Hookah (Shisha) Tobacco market
Shisha tobacco is a mixture of tobacco, water, glycerin, flavor components, and aromatic substances, which is then smoked through a hookah apparatus. This flavored and aromatic tobacco is smoked by the majority of population due to its traits of relaxing an individual. With a number of flavor offerings for the product, the market is expected to undergo moderate growth in the forecast period due to its widespread adoption. Shisha also known as water pipe tobacco, argileh, maassel, hookah, or narghile in different region globally is a consumed for its relaxing and energizing effect. The shisha tobacco is molasses syrupy form of tobacco consumed through a water pipe or hookah and comes in different flavors.
Hookah tobacco is a type of combustible tobacco that is smoked with a hookah. It is also known as waterpipe tobacco, maassel and shisha. Several factors are driving the growth hookah tobacco market such as rapid rise in health consciousness, tobacco product manufacturers have invested in R&D of several low-risk tobacco products. As a result, these businesses have been able to maintain profits while also expanding their existing customer base. In addition, rising per capita income has given market participants more ways to raise product prices and shift toward premium products. It is consumed for its benefits that calm and energize the mind. Furthermore, growing hectic and stressful lifestyles have resulted in an increase in the number of both male and female smokers.
Global Hookah (Shisha) Tobacco market was valued at USD 1.44 billion in 2021 and is expected to reach USD 4.91 billion by the year 2028, at a CAGR of 19.11%.
Hookah (Shisha) Tobacco Market – Size, Competitive Landscape and Segmentation Analysis:
Hookah (Shisha) Tobacco Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focus on the impact of the Covid-19 epidemic on performance and offers a thorough examination of the current market and market dynamics. This crucial understanding of the report’s objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in a research to understand their future strategies for growth in the market.
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The key players covered in the Hookah (Shisha) Tobacco market report is:
- Godfrey Phillips India
- Eastern Tobacco
- Al-Tawareg Tobacco
- Social Smoke
- AL RAYAN Hookah
- Cloud Tobacco
- Haze Tobacco
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By Type, Hookah (Shisha) Tobacco has been segmented into:
- Single Flavor
- Mixed Flavor
By Distribution Channels, Hookah (Shisha) Tobacco has been segmented into:
- Bars and Cafes
- Specialty Stores
Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
- Asia-Pacific (China, India, Japan, Southeast Asia etc.)
- South America (Brazil, Argentina etc.)
- Middle East & Africa (Saudi Arabia, South Africa etc.)
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Covid-19 Impact and Recovery Analysis on Industry:
We’ve kept track of Covid-19’s direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Hookah (Shisha) Tobacco industry. The study categorises the Aerospace Carbon Fiber industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
Reasons to Purchase the Hookah (Shisha) Tobacco Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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