialty Stores 66.74 71.45 76.39 120.26 5.8%
Online 32.80 35.26 37.76 60.82 6.1%
Total 15.38 16.29 17.16 26.17 5.4%
Source: Industry Experts, Secondary Research, and MRFR Analysis
11.2 SUPERMARKETS & HYPERMARKETS
Among the distribution channel, supermarkets & hypermarkets accounted for the 31.8% share in the Germany pocket lighter market in 2021. A supermarket/hypermarket is a type of retail store that offers various products under one roof with various discount offers. This segment includes stores, shops, and other outlets that provide several categories of products where customers can directly buy pocket lighters. Before making a purchase, consumers like to check the quality of product, but hypermarket/supermarket doesn’t provide many varieties, as compared to specialty stores.
11.3 CONVENIENCE STORE
A convenience store is a type of retail establishment that prioritizes the comfort of its patrons. As a result, these businesses are situated in handy areas where customers can easily buy a variety of goods, including pocket lighters. Moreover, the presence of a large number of convenience stores across Germany, coupled with the frequent visit of consumers there is likely to contribute to its overall segment growth. In 2021, the convenience store accounted for 28.8% share in the Germany pocket lighter market and is likely to observe a noticeable growth during the forthcoming period.
11.4 SPECIALTY STORES
Specialty stores are businesses that majorly focus on the sale of a specific product. The specialty store segment held a share of 22.9% in 2021 and is anticipated to grow with a CAGR of 5.8% till the forecast period. An intensive range of pocket lighters, and similar products made available in specialty stores, that is further boosting the growth of the market. Customers mostly value the personalized recommendations at the shop as the key factor for assisting to make a reasonable choice. Ease of access buying and convenience of shopping has further increased the overall sales of the Germany pocket lighter market.
11.5 ONLINE
Online retail accounted for the 11.3% share in the Germany pocket lighter market, this is due to the surge on the internet and e-Commerce in the nation. Online retail is defined as the sales of goods and services via the internet or e-Commerce platforms. E-commerce sales include both online purchases of goods that are done via the websites of brick-and-mortar firms and also via the websites of those firms that only operate their business by online distribution of products & services. Key players operating in the Germany pocket lighter market are focusing on the launch of online retailing to grab more foothold in the market.
11.6 OTHERS
Based on the distribution channels of the Germany pocket lighters market, The other segments accounted for 5.2% share in 2021 and are projected to grow with a CAGR of 5.4% till 2030. For the study of this segment, mass merchandisers, local stores, and small retailers are considered sub-segments. A mass merchandiser is a retail store or a retailer that seeks to sell a comparatively large amount of product in a very short interval of time by offering discounts, and customer self-service. Small retailers stock the item for daily essentials including pocket lighters. The products offered by such stores quickly get sold because these stores are mostly located nearby the locality or inside the campus of society, which saves time when it is very important to buy any product.
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
The Germany pocket lighter market is projected to witness significant growth during the forecast period, exhibiting a CAGR of 6.8%. One of the primary drivers of this market is the new technology & innovation of pocket lighters to attract more consumers. Another driver of the market is the rising number of smoking populations coupled with the Increasing disposable income to enlarge the market growth. However, the increased raw material costs and hiked fuel prices used in the pocket lighters, act as a restraint on the growth of the pocket lighter market. Despite this restraint, there is an opportunity for the increased trend of gifting & using fashionable lighters to enhance product growth for the Pocket Lighter market. However, the market faces challenges due to safety concerns of using pocket lighter hinder growth. The use of pocket lighters is regulated by various government bodies worldwide, which have set limits on their consumption. The Germany pocket lighter market is highly competitive, with key industry players adopting various strategies such as expansions, acquisitions, and product launches to strengthen their market positions. Most companies in the market focus on expanding operations across regions, augmenting their capabilities, and building strong partnerships. The growth of market players is dependent on market conditions, government support, and industry development.
12.1.1 MARKET STRATEGY ANALYSIS
The key players operating in the Germany pocket lighter market include BIC SA (France), S.T. Dupont (France), XINHAI Group (China), Zippo GmbH (US), imCorona (Japan), TOKAI (US), LighterBro LLC (China), Germanus (Germany), and BOOMEX GmbH (Germany). The market comprises tier-1 players along with some local players with diverse product portfolios. Companies such as BIC SA (France), S.T. Dupont (France), XINHAI Group (China), Zippo GmbH (US), imCorona (Japan), and TOKAI (US) dominate the market due to brand reputation, product differentiation, financial stability, and strong distribution network. To increase their market position and attract a wide customer base, the businesses are focusing on minimizing their environmental impact and investing in research & development, as well as strategic expansion efforts such as acquisitions and product launches.
