openPR Logo
Press release

Shisha Tobacco Market is projected to Record a CAGR of 4% by 2032, Says Future Market Insights, Inc.

Shisha Tobacco

Shisha Tobacco

The shisha tobacco market is estimated at US$ 19 Bn in 2022 and is projected to reach US$ 26 Bn by 2032, at a CAGR of 2.8% from 2017 to 2021. Share of shisha tobacco market in its parent market (tobacco market) is close to ~4%.

Shisha tobacco use is typically done with friends and is an important part of several cultures' social gatherings and events. These days, college and university life have been incorporated into this culture. Additionally, water pipe use is frequently shared among friends and family. This is due to two reasons: first, it lowers the cost of shisha tobacco use; second, and more emotionally, it fosters a sense of brotherhood, especially among the male demographic, and makes them feel more accepted in society. Due to this tradition, there are now more cafes, restaurants, and lounges that offer a variety of services, including shisha tobacco services.

The spread has made water pipe smoking more widely accessible locally and encouraged young people in various nations to seek out unique neurostimulating activities. This characteristic of shisha tobacco fits in well with the rapid expansion of cafes, restaurants, and lounges around the world.

Request Sample Report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-7590

The booming hotel, restaurant, and cafe (HoReCa) industry, particularly in developing nations, has coincided with the rebirth of the water pipe smoking tradition in nations like India, where young shisha tobacco use has moved beyond rural areas and into urban ones. Hookah cafes have proliferated in urban regions of affluent nations like the U.S., particularly near college campuses. Because of this simple accessibility, the industry expansion in

Consumer delusion that shisha tobacco is less harmful than other forms of tobacco consumption currently guides the market growth. However, as consumers get familiar with the complete truth about the harmful effects of shisha tobacco, the market growth is likely to be affected.

The above-mentioned factors are helping the shisha tobacco market to grow rapidly and with the rising awareness regarding health concerns, manufacturers are innovating and supplying herbal shisha tobacco that is likely to be less harmful compared to the original shisha tobacco.

Key Takeaways from the Shisha tobacco Market Study

Strong shisha tobacco to capture approximately a prominent share in 2021. However, through 2032, demand for the light variant of shisha tobacco is expected to gain traction due to the rising awareness regarding various health concerns.
Direct distribution of shisha tobacco is likely to generate a significant revenue during the forecast period. However, with the changing purchasing preferences of individuals, online retailers are likely to hold the maximum market share by 2032.

Impact of COVID-19 on the Market

The COVID-19 pandemic had prompted a growing list of event cancellations and closures, as health officials urge the public to avoid large crowds. Moreover, the shutdown of industries, manufacturing plants, and rise in unemployment leads to the growth of shortage of material thus, rise in dependency of developing countries on developed countries.

Additionally, the ban on trading and changing preferences of individuals, and rising health concerns lead individuals to adopt healthy habits. Moreover, the closed café, bars, and restaurants gave no option to individuals especially millennials, thus, dropping the sales and demand in the shisha tobacco market.

Who is Winning?

Leading manufacturers of shisha tobacco are focused on introducing flavors, based upon, regional interest and further advertising them globally to drive sales of shisha tobacco globally.

Major players present in the shisha tobacco market are Fumari Hookah, Haze Tobacco, LLC, Tangiers Inc., Al Fakher Tobacco Trading, Japan Tobacco Inc., Alchemist Tobacco Co., Soex India Pvt. Ltd, Middle East for Tobacco, Al-Tawareg Tobacco Molasses Company, Arabic Factory of Smoking, Al Zawrae Industrial Company, Romman Tobakko, Ugly Tobacco Hookah Inc., Adalya Hookah, Cloud Tobacco Inc., Flavors of Americas, Capital Tobacco, Eastern Tombac & Tobacco Establishment, and Al-Amir Tobacco among others.

Inquire Before Buying Research Report@
https://www.futuremarketinsights.com/ask-question/rep-gb-7590

Global Shisha Tobacco Market by Category

By Product Type:

Strong Shisha Tobacco
Mild Shisha Tobacco
Light Shisha Tobacco

By Flavor:

Fruit
Berry
Apple
Melon
Citrus
Tropical
Others
Chocolate
Caramel
Mint
Blended
Others

By Sales Channel:

Direct Sales
Hypermarket/Supermarkets
Specialty Stores
Convenience Stores
Independent Small Stores
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

Read Related Reports@
https://socialmphl.com/story3009105/dive-computer-market-revenue-future-growth-trends-top-key-players-business-opportunities-industry-share-size-analysis-by-forecast-2032
https://demo.sngine.com/blogs/134408/Dive-Computer-Market-Revenue-Future-Growth-Trends-Top-Key-Players
https://waappitalk.com/read-blog/24027

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Shisha Tobacco Market is projected to Record a CAGR of 4% by 2032, Says Future Market Insights, Inc. here

News-ID: 2844971 • Views:

More Releases from Future Market Insights Inc.

