The North America Smoking Accessories Market would witness market growth of 3.1% CAGR during the forecast period (2023-2030).
The market has undergone a significant transformation in recent years, reflecting shifting societal attitudes towards smoking and the evolving legal landscape of tobacco and cannabis products. This market encompasses a broad spectrum of products and accessories designed to enhance the smoking experience and cater to the needs of consumers. From rolling papers and lighters to intricate glass pipes and cutting-edge vaporizers, the market offers a range of possibilities for both tobacco and cannabis enthusiasts.
One of the driving forces behind the expansion of this market is the changing perception of smoking. Over the past few decades, smoking has experienced a noticeable decline, driven by growing awareness of health risks associated with traditional tobacco consumption. This decline, coupled with increased restrictions on smoking in public places, has led to a shift in the way people approach smoking. Rather than abandoning the habit altogether, many consumers are seeking alternative methods and accessories that provide a more convenient and potentially less harmful experience.
As per the US Government Accountability Office (GAO), in 2016, US e-cigarette imports comprised approximately $342 million and generated roughly $9 million in tariff revenue. The number of US smoking cigarettes has decreased due to tobacco use reduction programs. This decline has led some consumers to seek alternative forms of smoking, such as vaping, herbal blends, or smokeless tobacco products. Consequently, there is a demand for smoking accessories that cater to these alternatives, such as vape pens, e-cigarettes, and snuff accessories. Thus, these factors present lucrative prospects for the regional market's growth in the coming years.
The US market dominated the North America Smoking Accessories Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11,033.3 Million by 2030. The Canada market is experiencing a CAGR of 5.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.6% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Type, the market is segmented into Vaporizers, Filter & Paper Tip, Waterpipes, Rolling Paper & Cigarette Tubes, Lighters, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Smoking Accessories Market is Predict to reach $90.6 Billion by 2030, at a CAGR of 4.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bull Brand, Moondust Paper Pvt. Ltd., British American Tobacco PLC, Imperial Brands PLC, The Rolling Paper Company, Univac Furncrafts Pvt. Ltd., Republic Technologies International, Curved Papers, Inc., Jinlin Group Co. Ltd., and Empire Glassworks.
By Distribution Channel
By Type
By Country
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