12.2 COMPETITIVE BENCHMARKING
Source: Annual Reports, Press Releases, Associations, Government Records, Journals, Expert Interviews, Secondary Research, and MRFR Analysis
12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
12.3.1 PRODUCT LAUNCH
TABLE 9 PRODUCT LAUNCH
Date Company Name Development
July 2021 BIC BIC launched new customized EZ reach lighters with Snoop Dogg and Martha Stewart as brand ambassadors. This will help the company to increase its product portfolio in its product line to offer the customer.
October 2020 IMCORONA IMCORONA has launched new products 64-3106, 64-3108, and 64-3109. This will help the company to increase its product portfolio in its product line to offer the customer.
August 2020 IMCORONA IMCORONA launched 3 models of 86 Flambeau which were only available in Japan. Now it will be available outside Japan in Germany, France, Spain, Greece, Italy, Austria, the UK, Switzerland, Romania, Ukraine, Denmark, Sweden, the USA, China, Hong Kong, Singapore, and many others around the world.
Source: Annual Reports, Press Releases, Associations, Government Records, Journals, Expert Interviews, Secondary Research, and MRFR Analysis
13 COMPANY PROFILES
13.1 BIC SA
13.1.1 COMPANY OVERVIEW
Company Headquarters: Clichy, France
Founded: 1944
Workforce: ~13,235
Company Working: BIC SA produces and distributes a variety of goods, including lighters, shavers, and stationery, all over the world. It provides graphite, coloring, mechanical, and other pencils; reusable notebooks; digital slates; smart pens; art and craft kits; permanent and temporary tattoo markers; ball and coloring felt pens; gel ink pens; markers; sticky notes; leads; whiteboards; and correction tapes. Additionally, the business sells pocket, decorative, and utility lighters as well as refillable razors and shavers. Additionally, it offers batteries, shaving supplies, advertising, and promotional items. The business also engages in the supply of delivery services, the fabrication of industrial equipment, the production, and distribution of consumer goods and IT solutions, as well as real estate and insurance-related ventures. Through a variety of channels, including retail mass-market distributors, traditional stores, office product stationers, and an e-commerce website, it primarily sells its products under the brands BIC, BIC Kids, Cello, RocketBook, Tipp-Ex, BIC Wite-Out, Tattly, BIC US, Made For You, BIC Flex5, DJEEP, InkBox, BIC Bamboo, BIC Intensitiv, and BodyMark. The company has 13 Factories of stationary, 6 factories of lighters, and 4 factories of shavers across the world. BIC SA company operates on all continents with more than 160 countries across the globe. BIC SA has a major presence in European countries and has a strong distribution channel overseas.
13.1.2 FINANCIAL OVERVIEW
FIGURE 29 BIC SA: FINANCIAL OVERVIEW SNAPSHOT
Note 1 EUR = 1.11 USD
Source: Annual Report, Press Releases, and MRFR Analysis
13.1.3 PRODUCTS OFFERED
TABLE 10 C: PRODUCTS OFFERED
Category Product
BIC LIGHTERS • BIC MAXI
• BIC MINI
• BIC SLIM
• BIC ELECTRONIC
BIC MOTIVE LIGHTERS • BIC MOTIVE LIGHTERS
BIC MEGALIGHTER • DEFAULT
• FLEX
BIC EZ REACH • BIC EZ REACH
BIC ECOLUTIONS POCKET LIGHTERS • BIC Maxi
Source: Company Website
13.1.4 KEY DEVELOPMENTS
TABLE 11 BIC SA: KEY DEVELOPMENTS
Date Approach Developments
July 2021 Launch BIC launched new customized EZ reach lighters with Snoop Dogg and Martha Stewart as brand ambassadors. This will help the company to increase its product portfolio in its product line to offer the customer.
