LAMEA Tiki Torch Market Size, Share & Industry Trends Analysis Report By Product, By Placement (Standing, Tabletop and Hanging), By Size (Above 60 Inch, 42 Inch, 55 Inch, 40 Inch and 32 Inch), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Tiki Torch Market would witness market growth of 10.7% CAGR during the forecast period (2022-2028).
By taking off the ring that holds the wick, the majority of outdoor torches may be refilled from the top. To start, it is made sure the torch is cool. The ring on the wick is then spun until it comes off. Fuel is injected into the container using a metal or plastic funnel, filling it up to two-thirds with fuel. The ring is fastened once the wick is changed. The gasoline container is immediately sealed and kept in a cool location.
The first impressions that stand out for being distinctive and adaptable are produced by outdoor garden torches. A range of materials, such as bronze, copper, and even stainless steel, are used to create torches. Selecting a model will not change the functionality since it is consistent across all of these styles. It is a common misconception that larger tiki torches emit flames that are towering and lengthy. The size of the wick, which may be challenging to tap just so, determines the size of the flame and the brightness of the light. The Tiki torches are around 5 feet tall. Even yet, there are still differences in height. If pets and children will be present, the torches should be raised.
Under the Saudi Arabian government’s Vision 2030, an investment of over $65 billion to develop the country’s healthcare infrastructure is planned. Also, it aims to raise the private sector contribution from 40% to 65% by the year 2030, which will target the privatization of 290 hospitals and 2,300 primary health centers. The healthcare sector in Qatar ranks 4th best in the world. The industry is also expected to gain prominence as a medical tourism spot, a significant driver of the country’s economic diversification strategy.
The Brazil market dominated the LAMEA Tiki Torch Market by Country in 2021; thereby, achieving a market value of $11.9 million by 2028. The Argentina market is experiencing a CAGR of 11.3% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 10.4% during (2022 - 2028).
Based on Product, the market is segmented into Bug Repellant Fuel and Conventional Fuel. Based on Placement, the market is segmented into Standing, Tabletop and Hanging. Based on Size, the market is segmented into Above 60 Inch, 42 Inch, 55 Inch, 40 Inch and 32 Inch. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Tiki Torch Market is Projected to reach USD 702.4 Million by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fire Fly Fuels, Inc., Burnaby Manufacturing Ltd., blomus GmbH, Desert Steel, Inc., H Potter Marketplace, Inc., Focus Industries, Inc., Bobé Water & Fire LLC (Custom Molded Products, Inc.), Jayanita Exports Pvt. Ltd. (Deco Window)
Scope of the Study
Market Segments Covered in the Report:
- Bug Repellant Fuel
- Conventional Fuel
- Above 60 Inch
- 42 Inch
- 55 Inch
- 40 Inch
- 32 Inch
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Fire Fly Fuels, Inc.
- Burnaby Manufacturing Ltd.
- blomus GmbH
- Desert Steel, Inc.
- H Potter Marketplace, Inc.
- Focus Industries, Inc.
- Bobé Water & Fire LLC (Custom Molded Products, Inc.)
- Jayanita Exports Pvt Ltd. (Deco Window)
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