Global Hookah Tobacco Market 2018-2022
About Hookah Tobacco
Hookah tobacco or shisha is flavored tobacco mixed with molasses and vegetable glycerol mixed as a moisturizer. Currently, hookah tobacco is manufactured predominantly in countries like Egypt, Saudi Arabia, Jordan, India, and China.
Technavio’s analysts forecast the Global Hookah Tobacco Market to grow at a CAGR of 8.52% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the hookah tobacco market. To calculate the market size, the report considers the revenue generated from the sale of hookah tobacco across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Hookah Tobacco Market 2018-2022
Technavio recognizes the following companies as the key players in the global hookah tobacco market: Al Fakher, FUMARI, Japan Tobacco, Middle East Tobacco, and SHOPSTARBUZZ.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the rising trend of online retailing. The rapid emergence of the e-commerce industry has offered tremendous potential for hookah tobacco companies to retail hookah tobacco online, which will have a positive impact on the growth of the market.”
According to the report, one driver influencing this market is the increasing frequency of new flavor launches in hookah tobacco. The global hookah tobacco market is likely to witness rapid growth owing to growing number of innovative and new products being launched across the globe.
Further, the report states that one challenge affecting this market are the stringent regulations on consumption of hookah tobacco. Ongoing confusion regarding the legality of using hookah tobacco products in many countries might impede the growth of the global hookah tobacco market during the period of forecast.
Middle East Tobacco