Tobacco Pipe Market Research Report 2022-2028 | Share, Global Trends, Key Players, Growth Analysis to 2028

The global tobacco pipe market is anticipated to grow at a CAGR of 1.5% during the forecast period (2022-2028).

It is a device that cools and filters smoke created by burning tobacco leaves. The major factor expected to drive the market growth is the significant prevalence of smoking. In addition, governments across various countries such as Australia and Canada have imposed a ban on the public use of cigarettes, which will lead people towards traditional methods such as tobacco pipes that provide similar benefits without causing any harm or damage and further drive the growth of the global tobacco pipe market during the forecast period. Additionally, by type, the briar type segment is expected to hold significant share in the market during the forecast period as it is the most common tobacco pipe and is usually made from Mediterranean or African wood that is easily found across the globe, making it a relatively low-cost material to produce compared to other materials used in manufacturing of these products.

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Some major players in the market include S. M. Frank & Co., Inc., Brigham Enterprises Inc., and FF Pipes & Tobacco, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in November 2021, Scandinavian Tobacco Group announced that the company acquired a majority stake in Moderno Opificio del Sigaro Italiano, MOSI - an Italian cigar company with approximately 40 employees and production facilities in Orsago in the northern part of Italy.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Age Group
o By Distribution Channel

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- S. M. Frank & Co., Inc., Brigham Enterprises Inc., and FF Pipes & Tobacco, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Tobacco Pipe Market Report by Segment

By Type
• Briar Type
• Meerschaum Type
• Corn Cob Type
• Others

By Age Group
• 18-60 Years
• Above 60 Years

By Distribution Channel
• Offline
o Specialty Stores
o Hypermarket/Supermarket
o Others (Independent Retail Stores)
• Online
o Company-Owned Website
o E-commerce Websites

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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.