LONDON--(BUSINESS WIRE)--The report, global hookah charcoal market has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on distribution channel and geography for the forecast period 2019-2023.
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This report on the hookah charcoal market includes:
Hookah charcoal market analysis and forecast 2019-2023: Features
- Competitive landscape
- Distribution Channel
- Market drivers
- Market trends
- Market challenges
- Five forces analysis
- Market landscape
- Market sizing & forecast
Hookah Charcoal Market 2019-2023: Competitive Landscape
- Vendors covered
- Haze Tobacco LLC
- Lizzaik General Trading
- Nu Tobacco
- Pharaohs Hookahs
- PT PIONARA PRODUCTION INTERNATIONAL
Hookah Charcoal Market 2019-2023: Geographic Landscape
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
Hookah Charcoal Market 2019-2023: Distribution Landscape
- Offline - Market size and forecast 2018-2023
- Online - Market size and forecast 2018-2023
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Expansion of the middle-class population and increase in disposable income will drive the hookah charcoal market
The expansion of the middle-class population along with the increase in disposable income has led to higher demand for luxurious smoked tobacco products including hookah charcoal. The growth in disposable income has increased the purchasing power of consumers, particularly those belonging to the middle-class segment. Developing countries such as China and India are witnessing a steady rise in the middle-class population. Moreover, changing lifestyles and rapid urbanization have prompted bar chains and nightclubs to provide hookah as a key offering along with drinks and food items.
Rising Popularity of Flavored Hookah– An emerging trend in the hookah charcoal market
Flavored hookah is gaining popularity among millennials and young smokers as it releases aromatic smoke which is more pleasant to inhale compared to non-flavored hookahs. Furthermore, there has been an increase in the popularity of hookah bars and cafes, especially in areas frequented by students and young adults. In addition, the growing number of food establishments offering a variety of hookah flavors along with premium alcohol and multicuisine food will further drive the hookah charcoal market growth during the forecast period.
Other Key Topics Covered in the Report are:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Growing demand for natural charcoal
- Rising popularity of flavored hookah
- Expansion of online distribution network
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