Global Tiki Torches Market Attractiveness Analysis by Application, 2022-2032

Tiki torches are becoming more often utilised for Hawaiian celebrations as well as for house decor because they enhance the joyous and brilliant atmosphere of such gatherings. By erecting bamboo torches and other associated fire decorations, such themed parties can create a tropical atmosphere. Tiki Torches Market has expanded tremendously as a result of such popular aesthetic concepts. These products have been supplied by a wide variety of fragmented market players, particularly for Luau party decorations.

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Regional Overview of Tiki Torches Market

North America holds a dominant tiki torches market share, as the adoption of tiki torches is comparatively high in the region as compared to other regions, followed by Europe. Currently, players in the market are focused on promoting fuels with specific properties.

Few of the fuel properties that are being promoted in the market include scented fuel, odorless fuel, fuels that are non-toxic, biodegradable fuel, and fuel that causes less smoke and soot while burning.

In case of material, metal tiki torches are quite prominent in these regions, owing to their special corrosion-resistant properties. However, the bamboo segment is expected to expand at a considerable rate during the forecast period.

Tiki Torches Market: Competition Landscape

The tiki torches market is dominated by well-established players. The market is quite fragmented, with a large number of small-scale players operating in the landscape. The penetration of tiki torches market players is high in North America, as product adoption in the region is high. Players in the market are currently promoting their torches as a natural mosquito repellent therapy, as tiki torches are known and highly preferred to get rid of mosquitos and other insects.

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Tiki Torches Market: Segmentation

PMR’s research study on the global tiki torches market offers a detailed market taxonomy, wherein, key segments have been discussed in detail. The tiki torches market is segmented on the basis of product, material, size, price range, sales channel, and region. Every segment is analyzed in detail, and data pertaining to the growth of each segment has been included in the study.

Product

  • Gas/Oil Tiki Torches
  • Electric Tiki Torches
  • Solar-powered Tiki Torches

Material

  • Glass
  • Metal
  • Plastic
  • Aluminum
  • Stainless Steel
  • Wood/Bamboo
  • Ceramic
  • Others

Size

  • Under 30 Inches
  • 31-50 Inches
  • 51-70 Inches
  • 71-90 Inches

Price Range

  • Economy
  • Mid-range
  • Premium

Sales Channel

  • Specialty Stores
  • Home Centers
  • Multi-brand Stores
  • Furniture Stores
  • Mass Merchandise
  • e-Commerce

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)

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FAQ’S:

  • How is the outbreak of the coronavirus pandemic impacting the growth of the tiki torches market?
  • What are the key trends that are constantly shaping the growth of the tiki torches market?
  • Which are the prominent regions that offer plentiful opportunities for players in the tiki torches market?
  • What are the differential strategies adopted by key players to hold a significant share in the global tiki torches market?

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