Hookah Charcoal Market to grow by USD 41.73 million between 2024-2028
According to a research report “ Hookah Charcoal Market” by Distribution Channel (Online, Offline) Type (Natural, Non-natural) Geography (Middle East and Africa, Europe, APAC, North America, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 41.73 million at a CAGR of 7.49% during the forecast period. The global hookah charcoal market has experienced significant growth due to the proliferation of establishments such as bars, pubs, lounges, taverns, and nightclubs. Factors including a youthful, socially engaged demographic, competitive pricing, and escalating demand for tobacco products have driven this expansion. Developing nations, specifically India and China, have seen a marked increase in hookah charcoal consumption. Consumers' hectic lifestyles and the growing trend towards socializing have resulted in frequent visits to these venues, while the opening of exotic bars at popular tourist destinations captivates the attention of the younger generation..
Browse market data tables, figures, and in-depth TOC on “Hookah Charcoal Market” by Distribution Channel (Online, Offline) Type (Natural, Non-natural) Geography (Middle East and Africa, Europe, APAC, North America, South America) Global Forecast to 2028.
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By Distribution Channel, the Online segment is projected to dominate the market size in 2024.
In the hookah charcoal market, natural charcoal holds a significant market share in 2023. This trend is driven by consumer preferences for healthier alternatives and a more authentic smoking experience. Natural charcoals, produced primarily from renewable resources like hardwood, bamboo, and coconut shells, are free from chemicals and additives. Companies such as Cocourth and Prestige Bubbles offer genuine coconut coals, renowned for their minimal ash production and clean burn. The increasing focus on environmental sustainability further boosts the demand for natural hookah charcoals, as they are considered eco-friendly due to their renewable and low-impact production methods.
By Type, Natural segment is expected to hold the largest market size for the year 2024.
The hookah charcoal market is experiencing significant growth through online sales channels. Consumers are increasingly making purchasing decisions based on online research, driven by the extensive reach of e-retailers like Amazon, Alibaba, and JD.com. Factors such as increasing Internet penetration and the widespread use of smartphones are further fueling this trend. As a result, hookah charcoal vendors are capitalizing on the cost savings offered by online platforms to expand their customer base.
Middle East and Africa is forecasted to hold the largest market size by region in 2024.
The MEA region's robust economic growth, urbanization, and affluent consumer base have fueled the expansion of the bars and restaurants sector. The UAE's burgeoning tourism industry, with 3.7 million international tourists between June 2020 and May 2021, significantly contributes to this trend. The resulting increase in spending on hospitality establishments has subsequently driven the demand for hookah charcoal, making it a lucrative business opportunity in this market.
The Hookah Charcoal Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Hookah charcoal market caters to the demand for authentic and flavored hookah experiences among the young generation and urban population. This market includes the production and distribution of charcoal used in water pipes, such as coconut shells, foil, and lighters. The aromatic smoke produced from hookahs, often flavored with natural or artificial flavors, has become a popular lifestyle improvement choice for nightclub activities and modern lifestyle enthusiasts. Hookah charcoal is essential for creating the sweet clouds characteristic of hookah smoking. It is made from wood, with oxygen used in the combustion process to minimize carbon residue. The charcoal is typically used with shisha tobacco, which is placed in a hookah bowl. The use of hookah charcoal has become increasingly popular due to its ability to enhance the taste and experience of hookah smoking. In summary, the hookah charcoal market serves the growing demand for hookah experiences among various demographics. It provides a key component for creating the flavored smoke enjoyed in food establishments and social settings.
Market Research Overview
In the realm of e-commerce and online marketplaces, the demand for hookah charcoal continues to surge among young adults, particularly in academic and professional settings. However, discrimination and social stigma surrounding the use of smoked tobacco products persist. The hookah charcoal market caters to various preferences, offering a range of sizes, patterns, and shapes, including Cubes, Shapes, Charco Lite Charcoal, and Quick Lite Charcoal. Hookah charcoal is derived from carbon substances, such as coconut shells, and comes in various forms like foil, hose, water, and lighter. Brands like Starlight Charcoal, Haze Tobacco, Titanium Coconut, and Firdauz Charcoal dominate the market. Despite the modern lifestyle improvement, health risks associated with hookah use remain a concern. Harmful chemicals like carbon monoxide, respiratory illness, heart disease, and lung cancer pose significant health hazards. Rapid urbanization and nightclub activities contribute to the increasing popularity of hookah among the middle class population. Moreover, the hookah charcoal market offers a variety of flavors, including natural and artificial ones, to cater to diverse tastes. The use of taste enhancers, artificial flavors, and natural hookah charcoal made from plant materials, such as coconut husk, adds to the appeal. However, it is essential to be aware of the health risks and potential addiction to harmful chemicals.
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