Global Hookah Charcoal Market 2024-2028
The hookah charcoal market is forecasted to grow by USD 41.73 mn during 2023-2028, accelerating at a CAGR of 7.49% during the forecast period. The report on the hookah charcoal market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing number of bars and nightclubs, expansion of middle-class population and their growing disposable income, and rising demand for smoked tobacco products.
Technavio's hookah charcoal market is segmented as below:
By Distribution Channel
By Type
By Geography
- Middle East and Africa
- Europe
- APAC
- North America
- South America
This study identifies the growing demand for natural charcoal as one of the prime reasons driving the hookah charcoal market growth during the next few years. Also, rising popularity of flavored hookah and expansion of online distribution network will lead to sizable demand in the market.
The report on the hookah charcoal market covers the following areas:
- Hookah charcoal market sizing
- Hookah charcoal market forecast
- Hookah charcoal market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hookah charcoal market vendors that include COCO NARA, Cocoyaya, Firdauz Charcoal, Fumari, Haze Tobacco LLC, HookahJohn, Kaloud, LeOrange Smoke, Narine, Nu Tobacco, Red Cube International, Rene Schonefeld BV, Sagar Charcoal and Firewood Depot, Starbuzz Tobacco Inc., Starlight Charcoal, Swaraj Coal Corp., The Hookah Lab LLC, TOM Cococha GmbH and Co. KG, UrthTree, and Zomo America. Also, the hookah charcoal market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.