Electronic gas lighters use a piezo-electric crystal that generates a high voltage when subjected to mechanical force. This voltage produces a spark across a spark gap, which ignites gas safely and efficiently. These lighters are widely used by domestic cooking gas consumers because they are durable, reliable, economical, and quick in operation. Unlike battery-operated alternatives, piezo-electric gas lighters require no external power source and virtually no maintenance, making them a practical solution for everyday household use.
Gas cigarette lighters commonly use liquefied butane as fuel. Traditional refillable models are manufactured from durable materials designed for long-term use and can be refilled using disposable gas cartridges or larger refill containers. Their robust construction contributes to higher manufacturing costs. Manufacturers have also attempted to develop disposable, non-refillable gas lighters to reduce production costs and improve convenience, although such products have historically faced commercial challenges.
According to the project report, the global cigarette lighter market was valued at US$ 6 Billion in 2018 and was projected to exceed US$ 8 Billion by 2024, registering a projected CAGR of 2.7% during the forecast period. The report highlights continued demand driven by household gas lighter applications, convenience products, and technological improvements in lighter design and manufacturing.
| Particular | Value |
|---|---|
| Plant Capacity | 100000 Nos/Day |
| Land & Building (2500 sq.mt.) | Rs. 1.54 Cr |
| Plant & Machinery | Rs. 2.29 Cr |
| Working Capital for 3 Months | Rs. 15.98 Cr |
| Total Capital Investment | Rs. 20.11 Cr |
| Rate of Return | 71% |
| Break Even Point | 23% |
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