Global Electric Tealight Market Size study & Forecast, by Type (Remote Control, Non-Remote Control), by Application (Home & Personal, Commercial) and Regional Analysis, 2022-2029

Description

List of Tables

Global Electric Tealight Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Electric Tealight refers to small candles that are made from plastic and LED lights. These lights are available in either remote control or non-remote-control options. These lights are designed in such a way that mimics a natural bright look. It offer flickering functionality and comes with a longer battery life. Additionally, the electric tealight candles are easy to operate and are safe for kids & pets. It is flameless, smoke-free, zero hazardous. The increasing demand for electric candles and growing spending on home decoration products are key factors driving the market growth.

The increasing demand for LED lighting is contributing towards the growth of the Global Electric Tealight Market. For instance - according to Statista - in 2020, the global market for LED lighting was valued at USD 76 billion, and the market is projected to grow at a compound annual growth rate (CAGR) of over 13 percent to reach the value of USD 160 billion by 2026. Also, rising penetration of luxury hotel chains and growing emergence of smartphone-controlled lighting solutions would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Electric Tealight stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Electric Tealight Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing adoption of electric tealight candles over traditional candles in the region and presence of regional market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising adoption of electric lighting solutions for decoration of personal and commercial spaces and increasing penetration of luxury hotel chains and pubs in the region.

Major market players included in this report are:

IKEA
Wilko
T&H Candles Corp
Smart Candle Infom
National Artcraft Co.
Alcyon
PK Green Enterprise Ltd
Battery Operated Candles
The Glow Company UK Ltd.
AuraDecor

Recent Developments in the Market:

In January 2020, Brea, California based L&L Candle Co, a leader in LED flameless technologies announced to launch a new range of ultra-realistic flameless candle technology with their brand LightLi's, "Wick-to-Flame" candle series.

Global Electric Tealight Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Remote Control
Non-Remote Control

By Application

Home & Personal
Commercial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Electric Tealight Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Electric Tealight Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Electric Tealight Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Electric Tealight Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Electric Tealight Market Dynamics

3.1. Electric Tealight Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for LED lighting solutions
  - 3.1.1.2. Growing spending on home decoration products
- 3.1.2. Market Challenges
  - 3.1.2.1. High price of Electric Tealight
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising penetration of luxury hotel chains
  - 3.1.3.2. Growing emergence of smartphone-controlled lighting solutions

Chapter 4. Global Electric Tealight Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Electric Tealight Market, by Type

6.1. Market Snapshot
6.2. Global Electric Tealight Market by Type, Performance - Potential Analysis
6.3. Global Electric Tealight Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Electric Tealight Market, Sub Segment Analysis
- 6.4.1. Remote Control
- 6.4.2. Non-Remote Control

Chapter 7. Global Electric Tealight Market, by Application

7.1. Market Snapshot
7.2. Global Electric Tealight Market by Application, Performance - Potential Analysis
7.3. Global Electric Tealight Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Electric Tealight Market, Sub Segment Analysis
- 7.4.1. Home & Personal
- 7.4.2. Commercial

Chapter 8. Global Electric Tealight Market, Regional Analysis

8.1. Electric Tealight Market, Regional Market Snapshot
8.2. North America Electric Tealight Market
- 8.2.1. U.S. Electric Tealight Market
  - 8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Electric Tealight Market
8.3. Europe Electric Tealight Market Snapshot
- 8.3.1. U.K. Electric Tealight Market
- 8.3.2. Germany Electric Tealight Market
- 8.3.3. France Electric Tealight Market
- 8.3.4. Spain Electric Tealight Market
- 8.3.5. Italy Electric Tealight Market
- 8.3.6. Rest of Europe Electric Tealight Market
8.4. Asia-Pacific Electric Tealight Market Snapshot
- 8.4.1. China Electric Tealight Market
- 8.4.2. India Electric Tealight Market
- 8.4.3. Japan Electric Tealight Market
- 8.4.4. Australia Electric Tealight Market
- 8.4.5. South Korea Electric Tealight Market
- 8.4.6. Rest of Asia Pacific Electric Tealight Market
8.5. Latin America Electric Tealight Market Snapshot
- 8.5.1. Brazil Electric Tealight Market
- 8.5.2. Mexico Electric Tealight Market
- 8.5.3. Rest of Latin America Electric Tealight Market
8.6. Rest of The World Electric Tealight Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. IKEA
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Wilko
- 9.2.3. T&H Candles Corp
- 9.2.4. Smart Candle Infom
- 9.2.5. National Artcraft Co.
- 9.2.6. Alcyon
- 9.2.7. PK Green Enterprise Ltd
- 9.2.8. Battery Operated Candles
- 9.2.9. The Glow Company UK Ltd.
- 9.2.10. AuraDecor

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Electric Tealight Market, report scope
TABLE 2. Global Electric Tealight Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Electric Tealight Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Electric Tealight Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Electric Tealight Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Electric Tealight Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Electric Tealight Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Electric Tealight Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Electric Tealight Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Electric Tealight Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Electric Tealight Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Electric Tealight Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Electric Tealight Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Electric Tealight Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Electric Tealight Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Electric Tealight Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Electric Tealight Market
TABLE 70. List of primary sources, used in the study of global Electric Tealight Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Electric Tealight Market, research methodology
FIG 2. Global Electric Tealight Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Electric Tealight Market, key trends 2021
FIG 5. Global Electric Tealight Market, growth prospects 2022-2029
FIG 6. Global Electric Tealight Market, porters 5 force model
FIG 7. Global Electric Tealight Market, pest analysis
FIG 8. Global Electric Tealight Market, value chain analysis
FIG 9. Global Electric Tealight Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Electric Tealight Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Electric Tealight Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Electric Tealight Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Electric Tealight Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Electric Tealight Market, regional snapshot 2019 & 2029
FIG 15. North America Electric Tealight Market 2019 & 2029 (USD Billion)
FIG 16. Europe Electric Tealight Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Electric Tealight Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Electric Tealight Market 2019 & 2029 (USD Billion)
FIG 19. Global Electric Tealight Market, company Market share analysis (2021)