| Product Code: ETC13152544 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Tiki Torch Market was valued at USD 0.15 Billion in 2024 and is expected to reach USD 0.2 Billion by 2031, growing at a compound annual growth rate of 5.20% during the forecast period (2025-2031).
The Global Tiki Torch Market is witnessing steady growth driven by increasing consumer interest in outdoor decoration and ambiance. Tiki torches have become popular for creating a tropical and festive atmosphere in outdoor spaces such as gardens, patios, and events. The market is also benefiting from the rising trend of outdoor entertaining and the growing popularity of themed parties. Key market players are focusing on product innovation, incorporating features like eco-friendly materials, longer burn times, and enhanced safety measures to meet consumer demands. Geographically, North America holds a significant share in the market due to the strong consumer spending on outdoor living products, while the Asia Pacific region is expected to witness rapid growth due to the increasing adoption of outdoor decor products. Overall, the Global Tiki Torch Market is poised for further expansion as consumers seek to enhance their outdoor living experiences.
The Global Tiki Torch Market is experiencing a surge in demand due to the increasing popularity of outdoor living spaces and the growing trend of backyard gatherings. Consumers are increasingly looking for decorative and functional outdoor lighting options, which has led to a rise in the sales of tiki torches. Manufacturers are focusing on innovating designs, materials, and fuel efficiency to meet the evolving consumer preferences. Furthermore, the rising awareness of the benefits of mosquito-repelling torch fuels is also driving market growth. Opportunities in the market include expanding product offerings to cater to different consumer segments, such as sustainable and eco-friendly tiki torch options, as well as leveraging e-commerce platforms for wider market reach. Overall, the Global Tiki Torch Market is poised for steady growth with the potential for further expansion into new regions.
The Global Tiki Torch Market faces several challenges, including increasing competition from alternative outdoor lighting solutions such as LED lights and solar-powered lamps. Environmental concerns regarding the use of fuel-based tiki torches have also led to a shift towards more sustainable and eco-friendly options. Additionally, fluctuating raw material prices and supply chain disruptions can impact the manufacturing and distribution of tiki torches. Market saturation in some regions may hinder growth opportunities for tiki torch manufacturers, requiring them to innovate and differentiate their products to stay competitive. Meeting changing consumer preferences and addressing safety issues related to tiki torch usage are additional challenges that the market must navigate to maintain relevance and drive growth.
The Global Tiki Torch Market is primarily driven by the increasing demand for outdoor decor and lighting solutions, particularly for social gatherings and events. Consumers are increasingly looking for aesthetically pleasing and functional products to enhance their outdoor spaces, leading to a surge in the popularity of tiki torches. Additionally, the growing trend of outdoor living spaces and the rising popularity of backyard leisure activities are further fueling the market growth. Furthermore, the availability of a wide range of tiki torch designs, materials, and fuel options is attracting consumers looking for customizable and eco-friendly outdoor lighting solutions. Overall, the market is driven by the combination of functionality, aesthetics, and the overall trend towards outdoor leisure and entertainment.
Government policies related to the Global Tiki Torch Market vary across countries and regions. Some governments have implemented regulations on the materials used in tiki torch production to ensure they are environmentally friendly and safe for consumers. Additionally, there may be guidelines on labeling requirements and safety standards to prevent accidents and ensure product quality. Some countries also have trade policies that impact the import and export of tiki torches, influencing market dynamics. Government subsidies or incentives for renewable energy sources might also indirectly affect the demand for tiki torches as an outdoor lighting option. Overall, government policies play a crucial role in shaping the regulatory environment and market conditions for the Global Tiki Torch Market.
The Global Tiki Torch Market is expected to witness steady growth in the upcoming years, driven by the rising popularity of outdoor entertaining and the increasing demand for decorative lighting solutions. The market is projected to benefit from the growing trend of creating cozy and inviting outdoor spaces, coupled with the expanding consumer interest in backyard leisure activities. Manufacturers are likely to focus on innovation, introducing tiki torches with advanced features such as solar-powered options and eco-friendly materials to cater to the environmentally conscious consumer base. Additionally, the market is anticipated to see a surge in demand for tiki torches in commercial settings such as restaurants, hotels, and event venues. Overall, the Global Tiki Torch Market is poised for growth, fueled by changing consumer preferences and lifestyle trends.
In the Global Tiki Torch Market, Asia is expected to witness significant growth due to the increasing popularity of outdoor entertaining and dining culture in countries like China and India. North America is a mature market for tiki torches, with a focus on innovative designs and eco-friendly materials. Europe is also a key region, with a growing trend towards sustainable and energy-efficient outdoor lighting solutions driving the market. In the Middle East and Africa, the demand for tiki torches is mainly driven by the hospitality sector and outdoor events. Latin America is experiencing steady growth in the tiki torch market, fueled by the rising disposable income and a growing interest in outdoor recreational activities. Overall, the global tiki torch market is poised for steady growth across all regions, with varying trends and drivers influencing each market segment.
Global Tiki Torch Market |
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 Global Tiki Torch Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Tiki Torch Market Revenues & Volume, 2021 & 2031F |
3.3 Global Tiki Torch Market - Industry Life Cycle |
3.4 Global Tiki Torch Market - Porter's Five Forces |
3.5 Global Tiki Torch Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Tiki Torch Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Tiki Torch Market Revenues & Volume Share, By Placement, 2021 & 2031F |
3.8 Global Tiki Torch Market Revenues & Volume Share, By Size, 2021 & 2031F |
4 Global Tiki Torch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Tiki Torch Market Trends |
6 Global Tiki Torch Market, 2021 - 2031 |
6.1 Global Tiki Torch Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Tiki Torch Market, Revenues & Volume, By Conventional Fuel Tiki Torch, 2021 - 2031 |
6.1.3 Global Tiki Torch Market, Revenues & Volume, By Bug Repellant Fuel Tiki Torch, 2021 - 2031 |
6.2 Global Tiki Torch Market, Revenues & Volume, By Placement, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Tiki Torch Market, Revenues & Volume, By Hanging, 2021 - 2031 |
6.2.3 Global Tiki Torch Market, Revenues & Volume, By Standing, 2021 - 2031 |
6.2.4 Global Tiki Torch Market, Revenues & Volume, By Tabletop, 2021 - 2031 |
6.3 Global Tiki Torch Market, Revenues & Volume, By Size, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Tiki Torch Market, Revenues & Volume, By 32 Inch, 2021 - 2031 |
6.3.3 Global Tiki Torch Market, Revenues & Volume, By 40 Inch, 2021 - 2031 |
6.3.4 Global Tiki Torch Market, Revenues & Volume, By 42 Inch, 2021 - 2031 |
6.3.5 Global Tiki Torch Market, Revenues & Volume, By 55 Inch, 2021 - 2031 |
6.3.6 Global Tiki Torch Market, Revenues & Volume, By Above 60 Inch, 2021 - 2031 |
7 North America Tiki Torch Market, Overview & Analysis |
7.1 North America Tiki Torch Market Revenues & Volume, 2021 - 2031 |
7.2 North America Tiki Torch Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Tiki Torch Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Tiki Torch Market, Revenues & Volume, By Placement, 2021 - 2031 |
7.5 North America Tiki Torch Market, Revenues & Volume, By Size, 2021 - 2031 |
8 Latin America (LATAM) Tiki Torch Market, Overview & Analysis |
8.1 Latin America (LATAM) Tiki Torch Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Tiki Torch Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Tiki Torch Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Tiki Torch Market, Revenues & Volume, By Placement, 2021 - 2031 |
8.5 Latin America (LATAM) Tiki Torch Market, Revenues & Volume, By Size, 2021 - 2031 |
9 Asia Tiki Torch Market, Overview & Analysis |
9.1 Asia Tiki Torch Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Tiki Torch Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Tiki Torch Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Tiki Torch Market, Revenues & Volume, By Placement, 2021 - 2031 |
9.5 Asia Tiki Torch Market, Revenues & Volume, By Size, 2021 - 2031 |
10 Africa Tiki Torch Market, Overview & Analysis |
10.1 Africa Tiki Torch Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Tiki Torch Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Tiki Torch Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Tiki Torch Market, Revenues & Volume, By Placement, 2021 - 2031 |
10.5 Africa Tiki Torch Market, Revenues & Volume, By Size, 2021 - 2031 |
11 Europe Tiki Torch Market, Overview & Analysis |
11.1 Europe Tiki Torch Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Tiki Torch Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Tiki Torch Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Tiki Torch Market, Revenues & Volume, By Placement, 2021 - 2031 |
11.5 Europe Tiki Torch Market, Revenues & Volume, By Size, 2021 - 2031 |
12 Middle East Tiki Torch Market, Overview & Analysis |
12.1 Middle East Tiki Torch Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Tiki Torch Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Tiki Torch Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Tiki Torch Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Tiki Torch Market, Revenues & Volume, By Placement, 2021 - 2031 |
12.5 Middle East Tiki Torch Market, Revenues & Volume, By Size, 2021 - 2031 |
13 Global Tiki Torch Market Key Performance Indicators |
14 Global Tiki Torch Market - Export/Import By Countries Assessment |
15 Global Tiki Torch Market - Opportunity Assessment |
15.1 Global Tiki Torch Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Tiki Torch Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Tiki Torch Market Opportunity Assessment, By Placement, 2021 & 2031F |
15.4 Global Tiki Torch Market Opportunity Assessment, By Size, 2021 & 2031F |
16 Global Tiki Torch Market - Competitive Landscape |
16.1 Global Tiki Torch Market Revenue Share, By Companies, 2024 |
16.2 Global Tiki Torch Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |