AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Hookah market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Hookah market to grow at a CAGR of 2.45%.
The Distribution Channel, such as Offline Sales, is boosting the Hookah market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Hookah market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Availability of Herbal Flavour launches in Hookah Tobacco and Fast Development of E-Commerce Industry.
Hookah refers to the water pipe which is used to smoke flavoured, sweetened tobacco or sometimes cannabis or opium. Hookah is also known as narghile, shisha, hubble-bubble, shisha and goza. The pipe is usually long with one or more flexible tubing stems that allow multiple smoker to inhale tobacco at the same time. Tobacco smoking is a process of inhaling the tobacco smoke consisting of particle and gaseous phase
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Hookah market by Type (Fruit Flavor, Mixed Flavor, Herbal Flavor and Others), by Application (Hotels & Restaurants, Bars and Hookah Parlour) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market