Vietnam Tiki Torch Market Report Size, Share, Growth Drivers, Trends, Opportunities & Forecast 2025–2030

Vietnam Tiki Torch Market Overview

• The Vietnam Tiki Torch Market is valued at USD 18 million, based on a five-year historical analysis. This growth is primarily driven by the increasing popularity of outdoor activities and events, coupled with a rising trend in home and garden beautification, rising demand for ambiance in outdoor entertaining areas such as yards, gardens, and pool parties, and growing interest in bug-repellent and nature-inspired designs. The demand for tiki torches has surged as consumers seek to enhance their outdoor spaces for leisure and entertainment purposes.
• Key cities such as Ho Chi Minh City and Hanoi dominate the market due to their vibrant tourism sectors and a high concentration of hospitality businesses. These urban areas are also witnessing a growing trend in outdoor dining and social gatherings, which further fuels the demand for tiki torches as decorative and functional lighting solutions.
• The Circular Economy Promotion Law, 2022 issued by the National Assembly of Vietnam requires manufacturers of lighting products including tiki torches to meet recycling quotas for materials, comply with extended producer responsibility standards, and use at least 30 percent recycled content in new products, promoting sustainable materials and practices across the supply chain.

Vietnam Tiki Torch Market Segmentation

By Type:The market is segmented into various types of tiki torches, including Conventional Fuel Tiki Torches, Bug-Repellent Fuel Tiki Torches, Solar-Powered Tiki Torches, LED Tiki Torches, and Decorative & Themed Tiki Torches. Each type caters to different consumer preferences and usage scenarios, influencing their market presence.

By End-User:The end-user segmentation includes Residential (Homes, Villas, Condominiums), Hospitality & Tourism (Hotels, Resorts, Beach Clubs), Foodservice & Entertainment (Restaurants, Cafés, Bars, Events), Event Management & Rental Companies, and Others (Public Parks, Community Spaces). Each segment reflects distinct usage patterns and purchasing behaviors.

Vietnam Tiki Torch Market Competitive Landscape

The Vietnam Tiki Torch Market is characterized by a dynamic mix of regional and international players. Leading participants such as TIKI Brand (LAMPLIGHT FARMS INC.), Fire Fly Fuels, Inc., Blomus GmbH, Mayo Hardware Pty Ltd (HPM & Kiwi Brands), Desert Steel, H Potter, Burnaby Manufacturing Ltd, Focus Industries, Inc., BOBÉ Water & Fire Features, DECOWINDOW (Jayanita Exports Pvt. Ltd.), Shopee Vietnam (Sea Group), Lazada Vietnam, Tiki Corporation (Tiki.vn), Local Vietnam OEM Outdoor Lighting Manufacturers, TikTok Shop Vietnam (as a Distribution Channel Partner) contribute to innovation, geographic expansion, and service delivery in this space.

Vietnam Tiki Torch Market Industry Analysis

Growth Drivers

• Increasing Outdoor Activities:The Vietnamese population is increasingly engaging in outdoor activities, with over 66 million people participating in recreational events annually. This trend is supported by a growing middle class, which is projected to reach 35% of the population in future. As outdoor gatherings become more popular, the demand for tiki torches as decorative and functional lighting solutions is expected to rise significantly, enhancing the ambiance of outdoor spaces.
• Rising Demand for Aesthetic Lighting Solutions:The Vietnamese market is witnessing a surge in demand for aesthetic lighting solutions, with the decorative lighting segment expected to grow by 16% in future. This growth is driven by urbanization and an increase in home improvement projects, as 48% of homeowners are investing in outdoor aesthetics. Tiki torches, known for their visual appeal, are becoming a preferred choice for enhancing outdoor environments, thus driving market growth.
• Growth in Hospitality and Event Management Sectors:Vietnam's hospitality sector is projected to grow by 11% in future, with over 20 million international tourists expected to visit. This growth is fostering a demand for outdoor event solutions, including tiki torches, which are increasingly used in hotels, resorts, and event venues. The integration of tiki torches into outdoor settings enhances guest experiences, making them a valuable asset for the hospitality industry.

Market Challenges

• Competition from Electric Lighting Solutions:The tiki torch market faces significant competition from electric lighting solutions, which are gaining popularity due to their convenience and energy efficiency. In future, the electric lighting segment is expected to capture 42% of the outdoor lighting market share in Vietnam. This shift poses a challenge for tiki torch manufacturers to innovate and differentiate their products to maintain market relevance.
• Regulatory Compliance Issues:Compliance with safety and environmental regulations is a growing challenge for the tiki torch market. In future, the Vietnamese government is expected to enforce stricter regulations on outdoor lighting products, particularly concerning fuel usage and emissions. Manufacturers must adapt to these regulations, which may increase production costs and complicate supply chains, impacting overall market growth.

Vietnam Tiki Torch Market Future Outlook

The future of the Vietnam tiki torch market appears promising, driven by increasing outdoor activities and a growing preference for aesthetic lighting solutions. As the hospitality sector expands, the demand for decorative outdoor lighting will likely rise. Additionally, the trend towards eco-friendly products and solar-powered options is expected to gain traction, aligning with consumer preferences for sustainability. Companies that innovate and adapt to these trends will be well-positioned to capture market share in the coming years.

Market Opportunities

• Expansion into E-commerce Platforms:The rise of e-commerce in Vietnam presents a significant opportunity for tiki torch manufacturers. With online retail sales projected to reach $25 billion in future, companies can leverage digital platforms to reach a broader audience. This shift allows for increased visibility and accessibility, enabling consumers to purchase tiki torches conveniently, thus driving sales growth.
• Development of Innovative Designs:There is a growing opportunity for manufacturers to develop innovative tiki torch designs that cater to diverse consumer preferences. With 75% of consumers expressing interest in customizable products, companies can capitalize on this trend by offering personalized options. This approach not only enhances customer satisfaction but also differentiates brands in a competitive market, fostering loyalty and repeat purchases.