Make-Your-Own Joints and Tobacco Cigarettes Usher in a New Sensory Experience
However, due to increasing demand, market leaders are expected to expand technology usage for their products in order to improve smoking quality. For instance, hubbly bubbly, Inc., a significant leader in vaporizer production, has released e-heads that can control vapour intensity and display the vaporizer's battery level. The offline segment dominated the smoking accessory market and accounted for the majority of revenue. In the following years, the category is projected to maintain its dominance. This is due to the channel's wide reach among consumers. Furthermore, these channels are located in crowded areas, making them easily accessible to the targeted audience. Furthermore, people prefer to buy such things from offline retailers since they encourage instant demand for these products and allow them to purchase them immediately. Furthermore, these stores provide a large number of discounts, which contributes to their popularity. The above-mentioned factors therefore contribute to the segment's substantial share.
Emergence of New Flavour, Flexibility and Portability are Some of the Factors Driving Growth Potential
The increasing use and demand for waterpipes and vaporizers due to their portability and filtering capacity are driving market expansion. The increasing popularity of smoking accessories, which improve the quality of herbs after burning and provide a better smoking experience for the user, will drive the market for smoking accessories in the future years. Furthermore, rising need for alternative medicinal herbs to be inhaled as a healthy step is increasing demand for the usage of smoking accessories, boosting the market.
Recent Trends in the Smoking Accessories Industry:
- A rising trend shows increased demand for eco-friendly smoking accessories like bamboo and recycled plastics.
- Technological advancements are adding smart features like temperature control and app connectivity.
- Consumers seek personalized smoking accessories with customizable designs, materials, and features.
- The market is increasingly favoring luxury smoking accessories, featuring premium craftsmanship and materials.
- Compact, travel-friendly smoking accessories, including vaporizers and storage solutions, are gaining popularity.
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Government Initiatives to Curb Smoking Will Be a Major Impediment to Market Expansion
However, the increased demand for other smoking products such as e-cigarettes, vaporizers, and heat-not-burn devices is making consumers shift from the traditional ones which they assume to be mostly less harmful. A demand for more sustainable alternatives may be fuelled by an eco-conscious consumer that is concerned about non-compostable substances in smoking accessories. Furthermore, there are also counterfeit items proliferating the market which leads to reduced buying confidence and regulatory challenges. Additionally, rising legal claims and compliance expenses associated with manufacturing and promoting smoking implements might discourage companies from participating in or growing their business in this sector.
Innovative Heated Tobacco Device Redefines Smoking Experience with Sleek Design and Enhanced Features
In addition, Imperial Brands introduced the Pulze 2.0, an enhanced heated tobacco device, in February 2023. This new model features a sleek, compact design and offers up to 25 sessions per charge. The device, paired with Imperial's iD sticks in ten flavors, provides a potentially reduced harm alternative to traditional cigarettes. Initially launched in Italy, Poland, the Czech Republic, and Greece, Pulze 2.0 will expand across Europe through 2023. Andy Dasgupta highlighted the company’s commitment to consumer-focused innovation and healthier choices.
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Rising Hookah Smoking Trends Will Facilitate Strong Revenue of Smoking Accessories
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Regions | Countries |
---|---|
North America | United States, Canada |
Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Central America Countries, Caribbean Countries, Rest of Latin America |
Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Czech Republic, Rest of Europe |
Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Rest of Asia Pacific |
Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Ethiopia, Algeria, Israel, Iran, Iraq, Kenya, Rest of MEA |
Smoking Accessories Market Research Report Covers In-depth Analysis on:
- Smoking accessories market detailed segments and segment-wise market breakdown
- Smoking accessories market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in smoking accessories industry)
- Current, historical and forthcoming 10 years market valuation in terms of smoking accessories market size (US$ Mn), volume (Units), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Smoking accessories market demand analysis
- Smoking accessories market pricing analysis over forecast period (by key segment and by region)
- Smoking accessories market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in smoking accessories market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in smoking accessories market
- Smoking accessories market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on smoking accessories market forecast by countries
- Mergers and acquisitions in smoking accessories market
- Essential information to enhance market position
- Robust research methodology