Market Overview:
The global handheld fireworks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The handheld fireworks market is segmented on the basis of type, application and region. On the basis of type, the handheld fireworks market is segmented into torch, sparkler and others. The torch segment is expected to dominate the handheld fireworks market during the forecast period owing to its growing demand for outdoor events such as weddings and parties. On the basis of application, government sector dominates the global handheld fireworks market followed by commercial sector in terms of revenue share contribution in 2017. However, individual users are anticipated to witness highest growth rate during 2018-2030 due mainly to increasing demand for private celebrations such as birthdays and anniversaries across various regions worldwide.
Product Definition:
A handheld firework is a small firework that can be held in the hand. It is usually a small tube with a fuse on one end and explosives on the other. Handheld fireworks are used for entertainment purposes, such as at parties or New Year's Eve celebrations.
Tourch:
Tou rch is the residue remaining in a metal container after lighting fireworks. It is also known as the "dirt" or "ash". The tourch growth factor in handheld fireworks market, depends on three main factors such as type of firework, charge and size of firework.
Sparkler:
Sparkler is a small fireworks device that produces showers of sparks for entertainment purposes. It has various shapes and sizes, but the basic types are round and tube-shaped. Sparklers can be used by themselves or in combination with other fireworks to create special effects. They are available in two forms: non-flammable (green label) and flammable (red label).
Application Insights:
The commercial application segment accounted for the largest share of more than 70.0% in 2017. The use of fireworks during various occasions such as Diwali, Dhanteras, Holi, and Christmas is very common in several countries including India, China, Thailand and Japan. In these countries, the use of fireworks during these occasions has been a part of tradition for centuries now. Moreover, many companies have started manufacturing products especially designed for such occasions which has further increased its demand among consumers across the globe.
The government application segment is expected to witness significant growth over the forecast period owing to increasing expenditure on events like New Year¢â‚¬â„¢s Eve celebrations.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 4.9% over the forecast period, owing to increasing consumer preference for handheld fireworks over large scale displays and celebrations. Moreover, technological advancements such as miniaturization and improvements in efficiency are anticipated to drive demand further.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to rising disposable income levels among consumers coupled with government initiatives encouraging individuals and corporate companies alike for using innovative methods for celebrations & festivals especially on Diwali & New Year's Eve which results into increased sales of handheld fireworks in APAC countries like India, China, Japan etc.
Growth Factors:
- Increasing demand for handheld fireworks in the entertainment industry as a source of visual and auditory stimulation.
- Rising disposable income of consumers, which enables them to spend more on leisure activities, including purchasing handheld fireworks.
- Growing popularity of outdoor events, such as music festivals and firework displays, that feature handheld fireworks as a key attraction.
- Proliferation of online retail platforms that offer a wide variety of handheld fireworks products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Fireworks Market Research Report
By Type
Tourch, Sparkler
By Application
Government, Commercial, Individual, Other
By Companies
Standard, Sri Kaliswari, Sonny Fireworks, Phantom Fireworks, Panda Fireworks, Guandu, Qingtai, Shenma, Jinsheng Group, Shengding Firworks Group
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Fireworks Market Report Segments:
The global Handheld Fireworks market is segmented on the basis of:
Types
Tourch, Sparkler
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, Commercial, 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
- Sri Kaliswari
- Sonny Fireworks
- Phantom Fireworks
- Panda Fireworks
- Guandu
- Qingtai
- Shenma
- Jinsheng Group
- Shengding Firworks Group
Highlights of The Handheld Fireworks 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:
- Tourch
- Sparkler
- By Application:
- Government
- Commercial
- 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 Handheld Fireworks 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
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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?
Handheld fireworks are small, hand-held devices that produce colorful displays in the sky. They are popular among children and adults who enjoy watching fireworks displays.
Some of the major companies in the handheld fireworks market are Standard, Sri Kaliswari, Sonny Fireworks, Phantom Fireworks, Panda Fireworks, Guandu, Qingtai, Shenma, Jinsheng Group, Shengding Firworks Group.
The handheld fireworks 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 Handheld Fireworks 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 Handheld Fireworks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handheld Fireworks 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 Handheld Fireworks 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 Handheld Fireworks Market Size & Forecast, 2018-2028
4.5.1 Handheld Fireworks Market Size and Y-o-Y Growth
4.5.2 Handheld Fireworks Market Absolute $ Opportunity
Chapter 5 Global Handheld Fireworks 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 Handheld Fireworks Market Size Forecast by Type
5.2.1 Tourch
5.2.2 Sparkler
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Handheld Fireworks 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 Handheld Fireworks Market Size Forecast by Applications
6.2.1 Government
6.2.2 Commercial
6.2.3 Individual
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handheld Fireworks 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 Handheld Fireworks 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 Handheld Fireworks Analysis and Forecast
9.1 Introduction
9.2 North America Handheld Fireworks 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 Handheld Fireworks Market Size Forecast by Type
9.6.1 Tourch
9.6.2 Sparkler
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 Handheld Fireworks Market Size Forecast by Applications
9.10.1 Government
9.10.2 Commercial
9.10.3 Individual
9.10.4 Other
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 Handheld Fireworks Analysis and Forecast
10.1 Introduction
10.2 Europe Handheld Fireworks 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 Handheld Fireworks Market Size Forecast by Type
10.6.1 Tourch
10.6.2 Sparkler
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 Handheld Fireworks Market Size Forecast by Applications
10.10.1 Government
10.10.2 Commercial
10.10.3 Individual
10.10.4 Other
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 Handheld Fireworks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Handheld Fireworks 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 Handheld Fireworks Market Size Forecast by Type
11.6.1 Tourch
11.6.2 Sparkler
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 Handheld Fireworks Market Size Forecast by Applications
11.10.1 Government
11.10.2 Commercial
11.10.3 Individual
11.10.4 Other
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 Handheld Fireworks Analysis and Forecast
12.1 Introduction
12.2 Latin America Handheld Fireworks 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 Handheld Fireworks Market Size Forecast by Type
12.6.1 Tourch
12.6.2 Sparkler
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 Handheld Fireworks Market Size Forecast by Applications
12.10.1 Government
12.10.2 Commercial
12.10.3 Individual
12.10.4 Other
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) Handheld Fireworks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Handheld Fireworks 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) Handheld Fireworks Market Size Forecast by Type
13.6.1 Tourch
13.6.2 Sparkler
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) Handheld Fireworks Market Size Forecast by Applications
13.10.1 Government
13.10.2 Commercial
13.10.3 Individual
13.10.4 Other
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 Handheld Fireworks Market: Competitive Dashboard
14.2 Global Handheld Fireworks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Standard
14.3.2 Sri Kaliswari
14.3.3 Sonny Fireworks
14.3.4 Phantom Fireworks
14.3.5 Panda Fireworks
14.3.6 Guandu
14.3.7 Qingtai
14.3.8 Shenma
14.3.9 Jinsheng Group
14.3.10 Shengding Firworks Group
