PUBLISHER: TechSci Research | PRODUCT CODE: 1881677
PUBLISHER: TechSci Research | PRODUCT CODE: 1881677
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The Global Tiki Torch Market, valued at USD 505.29 Million in 2024, is projected to experience a CAGR of 7.57% to reach USD 783.03 Million by 2030. A tiki torch is a pole-mounted decorative outdoor light, typically featuring a fluid reservoir and a wick to produce a flame, commonly crafted from materials such as bamboo or metal for ambient illumination and aesthetic enhancement of outdoor spaces. The market for these products is primarily driven by the increasing global emphasis on enhancing outdoor living environments for both residential and commercial applications, supported by rising disposable incomes and a growing consumer interest in home improvement and outdoor entertainment.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 505.29 Million |
| Market Size 2030 | USD 783.03 Million |
| CAGR 2025-2030 | 7.57% |
| Fastest Growing Segment | Conventional Fuel Tiki Torch |
| Largest Market | North America |
Key Market Drivers
The increasing global emphasis on enhancing outdoor living environments for both residential and commercial applications stands as a primary catalyst for the tiki torch market. Consumers are continually investing in transforming their patios, decks, and gardens into functional extensions of their indoor spaces. According to the International Casual Furnishings Association's 2025 Outdoor Living Trend Report, in March 2025, 59% of consumers planned to purchase new outdoor furniture or accessories, indicating a strong commitment to improving these areas. This trend directly fuels demand for decorative and functional outdoor products, including tiki torches, which serve to equip and adorn these expanded living zones.
Key Market Challenges
The fluctuating costs of raw materials represent a notable impediment to the growth of the Global Tiki Torch Market. The primary components for these products, such as bamboo, various metals, and the fuel required for their operation, are subject to significant price volatility. This directly impacts manufacturing expenses for producers, subsequently influencing the final retail pricing for consumers. Unpredictable material costs complicate strategic planning and budgeting for manufacturers, potentially leading to increased production costs or reduced profit margins if price increases cannot be fully passed on to buyers.
Key Market Trends
The integration of smart technology into tiki torches represents a pivotal trend, transforming these traditional outdoor lighting fixtures into modern, connected devices. Consumers are increasingly seeking convenience and enhanced control over their outdoor environments, leading to demand for features such as app-controlled illumination, scheduled operation, and seamless integration with broader smart home ecosystems. According to the National Association of Home Builders' 2024 "What Home Buyers Really Want" study, lighting control systems were identified as a home feature with significant growth in popularity over the last decade, highlighting a consumer desire for intelligent lighting solutions.
In this report, the Global Tiki Torch Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Tiki Torch Market.
Global Tiki Torch Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: