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Smoking Accessory Trends and Forecast
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 billion by 2030 with 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 is developed to help in your business decisions. Sample figures with some insights are shown below.
Smoking Accessory by Segment
The study includes a forecast for the global smoking accessory by type, distribution channel, and region.
Smoking Accessory Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Waterpipes
• Vaporizers
• Rolling Paper & Cigarette Tubes
• Lighters
• Filter & Paper Tip
• Others
Smoking Accessory Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Offline
• Online
Smoking Accessory Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Smoking Accessory Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smoking accessory companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smoking accessory companies profiled in this report include-
• Bull Brand
• BBK Tobacco & Foods
• Chongz
• British American Tobacco
• Curved Papers
• Univac Furncrafts
• Imperial Brands
• Republic Technologies International
• Jinlin Smoking Accessories
• Moondust Paper
Smoking Accessory Market Insights
Lucintel forecasts that offline will remain the largest segment over the forecast period due to extensive accessibility of the channel to consumers.
Within this market, vaporizer is expected to witness the highest growth due to widespread adoption and utilization of vaporizers as a preferable alternative to smoke-producing products.
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.
Features of the Global Smoking Accessory Market
Market Size Estimates: Smoking accessory market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smoking accessory market size by type, distribution channel, and region in terms of value ($B).
Regional Analysis: Smoking accessory market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, distribution channel, and regions for the smoking accessory market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smoking accessory market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the smoking accessory market size?
Answer: The global smoking accessory market is expected to reach an estimated $87 billion by 2030.
Q2. What is the growth forecast for smoking accessory market?
Answer: The global smoking accessory market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the smoking accessory market?
Answer: 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.
Q4. What are the major segments for smoking accessory market?
Answer: The future of the smoking accessory market looks promising with opportunities in the waterpipes, vaporizers, rolling paper & cigarette tubes,lighters and filter & paper tip markets.
Q5. Who are the key smoking accessory market companies?
Answer: Some of the key smoking accessory companies are as follows:
• Bull Brand
• BBK Tobacco & Foods
• Chongz
• British American Tobacco
• Curved Papers
• Univac Furncrafts
• Imperial Brands
• Republic Technologies International
• Jinlin Smoking Accessories
• Moondust Paper
Q6. Which smoking accessory market segment will be the largest in future?
Answer: Lucintel forecasts that offline will remain the largest segment over the forecast period due to extensive accessibility of the channel to consumers.
Q7. In smoking accessory market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the smoking accessory market 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)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Smoking Accessory Market, Smoking Accessory Market Size, Smoking Accessory Market Growth, Smoking Accessory Market Analysis, Smoking Accessory Market Report, Smoking Accessory Market Share, Smoking Accessory Market Trends, Smoking Accessory Market Forecast, Smoking Accessory Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Smoking Accessory Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Smoking Accessory Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Smoking Accessory Market by Type
3.3.1: Waterpipes
3.3.2: Vaporizers
3.3.3: Rolling Paper & Cigarette Tubes
3.3.4: Lighters
3.3.5: Filter & Paper Tip
3.3.6: Others
3.4: Global Smoking Accessory Market by Distribution Channel
3.4.1: Offline
3.4.2: Online
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Smoking Accessory Market by Region
4.2: North American Smoking Accessory Market
4.2.2: North American Smoking Accessory Market by Distribution Channel: Offline and Online
4.3: European Smoking Accessory Market
4.3.1: European Smoking Accessory Market by Type: Waterpipes, Vaporizers, Rolling Paper & Cigarette Tubes, Lighters, Filter & Paper Tip, and Others
4.3.2: European Smoking Accessory Market by Distribution Channel: Offline and Online
4.4: APAC Smoking Accessory Market
4.4.1: APAC Smoking Accessory Market by Type: Waterpipes, Vaporizers, Rolling Paper & Cigarette Tubes, Lighters, Filter & Paper Tip, and Others
4.4.2: APAC Smoking Accessory Market by Distribution Channel: Offline and Online
4.5: ROW Smoking Accessory Market
4.5.1: ROW Smoking Accessory Market by Type: Waterpipes, Vaporizers, Rolling Paper & Cigarette Tubes, Lighters, Filter & Paper Tip, and Others
4.5.2: ROW Smoking Accessory Market by Distribution Channel: Offline and Online
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Smoking Accessory Market by Type
6.1.2: Growth Opportunities for the Global Smoking Accessory Market by Distribution Channel
6.1.3: Growth Opportunities for the Global Smoking Accessory Market by Region
6.2: Emerging Trends in the Global Smoking Accessory Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Smoking Accessory Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Smoking Accessory Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Bull Brand
7.2: BBK Tobacco & Foods
7.3: Chongz
7.4: British American Tobacco
7.5: Curved Papers
7.6: Univac Furncrafts
7.7: Imperial Brands
7.8: Republic Technologies International
7.9: Jinlin Smoking Accessories
7.10: Moondust Paper
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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