Smoking Pipe Market Research, 2031
The global smoking pipe market size was valued at $2,034.1 million in 2021, and is projected to reach $3,141.3 million by 2031, registering a CAGR of 4.5% from 2022 to 2031.
Smoking water pipes have been more popular among consumers of all ages since the introduction of flavored water pipe tobacco. The notion that smoking using a water pipe is healthier than smoking cigarettes because the smoke is filtered before inhalation has further increased consumer demand for smoking accessories. In addition, the industry is witnessing growth owing to the popularity of sweet, fruity, chocolaty, and spicy flavors. Younger people find sweet flavors to be quite enticing, which helps water pipe smoking gain popularity. The market's expansion has also been aided by simple accessibility of water pipe items in both online and offline sales channels such as specialty shops, bars, and cafés.
Nicotine replacement therapies, on the other hand, are an alternative to tobacco usage that is medically approved as a way to receive nicotine. It is employed to help people stop chewing tobacco or smoking cigarettes. Therapy with nicotine replacement products has been shown to drastically lessen cravings and end the mental dependence on tobacco-based goods. Growth in public awareness about the high success rate of nicotine replacement therapy, such as patches, lozenges, gum, and other products, is limiting smoking pipe market growth.
The global smoking pipe market is segmented into type, age group, distribution channel, and region. On the basis of type, the market is classified into bong, hookah, chalice, and others. By age group, it is categorized into below 18 years, 18 to 30 years, 30 to 50 years, and above 50 years. As per distribution channel, it is bifurcated into online and offline. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Type
Hookah is the largest revenue generating segment during the forecast period
The hookah segment dominates the global smoking pipe market size. The hookah is becoming more popular globally, particularly among young people in urban areas, college students, and young professionals. In addition, the popularity of hookah smoking has greatly accelerated the creation of retail businesses that rent out water pipes and sell them along with tobacco blends with hookah flavors. The market for smoking pipes has also grown as a result of the increased use of water pipes at events, clubs, cafes, restaurants, hotels, lounges, and other places.
30 to 50 years is the fastest growing segment during the forecast period
By Age Group
The 18 to 30 years segment exhibits the fastest growth in the global smoking pipe market. In terms of smoking pipe market share, the 18 to 30 years segment is in the lead, and it is anticipated to maintain its strong CAGR during the projection period. This is attributed to growth in demand for smoking accessories among youth population.
Offline distribution channel is the largest and fastest growing segment during the analysis.
By Distribution Channel
Consumers purchase smoking pipe by various distribution channels including online and offline. The offline segment is expected to maintain its market-dominating position during the smoking pipe market forecast period, owing to benefits provided such as discounts and free home delivery to the customers.
Asia-Pacific is the fastest growing region during the forecast period
By Region
Region wise, Asia-Pacific dominated the market with the largest share during the forecast period. Smoking pipe and their different varieties are the most purchased in Asia-Pacific, especially in India and China. The preference for smoking pipe with different cigarette and tobacco flavors changes with different geographical locations. In addition, rise in preference for water smoking pipes such as bong and hookah are driving the growth of the smoking pipe industry in Asia-Pacific. The demand for smoking pipe in this region is expected to rise over the next few years, as a result of increase in number of smokers, urbanization, rise in living standards, and rise in levels of disposable income.
Operating players have substantial expansion potential in the Asia-Pacific and LAMEA markets. Consumers' rising disposable income and rising acceptance of western lifestyles are the two main factors propelling industry expansion. Sales of smoking pipes have surged even more as young people's desire to smoking has grown as a way to fit in with society. The market participants who want to introduce cutting-edge smoking pipes have substantial growth chances in Asia-Pacific. Additionally, Latin American nations like Brazil are anticipated to present lucrative economic potential due to the region's significant tobacco product usage.
