According to a market report by Lucintel, the future of the global smoking accessory market looks promising with opportunities in the waterpipes, vaporizers, rolling paper & cigarette tubes, lighters and filter & paper tip markets. The global smoking accessory market is expected to reach an estimated $87.0 billion by 2030 from $67.6 billion in 2024,at a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing trend of producing unique and innovative items along with the growing global smoking population and growing trend of customers choosing to produce their own tobacco rather than purchasing factory-made goods since they may save money and have their demands personalized.
A more than 150-page report to understand trends, opportunity and forecast in smoking accessory market to 2030 by type (waterpipes, vaporizers, rolling paper & cigarette tubes, lighters, filter & paper tip, and others), distribution channel (offline and online), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the distribution channel category, offline will remain the largest segment over the forecast period due to extensive accessibility of the channel to consumers.
Within the type category, vaporizer is expected to witness the highest growth due to widespread adoption and utilization of vaporizers as a preferable alternative to smoke-producing products.
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In terms of regions, APAC will remain the largest region over the forecast period due to rising usage and acceptance of smoking accessories, as well as a rise in the number of youth smokers.
Bull Brand, BBK Tobacco & Foods, Chongz, British American Tobacco, Curved Papers, Univac Furncrafts, Imperial Brands, Republic Technologies International, Jinlin Smoking Accessories, Moondust Paper are the major suppliers in the smoking accessory market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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