Global Hookah Tobacco Market Report 2024-2028: Growing Popularity of Hookah Bars, Lounges and Cafe Culture and Rising Number of Organized Retailing Outlets Drives Market Growth [Yahoo! Fin...
British American Tobacco Industries, p.l.c. ADR (BTI)
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Source: Yahoo! Finance
The hookah tobacco market is forecasted to grow by USD 705.2 million during 2023-2028, accelerating at a CAGR of 4.57% during the forecast period. The market is driven by increasing launch of new products, growing popularity of hookah bars, lounges, and cafe culture, and rising number of organized retailing outlets. This study identifies the rising trend of online retailing as one of the prime reasons driving the hookah tobacco market growth during the next few years. Also, product innovation in global hookah tobacco market and rising population of millennials will lead to sizable demand in the market. The report on the hookah tobacco market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The hookah tobacco market is segmented as
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