Published by Uma Rajagopal
Posted on January 25, 2022
According to a recent report by Future Market Insights (FMI), the Shisha tobacco market is expected to surpass a valuation of US$ ~19 Bn in 2022 and at a CAGR of approximately 3% through 2032.
Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-7590
Shisha tobacco smoking is generally practiced in the company of peers, and it is a key component in social meetings and functions in some cultures. Nowadays, this culture has extended to college and university life. Moreover, water pipe smoking is often shared between friends and family, which is attributed to two factors – it reduces the costs involved in shisha tobacco smoking, and a more emotional one – it promotes a sense of brotherhood, especially amongst the male demography, and makes them feel more socially accepted. This culture has led to the emergence of an increase in the number of cafes, restaurants, and lounges that cater to various services such as shisha tobacco services.
The expansion has resulted in the local availability of water pipe smoking and has encouraged the youth in many countries to go for novel neuro-stimulating experiences. This aspect of shisha tobacco complements the burgeoning growth in the number of cafes, restaurants, and lounges across the globe. The flourishing HoReCa segment (hotels, restaurants, and cafes), especially in developing regions, has coincided with the resurgence of the water pipe smoking culture in countries like India, where shisha tobacco smoking is no longer restricted to the rural areas and has spread amongst the youth in the urban regions too. In developed countries like the U.S., hookah cafes have mushroomed in urban areas, especially around college university campuses. As such, this easy availability has boosted the market growth in many regions.
For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-7590
Consumer delusion that shisha tobacco is less harmful than other forms of tobacco consumption currently guides the market growth. However, as consumers get familiar with the complete truth about the harmful effects of shisha tobacco, the market growth is likely to be affected.
The above-mentioned factors are helping the shisha tobacco market to grow rapidly and with the rising awareness regarding health concerns, manufacturers are innovating and supplying herbal shisha tobacco that is likely to be less harmful compared to the original shisha tobacco.
Key Takeaways from the Shisha tobacco Market Study
“Continuous innovation in the existing products, the addition of various flavors of shisha tobacco according to regional interest, ban of smoking in public areas, rise in the number of cafés, bars, and restaurants are the key factors to influence the growth in the global Shisha Tobacco market.” says an FMI analyst.
For any queries linked with the report, ask an analyst
https://www.futuremarketinsights.com/ask-question/rep-gb-7590
Impact of COVID-19 on the Market
The COVID-19 pandemic had prompted a growing list of event cancellations and closures, as health officials urge the public to avoid large crowds. Moreover, the shutdown of industries, manufacturing plants, and rise in unemployment leads to the growth of shortage of material thus, rise in dependency of developing countries on developed countries.
Additionally, the ban on trading and changing preferences of individuals, and rising health concerns lead individuals to adopt healthy habits. Moreover, the closed café, bars, and restaurants gave no option to individuals especially millennials, thus, dropping the sales and demand in the shisha tobacco market.
Who is Winning?
Leading manufacturers of shisha tobacco are focused on introducing flavors, based upon, regional interest and further advertising them globally to drive sales of shisha tobacco globally.
Major players present in the shisha tobacco market are Fumari Hookah, Haze Tobacco, LLC, Tangiers Inc., Al Fakher Tobacco Trading, Japan Tobacco Inc., Alchemist Tobacco Co., Soex India Pvt. Ltd, Middle East for Tobacco, Al-Tawareg Tobacco Molasses Company, Arabic Factory of Smoking, Al Zawrae Industrial Company, Romman Tobakko, Ugly Tobacco Hookah Inc., Adalya Hookah, Cloud Tobacco Inc., Flavors of Americas, Capital Tobacco, Eastern Tombac & Tobacco Establishment, and Al-Amir Tobacco among others.
Explore FMI’s Extensive Coverage on Consumer Product Domain
Water Flosser Market– As per newly released data by Future Market Insights (FMI), the Water Flosser Market is estimated at US$ 1,020.0 Mn in 2022 and is projected to reach US$ 1,417.2 Mn by 2027.
Floral Extract Market – As per newly released data by Future Market Insights (FMI), the floral extract market is estimated at USD 2.6 billion in 2022 and is projected to reach USD 3.8 billion by 2029, at a CAGR of 4.3% from 2014 to 2021.
Lip Powder Market– As per newly released data by Future Market Insights (FMI), the lip powder market is estimated at US$ 439.7 Mn in 2022 and is projected to reach US$ 592.1 Mn by 2027, at a CAGR of 6.1% from 2022 to 2027
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com/
Reports: https://www.futuremarketinsights.com/reports/shisha-tobacco-market
Press-Release: https://www.futuremarketinsights.com/press-release/shisha-tobacco-market
According to a recent report by Future Market Insights (FMI), the Shisha tobacco market is expected to surpass a valuation of US$ ~19 Bn in 2022 and at a CAGR of approximately 3% through 2032.
Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-7590
Shisha tobacco smoking is generally practiced in the company of peers, and it is a key component in social meetings and functions in some cultures. Nowadays, this culture has extended to college and university life. Moreover, water pipe smoking is often shared between friends and family, which is attributed to two factors – it reduces the costs involved in shisha tobacco smoking, and a more emotional one – it promotes a sense of brotherhood, especially amongst the male demography, and makes them feel more socially accepted. This culture has led to the emergence of an increase in the number of cafes, restaurants, and lounges that cater to various services such as shisha tobacco services.
The expansion has resulted in the local availability of water pipe smoking and has encouraged the youth in many countries to go for novel neuro-stimulating experiences. This aspect of shisha tobacco complements the burgeoning growth in the number of cafes, restaurants, and lounges across the globe. The flourishing HoReCa segment (hotels, restaurants, and cafes), especially in developing regions, has coincided with the resurgence of the water pipe smoking culture in countries like India, where shisha tobacco smoking is no longer restricted to the rural areas and has spread amongst the youth in the urban regions too. In developed countries like the U.S., hookah cafes have mushroomed in urban areas, especially around college university campuses. As such, this easy availability has boosted the market growth in many regions.
For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-7590
Consumer delusion that shisha tobacco is less harmful than other forms of tobacco consumption currently guides the market growth. However, as consumers get familiar with the complete truth about the harmful effects of shisha tobacco, the market growth is likely to be affected.
The above-mentioned factors are helping the shisha tobacco market to grow rapidly and with the rising awareness regarding health concerns, manufacturers are innovating and supplying herbal shisha tobacco that is likely to be less harmful compared to the original shisha tobacco.
Key Takeaways from the Shisha tobacco Market Study
“Continuous innovation in the existing products, the addition of various flavors of shisha tobacco according to regional interest, ban of smoking in public areas, rise in the number of cafés, bars, and restaurants are the key factors to influence the growth in the global Shisha Tobacco market.” says an FMI analyst.
For any queries linked with the report, ask an analyst
https://www.futuremarketinsights.com/ask-question/rep-gb-7590
Impact of COVID-19 on the Market
The COVID-19 pandemic had prompted a growing list of event cancellations and closures, as health officials urge the public to avoid large crowds. Moreover, the shutdown of industries, manufacturing plants, and rise in unemployment leads to the growth of shortage of material thus, rise in dependency of developing countries on developed countries.
Additionally, the ban on trading and changing preferences of individuals, and rising health concerns lead individuals to adopt healthy habits. Moreover, the closed café, bars, and restaurants gave no option to individuals especially millennials, thus, dropping the sales and demand in the shisha tobacco market.
Who is Winning?
Leading manufacturers of shisha tobacco are focused on introducing flavors, based upon, regional interest and further advertising them globally to drive sales of shisha tobacco globally.
Major players present in the shisha tobacco market are Fumari Hookah, Haze Tobacco, LLC, Tangiers Inc., Al Fakher Tobacco Trading, Japan Tobacco Inc., Alchemist Tobacco Co., Soex India Pvt. Ltd, Middle East for Tobacco, Al-Tawareg Tobacco Molasses Company, Arabic Factory of Smoking, Al Zawrae Industrial Company, Romman Tobakko, Ugly Tobacco Hookah Inc., Adalya Hookah, Cloud Tobacco Inc., Flavors of Americas, Capital Tobacco, Eastern Tombac & Tobacco Establishment, and Al-Amir Tobacco among others.
Explore FMI’s Extensive Coverage on Consumer Product Domain
Water Flosser Market– As per newly released data by Future Market Insights (FMI), the Water Flosser Market is estimated at US$ 1,020.0 Mn in 2022 and is projected to reach US$ 1,417.2 Mn by 2027.
Floral Extract Market – As per newly released data by Future Market Insights (FMI), the floral extract market is estimated at USD 2.6 billion in 2022 and is projected to reach USD 3.8 billion by 2029, at a CAGR of 4.3% from 2014 to 2021.
Lip Powder Market– As per newly released data by Future Market Insights (FMI), the lip powder market is estimated at US$ 439.7 Mn in 2022 and is projected to reach US$ 592.1 Mn by 2027, at a CAGR of 6.1% from 2022 to 2027
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com/
Reports: https://www.futuremarketinsights.com/reports/shisha-tobacco-market
Press-Release: https://www.futuremarketinsights.com/press-release/shisha-tobacco-market
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