Market Overview:
The global electric tealight market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric tealights for home and personal applications, commercial applications, and other applications. In terms of type, the remote control segment is expected to grow at a higher CAGR than the non-remote control segment during the forecast period. This growth can be attributed to the increasing demand for electric tealights with remote controls among consumers due to their ease of use.
Product Definition:
Electric tealight is a battery-operated candle which is used to provide light. It is often used as an emergency light or as a backup when the main source of light goes out.
Remote Control:
The global remote control market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing demand for wireless devices coupled with growing adoption of smart home applications across various regions.
Growing demand for wireless devices such as television, air conditioner, and microwave oven among others has led to an increase in sales volume of electric tealight candles.
Non-Remote Control:
Non-remote control is a device used to light up or extinguish the electric tealight. It is an essential element in the market as it helps in monitoring and controlling the product from a safe distance. The non-remote control devices are available at low prices and have features that help in easy lighting of tealights, which makes them suitable for consumers having small budget.
Application Insights:
The global electric tealight market has been segmented on the basis of application into home and personal, commercial, and others. The home and personal application segment dominated the overall industry in 2017 with a share of over 80%. Electric tealights are used at homes for lighting purposes as well as for offering fragrance to rooms. They are also used during festivals, thanksgiving services, Diwali functions or gatherings where candles are not allowed due to fire hazards.
Commercial applications include hotels/restaurants or other similar places where candles would have caused problems owing to health hazards or unavailability of proper ventilation facilities. In such cases, electric tapers provide better safety along with ease and convenience in handling them while serving food or drinks late night hours at restaurants etcetera.
Regional Analysis:
North America dominated the global electric tealight market in 2017. The U.S., being one of the most developed nations, has a large number of candle producers and consumers. Moreover, with remote control candles gaining popularity in homes across this region, it will continue to be a major market for electric tealights over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing disposable income levels and growing population in countries such as China.
Growth Factors:
- Increasing demand for electric tealights from the hospitality sector as a result of growing awareness about the benefits of using LED candles over traditional candles.
- Rising demand for electric tealights from the wedding and event industry due to their ability to create an ambient atmosphere without emitting any smoke or heat.
- Growing popularity of electric tealights as a safer and more environmentally-friendly alternative to traditional candles, especially in countries where there are stringent regulations on fire safety.
- Increasing use of electric tealights in aromatherapy applications, as they do not release any harmful toxins into the air like paraffin wax candles do.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Tealight Market Research Report
By Type
Remote Control, Non-Remote Control,
By Application
Home and Personal, Commercial,
By Companies
Homemory, Vont, Vivii, YIWER, JINHEZO, eLander, AGPTEK, Frux Home and Yard, CelebrationLight, IB SOUND, Novelty Place, Instapark, Sterno Products, Burning Sister, Pchero, Mr. Light LED, Jinggoal International Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electric Tealight Market Report Segments:
The global Electric Tealight market is segmented on the basis of:
Types
Remote Control, Non-Remote Control,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home and Personal, Commercial,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Homemory
- Vont
- Vivii
- YIWER
- JINHEZO
- eLander
- AGPTEK
- Frux Home and Yard
- CelebrationLight
- IB SOUND
- Novelty Place
- Instapark
- Sterno Products
- Burning Sister
- Pchero
- Mr. Light LED
- Jinggoal International Limited
Highlights of The Electric Tealight Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Remote Control
- Non-Remote Control
- By Application:
- Home and Personal
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Tealight Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric tealight is a small, battery-operated light that uses LED technology. They are often used as votives or to provide a gentle light in dark spaces.
Some of the major companies in the electric tealight market are Homemory, Vont, Vivii, YIWER, JINHEZO, eLander, AGPTEK, Frux Home and Yard, CelebrationLight, IB SOUND, Novelty Place, Instapark, Sterno Products, Burning Sister, Pchero, Mr. Light LED, Jinggoal International Limited.
The electric tealight market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Tealight Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Tealight Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Tealight Market - Supply Chain
4.5. Global Electric Tealight Market Forecast
4.5.1. Electric Tealight Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Tealight Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Tealight Market Absolute $ Opportunity
5. Global Electric Tealight Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Tealight Market Size and Volume Forecast by Type
5.3.1. Remote Control
5.3.2. Non-Remote Control
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Tealight Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Tealight Market Size and Volume Forecast by Application
6.3.1. Home and Personal
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Tealight Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Tealight Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Tealight Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Tealight Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Tealight Demand Share Forecast, 2019-2026
9. North America Electric Tealight Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Tealight Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Tealight Market Size and Volume Forecast by Application
9.4.1. Home and Personal
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Tealight Market Size and Volume Forecast by Type
9.7.1. Remote Control
9.7.2. Non-Remote Control
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Tealight Demand Share Forecast, 2019-2026
10. Latin America Electric Tealight Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Tealight Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Tealight Market Size and Volume Forecast by Application
10.4.1. Home and Personal
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Tealight Market Size and Volume Forecast by Type
10.7.1. Remote Control
10.7.2. Non-Remote Control
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Tealight Demand Share Forecast, 2019-2026
11. Europe Electric Tealight Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Tealight Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Tealight Market Size and Volume Forecast by Application
11.4.1. Home and Personal
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Tealight Market Size and Volume Forecast by Type
11.7.1. Remote Control
11.7.2. Non-Remote Control
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Tealight Demand Share, 2019-2026
12. Asia Pacific Electric Tealight Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Tealight Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Tealight Market Size and Volume Forecast by Application
12.4.1. Home and Personal
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Tealight Market Size and Volume Forecast by Type
12.7.1. Remote Control
12.7.2. Non-Remote Control
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Tealight Demand Share, 2019-2026
13. Middle East & Africa Electric Tealight Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Tealight Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Tealight Market Size and Volume Forecast by Application
13.4.1. Home and Personal
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Tealight Market Size and Volume Forecast by Type
13.7.1. Remote Control
13.7.2. Non-Remote Control
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Tealight Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Tealight Market: Market Share Analysis
14.2. Electric Tealight Distributors and Customers
14.3. Electric Tealight Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Homemory
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vivii
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. YIWER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JINHEZO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. eLander
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AGPTEK
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Frux Home and Yard
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CelebrationLight
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IB SOUND
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Novelty Place
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Instapark
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sterno Products
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Burning Sister
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Pchero
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mr. Light LED
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jinggoal International Limited
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
