Market Overview:
The global firework market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fireworks for various applications such as government, company, individual and other applications. In terms of type, the category A segment is expected to hold a major share of the global firework market during the forecast period. This can be attributed to their growing popularity among consumers across different regions.
Product Definition:
A firework is a device that produces a visual or auditory effect by combustion of materials.
Category A:
The global category A, also known as the super bright firework is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to its increasing usage in events such as weddings, parties and other public gatherings. It is available in different shapes and sizes which increases its usability across various events. Moreover, it has a longer burn time when compared with other fireworks which makes it suitable for big occasions where crowd size matters more than short amusement.
Category B:
Category B is a type of fireworks that can be used by consumers without a license or permit. They are also known as illegal firework, or rocketry. The legal use of category B fireworks in the United States is only for recreational purposes and should not be used for professional displays. These fireworks consist of small parts that burn within the container and produce smoke and noise; they do not have an explosive component like other types of fireworks which makes them non-threatening to human health.
Application Insights:
The government application segment led the global firework market and accounted for more than 54.0% share of the overall revenue in 2017. The use of fireworks as a tool for Celebrations, Awards Nights, Product Launches and many other events is expected to drive this application segment over the forecast period. In addition, stringent regulations regarding explosives across various countries is expected to remain a key driving factor for this segment over the forecast period.
The company application segment accounted for more than 35% share of the overall revenue in 2017 owing to its ability to create an instant atmosphere at corporate events or weddings with just one blast.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. China, India, Japan, South Korea and Taiwan are some of the countries that have a high number of Fireworks Stations. The Chinese New Year celebrations held on February 10 each year is one of the major festivals celebrated across Asia Pacific which has led to an increase in demand for Fireworks from consumers as well as manufacturers. However, due to stringent regulations laid down by various governments including Beijing's firework rules (promulgated by Beijing's Municipal Government) no more than 100 million fireworks can be sold within city limits during peak season between January 15 and February 15 each year.
North America emerged as a significant consumer owing to presence of large number of population along with various government initiatives promoting fire safety standards across U.S.
Growth Factors:
- Increasing demand for Firework in festive seasons and special occasions such as New Year, Christmas, weddings etc.
- Rising disposable income of consumers leading to an increase in spending on luxury items such as Fireworks
- Growing popularity of fireworks among the youth population
- Proliferation of online retail platforms that offer a wide variety of fireworks at competitive prices
- Introduction of new and innovative products in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Firework Market Research Report
By Type
Category A, Category B, Category C, Category D
By Application
Government, Company, Individual, Other
By Companies
Standard (IN), Sri Kaliswari (IN), Ajanta (IN), Coronation (IN), Sony (IN), Diamond Sparkler (US), GROUPE F (FR), Panda (CN), Lidu (CN), Zhongzhou (CN), Liuyang (CN), Guandu (CN), Jeeton (CN), Qingtai (CN), Bull (CN), Hekou (CN), Dahu (CN), Dancing (CN), Shenma (CN), Jinsheng Group (CN), Sanlink Group (CN), Fuxiang (CN), Hefung (CN), Shenghong (CN), Shengding (CN), Meaning (CN), Juntai (CN), Shijihong (CN), Kim TAE (CN), Qianzi (CN)
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Firework Market Report Segments:
The global Firework market is segmented on the basis of:
Types
Category A, Category B, Category C, Category D
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
Government, Company, Individual, Other
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:
- Standard (IN)
- Sri Kaliswari (IN)
- Ajanta (IN)
- Coronation (IN)
- Sony (IN)
- Diamond Sparkler (US)
- GROUPE F (FR)
- Panda (CN)
- Lidu (CN)
- Zhongzhou (CN)
- Liuyang (CN)
- Guandu (CN)
- Jeeton (CN)
- Qingtai (CN)
- Bull (CN)
- Hekou (CN)
- Dahu (CN)
- Dancing (CN)
- Shenma (CN)
- Jinsheng Group (CN)
- Sanlink Group (CN)
- Fuxiang (CN)
- Hefung (CN)
- Shenghong (CN)
- Shengding (CN)
- Meaning (CN)
- Juntai (CN)
- Shijihong (CN)
- Kim TAE (CN)
- Qianzi (CN)
Highlights of The Firework 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:
- Category A
- Category B
- Category C
- Category D
- By Application:
- Government
- Company
- Individual
- Other
- 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 Firework 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.
