The Global Tobacco Accessories Market Trends
The global tobacco accessories market size is estimated at US$ 72 Billion in 2022. The growth of the market is attributed to an increasing number of smokers around the world, prompting the introduction of a flurry of different Tobacco accessories. The overall demand for smoking accessories is projected to grow at a CAGR of 4.2% between 2022 and 2032, totaling around US$ 101 Billion by 2032.
Smoking accessories include rolling paper, filter tips, tobacco bowls, pipes, cigarette holders, cigarette papers, cigarette lighters, and other items associated with smoking, electronic cigarettes, and other 'stop smoking' products unless recognized by the National Health Service and other items bearing tobacco or smoking-related branding.
Developing economies such as Saudi Arabia, China and India
have exhibited significant growth in tobacco consumption, resulting in an
upsurge in demand for smoking accessories in recent times. Furthermore, an
inclination toward herbal and nicotine-free smoking support demand for smoking
accessories market in developed economies like North America and Europe. In
terms of distribution channels, online
sales of water pipes and vaporizers have boosted the global sales
of smoking accessories across the globe.
The smoking accessories market is anticipated to witness
exponential growth, owing to an increase in the enticement of youth toward
smoking. Besides, water pipes have become the centerpieces of cafés and
restaurants, especially in countries such as South Africa, and the U.S, backed
by increasing consumption of medicinal herbs, including cannabis.
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