Market Overview:
The global flameless tealights 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 flameless tealights for home and personal applications, and commercial applications. Additionally, the growing awareness about safety and environment-friendly products is also contributing to the growth of this market. The global flameless tealights market can be segmented on the basis of type into remote control and non-remote control flameless tealights. 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 growing popularity among consumers owing to their convenience features such as timers and dimmers that allow users greater flexibility in controlling light output levels. On the basis of application,the global flameless tealightmarket can be divided into home and personal applications,and commercial applications segments.
Product Definition:
Flameless Tealights are battery operated candles. They come in a variety of shapes and sizes, and can be used for a variety of purposes. Some people use them as regular candles, while others use them to decorate cakes or cupcakes.
Remote Control:
The global market for flameless tealights is expected to witness significant growth over the forecast period. The primary factor driving this growth is increasing demand for convenience goods across the globe. Remote control, also known as wireless remote, has become an integral part of our lives; it helps us operate television sets, VCRs and DVD players among many other devices without physically being present at those places.
Non-Remote Control:
Non-remote control is a technology that enables the user to adjust the flame height and spread by using a simple tool. The non-remote control tools are available in various shapes and sizes, which include wicks, spouts, nozzles or tubes. These products have an advantage over remote controls as they do not require line of sight for operation.
The product has been gaining popularity owing to its ease of use without having to look at the device while adjusting flame height.
Application Insights:
The commercial segment held the largest share of more than 70.0% in 2017. The growth can be attributed to the increasing use of flameless candles for various applications including hotels, restaurants and malls among others. In addition, growing tourism industry is expected to drive demand over the forecast period.
Home and personal application is projected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to rising awareness about energy conservation among consumers globally which eventually led them towards using flameless tealights in their homes as an alternative solution compared with traditional electric lights or candles that consume lot of electricity thus contributing towards market growth over the forecast period.
Other applications include event management, retail stores and warehouse clubs where flame-free products are preferred due largely in part due its ability not only provide better illumination but also reduce electricity costs by up to 80%.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from countries, such as U.K., Germany, Italy, and France. Asia Pacific is expected to be the fastest-growing region over the forecast period due to increasing number of product launches by companies including Housewares Group and L’Or©al. In addition, growing tourism sector in countries like Thailand and Malaysia is expected to drive product sales in this region.
Growth Factors:
- Increasing demand for flameless tealights from the hospitality sector as they are safe and easy to use.
- Rising popularity of LED technology that is used in flameless tealights, which is more energy-efficient as compared to traditional candles.
- Growing demand for decorative lighting products in residential spaces, which is driving the sales of flameless tealights.
- Increasing trend of using eco-friendly and sustainable products, such as flameless tealights, across all sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flameless Tealights 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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Flameless Tealights Market Report Segments:
The global Flameless Tealights 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 Tealights 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 Tealights 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
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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 tealights are a type of candle that does not use any kind of flame. They are made out of wax, and when the candle is lit, the heat from the flame melts the wax near the wick. This liquid wax then flows up to the wick where it is vaporized and burned as light.
Some of the major players in the flameless tealights 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 tealights 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 Tealights 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 Tealights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flameless Tealights 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 Tealights 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 Tealights Market Size & Forecast, 2018-2028
4.5.1 Flameless Tealights Market Size and Y-o-Y Growth
4.5.2 Flameless Tealights Market Absolute $ Opportunity
Chapter 5 Global Flameless Tealights 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 Tealights 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 Tealights 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 Tealights 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 Tealights 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 Tealights 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 Tealights Analysis and Forecast
9.1 Introduction
9.2 North America Flameless Tealights 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 Tealights 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 Tealights 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 Tealights Analysis and Forecast
10.1 Introduction
10.2 Europe Flameless Tealights 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 Tealights 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 Tealights 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 Tealights Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flameless Tealights 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 Tealights 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 Tealights 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 Tealights Analysis and Forecast
12.1 Introduction
12.2 Latin America Flameless Tealights 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 Tealights 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 Tealights 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 Tealights Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flameless Tealights 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 Tealights 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 Tealights 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 Tealights Market: Competitive Dashboard
14.2 Global Flameless Tealights 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
