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Global Smoking Accessories Market Size to Hit US$ 84.72 Billion by 2028

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Global Smoking Accessories Market Size to Hit US$ 84.72 Billion by 2028

March 23
02:00 2023
Global Smoking Accessories Market Size to Hit US$ 84.72 Billion by 2028
Smoking Accessories Market
The global smoking accessories market size reached US$ 65.13 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 84.72 Billion by 2028, exhibiting a growth rate (CAGR) of 4.35% during 2023-2028, driven by the rising popularity of smoking among millennials and young adults, especially in emerging economies.

This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Smoking accessories are designed to elevate the smoking experience of tobacco or other substances. Some commonly offered smoking accessories include pipes, cigarette holders, lighters, ashtrays, rolling papers, and grinders to vaporizers. A grinder is an essential smoking tool that typically comes in a canister design with teeth-like structures inside, providing finely ground cannabis ready to smoke. Handpipes, on the other hand, are small pipes filled with crushed cannabis, making it convenient to smoke. A rolling machine is also handy in rolling cannabis evenly, ensuring consistent and portable consumption. Since they can produce smoke at a comparatively higher level, smoking accessories are gaining immense traction across the globe, offering an unparalleled smoking experience to users.

Smoking Accessories Market Trends:

The global smoking accessories market size is primarily driven by the rising popularity of smoking among millennials and young adults, especially in emerging economies. Moreover, the escalating demand for luxury smoking accessories, as they are often used to showcase one’s status and lifestyle, is positively influencing the market growth. Additionally, the increasing popularity of vaporizers as a healthier alternative that reduces the number of harmful substances inhaled compared to traditional smoking methods has catalyzed the market growth. Furthermore, the rising use of pipes and other smoking accessories for delivering medicinal herbs and other substances to treat various medical conditions is contributing to the market growth. Other factors, including easy product availability through online and offline retail channels, product innovations, and inflating consumer disposable incomes, are also anticipated to propel the market growth.

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The report has segmented the market into the following categories:

Product Type Insights: 

  • Grinder
  • Water Pipes
  • Rolling Paper
  • Vaporizer
  • Others

Age Group Insights:

  • Below 18 Years
  • 18 to 30 Years
  • 30 to 50 Years
  • Above 50 Years

Distribution Channel Insights:

  • Offline
  • Online

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

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Competitive Landscape:

  • China
  • Applied Materials Inc.
  • Hitachi High-Technologies Corporation (Hitachi Ltd)
  • Lam Research Corporation
  • Mattson Technology
  • Oxford Instruments
  • SPTS Technologies Ltd. (KLA Corporation)
  • Tokyo Electron Limited

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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