Source: Annual Report and Press Releases
13.1.5 SWOT ANALYSIS
FIGURE 30 BIC SA: SWOT ANALYSIS
Source: Annual Reports, Press Releases, and MRFR Analysis
13.1.6 KEY STRATEGIES
The business strategy of BIC SA is to achieve strong performance throughout the region, including in Western Europe (France, Belgium, Italy) and their invest-to-grow nations (Poland, Germany, and Turkey), supported by the revival of traditional channels, the implementation of price increases, and effective promotional initiatives. Their premium items, including decorated utility lighters and Djeep lighters, effectively contributed to growth in accordance with the plan to transition to a more value-driven business model. The revolutionary EZ Reach lighter from BIC SA is presently being gradually introduced throughout Europe. The company has set greenhouse gas (GHG) emission reduction goals for 2030 in accordance with the Paris Agreement's objective standards. They aspire to use 100% renewable energy by 2025, currently using 76% renewable electricity. Likewise, BIC SA uses 70% reusable, recyclable, or compostable plastics in the packaging of its goods and aims to use only 100% of these materials by 2025. BIC SA is committed to innovation and has invested heavily in research and development. The company has a dedicated R&D center in France, where it develops new products and improves existing ones.
13.2 S.T. DUPONT
13.2.1 COMPANY OVERVIEW
Company Headquarters: Paris, France
Founded: 1872
Workforce: ~200-500
Company Working: S.T. Dupont is a French luxury goods company that specializes in producing high-end writing instruments, lighters, leather goods, and other accessories. The company has become one of the renowned names in the world of luxury goods. S.T. Dupont's products are known for their exceptional quality and exquisite design. The company's writing instruments, for example, are crafted from the finest materials, including gold, silver, and precious stones, and they are often embellished with intricate engravings and designs. In addition to its writing instruments, S.T. Dupont is also known for its exceptional lighters. The company's lighter collection includes a range of styles, from classic designs to contemporary pieces that incorporate the latest technology. S.T. Dupont's leather goods are also highly sought after by luxury consumers. The company's leather accessories, including wallets, purses, and briefcases, are crafted from the finest hides and are often adorned with the company's signature diamond pattern. S.T. Dupont company operates on 5 continents across the globe. S.T. Dupont has a major presence in European countries and has a strong distribution channel overseas. It is a fully owned subsidiary of Dickson Concepts, a Hong Kong-based manufacturer of premium products.
13.2.2 FINANCIAL OVERVIEW
FIGURE 31 S.T. DUPONT: FINANCIAL OVERVIEW SNAPSHOT
Note 1 EUR = 1.11 USD
Source: Annual Report, Press Releases, and MRFR Analysis
13.2.3 PRODUCTS OFFERED
TABLE 12 S.T. DUPONT: PRODUCTS OFFERED
Category Product
SPRING • LIGNE 2 TURQUOISE LACQUER GUILLOCHE LIGHTER
• LIGNE 2 ELECTRIC BLUE LACQUER GUILLOCHE LIGHTER
• SLIM 7 VANILLA LIGHTER
• SLIM 7 BRUSHED CHROME FINISH LIGHTER
LUXURY LIGHTERS • LIGNE 2 SMALL MICRODIAMOND HEAD YELLOW GOLD LIGHTER
• LE NEW GRAND DUPONT PALLADIUM DIAMOND HEAD LIGHTER
• LIGNE 2 HAVANA LIGHTER
• LIGNE 2 DARK STORM CARBON LIGHTER
• CASINO POCKET COMPLICATION LIGHTER
• SOLID 18-CARAT HAUTE CRÉATION LIGNE 2 WHITE GOLD LIGHTER
• NATURAL LACQUER LIGNE 2 LIGHTER WITH YELLOW GOLD FINISH
• MINIJET MATT BLACK LIGHTER
• MEGAJET MATT BLACK AND RED LIGHTER
• DÉFI EXTRÊME VINTAGE BRUSHED COPPER LIGHTER
• MATT BLACK MINIJET LIGHTER
• HOOKED TATTO-O LIGHTER
• LIGHTER HOOKED CHOC-O
• S.T. DUPONT LOVES PARIS SMOKER’S SET
Source: Company Website
13.2.4 KEY DEVELOPMENTS
There have been no recent developments by the company in the Germany pocket lighter market.
