Germany Pocket Lighters Market is predicted to reach USD 563.67 million at a CAGR of 6.80% during the forecast period 2023-2030

Market Research Future (MRFR) has published on the “Global Germany Pocket Lighters Market”.

Market Synopsis

According to the MRFR analysis, the Germany Pocket Lighters market was valued at USD 312.03 million in 2021 and is projected to reach USD 563.67 million by 2030 at a CAGR of 6.80%.

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.

COVID-19 Impact on the Germany Pocket Lighters 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. 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. 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. 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. 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 labour are expected to cripple the growth of the Germany pocket lighter market's growth.

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Competitive Landscape

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. 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) among others.

Segmentation

By Product Type

1. 
   

   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.

   
   


2. 
   

   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.

   
   

By Gender

3. 
   

   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.

   
   


4. 
   

   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.

   
   

By Raw Material

1. 
   

   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.

   
   


2. 
   

   Butane: 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.

   
   

By Packaging

1. 
   

   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.

   
   


2. 
   

   Metal: The major raw material that is being used to produce 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.

   
   

By Price Range

1. 
   

   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.

   
   


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, based on 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.

   
   

By Distribution Channel

1. 
   

   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.

   
   


2. 
   

   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 many 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.

   
   


3. 
   

   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.

   
   


4. 
   

   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 via the websites of those firms that only operate their business by online distribution of products & services.