Press release
Smoking Pipe Market is projected to expand at a steady at a CAGR of 4.5% over the forecast 2021-2031 - Blakemar Briars , Boswell Pipes
The global smoking pipe market was valued at US$ 2.0 billion in 2021 and it is anticipated to grow up to US$ 3.1 billion by 2031, at a CAGR of 4.5% during the forecast period.A smoking pipe (also known as a tobacco pipe) is used to inhale the smoke of a burning substance, which can also accommodate almost any other substance. Historically, smoking pipes were used in celebrations, with the tradition gradually gaining popularity over the years as an acceptable way to smoke tobacco.
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Flavored compounds sold in bulk could be tested directly on the premises in smoke rooms set up for clients. Further, tobacco pipe is loose-leaf tobacco grown in northern middle Tennessee, western Kentucky, and Virginia.
Market Drivers and Trends
Cigarettes and cigars have a higher smoking index than smoking pipes despite being consumed in moderation. Therefore, the health-conscious population addicted to cigarettes tends to incline towards much healthier choices, giving them utility at a comparatively lower level of tobacco consumption. The smoking pipe does the same by enhancing the utility and lowering tobacco consumption. Further, when it comes to smoking pipes' features, they are coated internally with flavors, or a customized supplementary solution is provided, which could be added to the tobacco to provide an enhanced experience to the consumer while smoking a pipe.
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Moreover, from the perspective of pipe manufacturers, to reduce the overall cost associated with the tobacco tax and advertisement restrictions of the product, manufacturers have come up with the solution of providing a pseudo tobacco experience with no health hazard strings attached.
Zero added cost to the manufacturer coupled with a constant flow of revenues through sustainable pseudo tobacco business. Thus, the rising health consciousness among the global citizens boosts the growth of the global smoking pipe market.
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Global Smoking Pipe Market Segmentation
By Material
Wood
Stainless Steel
Glass
Clay
Brass
Others
By Type
Bong
Hookah
Chalice
Others
By Age Group
Below 18 years
18 to 30 years
30 to 50 years
Above 50 years
Major Players in the Global Smoking Pipe Market
The key players studied in the global smoking pipe market are Blakemar Briars (UK), Boswell Pipes (US), Brigham Enterprises Inc. (Canada), Dr. Grabow Pipes (US), MacQueen Pipes (Canada), Mr. Brog (US), Peterson Ltd. (Ireland), Savinelli S.r.l (Italy), Silverline Productions (India), and The American Smoking Pipe Co. (US).
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