13.2.5 SWOT ANALYSIS
FIGURE 32 S.T. DUPONT: SWOT ANALYSIS
Source: Annual Reports, Press Releases, and MRFR Analysis
13.2.6 KEY STRATEGIES
S.T. Dupont's company strategy is to maintain its position as a leading provider of luxury goods by focusing on quality, innovation, and design. The company aims to provide its customers with exceptional products that are both beautiful and functional, and that reflects the company's commitment to excellence. To achieve this goal, S.T. Dupont invests heavily in research and development, continually seeking new materials, technologies, and design techniques that can enhance the quality and performance of its products. The company also places a strong emphasis on craftsmanship, with many of its products being handcrafted by skilled artisans. S.T. Dupont also strives to maintain close relationships with its customers, engaging with them through social media, email marketing, and other channels. This allows the company to gather feedback and insights that can be used to inform its product development and marketing strategies. S.T. Dupont has also pursued strategic partnerships and collaborations with other luxury brands and designers. S.T. Dupont has collaborated with a number of high-end brands and designers, including Jean Dinh Van, Karl Lagerfeld, and Disney. These collaborations have resulted in limited edition collections that are highly prized by collectors and enthusiasts. These collaborations have helped to expand the company's reach and appeal, while also providing new opportunities for innovation and creativity.
13.3 XINHAI GROUP
13.3.1 COMPANY OVERVIEW
Company Headquarters: Ningbo, China
Founded: 1993
Workforce: ~ >4,000
Company Working: XINHAI Group is a Chinese-based conglomerate that has businesses in various industries, including lighter/ignition guns, medical instruments, and precision plastic molds and products. Xinhai Technology Group Co., Ltd. is a company focused on scientific and technical innovation that primarily creates and markets a variety of precision plastic goods and medical equipment. In recent years, Xinhai has entered the market for medical devices. With the goal of dominating the medical device section of the market, it has developed 3 R&D facilities in Ningbo, Shenzhen, and Nanjing and 2 fully owned medical device subsidiaries through independent innovation and mergers and acquisitions. Xinhai is a well-known Chinese company in the lighter industry. It has an internationally renowned corporate technology center, succeeded in the EU anti-dumping case, and overcame the technical hurdle of the EU CR. It is the first of two necessary national standards for lighters and ignition devices. The items are exported to over 80 countries and regions. Xinhai Group has over 9 subsidiaries and 4 production bases worldwide, including in Europe, Asia, Japan, America, and the Middle East.
13.3.2 FINANCIAL OVERVIEW
This is a privately held company; hence the financial information is not available in the public domain.
13.3.3 PRODUCTS OFFERED
TABLE 13 XINHAI GROUP.: PRODUCTS OFFERED
Category Product
Electronic machine series • XHD-102
• XHD-117
• XHD - 610
• XHD - 59
• XHD - 639
• XHD - 8309
• XHD - 8028
• XHD - 62
• XHD - 8005
• XHD - 88
• XHD - 8500
• XHD-006
• XHD - 8522
• XHD - 8611
• XHD - 8206
Function machine series • XHD - 8688 Turbo
• XHD - 207 Turbo
• XHD - 58 Turbo
• XHD - 61 With Toys
Constant flow valve series • XHD - 8020
• XHD - 8013
Grinder series • XHF - 1
• XHF - 27
Point gun series • XHG - 460
• XHG - 8809
• XHG - 895
• XHG - 8821
• XHG - 8819
• XHG - 8952
• XHG - 580
• XHG - 8630
• XHG - 8520
• XHG - 8812
• XHG - 8807
• XHG - 896
• XHG - 8842
• XHG - 8926
• XHG - 8817
• XHG - 590
• XHG - 372
• XHG - 8803
• XHG - 360
• XHG - 8916
• XHG - 8911
• XHG - 8829
Source: Company Website
13.3.4 KEY DEVELOPMENTS
There have been no recent developments by the company in the Germany pocket lighter market.
13.3.5 SWOT ANALYSIS
FIGURE 33 XINHAI GROUP: SWOT ANALYSIS
Source: Annual Report, Press Releases, and MRFR Analysis
13.3.6 KEY STRATEGIES
Xinhai Group's strategy would be to focus on innovation, customer satisfaction, and cost-effectiveness. To stay competitive, the company would need to adapt to changing market conditions and customer needs. One approach would be to invest in research and development to develop new, innovative products that are cost-effective and efficient. The company could also explore partnerships and collaborations with other companies to share resources and knowledge to develop new solutions. Another strategy would be to focus on providing excellent customer service to maintain customer loyalty and satisfaction. This could involve offering customized solutions tailored to each customer's specific needs, providing technical support, and fast response times to customer inquiries. To reduce costs, Xinhai Group could explore new supply chain management strategies, such as sourcing materials from lower-cost suppliers, optimizing logistics and transportation, and streamlining internal processes.
13.4 ZIPPO GMBH
13.4.1 COMPANY OVERVIEW
Company Headquarters: Pennsylvania, US
Founded: 1932
Workforce: ~ 560
Company Working: Zippo GmbH is an American company that produces high-quality lighters and other smoking accessories. Zippo is best known for its windproof lighter, which has become an iconic product and has been featured in many movies and TV shows. The lighter is made of brass and is refillable, with a distinctive design that allows it to work even in windy conditions. More than 600 million windproof lighters have been made by Zippo, one of the most recognizable brands in the world, and each is backed by an unmatched lifetime warranty. In addition to lighters, Zippo also produces a wide range of outdoor products, including camping gear, fire starters, and hand warmers. The company has expanded into other areas as well, with products such as fragrances, watches, and writing instruments. The company has manufacturing facilities in the United States, Canada, and Europe. Zippo products are sold in over 160 countries worldwide and are available in a variety of retail outlets, including convenience stores, department stores, and online retailers. In addition to Zippo U.K., Zippo Germany, Zippo SA, and Zippo Classic China, Zippo also owns the W.R. Case and Sons Cutlery Company and the Ronson U.S.A. trademark. More than 160 countries get a distribution of Zippo goods.
13.4.2 FINANCIAL OVERVIEW
This is a privately held company; hence the financial information is not available in the public domain.
13.4.3 PRODUCTS OFFERED
TABLE 14 ZIPPO GMBH : PRODUCTS OFFERED
Category Product
Nature • Woodchuck Multi Color
• Woodchuck Lighter & Bottle Opener Combo
• Woodchuck Walnut
• Woodchuck Mahogany
• Woodchuck Clover
• Skull Octopus Design
• Compass Skull Design
• Pot Leaf Design
• Lion design
• Flying Eagle Design
• Mountain Design
• Timberwolves
• Black Ice Compass
• Tree of Life Emblem
• Cannabis Design
• Eastern Design
• The Tree of Life
• Texture Print Wolf only
• Good Luck Clover
• Pure Rose
• Lotus Flower Design
• Cannabis Pattern Design
• Floral Weed Design
• Wolf and Moon Design
• High Polish Green Zippo Logo
• Abstract Weed Design
• Botanical Design
• High Polish Green
• Zippo Flame Leaf
• Cannabis Design
• Wolf in Snowy Forest Design
• Hemp Leaf Emblem
• Outdoor design
• Matte Clover
• Moonlight Crow
• Tom Clancy's Ghost Recon
• Wanderlust Design
• This Stunning Four Leaf Clover
• Marijuana Leaf on the Side
• Sunflower Skulls Design
• Colorful Wood Design
• Leaf Design Engraved
• Rastafarian Leaf
• Weed Stoned
Replica • Vintage Street Chrome
• 1941 Replica Black Ice
• 1941 Replica Black Crackle
• Vintage Chrome Brushed w Slashes
• 1941B Replica Brush Brass
• 1935 Replica where Slashes
• Black Ice 1941 ZIPPO LOGO
• 1941 Replica Brush Chrome
• Brushed Chrome Vintage
• Vintage Chrome High Polished
• Vintage Brass Brushed
• 1935 Replica w Slashes
• Vintage Brass High Polished
• Vintage Floral Design
• 1941 Replica Silver Polished
• Retro Zippo Design
• 1941 Replica Hand Satin Silver
• Sterling Silver Vintage with Slashes
• Stars
• Harley-Davidson
Inserts • Butane Single Flame One Box
• Yellow Flame Butane Insert
• Arc Insert One Box
• Butane Double Flame One Box
Source: Annual Report, Press Releases, and MRFR Analysis
13.4.4 KEY DEVELOPMENTS
There have been no recent developments by the company in the Germany pocket lighter market.
13.4.5 SWOT ANALYSIS
FIGURE 34 ZIPPO GMBH: SWOT ANALYSIS
Source: Annual Report, Press Releases, and MRFR Analysis
13.4.6 KEY STRATEGIES
Zippo's strategy is to continually innovate and expand its product line beyond its signature lighters. The company has introduced electronic lighters, rechargeable lighters, and other smoking accessories, as well as outdoor gear such as hand warmers and camping stoves. By developing new products, Zippo can attract new customers and stay ahead of competitors in the smoking accessories industry. Zippo also maintains and enhances its brand recognition, which is a significant part of its competitive advantage. Zippo lighters have become iconic symbols of American culture and have been featured in more than 2000 movies and TV shows. The company leverages this brand recognition to promote its products and expand its customer base. By offering customization, Zippo can differentiate itself from competitors and provide unique value to its customers. Zippo's strategy is to provide exceptional customer service and support. The company offers a lifetime guarantee on all its lighters, which demonstrates its commitment to quality and reliability. Zippo also offers customer support through its website and social media channels, providing a convenient and accessible way for customers to get assistance.
13.5 IMCORONA
13.5.1 COMPANY OVERVIEW
Company Headquarters: Tokyo, Japan
Founded: 1933
Workforce: ~NA
Company Working: imCorona is a Japanese company that specializes in the production of high-quality lighters. The company is known for its precision craftsmanship and attention to detail. Their lighters are renowned for their reliability and durability, making them a popular choice among smokers and collectors alike. imCorona offers a wide range of styles to suit every taste, from classic and elegant to modern and colorful. They produce several collections, including the Old Boy Collection, which features a classic design with a unique angled flame; the Laurel Collection, which is inspired by the natural beauty of Japan; and the Piper Collection, which offers a modern and colorful design. In addition to their lighters, imCorona also produces a range of accessories to complement their products. These accessories include replacement flints. imCorona is a well-respected company in the lighter industry, and their products are sold in many countries around the world.
13.5.2 FINANCIAL OVERVIEW
This is a privately held company; hence the financial information is not available in the public domain.
13.5.3 PRODUCTS OFFERED
TABLE 15 IMCORONA: PRODUCTS OFFERED
Category Products
64 Old Boy • 64-7525
• 64-7717
• 64-8306
• 64-5002
• 64-9661
• 64-3109
• 64-3115
• 64-3306
• 64-3700
• 64-3211
• 64-3106
• 64-3107
• 64-3108
• 64-7415
• 64-9111
• 64-9111C
• 64-8115
• 64-8211
• 64-9211
• 64-9211C
• 64-9211G
• 64-9525
• 64-2217
• 64-2415
• 64-2525
• 64-5415
• 64-9535
• 64-5211
• 64-5110
• 64-5003
• 64-5009
• 64-5010
• 64-5011
• 64-5012
• 64-6415
33 Pipe Master • 33-5201
• 33-5202
• 33-2525
• 33-3114
• 33-3202
• 33-3201
• 33-3206
• 33-3207
• 33-3210
• 33-3603
• 33-9111
• 33-7415
• 33-7525
• 33-9535
66 Laurel • 66-3666
• 66-9522
• 66-3211
• 66-3677
86 Flambeau • 86-3350
• 86-3115
• 86-3415
• 86-3312
• 86-3522
• 86-9113
• 86-9216
• 86-9217
• 86-7317
Other • QT-130
• QT-150
• imcorona_Butane-refill
• imcorona_Flint
Source: Company Website
13.5.4 KEY DEVELOPMENTS
TABLE 16 IMCORONA: KEY DEVELOPMENTS
Date Approach Developments
October 2020 Launch IMCORONA launched new products 64-3106, 64-3108, and 64-3109. This will help the company to increase its product portfolio in its product line to offer the customer.
August 2020 Launch IMCORONA launched 3 models of 86 Flambeau which was only available in Japan. Now it will be available outside Japan in Germany, France, Spain, Greece, Italy, Austria, the UK, Switzerland, Romania, Ukraine, Denmark, Sweden, the USA, China, Hong Kong, Singapore, and many others around the world.
Source: Annual Report and Press Releases
13.5.5 SWOT ANALYSIS
FIGURE 35 IMCORONA: SWOT ANALYSIS
Source: Annual Report, Press Releases, and MRFR Analysis
13.5.6 KEY STRATEGIES
ImCorona strategy is focus on differentiating its products from its competitors. The company should continue to prioritize quality, craftsmanship, and design to appeal to high-end customers who value luxury smoking accessories. ImCorona should continue to focus on distribution through specialty retailers and high-end smoking shops to ensure that its products are reaching its target audience. ImCorona should invest in building a strong brand identity that highlights the quality and craftsmanship of its products. The company can leverage social media and influencer marketing to create brand awareness and reach new customers. By focusing on these key areas, ImCorona can develop a successful company strategy that will help it stand out in a highly competitive market and continue to grow its brand and customer base.
