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The heat-not-burn tobacco products market is forecasted to grow by USD 91.26 billion during 2023-2028, accelerating at a CAGR of 37.74% during the forecast period. The report on the heat-not-burn tobacco products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost-effectiveness of heat-not-burn tobacco products, heat-not-burn tobacco products are relatively safer than conventional cigarettes, and growing number of organized retailing outlets.
The heat-not-burn tobacco products market is segmented as below:
By Product
- Devices
- Capsules
- Vaporizers
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the heat-not-burn tobacco products market covers the following areas:
- Heat-not-burn tobacco products market sizing
- Heat-not-burn tobacco products market forecast
- Heat-not-burn tobacco products market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global heat-not-burn tobacco products market: British American Tobacco Plc, Imperial Brands Plc, iSmoke Vapor Inc., Japan Tobacco Inc., JFT Co. Ltd., KT and G Corp., Mysmok Electronic Technology, Pax Labs Inc., Philip Morris International Inc., SLANG Worldwide Inc., and Vapor Tobacco Manufacturing.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing promotional activities by vendors."
According to the report, one of the major drivers for this market is the cost-effectiveness of heat-not-burn tobacco products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- British American Tobacco Plc
- Imperial Brands Plc
- iSmoke Vapor Inc.
- Japan Tobacco Inc.
- JFT Co. Ltd.
- KT and G Corp.
- Mysmok Electronic Technology
- Pax Labs Inc.
- Philip Morris International Inc.
- SLANG Worldwide Inc.
- Vapor Tobacco Manufacturing
