Disposable Lighter Market - New Business Opportunities for Manufacturers, and Present Scenario By 2023
“Rising cigarette smoking population, particularly in the Asia Pacific region, is propelling market demand for disposable lighter over the past few years. However, increasing efforts by local as well as international authorities and cancer awareness programs are expected to restrain market growth to a certain extent.�
The global disposable lighter market is expected to display higher growth rate over the upcoming years. Rapid surge in the market is credited to the ever-growing cigarette smoking population across the globe and increasing product penetration in the global market. Rise in number of online as well as offline distribution channels across the globe is expected to drive the growth of the market over the forecast period. Globally, disposable lighter market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of disposable lighters. Rising cigarette smoking population, particularly in the Asia Pacific region, is propelling market demand for disposable lighter over the past few years. However, increasing efforts by local as well as international authorities and cancer awareness programs are expected to restrain market growth to a certain extent. Yet, easy availability of disposable lighter due to rising number of distribution channels and product innovation is further fostering market demand over the coming years. Several distribution channels include supermarkets, hypermarkets, convenience stores, specialist retailers, online retailers and directly sales. A disposable lighter is termed as a portable device that is used to ignite combustible materials, such as cigars, gas stoves, fireworks, candles and cigarettes. A disposable lighter typically made up of a metal or plastic container, which is jam-packed with a flammable fluid or pressurized liquid gas. An electric arc or heating element is used for ignition to produce the flame. Availability of range of product and appealing designs is expected to favor market growth. In addition, use of low cost raw materials and development of electronic cigarette lighters is further strengthening market growth over the coming years. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/disposable-lighter-market