Product Code: ETC005447 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Singapore Cigarette Lighter Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 0.06% in 2025, the market peaks at 0.06% in 2027, and settles at 0.04% by 2029.
In the Asia region, the Cigarette Lighter market in Singapore is projected to expand at a stable growth rate of 0.06% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Singapore cigarette lighter market is estimated to register a CAGR of over 2% during the forecast period. The growing preference for tobacco-free cigarettes, due to their health benefits, and the availability of electric lighters are expected to drive the growth of the market in this region. In addition, increasing demand for pocket-sized and technologically advanced products is also expected to boost the growth prospects of this market in Singapore.
Growing Demand from Tobacco Companies: The demand for lighters and other accessories used by tobacco companies is anticipated to increase over the next few years due to growing demand for cigarettes across countries like Singapore. This will create a favorable environment for manufacturers operating within this sector as they capitalize on these opportunities provided by such organizations. Increasing Disposable Income: With increasing disposable incomes among consumers in Singapore, people are increasingly shifting their preferences towards consuming luxurious items such as cigarettes and related accessories like lighters which have been driving up sales significantly over recent years. Furthermore, there has been an influx of new brands offering different products which helps fuel market growth even further through diversification of offerings available in this segment throughout the country.
Stringent Government Regulations: Governments around the world including those present within South East Asia are implementing stringent regulations regarding smoking and its harmful effects on people`s health and environment leading many industries associated with it into crisis situations. Such steps taken by authorities can hinder the overall industry???s performance negatively impacting cigarette lighter markets too making them less attractive investment prospects than before thus posing a major challenge ahead. High Cost Of Manufacturing: Another major factor limiting growth potential within this sector lies with the high cost incurred while manufacturing lighters or other related components, since most materials required here come at hefty price tags, forcing producers to raise prices of their end products making them less competitive against foreign counterparts who may not face same level challenges thus creating unfavorable conditions domestically.
Some key players dominating this space include Bic Corporation, Ronson Consumer Products Corp., Zippo Manufacturing Co.
The pandemic has adversely affected global economies across all sectors including that pertaining cigarette lighter markets too where due closure of shops & businesses coupled with stay at home orders have caused steep declines witnessed recently amidst already existing challenges faced previously mentioned above leading many enterprises struggling operations wise severely curtailing any chances of recovery anytime soon unless situation improves drastically soon enough.
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 Singapore Cigarette Lighter Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Cigarette Lighter Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Cigarette Lighter Market - Industry Life Cycle |
3.4 Singapore Cigarette Lighter Market - Porter's Five Forces |
3.5 Singapore Cigarette Lighter Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Singapore Cigarette Lighter Market Revenues & Volume Share, By Material, 2020 & 2030F |
3.7 Singapore Cigarette Lighter Market Revenues & Volume Share, By Distribution Channels, 2020 & 2030F |
4 Singapore Cigarette Lighter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Cigarette Lighter Market Trends |
6 Singapore Cigarette Lighter Market, By Types |
6.1 Singapore Cigarette Lighter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Cigarette Lighter Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Singapore Cigarette Lighter Market Revenues & Volume, By Flint Cigarette Lighter, 2020-2030F |
6.1.4 Singapore Cigarette Lighter Market Revenues & Volume, By Electronic Cigarette Lighter, 2020-2030F |
6.1.5 Singapore Cigarette Lighter Market Revenues & Volume, By Others, 2020-2030F |
6.2 Singapore Cigarette Lighter Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Singapore Cigarette Lighter Market Revenues & Volume, By Plastic, 2020-2030F |
6.2.3 Singapore Cigarette Lighter Market Revenues & Volume, By Metal, 2020-2030F |
6.3 Singapore Cigarette Lighter Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Singapore Cigarette Lighter Market Revenues & Volume, By Tobacco shops, 2020-2030F |
6.3.3 Singapore Cigarette Lighter Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F |
6.3.4 Singapore Cigarette Lighter Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.3.5 Singapore Cigarette Lighter Market Revenues & Volume, By Online Stores, 2020-2030F |
6.3.6 Singapore Cigarette Lighter Market Revenues & Volume, By Others, 2020-2030F |
7 Singapore Cigarette Lighter Market Import-Export Trade Statistics |
7.1 Singapore Cigarette Lighter Market Export to Major Countries |
7.2 Singapore Cigarette Lighter Market Imports from Major Countries |
8 Singapore Cigarette Lighter Market Key Performance Indicators |
9 Singapore Cigarette Lighter Market - Opportunity Assessment |
9.1 Singapore Cigarette Lighter Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Singapore Cigarette Lighter Market Opportunity Assessment, By Material, 2020 & 2030F |
9.3 Singapore Cigarette Lighter Market Opportunity Assessment, By Distribution Channels, 2020 & 2030F |
10 Singapore Cigarette Lighter Market - Competitive Landscape |
10.1 Singapore Cigarette Lighter Market Revenue Share, By Companies, 2023 |
10.2 Singapore Cigarette Lighter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |