Global Smoking Accessories Market to Reach US$ 98 Billion by 2032, Stimulated by Increasing Number of Smokers

July 11, 2023 | Retail

According to the latest report by IMARC Group, titled “Smoking Accessories Market by Product Type (Grinder, Water Pipes, Rolling Paper, Vaporizer, and Others), Age Group (Below 18 Years, 18 to 30 Years, 30 to 50 Years, Above 50 Years), Distribution Channel (Offline, Online), and Region 2024-2032,” the global smoking accessories market size reached US$ 68.3 Billion in 2023. Smoking accessories refer to a wide range of tools, devices, and products that enhances the smoking experience for individuals who indulge in tobacco or other smoking substances. They are designed to provide efficiency, convenience, and customization options to smokers. These accessories include cigar cutters and humidors, designed to maintain the freshness and quality of cigars. Other smoking accessories include pipe cleaners, which help keep pipes clean and free from residue, and tobacco grinders that allow smokers to prepare their tobacco or herbs for smoking. As a result, smoking accessories are gaining significant popularity due to their ability to produce smoke at higher levels and offer an enhanced experience to users.

Global Smoking Accessories Market Trends:

The global market is primarily driven by the increasing number of smokers. Moreover, the rising smoking alternatives are catalyzing the market as these alternatives require specific accessories, such as cartridges, coils, and mouthpieces. Furthermore, several leading players are introducing numerous flavors, including fruit, menthol, and chocolate, to be utilized in water pipes and vaporizers, which is providing a boost to the market. Besides, the growing demand for stylish and visually appealing smoking accessories which have unique designs, patterns, colors, and materials that align with individual tastes and preferences is creating a positive market outlook. Moreover, the expansion of the tourism and hospitality industry is supporting the growth of the market as hotels, resorts, and entertainment venues provide designated smoking areas and lounges, which require a range of smoking accessories to accommodate guest’s preferences. Apart from this, the easy availability of water pipe products in various specialty stores, such as bars, cafes, and lounges, is impacting the market favorably. Looking forward, the market value is projected to reach US$ 98 Billion by 2032, expanding at a CAGR of 4.05% during 2024-2032.

Market Summary:

Based on the product type, the market has been segmented into grinder, water pipes, rolling paper, vaporizer, and others. Currently, vaporizer represents the largest market segment.
On the basis of the age group, the market has been divided into below 18 years, 18 to 30 years, 30 to 50 years, and above 50 years. Among these, 18-30 exhibit a clear dominance in the market.
Based on the distribution channel, the market has been bifurcated into offline and online. Among these, offline accounts for the largest market share.
Region-wise, the market has been segmented into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. Among these, Asia Pacific holds the leading position in the market.
The competitive landscape of the market has also been examined, with some of the key players being Black Leaf, British American Tobacco P.l.c., Bull Brand, Chongz Ltd., Curved Papers Inc., Empire Glassworks, Imperial Brands Plc, Jinlin (HK) Smoking Accessories Co. Ltd., Moondust Paper Pvt Ltd., and Republic Technologies International SAS.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Product Types Covered	Grinder, Water Pipes, Rolling Paper, Vaporizer, Others
Age Groups Covered	Below 18 Years, 18 to 30 Years, 30 to 50 Years, Above 50 Years
Distribution Channels Covered	Offline, Online
Regions Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Black Leaf, British American Tobacco P.l.c., Bull Brand, Chongz Ltd., Curved Papers Inc., Empire Glassworks, Imperial Brands Plc, Jinlin (HK) Smoking Accessories Co. Ltd., Moondust Paper Pvt Ltd., and Republic Technologies International SAS.
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Global Smoking Accessories Market to Reach US$ 98 Billion by 2032, Stimulated by Increasing Number of Smokers

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