Outdoor Ambience, Elevated: The Rising Demand for Decorative Torches
The global tiki torch market is expected to reach USD 839.07 million by 2030, according to a new report by Grand View Research, Inc. These torches have gained immense popularity in the recent years since they enhance the appearance of a garden and backyard during the day, offer a light at night, and contribute to the creation of a serene environment. The demand for tiki torches is expected to witness significant growth in the years to come due to the increasing consumer demand for outdoor decoration products in the residential sector coupled with the rising disposable income. Also, over the past few years, there has been a rise in the commercial utility of tiki torches, with numerous commercial offices/ spaces, restaurants, hotels, public gardens, and public centers using tiki torches in their outdoor spaces as a means of enhancing the aesthetics and ambiance of outdoor spaces. Relative to every other region over the forecast period, North America and Europe ar...