Hookah Market Latest Trends, Potential Effect on Upcoming Future Growth By 2023

18th June 2019 – Hookah Market research Report is a profitable source of perceptive information for business game plans. This Hookah Market study provides comprehensive data which augments the understanding, scope and application of this report. The study of reports gives always satisfactory solution to the user. The research study includes analysis, forecast and revenue of the market from 2018 to 2023. Hookah Market Report gives the comparative result between Top Companies worldwide. It additionally provides the various varieties of segments of the market relating to the product like type, regions, application and players. Current and updated trends together enclosed to the report. 

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The global hookah market is set to witness a robust growth during the forecast period. Traditional hookah is a blend of tobacco, glycerine and honey. It contains varying amounts of nicotine. While some claim, hookah to be tobacco-free, certain tests have confirmed the presence of nicotine in it. Since hookah is being looked upon as a safe alternative to cigar or cigarettes, it is largely appealing to the consumers. Though, the safeness remains a big cause of concern for hookah as it contains nicotine which is very a highly addictive drug. In the past two decades, hookah parlours are running on a commercial scale under various flavours. 

Hookah market is driven by rise in demand for flavoured hookah in the young population followed by large presence of hookah parlours in the metro cities. In addition, the market is driven by flexible regulations laid by authorities in respective regions adds to the market growth. Moreover, preference for flavoured hookah contributes to the market demand. However, side-effects associated with excessive consumption of tobacco is likely to degrade health. Also, the expensive nature of flavoured hookahs impedes the market growth. 

Based on type, the hookah market is segmented as strong, mild and light. Based on flavour, the market is segmented as fruit confectionery and spices. Fruit segment dominates the market. By distribution channel, market is segmented as direct and indirect channel. Direct channels comprises restaurants, bars and cafes. Indirect channels include specialty store, e-commerce, modern trade and store formats. 

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Geographical segmentation for hookah market spans North America, South America, Europe, America, Middle East and Africa. European market is likely to dominate the international market scenario owing to presence of young population and availability of attractive flavours. IoT is another reason for market progress. 

North American market is growing at an unprecedented rate due to the presence of young population and inception of hookah parlour all across the U.S. Flexible norms and regulations for starting a hookah business is likely to propel the market growth during the forecast period. The key players profiled in the hookah industry report comprises Afzal Shisha, Starbuss Tobacco Inc, Social Smoke Inc, Argelini Corp, Fumari Hookah, Haze Tobacco, Tangiers Tobacco Ltd, Fakher Tobacco Trading 

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