The new report by Expert Market Research titled, ‘UAE Cigarette Lighter Market Report and Forecast 2021-2026’, gives an in-depth analysis of the UAE cigarette lighter market, assessing the market based on its segments like type, material, refillability type, and distribution channel. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 531 Million
- Forecast CAGR (2021-2026): 2.8%
- Forecast Market Size (2026): USD 627 Million
Convenience stores account for a large portion of the UAE cigarette lighter industry in terms of distribution channels. This is due to the widespread availability of convenience stores throughout the country. Tobacco shops have also proven to be a capable choice in this case. Furthermore, many people prefer to purchase a lighter each time they purchase a new pack of cigarettes because they often lose their lighters. These factors are assisting the region’s industrial growth. Because of the low cost of cigarettes in the country, the UAE is expected to expand strongly over the forecast period. The expansion of the market by the major players, as well as substantial untapped opportunities, are driving the growth. Furthermore, investment in the tobacco industry has increased, particularly in Dubai and Abu Dhabi. Because of the high tax imposed by the government, Emirates is increasingly focused on expanding tobacco sales. In the coming years, these factors are expected to contribute to demand growth.
Industry Definition and Major Segments
A cigarette lighter is a small device that produces a small flame when a switch is pressed to light a cigarette or cigar. It comes in a variety of shapes and sizes, as well as various styles.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/uae-cigarette-lighter-market
By type, the market is divided into:
Based on material, the market is categorised into:
On the basis of fuel refillability type, the market is bifurcated into:
By distribution channel, the market is segmented into:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Tobacco Shops
The cigarette lighter industry in the UAE is at an all-time high, thanks to an increase in tobacco consumption. The high rate of tobacco consumption among UAE citizens, especially those over the age of 18, has aided the industry’s growth. This, combined with the lack of strict tobacco-related laws and a high standard of living, is likely to drive up demand for cigarette lighters in the area. Furthermore, the implementation of minimum prices and the introduction of new rules, which will allow for the first time in the region the legal sale of e-cigarettes and vaping devices, are expected to have a positive impact on the industry. However, health risks such as lung cancer, asthma, and oral health issues, among others, are expected to slow demand growth during the forecast period. Meanwhile, the industry’s growth is expected to be aided in the coming years by the increasing penetration of key players in the region, as well as a growing emphasis on product marketing.
Key Market Players
The major players in the market are BIC, Zippo, S.T Dupont, Wink Life, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.