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- Correctly Positioning New Products
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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?
A fireworks display is a show of fireworks created by lighting charges and propellants in an explosive device.
Some of the key players operating in the firework market are Standard (IN), Sri Kaliswari (IN), Ajanta (IN), Coronation (IN), Sony (IN), Diamond Sparkler (US), GROUPE F (FR), Panda (CN), Lidu (CN), Zhongzhou (CN), Liuyang (CN), Guandu (CN), Jeeton (CN), Qingtai (CN), Bull (CN), Hekou (CN), Dahu (CN), Dancing (CN), Shenma (CN), Jinsheng Group (CN), Sanlink Group (CN), Fuxiang (CN), Hefung (CN), Shenghong (CN), Shengding (CN), Meaning (CN), Juntai (CN), Shijihong (CN), Kim TAE (CN), Qianzi (CN).
The firework 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. Firework 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. Firework Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Firework Market - Supply Chain
4.5. Global Firework Market Forecast
4.5.1. Firework Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Firework Market Size (000 Units) and Y-o-Y Growth
4.5.3. Firework Market Absolute $ Opportunity
5. Global Firework 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. Firework Market Size and Volume Forecast by Type
5.3.1. Category A
5.3.2. Category B
5.3.3. Category C
5.3.4. Category D
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Firework 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. Firework Market Size and Volume Forecast by Application
6.3.1. Government
6.3.2. Company
6.3.3. Individual
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Firework 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. Firework 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 Firework 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. Firework 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 Firework Demand Share Forecast, 2019-2026
9. North America Firework 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 Firework 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 Firework Market Size and Volume Forecast by Application
9.4.1. Government
9.4.2. Company
9.4.3. Individual
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Firework Market Size and Volume Forecast by Type
9.7.1. Category A
9.7.2. Category B
9.7.3. Category C
9.7.4. Category D
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 Firework Demand Share Forecast, 2019-2026
10. Latin America Firework 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 Firework 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 Firework Market Size and Volume Forecast by Application
10.4.1. Government
10.4.2. Company
10.4.3. Individual
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Firework Market Size and Volume Forecast by Type
10.7.1. Category A
10.7.2. Category B
10.7.3. Category C
10.7.4. Category D
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 Firework Demand Share Forecast, 2019-2026
11. Europe Firework 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 Firework 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 Firework Market Size and Volume Forecast by Application
11.4.1. Government
11.4.2. Company
11.4.3. Individual
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Firework Market Size and Volume Forecast by Type
11.7.1. Category A
11.7.2. Category B
11.7.3. Category C
11.7.4. Category D
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.. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Firework Demand Share, 2019-2026
12. Asia Pacific Firework 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 Firework 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 Firework Market Size and Volume Forecast by Application
12.4.1. Government
12.4.2. Company
12.4.3. Individual
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Firework Market Size and Volume Forecast by Type
12.7.1. Category A
12.7.2. Category B
12.7.3. Category C
12.7.4. Category D
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 Firework Demand Share, 2019-2026
13. Middle East & Africa Firework 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 Firework 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 Firework Market Size and Volume Forecast by Application
13.4.1. Government
13.4.2. Company
13.4.3. Individual
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Firework Market Size and Volume Forecast by Type
13.7.1. Category A
13.7.2. Category B
13.7.3. Category C
13.7.4. Category D
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 Firework Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Firework Market: Market Share Analysis
14.2. Firework Distributors and Customers
14.3. Firework Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Standard (IN)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sri Kaliswari (IN)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ajanta (IN)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Coronation (IN)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sony (IN)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Diamond Sparkler (US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GROUPE F (FR)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panda (CN)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lidu (CN)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhongzhou (CN)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Liuyang (CN)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Guandu (CN)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jeeton (CN)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Qingtai (CN)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bull (CN)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hekou (CN)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dahu (CN)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Dancing (CN)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shenma (CN)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Jinsheng Group (CN)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook