Tobacco and Hookah Market Scope
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.
The market study is being classified by Type (Fruit Flavor, Mixed Flavor and Herbal Flavor), by Application (Hotels & Restaurants, Bars and Hookah Parlour) and major geographies with country level break-up. According to AMA, the Global Tobacco and Hookah market is expected to see growth rate of 8.52%
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Tobacco and Hookah market throughout the predicted period.
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) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Altria Group, Inc. (United States), Reynolds American Inc. (United States) and Philip Morris International Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Tobacco and Hookah market by Type, Application and Region.
On the basis of geography, the market of Tobacco and Hookah has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline Sales will boost the Tobacco and Hookah market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
6th August 2018, Japan Tobacco Inc. (a leading provider of hookah and tobacco) has acquired Bangladesh tobacco provider Akij Group. This deal was done for 1.5 billion dollar.
- Attraction towards Different Flavors
- Adoption of Innovative and New Product
- Increasing Online Retailing
- Fast Development of E- Commerce Industry
- Rising Awareness of Health and Fitness
- Increasing Confusion Using Legality Hookah
- Stringent Government Regulations on Tobacco and Hookah Products
- Increasing Popularity Of Substitutes
Key Target AudienceTobacco and Hookah Manufactures, Tobacco and Hookah Distributors/Retailors, Healthcare Industry, Private Research Organization, Government Research Organization and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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