The global smoking pipe market was valued at $2.0 billion in 2021, and is projected to reach $3.1 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031. The market for smoking pipes is mostly driven by online shopping platforms. At the moment, the majority of companies that produce smoking accessories have their own online shops where customers can obtain information about product debuts, features, demos, prices, and other necessary details. Due to the wide range of product alternatives and price comparisons offered by internet retailers, more people are buying online. Due of the lack of investment in physical outlets, this is advantageous for merchants. Additionally, consumers are increasingly preferring to shop online since they can read reviews left by other customers, compare different businesses and products, and check the costs of other sellers. As a result, the market for smoking pipes is expanding due to an increase in online sales channels.
The global smoking pipe market is segmented into types, age group, distribution channel, and region. On the basis of types, the market is classified into bong, hookah, chalice, and others. By age group, it is bifurcated into below 18 years, 18 to 30 years, 30 to 50 years, and above 50 years. As per distribution channel, it is categorized into online and offline. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Switzerland, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, and rest of LAMEA).
The impact of the COVID-19 outbreak was moderate on the growth of the global smoking pipe market. Rise in internet penetration and surge in e-commerce sales contributed toward the growth of the market. However, trade restrictions and lockdown resulted into halting of production and manufacturing units. Conversely, the recovery of the smoking pipe market is expected in near future.
Due to the existence of nations like India, China, Australia, and others, the Asia-Pacific region presents lucrative expansion potential for operational players. The market for smoking pipes is expanding primarily due to rising consumer disposable income and rising population numbers. Developing nations provide market participants with prospective growth prospects for the introduction of novel smoking pipes, which further fuels market expansion.
The major players operating in the global smoking pipe market 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.
The global smoking pipe market is segmented into types, age group, distribution channel, and region. On the basis of types, the market is classified into bong, hookah, chalice, and others. By age group, it is bifurcated into below 18 years, 18 to 30 years, 30 to 50 years, and above 50 years. As per distribution channel, it is categorized into online and offline. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Switzerland, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, and rest of LAMEA).
The impact of the COVID-19 outbreak was moderate on the growth of the global smoking pipe market. Rise in internet penetration and surge in e-commerce sales contributed toward the growth of the market. However, trade restrictions and lockdown resulted into halting of production and manufacturing units. Conversely, the recovery of the smoking pipe market is expected in near future.
Due to the existence of nations like India, China, Australia, and others, the Asia-Pacific region presents lucrative expansion potential for operational players. The market for smoking pipes is expanding primarily due to rising consumer disposable income and rising population numbers. Developing nations provide market participants with prospective growth prospects for the introduction of novel smoking pipes, which further fuels market expansion.
The major players operating in the global smoking pipe market 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 analysis of the market segments, current trends, estimations, and dynamics of the smoking pipe market analysis from 2021 to 2031 to identify the prevailing smoking pipe market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the smoking pipe market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global smoking pipe market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Bong
- Hookah
- Chalice
- Others
By Age Group
- Below 18 years
- 18 to 30 years
- 30 to 50 years
- Above 50 years
By Distribution Channel
- Offline
- Online
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Switzerland
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest Of Asia Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- British American Tobacco PLC
- Bull Brand
- C.Gars Ltd.
- Chongz
- Imperial Brands PLC
- Jinlin (HK) Smoking Accessories Co., Ltd.
- Kristein Pipe Co. Inc
- Missouri Meerschaum Company
- Mr. Brog
- Nording Pipes
- Peterson Ltd
- The Pipe Outlet
- Univac Furncrafts Pvt. Ltd.
- Ashton Cigars
- BBK Tobacco and Foods, LLP
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SMOKING PIPE MARKET, BY TYPE
CHAPTER 5: SMOKING PIPE MARKET, BY AGE GROUP
CHAPTER 6: SMOKING PIPE MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: SMOKING PIPE MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Smoking Pipe Market," the smoking pipe market size was valued at $2.0 billion in 2021, and is estimated to reach $3.1 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.The market for smoking pipes is mostly driven by online shopping platforms. The majority of companies that manufacture smoking pipes at the moment have their own online shops where customers can obtain information about new debuts, features, demos, prices, and other necessary details. Due to the variety of product alternatives and price comparisons offered by online retailers, there is a growth in the number of people purchasing online. Due of the lack of investment in physical stores, this is advantageous for merchants. Online shopping is becoming more and more popular since it allows customers to read reviews left by other customers, compare different stores and products, and check product prices from other sellers. As a result, the market for smoking pipes is expanding due to an increase in online sales channels.
For market players, the smoking pipe market in Asia-Pacific and LAMEA has significant smoking pipe market growth potential. Market expansion is primarily driven by rising consumer disposable income and an increase in the adoption of western lifestyles. Sales of smoking pipes have also surged as a result of young people's growing desire to smoking in order to look cool in society. The market participants might debut cutting-edge smoking pipes in Asia-Pacific, which offers prospective growth chances. Furthermore, due to the increasing usage of tobacco products, Latin American nations like Brazil are anticipated to present appealing commercial chances.
Instead of using cigarettes, nicotine replacement therapy is a procedure that has been recommended by doctors. It helps people stop smoking cigarettes or chewing tobacco. By drastically reducing cravings, nicotine replacement therapy can end the mental dependence on tobacco-based goods. Growing public awareness about the high rate of success of nicotine replacement therapy, including patches, lozenges, gum, and other items, is limiting market growth for smoking pipes.
According to the global smoking pipe market analysis, the global market is segmented into types, age group, distribution channel, and region. On the basis of types, the market is classified into bong, hookah, chalice, and others. Among these, the hookah segment occupied the major smoking pipe market share in 2021, and is projected to maintain its dominance during the smoking pipe market forecast period. The growth of the hookah segment is attributed to the growing demand for flavored hookah tobacco. However, the bong products segment is anticipated to grow at highest CAGR in the future for smoking pipe market size.
By age group, it is bifurcated into below 18 years, 18 to 30 years, 30 to 50 years, and above 50 years. The 18 to 30 years segment is anticipated to grow at the highest rate during the forecast period, owing to growing youth population in developing or underdeveloped regions.
As per distribution channel, it is categorized into online and offline. The offline segment is anticipated to grow at highest CAGR during the forecast period, due to the growing sales of smoking pipe through specialty stores and tobacconist shops. The offline segment is creating new smoking pipe market opportunity for sales and distribution of smoking accessories in the global market.
In 2021, Asia-Pacific accounted for 37.2% in the global market, and is expected to maintain its dominance during the forecast period. However, North America and Europe are expected to possess the highest CAGRs, owing to rising population of smokers and growing trend of new flavors in terms of cigarette and hookah. This is one of the smoking pipe market trends in the global market.
Exporters in both developed and developing nations faced a number of difficulties as a result of the COVID-19 epidemic. The implementation of lockdown and curfew procedures on a global scale had an impact on both domestic and foreign manufacture of smoking pipes, which in turn hindered market expansion. As a result, the COVID-19 epidemic had a negative influence on the smoking pipe market in 2020 as a result of decreased company sales and operations being suspended.
The major players analyzed for global 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 Findings of the Study
- By types, the hookah segment was the highest revenue contributor to the smoking pipe industry, with $935.3 million in 2021, and is estimated to reach $1,413.7 million by 2031, with a CAGR of 4.3%.
- Depending on age group, the 18 to 30 years segment was the highest revenue contributor to the market, with $955.1 million in 2021, and is estimated to reach $1,378.0 million by 2031, with a CAGR of 3.8%.
- As per distribution channel, the offline segment was the highest revenue contributor to the market, with $1,748.6 million in 2021, and is estimated to reach $2,711.9 million by 2031, with a CAGR of 4.5%.
- Region wise, Asia-Pacific was the highest revenue contributor, accounting for $759.1 million in 2021, and is estimated to reach $1,206.3 million by 2031, with a CAGR of 4.8%.
Companies Mentioned
- British American Tobacco plc
- Bull Brand
- C.Gars Ltd.
- Chongz
- Imperial Brands plc
- Jinlin (Hk) Smoking Accessories Co. Ltd.
- Kristein Pipe Co. Inc
- Missouri Meerschaum Company
- Mr. Brog
- Nording Pipes
- Peterson Ltd
- The Pipe Outlet
- Univac Furncrafts Pvt. Ltd.
- Ashton Cigars
- Bbk Tobacco and Foods, Llp
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 300 |
| Published | July 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 2 billion |
| Forecasted Market Value ( USD | $ 3.1 billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
