Shisha Tobacco Market Global Industry- By Product Type (Light Shisha Tobacco, Mild Shisha Tobacco, Strong Shisha Tobacco), Flavor (Chocolate, Caramel, Fruit, Mint, Beverages, Blended Flavours), Distribution Channel (Direct, Indirect), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Shisha tobacco market is expected to rise by registering a steady CAGR of 2.85% in the forecast period of 2020-2029. The major growth of the market can be attributed towards the factor of offerings in shisha tobacco with themed restaurant along with youth population.
Shisha tobacco can be defined as a combination of tobacco with glycerine, water, flavour components and aromatic substances which is smoked through hookah apparatus. It comes in different flavours like mint, cherry, apple, chocolate, coconut, licorice, cappuccino, and watermelon.
Shisha Tobacco Market Scope and Market Size
Shisha Tobacco Market has been segmented on the basis of product type, flavor and application.
- On the basis of product type, the shisha tobacco market can be sub segmented into light shisha tobacco, mild shisha tobacco and strong shisha tobacco. The mild shisha tobacco segment is expected to hold the largest market share.
- Based upon flavour, the shisha tobacco market can be sub segmented into chocolate, caramel, fruit, mint, beverages and blended flavours. The fruit sub segment is further classified into berry, apple, melon, citrus, tropical flavours. The fruit flavour is expected to hold the largest market share.
- On the basis of distribution channel segment, the shisha tobacco market can be sub segmented into direct and indirect. The direct sub segment is further categorised into bars, restaurants and cafes/ lounge. The indirect sub segment is further classified into modern trade stores, specialty stores, e-commerce, convenience stores and others. The direct channel is expected to dominate the forecasted period for themed cafes and restaurants.
Country Level Analysis of Shisha Tobacco Market
- On the basis of region, the shisha tobacco market is segmented into North America and South America, Asia Pacific, Europe and Middle East and Africa.
- Countries covered under North and South America region are Canada, Mexico, Brazil, Rest of Americas, along with Germany, France, United Kingdom, Italy, Spain, Rest of Europe covered under Europe region and Japan, China, India, Australia, Rest of Asia-Pacific covered under Asia-Pacific region.
- Asia-Pacific region is expected to hold the largest market share along with highest growth rate in the forecast period 2020 to 2029 because of increased business, industrialization and educational institution is going to contribute for paper and is expected to drive the market growth.
- The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of sales channels are considered while provided forecast analysis of the country data.
- With variety of flavours coming in shisha tobacco along with youth opting for flavoured hookah is a key factor for the growth of this market.
- Large number of adoption in themed based restaurants and cafes is also boosting the market growth.
- Strict regulations and banners posed on sale of shisha tobacco is also restraining the growth of the market.
- Awareness about harmful effect of smoking is also going to act as a blockade for the market.
Key Developments in the Market:
Competitive Analysis and Shisha Tobacco Market Share Analysis:
Shisha tobacco market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of shisha tobacco market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Shisha tobacco market competitive landscape provides details by competitors. Details included are company overview which includes Company focus, business segment, product categories, revenue generated and global presence. Shisha tobacco market report also provides information on recent financials and R&D expenditures over the years from 2020 to 2029.
Key Market Competitors:
Few of the major competitors currently working in global shisha tobacco market are Haze Tobacco LLC, SOCIALSMOKE.COM, Japan Tobacco Inc., Alchemist Blend, Al Fakher Tobacco Factory, FUMARI, SOEX, Al-Tawareg Tobacco Molasses Company, Prince Molasses, Romman Shisha, Mazaya, Ugly Hookah, Cloud Tobacco, Flavors of Americas S.A., Al Amir Tobacco and STARBUZZTOBACCO.COM and many others.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved