NEW YORK, May 13, 2024 /PRNewswire/ -- The global smoking accessories market size is estimated to grow by USD 13.52 bn from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of 4% during the forecast period.
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Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
Market growth 2023-2027 |
USD 13.52 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
3.57 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 45% |
Key countries |
US, China, Japan, UK, and Germany |
Key companies profiled |
British American Tobacco Plc, Bull Brand Ltd., Chongz Ltd., Colibri, Curved Papers Inc., DICKSON CONCEPTS INTERNATIONAL LTD, Farman Handicrafts, GRAVITRON LLC, HBI International, House of Puff, Imperial Brands Plc, Jinlin HK Smoking Accessories Co. Ltd., MOONDUST PAPER PVT. LTD., North Eye Technology Pvt. Ltd., Rocky Patel Premium Cigars LLC, Scandinavian Tobacco Group AS, Three Dots Scientific and Handicrafts, Univac Furncrafts Pvt. Ltd., Vorsicht Glas GmbH, and XL Enterprises Ltd. |
Market Driver
The global smoking accessories market is experiencing significant growth due to an influx of new product launches and expansions. British American Tobacco's introduction of VUSE CBD Zone, their first CBD vaping product, in January 2021, is one such example. This market caters to various consumer needs, including cannabis consumption, health concerns, and smokeless alternatives. Products range from vapes and vaporizers, water pipes, and herb grinders, to filters, ashtrays, and marketing campaigns. Regulatory hurdles and governments' roles in advertising and sales further shape this industry. Keywords: cannabis consumption, health concerns, patches, lozenges, gums, regulatory hurdles, governments, advertising, sale, plant materials, pipes, bubbler & bongs, rolling paper & wraps, ashtrays, vapes & vaporizers, herb grinders, other accessories, grinders, bongs, smokeless alternative, Smokers, Consumers, Tobacco, Flavored tobacco, Water pipes, Vaporizers, Young population, Portability, Filtration, Medicinal herbs, Marketing campaigns, Health awareness, Vaping-related items, Cannabis legalization, Glass pipes.
Market Challenges
- The global smoking accessories market encompasses a range of products, including rolling papers, various tobacco flavors, menthol, nicotine-free alternatives, tobacco hookahs, premium products, and more. These accessories are used in cafes, restaurants, and other social settings, with popularity driven by college students, urban youth, and young professionals. However, stringent regulations, such as smoking bans in public places and restrictions on advertising, pose significant challenges to market growth. Additionally, the availability of nicotine replacement therapy and herbal alternatives is influencing consumer preferences. Key product types include grinders, rollers, vaporizers, lighters, and filters for both traditional pipes and modern devices. Aesthetically pleasing and functionally innovative accessories, as well as stylish lighters and intricate water pipes, cater to male and female smokers alike. Smokable herbs and herbal alternatives further expand the market scope.
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Segment Overview
This smoking accessories market report extensively covers market segmentation by
- Distribution Channel
- 1.1 Offline
- 1.2 Online
- Type
- 2.1 Vaporizer
- 2.2 Waterpipes
- 2.3 Rolling paper and cigarette tubes
- 2.4 Lighters
- 2.5 Others
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 Middle East and Africa
- 3.5 South America
1.1 Offline- The smoking accessories market encompasses a wide range of products, including rolling papers, flavors of tobacco, menthol, chocolate, and nicotine-free alternatives. Tobacco hookahs, premium products, and flavors continue to drive market growth, with popular misconceptions surrounding smoking accessories fueling demand. Retail establishments, such as supermarkets, hypermarkets, convenience stores, and clubhouse stores, offer a vast array of smoking accessories. These include grinders, rolling papers, vaporizers, and stylish lighters, catering to the preferences of college students, urban youth, and young professionals. Hookah smoking remains a favorite pastime at parties, clubs, bars, hotels, lounges, and social gatherings. Traditional pipes and modern devices coexist, with aesthetically pleasing and functionally innovative accessories adding to the allure. Mental addiction and cravings associated with nicotine and tobacco continue to be addressed through nicotine replacement therapy and nicotine-free alternatives. Smokable herbs and herbal alternatives further expand the market scope.
For more information on market segmentation with geographical analysis including forecast (2023-2027) and historic data (2017 - 2021) - Download a Sample Report
Research Analysis
The Smoking Accessories Market encompasses a wide range of products catering to Consumers of Tobacco and Cannabis. These include Water Pipes, Vaporizers, Glass Pipes, and Rolling Papers. Flavored Tobacco and Menthol are popular choices among Smokers, with additional offerings in Chocolate and Nicotine-free alternatives. Filtration systems are essential components, promoting Health Awareness among users. Portability is a significant factor driving demand for Vaping-related items like Vaporizers and Portable Water Pipes. Premium Products and Cafes/Restaurants also contribute to the Market's Popularity. Misconceptions surrounding the use of Smoking Accessories persist, necessitating ongoing Health Awareness campaigns. The Market's scope extends to Tobacco Hookah and Flavors, with an increasing focus on Medicinal Herbs and Cannabis Legalization. Availability of these products in various outlets, including Online Stores, further boosts Market growth.
Market Research Overview
The Smoking Accessories market encompasses a wide range of products used in the consumption of tobacco and related substances. These include pipes, papers, filters, lighters, ashtrays, and various smoking paraphernalia. Markets for tobacco products and smoking accessories exhibit unique characteristics, such as regulatory complexities and cultural nuances. Consumers seek convenience, quality, and innovation in their smoking accessories, driving demand for new and improved products. The market is also influenced by factors like demographics, health concerns, and economic conditions. Companies operating in this space must navigate regulatory frameworks and consumer preferences to remain competitive. The market for smoking accessories is a dynamic and evolving one, with ongoing trends shaping its future.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Distribution Channel
- Offline
- Online
- Type
- Vaporizer
- Waterpipes
- Rolling Paper And Cigarette Tubes
- Lighters
- Others
- Geography
- APAC
- North America
- Europe
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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