Download Sample, Make-Your-Own Joints and Tobacco Cigarettes Usher in a New Sensory Experience
Based on a WHO report, tobacco demand has declined by 1.3 billion during the previous two decades. The global decline in tobacco usage has increased demand for herbs that can be used alternatives for tobacco hookah and other smokable products. The increasing use of different smokable medicinal herbs such as Mullein, Korean Ginseng, White Horehound, Hyssop and others has boosted market demand over the forecast period. The increasing number of smokers globally, along with the rising trend of launching innovative and novel products to attract more consumers, is attributed to the market's rise. Furthermore, the increased choice of consumers to make their customized tobacco over factory-made products since they can be personalised to their demands while saving money is a crucial driver that is expected to boost the market in the coming years.
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.
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 introduction of many flavoured tobaccos for use in smoking accessories, as well as their expanding popularity among smokers of all age groups, is boosting the market for smoking accessories. The introduction of novel flavors like as chocolate, fruit and menthol to be used in water pipes and vaporizers, as well as their wide applications, demand and popularity among the Gen Z, are factors driving market expansion. Furthermore, the rising popularity of smoking accessories such as water pipes due to the misconception that they are a healthier alternative to cigarettes because they filter out the smoke before inhalation is a major factor driving demand for smoking accessories and contributing to market development.
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.
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
The government's increasing number of initiatives and rigorous regulations regarding the usage of tobacco and nicotine are likely to hinder market growth during the forecast period. Except for tobacco usage, nicotine replacement therapy is a medically recognised technique of obtaining nicotine It helps in the quitting of chewing and smoking tobacco. Nicotine replacement therapy can significantly reduce cravings, allowing you to break your mental addiction to tobacco-based products. The growing public awareness of the high success rate of nicotine replacement therapies such as patches, lozenges, gums, and other products is limiting the growth of the smoking accessories market.
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.
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
Major industry leaders utilize strategies that focus on launching new products, merging with competitors, and purchasing companies to grow their customer base and enhance their range of products. In May 2024, HARA Brands unveiled a new chapter in smoking accessories with the launch of an exclusive Hemper collection in collaboration with Fred Segal. This innovative line merges Fred Segal’s iconic style with Hemper’s distinct designs, featuring products like the Beaker Bong and Peace Pipe. Available through Fred Segal's online platform and select stores, the partnership highlights a fusion of aesthetic elegance and high-quality craftsmanship, aiming to captivate a fresh audience and expand market reach.
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.
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
The Asia Pacific dominated the smoking accessory market, with a revenue share of more than two-fifths. The growing number of younger smokers and the increased usage and acceptance of smoking accessories as they develop the habit of smoking to obtain a cool appearance all contribute to the regional market's growth. The region's market expansion is also attributable to consumers' rising disposable income and adoption of the western lifestyle. The market for smoking accessories in North America is anticipated to grow at a rapid pace during the forecast period. The rising trend and demand for make-your-own-tobacco cigarettes and joints, as well as the growing trend of vaping and falling demand for traditional tobacco and cigarettes, are attributed to the region's market growth. The increasing popularity and use of nicotine products among females, students, and the youthful population that demand smoking accessories is fueling the region's market expansion. Furthermore, the availability of legalised cannabis that has been replicated increases demand for smoking accessories.
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The report provides a detailed overview of the smoking accessories market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for smoking accessories market has been offered for all regional market share, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the smoking accessories market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the smoking accessories market. Some key country and region included in the smoking accessories market report as follows:
| 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
- Frequently Asked Questions -
What are the key factors driving the growth of the smoking accessories market?
Increasing consumer interest in unique and high-quality smoking experiences, along with the expansion of online retail channels, are major drivers of market growth.
What trends are shaping the smoking accessories market?
Key trends include the rise of premium and customizable accessories, increased adoption of eco-friendly materials and growing popularity of innovative products like smart vaporizers.
What challenges does the smoking accessories market face?
Challenges include stringent regulations on tobacco-related products, shifting consumer preferences towards healthier alternatives and the impact of anti-smoking campaigns.
