Matches Market to grow by USD 15.01 Million by 2026, Increasing demand for matches to boost market growth - Technavio

NEW YORK, Nov. 22, 2022 /PRNewswire/ -- The matches market size is projected to grow by USD 15.01 million at an accelerating CAGR of 1.55% from 2021 to 2026, according to the latest research report from Technavio. The matches market analysis includes type, geography, and geography landscape. This study identifies the growing alternative uses of matches and the growing demand for matches as one of the prime reasons driving the matches market growth during the next few years. Discover matches market potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. Request a Free Sample Report!

Matches are acknowledged as safe for usage, which is significantly driving the growth of the matches market. Matches are readily accessible and quite simple to use. Smokers find this product to be incredibly convenient and helpful, especially those who need to light their cigarettes. Matchsticks are utilized for a variety of purposes that include lighting a fire, even in remote locations where advanced technology has not yet filtered through. In places of worship including temples, mosques, and churches, matches are frequently used to light candles and incense sticks. As a result, places of worship have typically dominated the market for matches. Thus, rising match demand will likely propel the worldwide matches market during the forecast period. Download a Free Sample Report.

Global match market expansion has been hampered by innovations and the development of more sophisticated fire-lighting instruments. Many new options that have entered the market, such as automatic lighters, are now being preferred by consumers. Due to their greater technological sophistication, modern consumers want to use the newest products currently on the market. Urbanization, higher living conditions, and a rise in disposable money are all factors that are slowing down the demand for matches. Gas lighters, in addition to matches, are now being utilized to light cooking stoves. All of these factors will result in a massive drop in the worldwide matches market throughout the forecast period. Buy the Report!

Technavio categorizes the global matches market as a part of the global household products market. The global household products market covers non-durable household products, including detergents, soaps, diapers, and other tissue and household paper products. Growth of the global household products market will be driven by the following factors: 

• Increase in disposable income
• Increase in online sales
• Innovation and new product launch
• Increasing demand and accessibility due to organized retailing
• Rising pressure to ensure the safety and quality of household products

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Global Matches Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The increasing market rivalry is driving suppliers to implement various growth tactics such as promotional activities and advertising spending to increase the visibility of their services. To remain competitive in the market, certain suppliers are pursuing inorganic expansion tactics such as mergers and acquisitions.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Apex Match Consortium India Pvt. Ltd.
• Atlas Atlantis
• Bell Match Co.
• Bilal Safety Matches
• Chugai Match Co. Ltd.
• D.D. Bean and Sons Co.
• Europe Match GmbH
• Geewin Matches
• Glovel Matches LLP
• Kobe Match Co. Ltd.
• Malazlar Kibrit Sanayi ve Ticaret
• Nizam Matches Pvt. Ltd.
• Pioneer Asia Group
• Radiance Global Traders Pvt. Ltd.
• Rajashree Match Works
• Royal Oak Enterprises LLC
• Solo Matches and Flames AS

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Ordinary matches - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Ordinary matches - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Ordinary matches - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Ordinary matches - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Ordinary matches - Year-over-year growth 2021-2026 (%)

• 5.4 High-grade - Market size and forecast 2021-2026 
• Exhibit 32: Chart on High-grade - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on High-grade - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on High-grade - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on High-grade - Year-over-year growth 2021-2026 (%)

• 5.5 Others - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type 
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026 
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026 
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026 
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Germany - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026 
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026 
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026 
• Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Apex Match Consortium India Pvt. Ltd. 
• Exhibit 93: Apex Match Consortium India Pvt. Ltd. - Overview
• Exhibit 94: Apex Match Consortium India Pvt. Ltd. - Product / Service
• Exhibit 95: Apex Match Consortium India Pvt. Ltd. - Key offerings

• 10.4 Atlas Atlantis
• Exhibit 96: Atlas Atlantis - Overview
• Exhibit 97: Atlas Atlantis - Product / Service
• Exhibit 98: Atlas Atlantis - Key offerings

• 10.5 Chugai Match Co. Ltd. 
• Exhibit 99: Chugai Match Co. Ltd. - Overview
• Exhibit 100: Chugai Match Co. Ltd. - Product / Service
• Exhibit 101: Chugai Match Co. Ltd. - Key offerings

• 10.6 Europe Match GmbH
• Exhibit 102: Europe Match GmbH - Overview
• Exhibit 103: Europe Match GmbH - Product / Service
• Exhibit 104: Europe Match GmbH - Key offerings

• 10.7 Kobe Match Co. Ltd.
• Exhibit 105: Kobe Match Co. Ltd. - Overview
• Exhibit 106: Kobe Match Co. Ltd. - Product / Service
• Exhibit 107: Kobe Match Co. Ltd. - Key offerings

• 10.8 Pioneer Asia Group
• Exhibit 108: Pioneer Asia Group - Overview
• Exhibit 109: Pioneer Asia Group - Product / Service
• Exhibit 110: Pioneer Asia Group - Key offerings

• 10.9 Royal Oak Enterprises LLC 
• Exhibit 111: Royal Oak Enterprises LLC - Overview
• Exhibit 112: Royal Oak Enterprises LLC - Product / Service
• Exhibit 113: Royal Oak Enterprises LLC - Key offerings

• 10.10 Solo Matches and Flames AS 
• Exhibit 114: Solo Matches and Flames AS - Overview
• Exhibit 115: Solo Matches and Flames AS - Product / Service
• Exhibit 116: Solo Matches and Flames AS - Key offerings

• 10.11 Swedish Match AB
• Exhibit 117: Swedish Match AB - Overview
• Exhibit 118: Swedish Match AB - Business segments
• Exhibit 119: Swedish Match AB - Key offerings
• Exhibit 120: Swedish Match AB - Segment focus

• 10.12 Walsen International Inc. 
• Exhibit 121: Walsen International Inc. - Overview
• Exhibit 122: Walsen International Inc. - Product / Service
• Exhibit 123: Walsen International Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 124: Inclusions checklist
• Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 127: Research methodology
• Exhibit 128: Validation techniques employed for market sizing
• Exhibit 129: Information sources

• 11.5 List of abbreviations 
• Exhibit 130: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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