Industry Background:
Hookah and tobacco are the substance used for addition. Tobacco is prepared from leaves of the tobacco plant by curing them. Hookah is instruments used for smoking flavored of tobacco. There are various flavors are available in hookahs such as mix flavor, herbal flavor, and fruit flavor. Flavored hookah does not contain nicotine and it is not addictive as compared to cigarettes. Advanced technologies have supported the tobacco and hookah industry in automating manufacturing procedures, in contrast to traditional manufacturing techniques that were labor dependent.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Al Fakher (United Arab Emirates), Fumari (United States), Japan Tobacco (Japan), Middle East Tobacco (United Arab Emirates), ShopStarBuzz (United States), Fantasia (United States), Social Smoke (United States), Alchemist Tobacco (United States), Al-Tawareg Tobacco (Jorden) and Haze Tobacco (United States) |
According to AMA, the market for Tobacco and Hookah is expected to register a CAGR of 8.52% during the forecast period to 2028. This growth is primarily driven by Increasing Online Retailing and Fast Development of E- Commerce Industry.
Globally, a noticeable market trend is evident Attraction towards Different Flavors
Major Vendors, such as Al Fakher (United Arab Emirates), Fumari (United States), Japan Tobacco (Japan), Middle East Tobacco (United Arab Emirates), ShopStarBuzz (United States), Fantasia (United States), Social Smoke (United States), Alchemist Tobacco (United States), Al-Tawareg Tobacco (Jorden) and Haze Tobacco (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In October 2022, Today, Japan Tobacco (JT) revealed that its subsidiary JTI formed a joint venture (JV) with Altria Group (Altria), represented by its subsidiary PM USA, to promote and distribute heated tobacco sticks (HTS) products in the United States. These products are marketed with Ploom branded devices and Marlboro branded consumables. Additionally, the two companies have signed a long-term, non-binding global memorandum of understanding (MOU) to investigate potential commercial prospects for a diverse array of potentially reduced-risk products.
Influencing Trend:
Attraction towards Different Flavors and Adoption of Innovative and New Product
Market Growth Drivers:
Increasing Online Retailing and Fast Development of E- Commerce Industry
Challenges:
Stringent Government Regulations on Tobacco and Hookah Products and Increasing Popularity Of Substitutes
Restraints:
Rising Awareness of Health and Fitness and Increasing Confusion Using Legality Hookah
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Tobacco and Hookah Market
- Analysis about New Entrants in Tobacco and Hookah Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Tobacco and Hookah Study Sheds Light on
The Tobacco and Hookah Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Tobacco and Hookah industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Tobacco and Hookah industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.