Herbal
Smoking Products Are Gaining Traction as The Demand for Nicotine Replacement
Products Increases
With 1.1 Bn smokers globally,
smoking has become a public health issue, causing more than 8 Mn deaths yearly.
Furthermore, 7 Mn of those deaths are directly caused by smoking, with the rest
are due to secondhand smoke exposure. Moreover, smoking is
associated with an increased risk of a number of negative health consequences,
including cardiovascular disease, several types of cancer, diabetes and stroke.
According to ACS Publications, the growing number of smokers in developing
countries contributed significantly to the US$ 849.9 Bn global tobacco industry
in 2021. The number of smokers attempting to quit smoking has increased in
recent years. In the US, between 30% and 50% of smokers try to quit every year,
but only 7.5% of these attempts are successful, owing mostly to the high
addictive power of nicotine alkaloid in tobacco. The herbal smoking products
industry is thriving as a result of rising demand for nicotine replacement
products and increased public awareness of the serious health consequences of
tobacco smoking. The growing concern over the loss of life caused by smoking
tobacco products throughout the globe is expected to increase demand for
nicotine replacement products as well as non-addictive alternatives to tobacco
smoking, positively impacting the development of the herbal smoking products
market.
Several Government Initiatives and Increasing
Consumer Awareness Encourage Market Growth
Several public awareness
programmes and campaigns are being implemented around the globe to encourage
consumers to quit smoking. For example, the World Health Organization (WHO)
recognizes May 31st as World No Tobacco Day in order to raise awareness of the
risks associated with smoking and to implementing appropriate tobacco-control
measures. Similarly, the campaign for Tobacco-Free Kids has assisted consumers
in lowering their smoking addiction. During the forecast period, it is
anticipated that more such awareness programs would launch, increasing the
country's demand of herbal smoking products. Furthermore, several factors, such
as increased consumer knowledge and awareness of products and services via
digital media and other sources, combined with the advent of social media, are
trying to educate consumers about the benefits of herbal smoking products,
which is driving demand for herbal smoking products. Furthermore, the growing
trend of smoking hookahs in hookah lounges, as well as the increasing number of
hookah lounges and bars, coupled with concern about the health effects of
smoking tobacco and nicotine, is expected to promote the concept of herbal
shisha or herbal mu'assel, as these products are free of tobacco or nicotine.
Offline Distribution Channel Will Remain to
Be the Most Lucrative for Herbal Smoking Products
The offline segment's share of the herbal smoking products market will expand significantly during the forecast period. Revenue of herbal smoking products are being driven by the rising retail industry and the establishment of different retail shops. These stores offer consumers a wide range of products to pick from and the convenience of getting everything in one place. Discounted costs and a pleasant shopping experience provided by the store's ambient ambience and shelf displays attract consumers to buy a variety of herbal smoking products from offline stores.
Harmful Chemicals Produced by The Burning
of Herbs Are Most Likely to Pose A Threat
Although herbal smoking products are
free of tobacco or nicotine, the presence of tar, carbon monoxide and
carcinogenic chemicals produced from the burning of the herbs inside the smoking
products is just as dangerous as smoking a conventional tobacco product. Due to
this, several countries throughout the globe oppose the promotion of herbal
smoking products. Furthermore, many herbal smoking products have candy-like
flavors that appeal to children and offer a risk of illegal sales to minors.
Additionally, various anti-smoking initiatives organised around the globe are
leading to a decrease in the number of people who favour smoking, consequently
limiting the global sales of smoking products. Such factors are expected to
stymie the expansion of the global herbal smoking products market. In Nov 2019,
the filler of Honeyrose's newly released hand-rolled herbal cigars is a
"SPECIAL" smoking mixture that is completely tobacco- and
nicotine-free. For a genuine look and feel, the wrapper is tobacco leaf (aged 7
years). For all production purposes, this is an excellent substitute for actual
cigars. Billy 55 LLC, Maans Products (Nirdosh), Brown Bear Herbs, LLC, 22nd
& Everett, Eximburg International Pvt. Ltd., Real Leaf Herbs Ltd., Sinhal
Herbs (Liferr), Mea Ame Global, Hemp Toke, Ecstacy Cigarettes, Honeyrose, Bear
Blend, Fantasia Tobacco company and Hydro Brand Inc. are some of the prominent market
players operating in the global herbal smoking products market.
Rising Distribution Channels in U.S. Are
Fuelling Demand for Herbal Smoking Products
One of the main factors fueling
expansion in the U.S. market is the increasing accessibility of herbal smoking
products through a variety of distribution channels. Herbal smoking products are
distributed through a variety of distribution channels, including supermarkets,
hypermarkets, internet platforms and specialist stores. Among supermarkets and
hypermarkets that offer herbal cigarettes are Sainsbury's, ASDA, and
Tesco. Similarly, the American Cancer Society developed measures to
promote and implement smoke-free workplaces. They include offering incentives
to minimise out-of-pocket costs for smoking cessation treatments, encouraging
more smokers to use them. More such awareness initiatives are expected to be
launch during the forecast period, increasing the country's demand of
smoking cessation goods such as herbal smoking products.
The report provides a detailed
overview of the herbal smoking products market insights in regions including
North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle
East and Africa. The country-specific assessment for herbal smoking products
market has been offered for all regional market share, along with forecasts,
market scope estimates, price point assessment, and impact analysis of
prominent countries and regions. Throughout this market research report, Y-o-Y growth
and CAGR estimates are also incorporated for every country and region, to
provide a detailed view of the herbal smoking products market. These Y-o-Y
projections on regional and country-level markets brighten the political,
economic and business environment outlook, which are anticipated to have a
substantial impact on the growth of the herbal smoking products market. Some
key country and region included in the herbal smoking products market report as
follows:
North America (U.S., Canada)
Latin America (Mexico, Argentina,
Brazil, Peru, Chile)
Europe (Germany, France, Italy, U.K.,
BENELUX, Nordics, Spain, Poland, Russia, CIS)
Asia Pacific (China, ASEAN, India,
Japan, South Korea)
Oceania (Australia, New Zealand)
Middle East and Africa (South
Africa, GCC Countries, Turkey, Israel, Iran)
The Herbal Smoking Products Market Research
Report Covers In-depth Analysis on:
·
Herbal smoking products market segments
·
Herbal smoking products market dynamics
·
Herbal smoking products market value and share
analysis
·
Recent trends, restraints, opportunities in herbal
smoking products market
·
Companies & competition involved herbal
smoking products market
·
Latest technologies in herbal smoking products
market
·
Supply chain and value chain herbal smoking
products market
·
Herbal smoking products market sales and
distribution strategies
Herbal Smoking Products Market Growth
Highlights:
·
A comprehensive overview of parent market
·
Market dynamics, demand and trends in the
industry
·
Current, historical and anticipated market size in
terms of volume
·
In-depth market segmentation
·
Competition landscape
·
Key strategies of leading companies and product
portfolio
·
Herbal smoking products industry trends and developments
·
Potential and country, regions and segments
exhibiting future growth
·
A detailed viewpoint on herbal smoking products market
forecast by countries
·
Essential information to enhance market position
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