Market Definition
A smoking pipe (also known as a tobacco pipe) is used to inhale the smoke of a burning substance, which can also accommodate almost any other substance. Historically, smoking pipes were used in celebrations, with the tradition gradually gaining popularity over the years as an acceptable way to smoke tobacco. Flavored compounds sold in bulk could be tested directly on the premises in smoke rooms set up for clients. Further, tobacco pipe is loose-leaf tobacco grown in northern middle Tennessee, western Kentucky, and Virginia.
Market Outlook
The global smoking pipe market was valued at US$ 2.0 billion in 2021 and it is anticipated to grow up to US$ 3.1 billion by 2031, at a CAGR of 4.5% during the forecast period.
Cigarettes and cigars have a higher smoking index than smoking pipes despite being consumed in moderation. Therefore, the health-conscious population addicted to cigarettes tends to incline towards much healthier choices, giving them utility at a comparatively lower level of tobacco consumption. The smoking pipe does the same by enhancing the utility and lowering tobacco consumption. Further, when it comes to smoking pipes’ features, they are coated internally with flavors, or a customized supplementary solution is provided, which could be added to the tobacco to provide an enhanced experience to the consumer while smoking a pipe. Moreover, from the perspective of pipe manufacturers, to reduce the overall cost associated with the tobacco tax and advertisement restrictions of the product, manufacturers have come up with the solution of providing a pseudo tobacco experience with no health hazard strings attached, zero added cost to the manufacturer coupled with a constant flow of revenues through sustainable pseudo tobacco business. Thus, the rising health consciousness among the global citizens boosts the growth of the global smoking pipe market.
Strict rules imposed by federal governments of several nations regarding the smoking of tobacco products in public places might act as a restraining factor for the smoking pipe market. For instance, in December 2017, according to the article published by the GUARDIAN Newspapers, Rwanda imposed a ban on the importation and smoking of water-pipe tobacco. The ban is in line with World Health Organization (WHO) tobacco guidelines underlining smoking health effects such as damaging, addictive, and dangerous to human lives. Further, smoking pipes have several substitutes in the market, including cigarettes, cigars, e-cigarettes, and roll on your own. Smoking tobacco in a pipe is dangerous for the health as it can cause cancer, heart disease, lung disease, and gum & teeth problems.
To Know More: https://www.globalinsightservices.com/reports/smoking-pipe-market/
Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
Request Sample: https://www.globalinsightservices.com/request-sample/GIS10411/
Market Segmentation
The report analyses the global smoking pipe market based on material, type, age group, and region.
Global Smoking Pipe Market by Material
Based on material, it is segmented into wood, stainless steel, glass, clay, brass, and others. The wood segment is expected to have the largest smoking pipe market share in 2021. Wood pipes are commonly used, because wood is widely considered the best material, both in terms of pipe durability and the smoking experience that it provides. Wood offers a unique finish no matter what user is smoking. They’re portable, convenient, and incredibly simple to use. Due to multiple benefits, the wood segment is expected to receive the main market attraction resulting in market growth.
Global Smoking Pipe Market by Type
Based on type, it is segmented into bong, hookah, chalice, and others. The hookah segment is expected to dominate the market during the forecast period. The growth of the hookah segment is attributed to the growing demand for flavored hookah tobacco among young generation. Also, the consumption of hookah is used to the advantages which soothe the mind and revitalize. Due to these factors mentioned above, the hookah segment is expected to dominate the market during the forecast period.
Global Smoking Pipe Market by Age Group
Based on age group, it is segmented into below 18 years, 18 to 30 years, 30 to 50 years, and above 50 years. The 18 to 30 years segment is expected to be the largest segment in the smoking pipe market in 2021, owing to growing youth population in developing or underdeveloped regions. People who are between 18 to 30 years, prefer to use tobacco pipe as it is more comfortable than other types of smoking devices, cigars, and cigarettes. Thus, the 18 to 30 years segment will likely hold a major market share in 2021.
Geographical Analysis of Global Smoking Pipe Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific market is expected to hold the majority of the market share in 2021. This is mainly due to the growing popularity of smoking pipes among youth in countries, including China, India, and Indonesia in the Asia Pacific region. Moreover, the presence of many potential vendors in this region further encourages market growth. This, in turn, boosts the demand for smoking pipe in the Asia Pacific region.
Request Customization@ https://www.globalinsightservices.com/request-customization/GIS10411/
Major Players
The key players studied in the global smoking pipe market are Blakemar Briars (UK), Boswell Pipes (US), Brigham Enterprises Inc. (Canada), Dr. Grabow Pipes (US), MacQueen Pipes (Canada), Mr. Brog (US), Peterson Ltd. (Ireland), Savinelli S.r.l (Italy), Silverline Productions (India), and The American Smoking Pipe Co. (US).
Request Discounted Pricing@ https://www.globalinsightservices.com/request-special-pricing/GIS10411/
Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
Buy your copy here: https://www.globalinsightservices.com/checkout/single_user/GIS10411/
With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Infographic excel data pack, easy to analyze big data
- Robust and transparent research methodology
- Unmatched data quality and after sales service
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Us:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.