(MENAFN- PR Newswire) NEW YORK, April 4, 2023 /PRNewswire/ -- The matches market report has been added to Technavio's offerings.
The
market size is estimated to grow by USD 15.01 million from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 1.55%. North America will account for 29% of the market's growth during the forecast period. The US is the key contributor to the matches market in the region. Moreover, market growth in North America will be faster than the growth of the market in other regions. The increasing number of smokers and the rising demand for matches will drive the growth of the matches market in North America during the forecast period. For comprehensive details on the market size and forecast period (2022-2026) - view a sample report

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Technavio has announced its latest market research report titled Global Matches Market

Company profiles

The matches market report includes information on the product launches, sustainability, and prospects of leading vendors, including Apex Match Consortium India Pvt. Ltd., Atlas Atlantis, Bell Match Co., Bilal Safety Matches, Chugai Match Co. Ltd., D.D. Bean and Sons Co., Europe Match GmbH, Geewin Matches, Glovel Matches LLP, Kobe Match Co. Ltd., Malazlar Kibrit Sanayi ve Ticaret, Nizam Matches Pvt. Ltd., Pioneer Asia Group, Radiance Global Traders Pvt. Ltd., Rajashree Match Works, Royal Oak Enterprises LLC, Solo Matches and Flames AS, Swarna Match Factory, Swedish Match AB, and Walsen International Inc. The key offerings of some of these vendors are listed below:

• Apex Match Consortium India Pvt. Ltd. -
  The company offers matches such as wooden, long stick, household, and wax safety matches.
• Atlas Atlantis - The company offers matches such as book matches and box matches.
• Chugai Match Co. Ltd. - The company offers matches under its brands Taikoshishi, 999, and Mitsudaiko.

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Market segmentation

• Based on type, the market is classified into ordinary matches and high-grade.
  
• Based on geography, the market is classified into North America, Europe, APAC, Middle East and Africa, and South America.

The ordinary matches segment will account for a significant share of the market growth during the forecast period. Ordinary matches are made with white phosphorus. The matches made from phosphorus sesquisulfide can be struck on any suitable surface. Ordinary matches are used widely across the world for a variety of purposes, such as camping, outdoor activities, emergency/survival situations, and as part of homemade survival kits. Therefore, the increasing applications of ordinary matches will drive the growth of this segment during the forecast period.

Vendor landscape
The matches market is fragmented, with the presence of global as well as regional vendors. Vendors operate in a highly competitive market. They enter into strategic partnerships and joint ventures with small and medium-sized enterprises to compete in the market. Most vendors compete based on factors such as formulations, purity, portfolio range, and services.

The report provides a full list of key vendors, their strategies, and the latest developments. buy now

Market dynamics

Major drivers and challenges -
Matches are recognized as safe for use , which is driving the market growth. They have various applications, such as lighting a fire, especially in rural areas with limited penetration of technology. Moreover, they are very easy and safe to use and handle. Matches are also widely used in places of worship to ignite candles and incense sticks. Thus, the increasing demand for matches is expected to drive the global matches market during the forecast period. However, the introduction of advanced fire-lighting tools is challenging the matches market growth. Alternatives such as automatic lighters have become popular among consumers. Rapid urbanization, improvement
in
living standards, and an increase in disposable income have slowed down the demand for matches. These factors will lead to a decline in the global matches market growth during the forecast period.

Key Trends - The growing alternative uses of matches are the key trend in the market. Matches are generally made of stiff paper or wooded sticks. While matches are generally used as an ignition substance, they also have several other uses. For example, matches can be used for a variety of projects and for creating games such as puzzles. Thus, the global matches market is expected to grow positively during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - view a sample report

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

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Matches Market Scope
Report Coverage	Details
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 1.55%
Market growth 2022-2026	USD 15.01 million
Market structure	Fragmented
YoY growth 2021-2022 (%)	1.05
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 29%
Key countries	US, China, India, Germany, and UK
Competitive landscape	Leading vendors, market positioning of vendors, competitive strategies, and industry risks
Key companies profiled	Apex Match Consortium India Pvt. Ltd., Atlas Atlantis, Bell Match Co., Bilal Safety Matches, Chugai Match Co. Ltd., D.D. Bean and Sons Co., Europe Match GmbH, Geewin Matches, Glovel Matches LLP, Kobe Match Co. Ltd., Malazlar Kibrit Sanayi ve Ticaret, Nizam Matches Pvt. Ltd., Pioneer Asia Group, Radiance Global Traders Pvt. Ltd., Rajashree Match Works, Royal Oak Enterprises LLC, Solo Matches and Flames AS, Swarna Match Factory, Swedish Match AB, and Walsen International Inc.
Market dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of contents

1 Executive Summary

• 1.1 Market overview
  • Exhibit 01: Executive Summary – Chart on Market Overview
  • Exhibit 02: Executive Summary – Data Table on Market Overview
  • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary – Chart on Market by Geography
  • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
  • Exhibit 06: Executive Summary – Chart on Incremental Growth
  • Exhibit 07: Executive Summary – Data Table on Incremental Growth
  • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
  • Exhibit 09: Parent market
  • Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
  • Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
  
  • Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
  
  • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
  • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
  • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
  • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
  • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
  
  • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
  
  • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
  
  • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
  
  • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
  • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
  • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
  • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
  • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
  • Exhibit 26: Chart on Comparison by Type
  • Exhibit 27: Data Table on Comparison by Type

• 5.3 Ordinary matches - Market size and forecast 2021-2026
  
  • Exhibit 28: Chart on Ordinary matches - Market size and forecast 2021-2026 ($ million)
  • Exhibit 29: Data Table on Ordinary matches - Market size and forecast 2021-2026 ($ million)
  • Exhibit 30: Chart on Ordinary matches - Year-over-year growth 2021-2026 (%)
  • Exhibit 31: Data Table on Ordinary matches - Year-over-year growth 2021-2026 (%)

• 5.4 High-grade - Market size and forecast 2021-2026
  
  • Exhibit 32: Chart on High-grade - Market size and forecast 2021-2026 ($ million)
  • Exhibit 33: Data Table on High-grade - Market size and forecast 2021-2026 ($ million)
  • Exhibit 34: Chart on High-grade - Year-over-year growth 2021-2026 (%)
  • Exhibit 35: Data Table on High-grade - Year-over-year growth 2021-2026 (%)

• 5.5 Others - Market size and forecast 2021-2026
  
  • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
  • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
  • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
  • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
  
  • Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
  
  • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
  
  • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
  • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
  
  • Exhibit 44: Chart on Geographic comparison
  • Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
  
  • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
  • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
  
  • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
  • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
  • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
  • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
  
  • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
  • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
  • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
  • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026
  
  • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
  • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
  • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
  
  • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
  • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
  • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
  
  • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
  • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
  • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
  • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Germany - Market size and forecast 2021-2026
  
  • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
  • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
  • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
  • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
  
  • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
  • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
  • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
  • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
  
  • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
  • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
  • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
  • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026
  
  • Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
  • Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
  • Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
  • Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
  
  • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
  
  • Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
  • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
  • Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
  • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
  • Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
  
  • Exhibit 92: Matrix on vendor position and classification

• 10.3 Apex Match Consortium India Pvt. Ltd.
  
  • Exhibit 93: Apex Match Consortium India Pvt. Ltd. - Overview
  • Exhibit 94: Apex Match Consortium India Pvt. Ltd. - Product / Service
  • Exhibit 95: Apex Match Consortium India Pvt. Ltd. - Key offerings

• 10.4 Atlas Atlantis
  • Exhibit 96: Atlas Atlantis - Overview
  • Exhibit 97: Atlas Atlantis - Product / Service
  • Exhibit 98: Atlas Atlantis - Key offerings

• 10.5 Chugai Match Co. Ltd.
  
  • Exhibit 99: Chugai Match Co. Ltd. - Overview
  • Exhibit 100: Chugai Match Co. Ltd. - Product / Service
  • Exhibit 101: Chugai Match Co. Ltd. - Key offerings

• 10.6 Europe Match GmbH
  • Exhibit 102: Europe Match GmbH - Overview
  • Exhibit 103: Europe Match GmbH - Product / Service
  • Exhibit 104: Europe Match GmbH - Key offerings

• 10.7 Kobe Match Co. Ltd.
  • Exhibit 105: Kobe Match Co. Ltd. - Overview
  • Exhibit 106: Kobe Match Co. Ltd. - Product / Service
  • Exhibit 107: Kobe Match Co. Ltd. - Key offerings

• 10.8 Pioneer Asia Group
  • Exhibit 108: Pioneer Asia Group - Overview
  • Exhibit 109: Pioneer Asia Group - Product / Service
  • Exhibit 110: Pioneer Asia Group - Key offerings

• 10.9 Royal Oak Enterprises LLC
  
  • Exhibit 111: Royal Oak Enterprises LLC - Overview
  • Exhibit 112: Royal Oak Enterprises LLC - Product / Service
  • Exhibit 113: Royal Oak Enterprises LLC - Key offerings

• 10.10 Solo Matches and Flames AS
  
  • Exhibit 114: Solo Matches and Flames AS - Overview
  • Exhibit 115: Solo Matches and Flames AS - Product / Service
  • Exhibit 116: Solo Matches and Flames AS - Key offerings

• 10.11 Swedish Match AB
  • Exhibit 117: Swedish Match AB - Overview
  • Exhibit 118: Swedish Match AB - Business segments
  • Exhibit 119: Swedish Match AB - Key offerings
  • Exhibit 120: Swedish Match AB - Segment focus

• 10.12 Walsen International Inc.
  
  • Exhibit 121: Walsen International Inc. - Overview
  • Exhibit 122: Walsen International Inc. - Product / Service
  • Exhibit 123: Walsen International Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
  
  • Exhibit 124: Inclusions checklist
  • Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$
  
  • Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology
  • Exhibit 127: Research methodology
  • Exhibit 128: Validation techniques employed for market sizing
  • Exhibit 129: Information sources

• 11.5 List of abbreviations
  
  • Exhibit 130: List of abbreviations

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