Global Hookah Tobacco Market 2024-2028
The hookah tobacco market is forecasted to grow by USD 705.2 mn during 2023-2028, accelerating at a CAGR of 4.57% during the forecast period. The report on the hookah tobacco 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 increasing launch of new products, growing popularity of hookah bars, lounges, and cafe culture, and rising number of organized retailing outlets.
Technavio's hookah tobacco market is segmented as below:
By Product
By Application
By Geographical Landscape
- Middle East and Africa
- Europe
- APAC
- North America
- South America
This study identifies the rising trend of online retailing as one of the prime reasons driving the hookah tobacco market growth during the next few years. Also, product innovation in global hookah tobacco market and rising population of millennials will lead to sizable demand in the market.
The report on the hookah tobacco market covers the following areas:
- Hookah tobacco market sizing
- Hookah tobacco market forecast
- Hookah tobacco 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 tobacco market vendors that include Al Fakher Tobacco Trading, Amazing Tobacco, ASA Produktions GmbH, British American Tobacco Plc, Chan Ning Dekang Biotechnology Co. Ltd., Cloud Tobacco, Eastern Tombac and Tobacco Est., FLAVORS OF Americas Co., Fumari, Haze Tobacco LLC, Hertz Flavors GmbH and Co. KG, Japan Tobacco Inc., La Montagne Verte Sarl, MUJEEB WAJID GROUP, Philip Morris International Inc., Romman Tobakko, Shisha Tobacco Factory, SOEX India Pvt. Ltd., Starbuzz Tobacco Inc., and Ugly Hookah. Also, the hookah tobacco 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.