As of 2023, the import value of non-refillable pocket lighters and gas-fueled lighters to Italy was a little above $13 million. Forecast data from 2024 to 2028 indicates a consistent and gradual decline with values starting at $12.934 million in 2024 and reaching $12.148 million by 2028. This signifies a year-on-year decrease, wherein the two years preceding 2024 saw a steeper drop as compared to the subsequent years. The Compound Annual Growth Rate (CAGR) over this five-year period reflects a modest negative trend suggesting a steady decline in imports.
Future trends to watch for:
- Shifts in consumer preferences towards more sustainable or reusable products.
- Impact of potential regulations concerning disposable plastic products.
- Market adjustments based on environmental concerns regarding non-refillable lighters.
- Technological advancements offering alternative lighting solutions.