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Smoking Accessories Market Analysis

  • Report ID: GMI7888
  • Published Date: Jan 2024
  • Report Format: PDF

Smoking Accessories Market Analysis

The market is segmented based on product types, including cigarette cases & storage containers, pipes, bubbler & bongs, rolling paper & wraps, lighters, smoking filter & paper tip, ashtrays, vapes & vaporizers, herb grinders, and other accessories like grinders, ashtrays, and bongs. Among these segments, vapes & vaporizers have emerged as a dominant category, holding the largest market share. In 2023, this segment accounted for a significant 10.3% of the total market share, showcasing the strong consumer preference for this smokeless alternative. The popularity of vaporizers can be attributed to their perceived health benefits, discreet usage, and the evolving trend toward technology-driven smoking experiences.
 

Smoking Accessories Market Revenue Share, By End - User, (2023)

Based on end-user, the smoking accessories market is segmented into men and women. The male segment dominates this market, holding the largest share and generating a substantial revenue of 6.4 billion USD. This is due to historically speaking smoking has often been associated with masculine culture, influencing a higher participation rate among men. Additionally, the prevalence of traditional smoking methods, such as cigars and pipes, which have traditionally been more popular among men, contributes to the segment larger market share.

However, the women segment is anticipated to witness the fastest CAGR of 7.2% during the forecast period as societal norms shift, there is a greater acceptance of women participating in activities traditionally associated with men, including smoking. Moreover, the increasing popularity of alternative and aesthetically appealing smoking methods, such as flavored vaporizers and stylish, compact pipes, has contributed to the growing appeal among women.

Based on the distribution channel the smoking accessories market is bifurcated into online and offline channels. In 2023, the offline segment held a commanding position in the market, capturing a market share of 61%. This segment's dominance is anticipated to persist in the upcoming years, primarily due to its extensive reach and accessibility to consumers. The prevalence of offline channels in densely populated areas further enhances their effectiveness in reaching the targeted demographic. Additionally, the availability of discounts at these offline stores contributes significantly to their widespread utilization.
 

Asia Pacific Smoking Accessories Market Size, 2021 - 2032, (USD Billion)

In 2023, Asia Pacific dominated the smoking accessories market, securing the largest revenue share at over 43.3%. The region is projected to experience the fastest CAGR of 7.1% throughout the forecast period. This growth is driven by the increasing number of young smokers adopting smoking accessories for a trendy appearance, fueled by the rising population and the adoption of Western lifestyles.

In North America, the market is expected to witness a significant CAGR from 2024 to 2032, attributed to the growing demand for make-your-tobacco products, the rise of vaping, and declining interest in traditional tobacco items. The market is further propelled by the popularity of nicotine products among females, students, and the youth, coupled with the availability of legalized recreational cannabis driving demand for smoking accessories.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The smoking accessories industry was valued at USD 9.3 billion in 2023 and is anticipated to register a CAGR of over 7.1% between 2024 and 2032, backed by global increase in the number of smokers, along with the demand for aesthetically pleasing and functionally innovative accessories.

The male segment accounted for a revenue share of 6.4 billion USD in 2023, due to historical association of smocking with masculine culture, influencing a higher participation rate among men.

Asia Pacific smoking accessories market held a revenue share of over 43.3% in 2023 and will record CAGR of 7.1% through 2032, driven by the increasing number of young smokers adopting smoking accessories for a trendy appearance and the adoption of Western lifestyles.

BBK Tobacco & Foods, Bull Brand, British American Tobacco PLC, Curved Papers, Inc., Empire Glassworks, Elements Rolling Papers, Imperial Brands, and Jinlin Smoking Accessories Co., Ltd. among others.

Smoking Accessories Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 228
  • Countries covered: 19
  • Pages: 170
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