The Hookah Charcoal Market is being driven by Growing number of bars and nightclubs
The Hookah Charcoal Market is expected to grow at a CAGR of 6.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 40 million. In the global hookah charcoal market, there is a growing preference for natural charcoal derived from coconut shells. This eco-friendly alternative is increasingly popular, particularly in developing countries such as Indonesia, India, and Malaysia. The production process involves carbonizing coconut shells in a specialized charcoal kiln, resulting in high-quality charcoal with minimal ash residue. In contrast, the demand for quick-light charcoal, which is made from compressed coal dust and infused with chemicals, is declining. Key advantages of natural charcoal include its lack of chemicals, enabling it to burn for a longer duration compared to quick-light charcoal.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
191 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.9% |
Market growth 2025-2029 |
USD 40 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
6.3 |
Key countries |
US, Egypt, India, Germany, Turkey, UK, Brazil, China, Saudi Arabia, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Hookah charcoal market is witnessing significant growth due to the increasing popularity of hookah smoking among urban populations and the young generation. Hookah, also known as a water pipe or shisha, uses charcoal to burn shisha tobacco, releasing sweet-smelling aromatic smoke. While natural flavors are preferred, some opt for artificial ones. Coconut husk charcoal is a popular alternative to traditional wood charcoal, reducing carbon residue. Hookah sessions often occur in food establishments, nightclubs, and social gatherings, and can be accompanied by alcohol consumption for lifestyle improvement. The process involves placing the charcoal on a foil in the hookah bowl, lighting it with a flame from a lighter, and inhaling the smoke through the water-filled pipe.
The Hookah charcoal market is a segment of the broader global tobacco market, encompassing entities involved in the research and development or production of hookah charcoal. This market category also includes other tobacco products such as cigarettes, cigars, cigarillos, dissolvable tobacco, oral tobacco, E-cigarettes, legal cannabis, and industrial hemp-based items. According to Technavio, the global food, beverage, and tobacco market size is determined by the collective revenue generated by manufacturers in these sectors. Factors fueling the expansion of the tobacco market include the growing consumer base for tobacco, with the global population projected to increase at an annual rate of around 1%. Additionally, the appeal of hookah charcoal, which produces sweet clouds with natural and artificial flavors from shisha tobacco, contributes to the market's growth. The use of alternative materials like coconut husk and oxygen for producing aromatic smoke further enhances the consumer experience.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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