Smoking Pipe Market to grow at nearly CAGR of 4.5% By 2031 | Blakemar Briars (UK), Boswell Pipes (US), Brigham Enterprises Inc

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.

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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. 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.

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).

COVID-19 Impact

In 2020, the COVID-19 pandemic resulted in economic challenges owing to subsequent lockdowns. In 2020, the manufacturing industry was severely affected due to a drastic decrease in product demand, falling prices, and storage shortages. A swift decline in manufacturing revenues due to virtually nonexistent manufacturing demand and slow production capabilities had limited the expenditure on the production of smoking pipes worldwide. Thus, the COVID-19 pandemic negatively affected the global smoking pipe market in 2020. However, in 2021, the manufacturing industry started recovering from the significant labor and supply chain challenges that triggered the production of smoking pipes.

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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

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This release was published on openPR.