Global Smoking Accessories Market

Smoking Accessories Market Size, Share, Growth Analysis, By Type(Waterpipes, Vaporizers, Rolling Paper & Cigarette Tubes, Lighters), By Age Group(Below 18 Years, 18 To 30 Years, 30 To 50 Years, above 50 Years), By Distribution Channel(Offline and Online), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30J2022 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 92 | Figures: 77

Smoking Accessories Market Dynamics

Smoking Accessories Market Drivers

Increasing Cannabis Legalization to Bolster Market Growth

  • The market for smoking accessories is projected to rise as more countries and states legalize cannabis for medical and recreational purposes.
  • E-cigarettes and vaporizers, which are less harmful than traditional smoking, have become attractive smoking replacements. The demand for these goods and their accessories has risen as a consequence.
  • The growing acceptance of smoking in mainstream society and culture has increased demand for smoking accessories.

Smoking Accessories Market Restraints

Health Concerns to Hinder Market Growth

  • Though smoking culture has become more acceptable, there is still a lot of concern about the health risks associated, which might reduce demand for smoking accessories.
  • The selling and marketing of smoking accessories are subject to a number of restrictions due to the market's strict control. This can limit the market's potential for business growth.
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Smoking Accessories Market size was valued at USD 72.35 Billion in 2023 and is poised to grow from USD 75.29 Billion in 2024 to USD 103.6 Billion by 2032, growing at a CAGR of 4.07% during the forecast period (2025-2032).

The global players implementing product innovation strategies have established an extremely fragmented and competitive market for smoking accessories. To strengthen their position in the market, major companies are engaging in a variety of actions. These actions include strategies including strategic partnerships, acquisitions and mergers, the creation and introduction of new products, global expansion, and others. 'S.T. Dupont', 'Colibri', 'Zippo', 'Clipper', 'RAW Rolling Papers', 'Juicy Jay's', 'Elements Rolling Papers', 'OCB', 'Roor', 'Grav Labs', 'H. Upmann', 'La Gloria Cubana', 'Rocky Patel Premium Cigars', 'Vector Group Ltd', 'Scandinavian Tobacco Group A/S', 'Altria Group Inc', 'Japan Tobacco Inc', 'British American Tobacco PLC', 'Imperial Brands PLC', 'Philip Morris International Inc.', 'Others.'

The market for smoking accessories is projected to rise as more countries and states legalize cannabis for medical and recreational purposes.

A growing number of people are turning to vaporizers as an alternative to smoking because of their supposed health advantages and stealth appearance. As a result, it is expected that in the coming years the market for vaporizer accessories, such as replacement parts and chargers, may grow.

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.

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Global Smoking Accessories Market

Report ID: SQMIG30J2022

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