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Growth of Hookah Charcoal Market to be Impacted by Rising Popularity of Flavored Hookah | Technavio

November 21, 2019 GMT
Growth of Hookah Charcoal Market to be Impacted by Rising Popularity of Flavored Hookah | Technavio
Growth of Hookah Charcoal Market to be Impacted by Rising Popularity of Flavored Hookah | Technavio

LONDON--(BUSINESS WIRE)--Nov 20, 2019--

The report, global hookah charcoal market has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on distribution channel and geography for the forecast period 2019-2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191120006021/en/

Technavio has announced its latest market research report titled global hookah charcoal market 2019-2023. (Graphic: Business Wire)

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This report on the hookah charcoal market includes:

Hookah charcoal market analysis and forecast 2019-2023: Features

Hookah Charcoal Market 2019-2023: Competitive Landscape

Hookah Charcoal Market 2019-2023: Geographic Landscape

Hookah Charcoal Market 2019-2023: Distribution Landscape

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Expansion of the middle-class population and increase in disposable income will drive the hookah charcoal market

The expansion of the middle-class population along with the increase in disposable income has led to higher demand for luxurious smoked tobacco products including hookah charcoal. The growth in disposable income has increased the purchasing power of consumers, particularly those belonging to the middle-class segment. Developing countries such as China and India are witnessing a steady rise in the middle-class population. Moreover, changing lifestyles and rapid urbanization have prompted bar chains and nightclubs to provide hookah as a key offering along with drinks and food items.

Rising Popularity of Flavored Hookah– An emerging trend in the hookah charcoal market

Flavored hookah is gaining popularity among millennials and young smokers as it releases aromatic smoke which is more pleasant to inhale compared to non-flavored hookahs. Furthermore, there has been an increase in the popularity of hookah bars and cafes, especially in areas frequented by students and young adults. In addition, the growing number of food establishments offering a variety of hookah flavors along with premium alcohol and multicuisine food will further drive the hookah charcoal market growth during the forecast period.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

MARKET SIZING

Get Full Report: https://www.technavio.com/report/hookah-charcoal-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

Market Trends

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191120006021/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

KEYWORD:

INDUSTRY KEYWORD: TOBACCO RETAIL

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/20/2019 11:00 PM/DISC: 11/20/2019 11:01 PM

http://www.businesswire.com/news/home/20191120006021/en