PUBLISHER: Grand View Research | PRODUCT CODE: 1908561
PUBLISHER: Grand View Research | PRODUCT CODE: 1908561
The global tiki torch market size was estimated at USD 570.6 million in 2025 and is projected to reach USD 1,082.6 million by 2033, growing at a CAGR of 8.4% from 2026 to 2033. This growth is mainly driven by rising demand for these products to add an authentic ambiance to pools and lakes, along with retaining walls, or near outdoor entertaining or gathering areas.
Tiki torches are now integrated into various other lighting products, including landscape lighting for backyards, gardens, beaches, resorts, swimming pools, and beach parties across the globe, resulting in increased demand for these products. Many significant factors influence the consumers' purchase decisions for these products. Factors such as price, design, mount type, material, oil compatibility, size of the torch, and discounts & offers are among the most important factors that a consumer considers before purchasing.
Furthermore, there are numerous types of products available, each with a unique design. The most common types of torches based on mount type (placement) are tabletop, floor torches, and hanging torches. Hanging products are gaining more popularity compared to other products, as these products can be placed in compact spaces since they typically come with handles or hooks, allowing them to be hung anywhere. In addition, these products are sturdy and can withstand harsh climatic conditions.
Company-owned exclusive stores, retail outlets, and other types of brick-and-mortar stores significantly contribute to the total product sales in the market. However, online sales are increasing with the rising influence of social media, through which opinions and experiences are being shared digitally at a high rate. Thus, manufacturers are focusing on enhancing their online presence as well as offering valuable after-sales services to enhance the consumer's online shopping experience.
The market competitors compete fiercely with one another since some create unique and appealing tiki torches, have a sizable consumer base, and are well-known for their brands. The key players operating in the market are taking major initiatives to launch different types of essential oil-infused products to cater to the rising demand from consumers. In addition, showcasing their portfolio on e-commerce and online websites has emerged as one of the core business strategies for key companies.
Global Tiki Torch Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global tiki torch market based on product, placement, size, and region: