LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent herbal cigarette market in the US report until 2021. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
The research study by Technavio on the herbal cigarette market in the US for 2017-2021 provides detailed industry analysis based on product type (organic herbal cigarette and non-organic herbal cigarette) and distribution channel (forecourt retailers, tobacco specialist, convenience stores, online retailers, discounters, and hypermarkets and supermarkets).
“The herbal cigarette market in the US is projected to grow to USD 367 million by 2021. The perceived health-related benefits of herbal cigarettes is creating a positive market environment, thereby driving its growth,” says Manjunath Reddy, a lead analyst at Technavio for food research.
Competitive vendor landscape
The herbal cigarette market in the US is affected by consumer tastes; regional, national, and local economic conditions; and demographic trends. The fragmented vendor landscape is extremely competitive, with the players competing on the basis of price, quality, innovation, reputation, and distribution. It is imperative for vendors to distinguish their service and product offerings through unique and clear value propositions to thrive in the competitive market environment. The herbal cigarette market in the US is also witness to large global players constantly entering the market space since it holds a dominant position in the global market.
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Top five vendors in the herbal cigarette market in the US
AMERICAN BILLY is a US-based company specializes in green and black tea herbal cigarettes. The company takes advantage of the popularity of the e-commerce website Amazon to sell its herbal cigarettes.
Ecstacy Cigarettes specializes in tobacco-free and nicotine-free herbal cigarettes. The company offers free shipping, weekly specials, and no-hassle return policies as part of its strategy to attract consumers.
Honeyrose Products specializes in tobacco-free and nicotine-free herbal cigarettes, and other smoking products. It also offers international shipping through the US Postal Service (USPS). The company strives to offer innovative flavors in its tobacco-free alternative cigarette product lines.
Nirdosh offers products like herbal cigarettes, herbal balm, and herbal liquid balm. The company focuses on launching a wide variety of flavors for its herbal products. For instance, it launched herbal raw mixture kit in flavors like strawberry, real chocolate, green apple, alphonso mango, and others.
Smoke Free specializes in nicotine-free cigarettes. The company takes advantage of the popularity of the e-commerce website Amazon to sell its herbal cigarettes.
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Technavio is leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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