Market Overview:
The global flameless tea lights 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 flameless tea lights in commercial and residential applications. Additionally, the growing popularity of LED technology is also contributing to the growth of this market. The global flameless tea lights market can be segmented on the basis of type into remote control and non-remote control. The remote control segment is expected to grow at a higher CAGR than the non-remote control segment during the forecast period from 2018 to 2030. This can be attributed to their ease of use and convenience offered by these products over traditional candles or tealights. On the basis of application,the global flameless tea lightsmarket can be divided into home and personal use and commercial use segments.
Product Definition:
Flameless tea lights are battery-operated candles that look and smell like real candles. They are often used as a safer alternative to traditional candles, especially in homes with children or pets. Flameless tea lights can also be used to create ambiance and add warmth to a room.
Remote Control:
Remote control is a technology-enabled feature that enables users to operate the flameless tea lights from a distance. It is an innovative concept, which has gained popularity in recent years and has been widely accepted across the globe. The growing demand for energy-efficient products and smart home automation solutions are expected to drive market growth over the forecast period.
The global flameless tea light market size spans application areas including commercial spaces such as hotels, restaurants, offices, etc.
Non-Remote Control:
Non-remote control tea lights are small, decorative candles that do not have a wick or a flame. They are made using various materials including wax, paraffin wax, and soy. These materials make the process of melting easier for creating the wicks which in turn makes it easy to produce scented candles without the need of any fuel or matches.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The segment is expected to witness significant growth over the forecast period owing to rising adoption of these products in hotels, restaurants and other commercial places. In addition, growing preference for a warm and cozy ambiance at home has led consumers to opt for these lights as an alternative solution compared with traditional candles or electric lamps.
The home and personal application segment is projected register a CAGR of XX% from 2018 to 2030 due largely on increasing demand for such products from emerging economies such as China, India, Thailand etc., where they are used widely across homes and offices especially during festivals like Diwali & Christmas etc.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand for technologically advanced products. The region is expected to dominate the industry over the forecast period. Increasing number of tea light ceremonies held at home and commercial establishments are driving product demand in this region. U.K.
Growth Factors:
- Increasing demand for flameless tea lights from the hospitality sector as a result of their safety features and low maintenance requirements.
- Rising popularity of LED technology, which is being increasingly adopted in flameless tea lights, resulting in superior quality and longer life spans.
- Growing demand for decorative lighting products as a result of increasing consumer spending on home décor and furnishings.
- Proliferation of online retail platforms that are offering a wider range of flameless tea lights at competitive prices, driving sales growth.
- Increasing awareness about the benefits of using flameless tea lights over traditional candles, which is helping to boost adoption rates across various end-use applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Flameless Tea Lights 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, Homemory, 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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Flameless Tea Lights Market Report Segments:
The global Flameless Tea Lights 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
- Homemory
- Instapark
- Sterno Products
- Burning Sister
- Pchero
- Mr. Light LED
- Jinggoal International Limited
Highlights of The Flameless Tea Lights 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 Flameless Tea Lights 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?
Flameless Tea Lights are a type of candle that uses heatless wax to produce a flame. They come in many different shapes and sizes, making them perfect for any occasion.
Some of the key players operating in the flameless tea lights market are Homemory, Vont, Vivii, YIWER, JINHEZO, eLander, AGPTEK, Frux Home and Yard, CelebrationLight, IB SOUND, Homemory, Instapark, Sterno Products, Burning Sister, Pchero, Mr. Light LED, Jinggoal International Limited.
The flameless tea lights market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flameless Tea Lights Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Flameless Tea Lights Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Flameless Tea Lights Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Flameless Tea Lights Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Flameless Tea Lights Market Size & Forecast, 2018-2028 4.5.1 Flameless Tea Lights Market Size and Y-o-Y Growth 4.5.2 Flameless Tea Lights Market Absolute $ Opportunity
Chapter 5 Global Flameless Tea Lights Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Flameless Tea Lights Market Size Forecast by Type
5.2.1 Remote Control
5.2.2 Non-Remote Control
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Flameless Tea Lights Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Flameless Tea Lights Market Size Forecast by Applications
6.2.1 Home and Personal
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flameless Tea Lights Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flameless Tea Lights Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Flameless Tea Lights Analysis and Forecast
9.1 Introduction
9.2 North America Flameless Tea Lights Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Flameless Tea Lights Market Size Forecast by Type
9.6.1 Remote Control
9.6.2 Non-Remote Control
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Flameless Tea Lights Market Size Forecast by Applications
9.10.1 Home and Personal
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Flameless Tea Lights Analysis and Forecast
10.1 Introduction
10.2 Europe Flameless Tea Lights Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Flameless Tea Lights Market Size Forecast by Type
10.6.1 Remote Control
10.6.2 Non-Remote Control
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Flameless Tea Lights Market Size Forecast by Applications
10.10.1 Home and Personal
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Flameless Tea Lights Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flameless Tea Lights Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Flameless Tea Lights Market Size Forecast by Type
11.6.1 Remote Control
11.6.2 Non-Remote Control
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Flameless Tea Lights Market Size Forecast by Applications
11.10.1 Home and Personal
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Flameless Tea Lights Analysis and Forecast
12.1 Introduction
12.2 Latin America Flameless Tea Lights Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Flameless Tea Lights Market Size Forecast by Type
12.6.1 Remote Control
12.6.2 Non-Remote Control
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Flameless Tea Lights Market Size Forecast by Applications
12.10.1 Home and Personal
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Flameless Tea Lights Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flameless Tea Lights Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Flameless Tea Lights Market Size Forecast by Type
13.6.1 Remote Control
13.6.2 Non-Remote Control
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Flameless Tea Lights Market Size Forecast by Applications
13.10.1 Home and Personal
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flameless Tea Lights Market: Competitive Dashboard
14.2 Global Flameless Tea Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Homemory
14.3.2 Vont
14.3.3 Vivii
14.3.4 YIWER
14.3.5 JINHEZO
14.3.6 eLander
14.3.7 AGPTEK
14.3.8 Frux Home and Yard
14.3.9 CelebrationLight
14.3.10 IB SOUND
14.3.11 Homemory
14.3.12 Instapark
14.3.13 Sterno Products
14.3.14 Burning Sister
14.3.15 Pchero
14.3.16 Mr. Light LED
14.3.17 Jinggoal International Limited