13.6 TOKAI
13.6.1 COMPANY OVERVIEW
Company Headquarters: California, U.S
Founded: 1906
Workforce: ~ 25
Company Working: Tokai is a holding company, that operates several subsidiary companies specializing in the design, manufacturing, and distribution of high-quality lighters and smoking accessories. Tokai products include a range of disposable lighters, refillable lighters, and electronic lighters. The company's products are known for their reliability, safety, and quality, and are sold under its own brand names as well as private label brands for retailers and other companies. In addition to lighters, the company also produces smoking accessories such as ashtrays and cigarette cases. Tokai Holdings International's subsidiaries operate in several countries, including the US, Germany, Japan, and China, providing a global reach for its products and services. The company has a strong presence in the European market through its subsidiary, Tokai Europe GmbH, which specializes in the production and distribution of lighters and smoking accessories in that region.
13.6.2 FINANCIAL OVERVIEW
This is a privately held company; hence the financial information is not available in the public domain.
13.6.3 PRODUCTS OFFERED
TABLE 17 TOKAI: PRODUCTS OFFERED
Category Product
M13LCS Flint Chrome Cap • 16580 / IR
• 16583 / IB
• 16586 / PSI
• 16589 / PO
• 16592 / PS
• 18439 HY
M4LCS Flint Chrome Cap • 18266 / HS
• 18262 / HO
• 18335 / HG
• 18730 / HY
GM17CR Tiny • 18898 / HR
• 18899 / HB
• 18897 / HW
• 18895 / HG
• 18896 / HY
GM3CR • 18715 / HR
• 18717 / HB
• 18714 / HG
• 18718 / HY
Source: Company Website and Press Releases
13.6.4 KEY DEVELOPMENTS
There have been no recent developments by the company in the Germany pocket lighter market.
13.6.5 SWOT ANALYSIS
FIGURE 36 TOKAI: SWOT ANALYSIS
Source: Annual Report, Press Releases, and MRFR Analysis
13.6.6 KEY STRATEGIES
Tokai is committed to innovation, constantly researching and developing new lighter designs and technologies to meet the evolving needs of the market. The company has a team of experienced engineers and designers who work to create new products and improve existing ones. Investing in a robust marketing strategy to promote the company’s products to its target market is crucial. This is achieved through social media marketing, targeted advertising, and influencer marketing. It has placed a strong emphasis on environmentally friendly practices, such as reducing waste and promoting sustainable materials in the production of its products. The company uses recyclable materials and has implemented measures to reduce its carbon footprint.
13.7 LIGHTERBRO LLC
13.7.1 COMPANY OVERVIEW
Company Headquarters: California, US
Founded: 2013
Workforce: ~10-50
Company Working: LighterBro LLC is a company that designs and manufactures multi-functional tools that can be attached to a standard lighter. The LighterBro tool includes a variety of features such as a knife, scissors, screwdriver, and bottle opener, among others. LighterBro products are made from durable materials such as stainless steel and aluminum, and they come with various tools. It is designed to be compact and lightweight, making it a convenient tool for everyday use. The company has a strong online presence, with an easy-to-use website and active social media accounts. The items are exported to regions in more than 130 countries around the globe.
13.7.2 FINANCIAL OVERVIEW
This is a privately held company; hence the financial information is not available in the public domain.
13.7.3 PRODUCTS OFFERED
TABLE 18 LIGHTERBRO LLC.: PRODUCTS OFFERED
Category Products
LIGHTER • BlueSteel LighterBro Gen 3
• Stealth LighterBro Gen 3
• Dope LighterBro Gen 3
• LighterBro Titanium Gold
• LighterBro PRO - (Different Colors Available)
• LighterBro MICRO - (Different Colors Available)
• Purple Rose Flame LighterBro Gen 3
• Skull LighterBro Gen 3
• 420 LighterBro Gen 3
• LighterBro Classic California
• LighterBro Black n' Gold **Limited Edition**
• LighterBro CLASSIC - Icon
• LighterBro Accessory - Clip Clip
• LighterBro Accessory - VIP Lanyard
• Copper LighterBro Gen 3
• Rose LighterBro Gen 3
• 20 Pack Countertop Box
• Green Goddess LighterBro Gen 3
• Smoke LighterBro Gen 3
• LighterBro Accessory - Sticker Set
• 10 Pack Countertop Box - 6 Unique styles
• Zander Limited Edition LighterBro
• Liquid Signature Designs x Jacob Yona - LighterBro
• BlueSteel Wave LighterBro Gen 3
Source: Company Website
13.7.4 KEY DEVELOPMENTS
There have been no recent developments by the company in the Germany pocket lighter market.
