Shisha Tobacco Market to Garner USD 1,650.03 million at a CAGR of 7.2% by 2030, Size, Share, Trends, Future Demand and Revenue Outlook

The  Shisha Tobacco Market report includes a systematic investment analysis that anticipates upcoming opportunities for market players. The CAGR values provided in the report offer estimations regarding the potential rise or decline in product demand over the forecasted period. The report presents historical data, future forecasts, and a detailed analysis of the market on both global and regional levels. Importantly, the data is sourced exclusively from reliable outlets such as journals, newspapers, company websites, and annual reports, instilling confidence in businesses that rely on this information. An international Shisha Tobacco Market business document delves into consumer and supply chain dynamics, offering valuable insights for developing production strategies.

Explore Further Details about This Research Shisha Tobacco Market Report

https://www.databridgemarketresearch.com/reports/global-shisha-tobacco-market

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.

Market Definition

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.

Some of the major players operating in the shisha tobacco market are:

FUMARI (U.S.)
Haze Tobacco (U.S.)
Al Fakher Tobacco Factory (UAE)
SOCIALSMOKE (U.S.)
Japan Tobacco Inc. (Japan)
SOEX (Germany)
Prince Molasses (Morocco)
Romman Shisha (U.S.)
Mazaya (Kuwait )
Ugly Hookah (U.S.)
Cloud Tobacco (U.S.)
Flavors of Americas S.A. (Paraguay)
 Al Amir Tobacco (UAE)
STARBUZZTOBACCO. (U.S.)
Nakhla (Iraq)
MujeebSons (India)
Godfrey Phillips India Ltd. (India)
The Eastern Company (U.S.)
ALWAHA-TOBACCO. (U.S.)
Global Shisha Tobacco Market Scope

The shisha tobacco market is segmented on the basis of product type, flavor, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

Strong Shisha Tobacco
Mild Shisha Tobacco
Light Shisha Tobacco

Flavor

Fruit
Mint
Chocolate
Caramel
Beverages
Blended Flavors

Distribution Channel

Direct
Indirect

Drivers

Rising popularity and social acceptance

Shisha tobacco, also known as hookah or waterpipe tobacco, has gained significant popularity worldwide, particularly among young adults. Shisha smoking is often seen as a social activity and is enjoyed in various settings such as hookah lounges, cafes, and social gatherings. The social acceptance and cultural significance of shisha tobacco contribute to its growing demand globally.

Expansion of hookah bars and lounges

The establishment of hookah bars and lounges in various countries has significantly contributed to the growth of the shisha tobacco market. These venues provide consumers with a dedicated space to enjoy shisha smoking in a social environment. The rise in the number of hookah bars and lounges globally has created a demand for shisha tobacco and related products.

Growing cross-cultural influence and tourism

Shisha smoking has gained popularity not only within its traditional cultural contexts but also across different regions due to globalization and tourism. Travelers, particularly in popular tourist destinations, often seek out hookah experiences as part of their cultural exploration. This cross-cultural influence and the curiosity of tourists have expanded the market for shisha tobacco in various parts of the world.

Opportunities

Growing innovations in terms of flavors and variety: Shisha tobacco offers a wide range of flavors, including fruit, mint, and exotic blends, appealing to diverse consumer preferences. The availability of a vast flavor portfolio attracts both regular and occasional smokers, as they can explore different taste profiles and enjoy a personalized smoking experience. The variety of flavors and the ability to customize shisha sessions contribute to the market's growth.
Increasing hookah culture and trendy image: Shisha tobacco has become associated with a trendy and fashionable lifestyle, attracting a wide consumer base. It is considered a part of the hookah culture, with enthusiasts seeking unique and flavorful smoking experiences. The hookah culture, fuelled by social media influence and lifestyle trends, has been instrumental in driving the demand for shisha tobacco.

Key Questions Answered In This Shisha Tobacco Market Report

What will the Shisha Tobacco Market size be in 2030 and what will the growth rate be?
What are the key  Shisha Tobacco Market trends?
What is driving this  Shisha Tobacco Market?
What are the challenges to Shisha Tobacco Market growth?
Who are the key vendors in this  Shisha Tobacco Market space?
What are the market opportunities and threats faced by the key vendors?

Browse Related Reports:

https://marketsnewsupdate.blogspot.com/2023/12/cat-litter-market-growth-to-hit-usd-581.html

https://marketsnewsupdate.blogspot.com/2023/12/shisha-tobacco-market-size-worth-usd.html

https://marketsnewsupdate.blogspot.com/2023/12/candy-market-key-players-overview.html

https://marketsnewsupdate.blogspot.com/2023/12/white-goods-market-is-projected-to-grow.html

https://marketsnewsupdate.blogspot.com/2023/12/business-travel-market-key-players-size.html

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact Us:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- corporatesales@databridgemarketresearch.com

This release was published on openPR.