Press release
Exploring the Hookah Tobacco Market Future Trends, Top Companies, Developments and Forecast by 2030
Increase in consumption of hookah, adoption of innovative product marketing and promotion techniques, and availability of wide range of products drive the growth of the global hookah tobacco market. However, emergence of nicotine replacement products and negative impact of tobacco on health hinder the market growth. On the other hand, rise in demand for flavored and novel hookah tobacco products and usage of nicotine-free hookah tobacco create new opportunities in the coming years.
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The hookah tobacco market size is expected to reach $1,696.4 million by 2030, registering a CAGR of 6.5% from 2021 to 2030.
The market for hookah tobacco has migrated from developed countries to developing economies including India, Africa, Indonesia, and Iran. Growing popularity for theme based bar and café, availability of numerous flavors and increasing consumer base are likely to drive the growth of the hookah tobacco market during the forecast period.
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Hookah tobacco is tobacco smoked with a hookah or waterpipe. It is also known as maassel, waterpipe tobacco, argileh, or nargileh. It comes in different flavors such as mint, apple, cherry, coconut, chocolate, cappuccino, licorice, and watermelon. Hookah tobacco is a syrupy kind of tobacco in molasses used by a pipe or a hookah and is available in numerous ways. Hookah tobacco is generally consumed for its relaxing and energizing effect. It is gaining popularity because of the emerging culture of theme based café and the growing inclination of consumers toward its flavored consumption.
According to the hookah tobacco market analysis, the market segmented into flavor, distribution channel, age group and region. On the basis of flavor, the market is categorized into fruits, mint, chocolate and others. On the basis of distribution channel, the market is segmented into, bars and cafes, specialty stores, online and others. By age group, market is categorized into, below 18 years, 18 to 30 years, 30 to 50 years and above 50 years. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Switzerland and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa and Rest of LAMEA).
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Leading players of the global hookah tobacco market analyzed in the research include Japan Tobacco, Inc., Metco Ltd., Alzawrae Industrial Company, Cloud Tobacco, Inc., Al Fakher Tobacco Trading LLC, Fumari, Inc., Mujeebsons, Al Andalus Flavoured Tobacco & Molasses Co. LLC, Haze Tobacco, LLC, and Social Smoke, Inc.
Key Findings Of The Study
The hookah tobacco market size was valued at $824.8 million in 2020, and is estimated to reach $1,696.4 million by 2030, registering a CAGR of 6.5% from 2021 to 2030.
By flavor, the fruits segment is estimated to witness the significant growth, registering a CAGR of 7.4% during the forecast period.
In 2020, depending on distribution channel, the online segment was valued at $87.8 million, accounting for 10.6% of the global hookah tobacco market share.
By age group, the above 50 year segment is estimated to witness the significant growth, registering a CAGR of 6.7% during the forecast period.
In 2020, the China was the most prominent market in Asia Pacific, and is projected to reach $219.9 million by 2030, growing at a CAGR of 6.0% during the forecast period.
Read More Info: https://www.alliedmarketresearch.com/hookah-tobacco-market-A06663
David Correa
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Request Sample Report @ https://www.alliedmarketresearch.com/request-sample/7028
The hookah tobacco market size is expected to reach $1,696.4 million by 2030, registering a CAGR of 6.5% from 2021 to 2030.
The market for hookah tobacco has migrated from developed countries to developing economies including India, Africa, Indonesia, and Iran. Growing popularity for theme based bar and café, availability of numerous flavors and increasing consumer base are likely to drive the growth of the hookah tobacco market during the forecast period.
Buy Now and Get Discount: https://www.alliedmarketresearch.com/checkout-final/78c1b3788930d89a1715c9746ba1dfd4
Hookah tobacco is tobacco smoked with a hookah or waterpipe. It is also known as maassel, waterpipe tobacco, argileh, or nargileh. It comes in different flavors such as mint, apple, cherry, coconut, chocolate, cappuccino, licorice, and watermelon. Hookah tobacco is a syrupy kind of tobacco in molasses used by a pipe or a hookah and is available in numerous ways. Hookah tobacco is generally consumed for its relaxing and energizing effect. It is gaining popularity because of the emerging culture of theme based café and the growing inclination of consumers toward its flavored consumption.
According to the hookah tobacco market analysis, the market segmented into flavor, distribution channel, age group and region. On the basis of flavor, the market is categorized into fruits, mint, chocolate and others. On the basis of distribution channel, the market is segmented into, bars and cafes, specialty stores, online and others. By age group, market is categorized into, below 18 years, 18 to 30 years, 30 to 50 years and above 50 years. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Switzerland and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa and Rest of LAMEA).
Enquiry Before Purchasing @ https://www.alliedmarketresearch.com/purchase-enquiry/7028
Leading players of the global hookah tobacco market analyzed in the research include Japan Tobacco, Inc., Metco Ltd., Alzawrae Industrial Company, Cloud Tobacco, Inc., Al Fakher Tobacco Trading LLC, Fumari, Inc., Mujeebsons, Al Andalus Flavoured Tobacco & Molasses Co. LLC, Haze Tobacco, LLC, and Social Smoke, Inc.
Key Findings Of The Study
The hookah tobacco market size was valued at $824.8 million in 2020, and is estimated to reach $1,696.4 million by 2030, registering a CAGR of 6.5% from 2021 to 2030.
By flavor, the fruits segment is estimated to witness the significant growth, registering a CAGR of 7.4% during the forecast period.
In 2020, depending on distribution channel, the online segment was valued at $87.8 million, accounting for 10.6% of the global hookah tobacco market share.
By age group, the above 50 year segment is estimated to witness the significant growth, registering a CAGR of 6.7% during the forecast period.
In 2020, the China was the most prominent market in Asia Pacific, and is projected to reach $219.9 million by 2030, growing at a CAGR of 6.0% during the forecast period.
Read More Info: https://www.alliedmarketresearch.com/hookah-tobacco-market-A06663
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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