13.7.5 KEY STRATEGIES
LighterBro LLC focuses on producing lighters that stand out from the competition, either through unique designs, features, or materials with a lucrative price range. Ensuring that the products are of high quality and meet safety standards is also essential to gain a loyal customer base through their commitment to quality and innovation. The Company focused on building a strong online presence through social media, eCommerce platforms, and other digital channels that can help the company reach potential customers and drive sales. To save costs and boost efficiency, the firm works to simplify its supply chain and improve its manufacturing procedures.
13.8 GERMANUS
13.8.1 COMPANY OVERVIEW
Company Headquarters: Bergisch Gladbach, Germany.
Founded: NA
Workforce: ~5-10
Company Working: Germanus is german-based manufacturing firm that specializes in the production of high-quality cigar accessories. The company has since grown to become one of the leading manufacturers of cigar humidors, cutters, lighters, and other accessories in Europe. Germanus Company's product range includes windproof lighters, cigar lighters, torch lighters, and pipe lighters. The lighters are made from high-quality materials such as stainless steel, brass, and copper, and are designed to be both durable and aesthetically pleasing. The company's products are sold through various channels, including its own online store, as well as through a network of authorized retailers. Germanus Company also offers custom design services for clients looking for bespoke cigar accessories. The Firm has a wide-ranging network that spans Europe.
13.8.2 FINANCIAL OVERVIEW
This is a privately held company; hence the financial information is not available in the public domain.
13.8.3 PRODUCTS OFFERED
TABLE 19 GERMANUS: PRODUCTS OFFERED
Category Product
GERMANUS • GERMANUS Cigarette Lighter Fin
• GERMANUS Jetflame Cigar Lighter
• GERMANUS Pipe Lighter with Pipe Tool
• GERMANUS Lighter with Regular Flame
Source: Company Website
13.8.4 KEY DEVELOPMENTS
There have been no recent developments by the company in the Germany pocket lighter market.
13.8.5 KEY STRATEGIES
Germanus uses only the highest-quality ingredients and adheres to stringent safety and quality standards, which guarantee that its products are safe and effective. The company focuses on delivering excellent customer satisfaction by providing high-quality products, exceptional customer service, and competitive pricing. Germanus works closely with its customers to understand their needs and provide customized solutions that meet their specific requirements. The company also prioritizes sustainable growth by adopting eco-friendly production methods and sourcing its ingredients from sustainable sources.
13.9 BOOMEX GMBH
13.9.1 COMPANY OVERVIEW
Company Headquarters: Essen, Germany.
Founded: 1984
Workforce: ~50-100
Company Working: Boomex GmbH produces fireplace and grill accessories as well as goods for solid fuels and oil stoves and provides services like marketing, packaging, displays, presentation boxes, and advertising campaigns to enable its customers to receive high-quality products for dealing with fire and flames. The company's production facility in Alsfeld is equipped with the most cutting-edge production lines. Their Essen facility's storage space is currently a large 5000 m2. The majority of the company's goods are safe for end users to use and comply to DIN-EN safety requirements. They make use of FSC-certified firelighters created from wood-based fuels. The company's goods are distributed all over the world, with a country representative in Europe and the Middle East.
13.9.2 FINANCIAL OVERVIEW
This is a privately held company; hence the financial information is not available in the public domain.
13.9.3 PRODUCTS OFFERED
TABLE 20 BOOMEX GMBH: PRODUCTS OFFERED
Brands Products
Lighters/Igniters • Stick lighter "Merapi"
• Stick Lighter "Flexible"
• stick lighter
Source: Company Website
13.9.4 KEY DEVELOPMENTS
There have been no recent developments by the company in the Germany pocket lighter market.
13.9.5 KEY STRATEGIES
Boomex GmbH is strategically placed in a highly attractive industry. It is focused on strengthening its business by expanding its production capacities to meet the rising consumer demand in domestic and foreign markets. In addition to its focus on quality, the company is also committed to sustainability and environmental protection responsibility. Moreover, it is focusing on increasing its brand value and presence in foreign markets. The company tries to optimize its production processes and streamline its supply chain to reduce costs and increase efficiency. This will allow the company to offer its products at competitive prices while maintaining high quality.
Research Analyst Experienced business professional with a demonstrated history of working in the cfnb industry. skilled in market research, and market estimation. strong professional with a masters focused in marketing management.
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