Smoking Pipe Market By Type (Bong, Hookah, Chalice, Others), By Age Group (Below 18 years, 18 to 30 years, 30 to 50 years, Above 50 years), By Distribution Channel (Offline, Online): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global smoking pipe market was valued at $2.0 billion in 2021, and is projected to reach $3.1 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031. The market for smoking pipes is mostly driven by online shopping platforms. At the moment, the majority of companies that produce smoking accessories have their own online shops where customers can obtain information about product debuts, features, demos, prices, and other necessary details. Due to the wide range of product alternatives and price comparisons offered by internet retailers, more people are buying online. Due of the lack of investment in physical outlets, this is advantageous for merchants. Additionally, consumers are increasingly preferring to shop online since they can read reviews left by other customers, compare different businesses and products, and check the costs of other sellers. As a result, the market for smoking pipes is expanding due to an increase in online sales channels.
The global smoking pipe market is segmented into types, age group, distribution channel, and region. On the basis of types, the market is classified into bong, hookah, chalice, and others. By age group, it is bifurcated into below 18 years, 18 to 30 years, 30 to 50 years, and above 50 years. As per distribution channel, it is categorized into online and offline. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the 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).
The impact of the COVID-19 outbreak was moderate on the growth of the global smoking pipe market. Rise in internet penetration and surge in e-commerce sales contributed toward the growth of the market. However, trade restrictions and lockdown resulted into halting of production and manufacturing units. Conversely, the recovery of the smoking pipe market is expected in near future.
Due to the existence of nations like India, China, Australia, and others, the Asia-Pacific region presents lucrative expansion potential for operational players. The market for smoking pipes is expanding primarily due to rising consumer disposable income and rising population numbers. Developing nations provide market participants with prospective growth prospects for the introduction of novel smoking pipes, which further fuels market expansion.
The major players operating in the global smoking pipe market are Ashton Cigars, BBK Tobacco & Foods, LLP, British American Tobacco PLC, Bull Brand, C.Gars Ltd., Chongz, Imperial Brands, Jinlin (HK) Smoking Accessories Co., Ltd., Kristein Pipe Co. Inc, Missouri Meerschaum Company, Mr. Brog, Nording Pipes, Peterson, The Pipe Outlet, and Univac Furncrafts Pvt. Ltd.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the smoking pipe market analysis from 2021 to 2031 to identify the prevailing smoking pipe market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the smoking pipe market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global smoking pipe market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Bong
Hookah
Chalice
Others
By Age Group
Below 18 years
18 to 30 years
30 to 50 years
Above 50 years
By Distribution Channel
Offline
Online
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Switzerland
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest Of Asia Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
British American Tobacco PLC
Bull Brand
C.Gars Ltd.
Chongz
Imperial Brands PLC
Jinlin (HK) Smoking Accessories Co., Ltd.
Kristein Pipe Co. Inc
Missouri Meerschaum Company
Mr. Brog
Nording Pipes
Peterson Ltd
The Pipe Outlet
Univac Furncrafts Pvt. Ltd.
Ashton Cigars
BBK Tobacco and Foods, LLP
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