Product Code: ETC005424 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Colombia Cigarette Lighter market currently, in 2023, has witnessed an HHI of 4192, Which has increased slightly as compared to the HHI of 3609 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Colombia cigarette lighter market is expected to reach a value of US$ 8.7 million by 2026, registering a CAGR of 5.2% during the forecast period (20202026). Factors such as an increase in the number of smokers and improvements in product design are driving the growth of this market. Moreover, increasing disposable income has encouraged consumers to purchase premium products that offer additional features and improved safety measures. Furthermore, innovative designs with unique colors have attracted more customers towards purchasing lighters for collection purposes or gifting purposes within family members and friends.
In addition, manufacturers are focusing on introducing new technologies into their product lines, which is helping them gain an edge over competitors operating in this industry. For instance, some companies are using fuel-free technology for cigarettes lighters; these products use rechargeable batteries instead of gas cylinders used for traditional lighters thus making them environment friendly and safe to use. This technological advancement is boosting sales across the region as well as creating opportunities for international brands looking to enter this market space with their innovative solutions.
Furthermore, increased marketing activities by major players through various promotional campaigns is also contributing towards maintaining high demand for cigarette lighters among Colombian consumers . Also distributors from different countries provide lucrative deals & offers on direct imports from other countries like China which further helps in reducing cost associated with shipping charges or taxes resulting in lower pricing options available at local stores compared to branded ones being offered directly by manufacturer's outlets Additionally government initiatives undertaken by health ministry related to managing smoking habits among people could lead to reduced demand but strict regulations might help maintain current share down the line.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Cigarette Lighter Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Cigarette Lighter Market Revenues & Volume, 2019 & 2026F |
3.3 Colombia Cigarette Lighter Market - Industry Life Cycle |
3.4 Colombia Cigarette Lighter Market - Porter's Five Forces |
3.5 Colombia Cigarette Lighter Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Colombia Cigarette Lighter Market Revenues & Volume Share, By Material, 2019 & 2026F |
3.7 Colombia Cigarette Lighter Market Revenues & Volume Share, By Distribution Channels, 2019 & 2026F |
4 Colombia Cigarette Lighter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Colombia Cigarette Lighter Market Trends |
6 Colombia Cigarette Lighter Market, By Types |
6.1 Colombia Cigarette Lighter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Cigarette Lighter Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Colombia Cigarette Lighter Market Revenues & Volume, By Flint Cigarette Lighter, 2016 - 2026F |
6.1.4 Colombia Cigarette Lighter Market Revenues & Volume, By Electronic Cigarette Lighter, 2016 - 2026F |
6.1.5 Colombia Cigarette Lighter Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Colombia Cigarette Lighter Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Colombia Cigarette Lighter Market Revenues & Volume, By Plastic, 2016 - 2026F |
6.2.3 Colombia Cigarette Lighter Market Revenues & Volume, By Metal, 2016 - 2026F |
6.3 Colombia Cigarette Lighter Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Colombia Cigarette Lighter Market Revenues & Volume, By Tobacco shops, 2016 - 2026F |
6.3.3 Colombia Cigarette Lighter Market Revenues & Volume, By Supermarkets and Hypermarkets, 2016 - 2026F |
6.3.4 Colombia Cigarette Lighter Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.3.5 Colombia Cigarette Lighter Market Revenues & Volume, By Online Stores, 2016 - 2026F |
6.3.6 Colombia Cigarette Lighter Market Revenues & Volume, By Others, 2016 - 2026F |
7 Colombia Cigarette Lighter Market Import-Export Trade Statistics |
7.1 Colombia Cigarette Lighter Market Export to Major Countries |
7.2 Colombia Cigarette Lighter Market Imports from Major Countries |
8 Colombia Cigarette Lighter Market Key Performance Indicators |
9 Colombia Cigarette Lighter Market - Opportunity Assessment |
9.1 Colombia Cigarette Lighter Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Colombia Cigarette Lighter Market Opportunity Assessment, By Material, 2019 & 2026F |
9.3 Colombia Cigarette Lighter Market Opportunity Assessment, By Distribution Channels, 2019 & 2026F |
10 Colombia Cigarette Lighter Market - Competitive Landscape |
10.1 Colombia Cigarette Lighter Market Revenue Share, By Companies, 2019 |
10.2 Colombia Cigarette Lighter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |