Global Hookah Charcoal Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hookah Charcoal Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The main use of natural coal is to provide the right amount of heat for the hookah for a long time. They are usually from coconut shells and are very environmentally friendly. Natural coal is more durable than their fast coal and is easier to smoke. They are usually cubic in shape and require a highly consistent heat source for smoking. Fast light charcoal consists of several different foundations that can ignite coal easily and quickly. They are usually coated with sulfur to help the charcoal heat up quickly.

Market Overview:

The latest research study on the global Hookah Charcoal market finds that the global Hookah Charcoal market reached a value of USD 60.61 million in 2022. It’s expected that the market will achieve USD 110.0 million by 2028, exhibiting a CAGR of 10.44% during the forecast period.

Risk Assessment on COVID-19

Since the beginning of this year, COVID-19 has caused more than 2 million deaths, and the number of casualties has continued to rise. From a social and public health perspective, the slow vaccination rate in certain economies so far is obviously disappointing, but it does not automatically lead people to feel pessimistic about the power of economic recovery. Although the global economy has resumed growth after shrinking by 4.3% in 2020, the epidemic has caused a large number of deaths and diseases, has plunged millions of people into poverty, and may inhibit economic activity and income for a long time.

Assuming widespread COVID-19 vaccine promotion throughout the year, by 2021, the global economy is expected to grow by 4%. As governments implement blockades on a global scale and restrict domestic and foreign travel, demand for services provided in these places is limited. The COVID-19 pandemic spread all over the world in a short period of time. It has adversely affected various global industries including the entertainment industry. Many countries have imposed blockades to contain the spread of the pandemic. This has a negative impact on the supply of labor, resulting in reduced or no production. The COVID-19 pandemic may restrict the hookah charcoal market in the next two years.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Segmentation Overview:

Among different product types, Natural Charcoal segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Offline segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Hookah Charcoal market covered in Chapter 3:

Fumari
Nu Tobacco
HookahJohn
Haze Tobacco LLC
Carbopol
COCOURTH
Lizzaik General Trading
Pharaohs Hookahs

In Chapter 4 and Chapter 14.2, on the basis of types, the Hookah Charcoal market from 2018 to 2029 is primarily split into:

Quick Light Charcoals
Natural Charcoal

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hookah Charcoal market from 2018 to 2029 covers:

Offline
Online

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)