Regenerative Medicine Market Soars at 23.9% CAGR to Reach US$85.3 Billion by 2032 | FMI Insights
Regenerative Medicine Market Soars at 23.9% CAGR to Reach US$85.3 Billion by 203 …
The Global Regenerative Medicine Market Poised for a 23.9% Surge to Reach Approximately US$9.9 Billion by the End of 2022, Forecasted to Skyrocket to an Estimated US$85.3 Billion by 2032. In a comprehensive historical analysis conducted by Future Market Insights, the year 2021 witnessed tissue engineering, by therapy type, spearheading the global regenerative medicine market's expansion, capturing a substantial 43.1% market share. Moreover, the targeted therapeutic market is projected to contribute
Anti-Aging Products Services and Devices Market Soars to US$109.8 Billion by 2033 with a Resilient 5.5% CAGR | FMI Insights
Anti-Aging Products Services and Devices Market Soars to US$109.8 Billion by 203 …
The demand for anti-aging products, services, and devices is projected to steady growth at a 5.5% Compound Annual Growth Rate (CAGR) from 2023 to 2033. In 2022, the global market for anti-aging products, services, and devices was estimated to be valued at approximately US$ 59 billion. Future Market Insights (FMI) anticipates that the revenue in the anti-aging market will surge from US$ 64.0 billion in 2023 to an impressive US$
FMI's Projections: Digital Breast Tomosynthesis Equipment Market to Achieve US$2,594.4 Million Valuation by 2033 at a 13.9% CAGR
FMI's Projections: Digital Breast Tomosynthesis Equipment Market to Achieve US$2 …
From 2023 to 2033, the global market for digital breast tomosynthesis (DBT) equipment is forecasted to experience substantial growth, demonstrating a compelling compound annual growth rate (CAGR) of 13.9%. This growth trajectory is anticipated to propel the market's estimated worth to a substantial US$ 2,594.4 million by 2033. By that year, it is expected that the digital breast tomosynthesis (DBT) equipment market will have expanded even further, reaching an impressive
Automotive Camshaft Market Expected to Surge to US$ 5.6 Billion by 2033 with a 4 …
The automotive camshaft market is predicted to grow at a CAGR of 4.7% over the forecast period, according to FMI's analysis. The industry's estimated value is predicted to increase from US$ 3.5 Billion in 2023 to US$ 5.6 Billion by 2033. The drastic increase in the number of commercial vehicles, especially in countries of Asia Pacific, is projected to bolster the demand for automotive camshafts over the forecast period. In addition

All 5 Releases


More Releases for Tobacco

Top Trends in Tobacco and Anti-Smoking Products Market | Phillip Morris, British …
A new research document is added in HTF MI database of 41 pages, titled as 'Top Trends in Tobacco and Anti-Smoking Products 2020' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Inperial Tobacco, KT&G, Sweedish Match, Juul etc. and important players/vendors such as North America, Europe, Asia-Pacific, South America, Middle East and Africa. The Study will help you gain market insights,
Market Analysis of Tobacco Products Global Industry Insights - Philip Morris Int …
The tobacco industry comprises establishments carrying out stemming and re-drying of tobacco and companies manufacturing cigarettes and other tobacco products. Cigarette manufacturers are offering innovative cigarettes such as smokeless cigarettes as an alternative to conventional cigarettes. Smokeless cigarettes do not burn the tobacco; instead, heat the tobacco just enough to create a smokeless vapor that imparts the flavor of tobacco. Smokeless cigarettes are less harmful and can also help people
Smoking Tobacco in Greece 2019 | Karelia, PMI, BAT, Imperial Tobacco, Japan Toba …
"Smoking Tobacco in Greece, 2019", is an analytical report by Publisher that provides extensive and highly detailed current and future market trends in the Greek tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2028. Smoking Tobacco in Greece Market research report is being presented with a motive to
Shisha Tobacco Market Distribution Channel with Current Trend 2019: Fumari, INC, …
Global shisha tobacco market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of shisha tobacco market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. This report studies the Global Shisha Tobacco Market size, industry status and forecast,
Advanced Technologies| Smoking Tobacco in Denmark, 2019: STGD, Mac Baren Tobacco …
Researchmoz added Most up-to-date research on "Smoking Tobacco in Denmark, 2019" to its huge collection of research reports. Smoking Tobacco in Denmark, 2019 Summary "Smoking Tobacco in Denmark, 2019", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Danish tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects,
Cigarette Packaging Market By Applications: Smoking Tobacco, Smokeless Tobacco, …
Cigarette Packaging Industry Overview The Cigarette Packaging market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Cigarette Packaging market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Cigarette Packaging market