Shisha tobacco market is expected to witness CAGR of 7.2% in the forecast period of 2022 to 2030 and is further estimated to reach USD 1,650.03 million by 2030,Size, Share, Trends, Key Drivers, Demand,Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the shisha tobacco market which was USD 946.09 million in 2022, would rocket up to USD 1,650.03 million by 2030, and is expected to undergo a CAGR of 7.2% during the forecast period of 2023 to 2030.

Market Overview

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.

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Shisha Tobacco Market Analysis and Size

• Over the last few years, there has been immense growth in the participation in smoking activities. Additionally, the increasing acceptance of hookah tobacco in various theme-based restaurants, lounges, and cafes and the rising trend of newly added flavors in hookah are fuelling the shisha tobacco market growth. Therefore, the market is estimated to grow rapidly over forecasted period.

• There has been rapid economic growth and development, leading to an increase in disposable income and consumer spending. As a result, there is a greater affordability and willingness to spend on leisure activities like shisha smoking, contributing to the high demand for shisha tobacco.

• Data Bridge Market Research analyses that the shisha tobacco market which was USD 946.09 million in 2022, would rocket up to USD 1,650.03 million by 2030, and is expected to undergo a CAGR of 7.2% during the forecast period of 2023 to 2030.

• "Fruit" dominates the flavour segment of the shisha tobacco market owing to a refreshing and aromatic experience for shisha smokers which it offers. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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