Report ID: SQMIG30J2022
Report ID:
SQMIG30J2022 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
92 |
Figures:
77
Asia Pacific, which had the highest revenue share of over 46.0% in 2021 and is predicted to grow at the fastest rate of 4.4% over the course of the forecast period, dominated the smoking accessory market. The rise of the regional market is influenced by the rising percentage of young smokers in the population as well as the increased use and adoption of smoking accessories as they pick up the habit to appear trendy. The incidence of smoking in the area is rising along with the population growth, which has prompted a rise in the usage of smoking accessories. Consumers in the area are embracing western lifestyles more frequently along with their rising disposable money, which is aiding in the market's growth.
The market for smoking accessories in North America is anticipated to expand significantly between 2022 and 2030. The market expansion in the region is attributed to the increased demand for make-your-own-tobacco cigarettes and joints, as well as the rising popularity of vaping and the declining demand for traditional tobacco products and cigarettes. Due to the rising popularity and use of nicotine products among women, students, and young people who require smoking accessories, the market in the region is growing. Also, the availability of cannabis that has been synthesized and reproduced increases demand for smoking equipment.
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Report ID: SQMIG30J2022