Another driver in the growth of the market is the rapid adoption of online sales channels. The use of new product marketing and promotion strategies online has propelled market growth. The rapid technological change has also fueled competition among companies due to which large retailers and wholesalers relocated their operations online, forcing smaller companies to reconsider their marketing plans. Most of Generation X and Generation Y spend the majority of their time on online buying platforms, which marketers use as an opportunity to make their products easily visible to them. At the same time, customers are also getting the convenience of buying the products with ease and comfort of their home without putting much effort into the offline search. Due to lack of time and an increase in the trend of shopping from online channels, consumers often prefer buying products online leading to an increase in the sales of smoking pipes online.
The major players analyzed for the smoking pipe industry are Ashton Cigars, BBK Tobacco & Foods, LLP, British American Tobacco PLC, Bull Brand, C.Gars Ltd., Chongz, Imperial Brands, Jinlin (HK) Smoking Accessories Co., Ltd., Kristein Pipe Co. Inc., Missouri Meerschaum Company, Mr. Brog, Nording Pipes, Peterson, The Pipe Outlet, and Univac Furncrafts Pvt. Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative smoking pipe market analysis of the current smoking pipe market trends, estimations, and dynamics from 2022 to 2031 to assist to identify the prevailing smoking pipe market opportunity.
- Major countries in each region are mapped according to the individual market revenue.
- The region-wise and country-wise market conditions are comprehensively analyzed.
- This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.
- An in-depth analysis of each segment of the market is provided to assist the prevailing market opportunities.
Smoking Pipe Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 3.1 billion |
 Growth Rate | CAGR of 4.5% |
 Forecast period | 2021 - 2031 |
 Report Pages | 300 |
 By Type |
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 By Age Group |
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 By Distribution Channel |
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 By Region |
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 Key Market Players | Imperial Brands PLC, Ashton Distributors, Inc., Jinlin (HK) Smoking Accessories Co., Ltd., Bull Brand, Chongz, C.Gars Ltd., BBK Tobacco and Foods, LLP, Kristein Pipe Co. Inc, Missouri Meerschaum Company |
Analyst Review
According to the insights of CXOs of leading companies, the smoking pipe market will only increase in terms of value sales through innovation. As consumer demand for different smoking pipes increases, manufacturers are able to produce innovative products at competitive rates with eco-friendly packaging. In public spaces like pubs, restaurants, and coffee shops, there is a growing demand for pipes. In addition, the younger generation is more drawn to parties and uses bongs, water pipes, and other smoking equipment to look cool with their friends. Furthermore, young people frequently choose to smoke due to peer pressure. Some young people view smoking as a sign of independence, which raises the prevalence of smoking at gatherings in cafes and restaurants.
CXOs further added that a significant portion of the population is also drawn to buy smoking pipes online due to the expansion of various online portals globally and the rise in offers and discounts. A major source of income for many firms, the online sales channel has also expanded customer reach. During the forecast period, manufacturers and suppliers of smoking pipes should benefit greatly from an increase in sales of smoking pipes through online distribution channels, particularly on manufacturer-owned websites and on e-commerce websites like Amazon, Walmart, and numerous other local e-commerce portals around the world. To promote the sales of smoking pipes on numerous e-commerce websites, producers and distributors also provide appealing discounts.
The global smoking pipe market was valued at $2,034.1 million in 2021, and is projected to reach $3,141.3 million by 2031, registering a CAGR of 4.5% from 2022 to 2031.
The forecast period in the smoking pipe market report is 2022 to 2031.
The base year calculated in the smoking pipe market report is 2021.
The market value of the smoking pipe market in 2021 was $2,034.1 million.
The hookah segment is the most influential segment in the smoking pipe market report.
The top companies analyzed for global smoking pipe market report are Ashton Cigars, BBK Tobacco & Foods, LLP, British American Tobacco PLC, Bull Brand, C.Gars Ltd., Chongz, Imperial Brands, Jinlin (HK) Smoking Accessories Co., Ltd., Kristein Pipe Co. Inc., Missouri Meerschaum Company, Mr. Brog, Nording Pipes, Peterson, The Pipe Outlet, and Univac Furncrafts Pvt. Ltd.
Asia-Pacific holds the maximum market share of the smoking pipe market in 2021.
The company profile has been selected on the basis of key developments such as partnership, product launch, merger and acquisition.
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