UAE Cigarette Lighter Market Growth and Share, Emerging Trends, Business Challenges, Opportunities, Key Manufacturers and Forecast Analysis Till 2033: SPER Market Research
A cigarette lighter is an equipment that produces a flame or spark to allow cigarettes or other smoking materials to be burned. It was invented at the beginning of the twentieth century and had become a common automotive addition by the middle of the century. In 1926, the Ronson company created the “Spark-Lite” cigarette lighter, which went on to become the first to be a commercial success. A wick, a flint, and a small fuel-filled canister were used to make the first cigarette lighter. A spark made by striking the flint lit the fuel-soaked wick, which then burned the cigarette.
According to SPER Market Research, ‘UAE Cigarette Lighter Market Size- By Type, By Material, By Fuel Refill Ability Type, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the UAE Cigarette Lighter Market is predicted to reach USD 0.784 billion by 2033 with a CAGR of 3.05%.
There are several growth drivers have led to the continuous rise of the UAE cigarette lighter market throughout the years. To begin with, the expanding global population of smokers has a significant impact on the cigarette lighter business. As more people light up, the need for cigarette lighters grows. Second, cigarette lighters are a popular choice among smokers due to their ease of use. Cigarette lighters are perfect for smokers who are on the go or do not want to use matches because they are lightweight and portable.
However, the UAE Cigarette Lighter market is growing, but there are several problems harming the UAE’s cigarette lighter sector’s growth and profitability. Smoking is officially forbidden in the UAE, making it difficult for businesses to sell cigarette lighters. To sell cigarettes and lighters, shops must get a licence. Furthermore, there are restrictions on the marketing and advertising of certain products. In addition, as more individuals become aware of the health concerns connected with smoking, the number of smokers in the UAE is declining. As a result, demand for cigarette lighters has decreased, which may have an impact on the market.
The COVID-19 outbreak has had a significant impact on the UAE cigarette lighter industry. As a result of the epidemic, demand for cigarettes and smoking-related things, such as cigarette lighters, has fallen. This is due to the fact that fewer people smoke since they are obliged to stay at home and avoid social occasions.
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Furthermore, the largest markets for cigarette lighters in the UAE are Dubai and Abu Dhabi, which account for a significant share of the market. These cities have a high concentration of smoking-related businesses, such as cafes, bars, and restaurants, which fuels demand for cigarette lighters. Furthermore, Dubai is a significant transit centre, which has aided in the expansion of the region’s cigarette lighter business. In addition, some of the market key players are; BIC, S.T Dupont, Wink Life, Zippo, Others.
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UAE Cigarette Lighter Market Outlook
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SPER Market Research