Global Hookah Tobacco Market Size By Type (strong, mild, and light), By Flavor (Fruit Flavor, Confectionary Flavor, Spices), By Distribution Channels (Direct Channel and Indirect Channel), By Geographic Scope And Forecast
Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Hookah Tobacco Market Size By Type (strong, mild, and light), By Flavor (Fruit Flavor, Confectionary Flavor, Spices), By Distribution Channels (Direct Channel and Indirect Channel), By Geographic Scope And Forecast
Hookah Tobacco Market Size And Forecast
Hookah Tobacco Market size was valued at USD 996.31 Million in 2024 and is projected to reach USD 1648.88 Million by 2031, growing at a CAGR of 6.50 % during the forecast period 2024-2031.
Numerous aspects have an impact on the Hookah Tobacco business, affecting its expansion, demand, and overall industry environment. In the Market for tobacco used in hookahs, consumer trends, and tastes are extremely important. The Market for Hookah Tobacco products is impacted by shifts in customer preferences for flavored tobacco, inventive blends, and distinctive experiences. To effectively accommodate changing consumer preferences, manufacturers and retailers must keep up with the latest trends in consumer tastes. The Global Hookah Tobacco Market report delivers a holistic evaluation. The report thoroughly analyzes key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the Market.
Global Hookah Tobacco Market Definition
Hookah refers to smoking pot in Arab and it is also called a water pipe or shisha. It is a device with a waterpipe to inhale tobacco smoke through a water basin. The tobacco used in a hookah is heated using burning charcoal which is placed at the head of the water pipe. Earlier, hookah was commonly found in the Middle Eastern culture; however, it has now gained popularity in major parts of the world.
The prominent reason behind the popularity of hookah can be attributed to the availability of Hookah Tobacco in varied flavors. The sweet, fruity, and candy flavors and aromas of Hookah Tobacco have appealed to the users.
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Global Hookah Tobacco Market Overview
Due to its social aspect and cultural significance, hookah smoking has become more and more popular all over the world. Numerous users enjoy the communal smoking sessions and use of flavored tobacco that are part of the hookah experience. The Market has grown as a result of the social acceptability of hookah smoking as a leisure activity and a way to unwind.
Manufacturers of Hookah Tobacco frequently release brand-new tastes and cutting-edge blends to meet the changing desires of consumers. Customers can choose from a wide variety of flavors, including mint, fruit, dessert, and exotic blends, for a unique and adaptable experience. The popularity of Hookah Tobacco products is fueled by the availability of exotic and alluring tastes.
The Market for Hookah Tobacco has grown dramatically as a result of the proliferation of hookah lounges and cafes. These locations offer a setting where people can socialize while smoking a hookah with friends or strangers. High-quality Hookah Tobacco products are in demand as a result of the growth in the popularity of hookah lounges among consumers.
Globalization and trade between nations enhance the Hookah Tobacco Market by enabling producers to get premium tobacco from many places and satisfy worldwide demand. International trading expands Market options and meets consumer preferences by providing access to a wide variety of tobacco tastes and kinds.
Global Hookah Tobacco MarketSegmentation Analysis
The Global Hookah Tobacco Market is segmented on the Basis of Distribution Channels, Type, Flavor, and Geography.
Hookah Tobacco Market, By Type
- Strong
- Mild
- Light
Based on the Type, the Global Hookah Tobacco Market has been segmented into strong, mild, and light. Stronghookah tobacco accounted for the largest Market in 2022 during the forecast period. Mild Hookah Tobacco was the second-largest Market in 2022. However, light Hookah Tobacco is projected to grow at a substantial rate over the forecast period. Hookah Tobacco can be distributed through various direct channels such as specialized parlors, restaurants, bars, and cafes offering the option of smoking hookah. Sharing Hookah Tobacco has become a widespread practice, particularly among young people.
Cafés and restaurants offering hookah have capitalized on this by incorporating it into their menu of services. Hookah Tobacco became the centerpiece of these settings, legitimizing their use in social gatherings. Hookah Tobacco cafés and restaurants are proliferating around the world, fostering this form of tobacco consumption. Tobacco stores and hookah bars continue to operate regardless of the widespread adoption of smoke-free workplace legislation in many states and localities.
Hookah Tobacco Market, By Flavor
- Fruit Flavor
- Confectionary Flavor
- Spices
- Beverages
- Others
Based on the Flavor, the Global Hookah Tobacco Market has been segmented intoFruit Flavor, Confectionary Flavor, Spices, Beverages, and Others. Fruit flavor accounted for the largest in 2022, during the forecast period. Spice flavor was the second-largest Market in 2022. The segment is projected to grow at a significant rate over the forecast period. The Market is growing on account of the rising trend of newly added flavors in Hookah Tobacco. Hookah Tobacco can be distributed through various direct channels such as specialized parlors, restaurants, bars, and cafes offering the option of smoking hookah.
Sharing Hookah Tobacco has become a widespread practice, particularly among young people. Cafés and restaurants offering hookah have capitalized on this by incorporating it into their menu of services. Hookah Tobacco became the centerpiece of these settings, legitimizing their use in social gatherings. Hookah Tobacco cafés and restaurants are proliferating around the world, fostering this form of tobacco consumption. Tobacco stores and hookah bars continue to operate regardless of the widespread adoption of smoke-free workplace legislation in many states and localities.
Hookah Tobacco Market, By Distribution Channels
- Direct Channel
- Indirect Channel
Based on the Distribution Channels, the Global Hookah Tobacco Market has been segmented into Direct Channels and Indirect Channels. Direct channel accounted for the largest Market in 2022 and is anticipated to grow at a significant rate during the forecast period. The indirect channel was the second-largest Market in 2022. Increasing social acceptance of Hookah Tobacco in cafes and lounges are acting as an opportunity for the Market.
Tobacco stores and hookah bars continue to operate regardless of the widespread adoption of smoke-free workplace legislation in many states and localities. They are often exempted from the requirements prohibiting smoking in public places as they sell tobacco and are classified primarily as tobacco retail establishments. The retail exemption has sometimes been interpreted to mean that patrons can sample the tobacco products they purchase on-site.
Hookah Tobacco Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Based on the Regional Analysis, the Global Hookah Tobacco Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. MEA accounted for the largest Market share and Europe was the second largest in 2022. Hookah Tobacco is often used in social settings with peers. The social acceptability of Hookah Tobacco usage among college and university students has also escalated the incidents of peer influence on hookah initiation and use. According to surveys it has been found that students believe that Hookah Tobacco use is not and/or less addictive than cigarettes and they can quit at any time, and it fueled the Hookah Tobacco consumption by more than 5-fold. The curiosity among the younger generation to try new smoking habits has also been one of the prominent factors driving them to use Hookah Tobacco.
Key Players
The “Global Hookah Tobacco Market” study report will provide valuable insight with an emphasis on the Global Market including some of the major players such as Eastern Tobacco, Nakhla, Godfrey Phillips India, Starbuzz, Middle East for Tobacco Company (METCO) (AL-WAHA), Alzawrae Company (Mazaya) and others.
Our Market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, Market share, and Market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The ace matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of Market attractiveness provided would further help to get information about the region that is majorly leading in the Global Hookah Tobacco Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Hookah Tobacco Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Eastern Tobacco, Nakhla, Godfrey Phillips India, Starbuzz, Middle East for Tobacco Company (METCO) (AL-WAHA), Alzawrae Company (Mazaya) |
SEGMENTS COVERED | By Distribution Channels, By Type, By Flavor, and By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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