Herbal Cigarette Market in the US 2017-2021

  • Published: Mar 2017
  • Pages: 70
  • SKU: IRTNTR12383

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This market research study identifies AMERICAN BILLY, Ecstacy Cigarettes, Honeyrose Products, Nirdosh, and Smoke Free as some of the leading players in the herbal cigarette market in the US. A comprehensive analysis of this market is presented by type of herbal cigarettes (organic herbal cigarette and non-organic herbal cigarette) and distribution channel (forecourt retailers, tobacco specialists, convenience stores, online retailers, discounters, hypermarkets and supermarkets, and others).

Overview of the herbal cigarette market in the US

According to Technavio’s analyst, the herbal cigarette market in the US is anticipated to grow at a steady rate and post a CAGR of close to 11% during the forecast period. The growing usage of herbal cigarettes as props and during social occasions will drive the growth prospects for the herbal cigarette market in the US until the end of 2021. One of the major factors responsible for the growing sale of prop cigarettes is the growing demand for these cigarettes from theater artists and film industry personalities. These artists increasingly opt for smoking cessation products such as herbal cigarettes over traditional tobacco cigarettes in order to avoid inconvenience during the performance. 

The availability of a wide variety of flavors will drive the growth prospects for the herbal cigarette market in the US over the next four years. For instance, Honeyrose Products offers herbal smoking blends in flavors such as strawberry, vanilla, menthol, and others, which will further drive the demand for herbal smoke cigarettes in the coming years.

Competitive landscape and key vendors

The herbal cigarette market in the US is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors are increasingly competing against each other based on factors such as price, quality, innovation, reputation, and distribution. Some of the key strategies adopted by the players operating in the herbal cigarette market in the US include attractive labeling, omnichannel retailing, sample promotion, and offers. Moreover, vendors are increasingly focusing on distinguishing their service and product offerings through a unique and clear value proposition to survive and sustain in the competitive market.

Key vendors in this market are -

  • AMERICAN BILLY
  • Ecstacy Cigarettes
  • Honeyrose Products
  • Nirdosh
  • Smoke Free

Other prominent vendors in the market include American Indian, Brown Bear Herbs, DONG WHA PHARM, Dreams Herbal, and Organic Smokes.

Segmentation by type of herbal cigarettes and analysis of the herbal cigarette market in the US

  • Organic herbal cigarette
  • Non-organic herbal cigarette

The non-organic herbal cigarette segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the market segment's growth is the increasing focus of various players in the manufacture and distribution of non-organic herbal cigarettes.

Segmentation by distribution channel and analysis of the herbal cigarette market in the US

  • Forecourt retailers
  • Tobacco specialists
  • Convenience stores
  • Online retailers
  • Discounters
  • Hypermarkets and supermarkets

The forecourt retailers segment accounted for the majority market share during 2016 and will continue to dominate the market during the forecast period. It has been observed that most of the consumers often prefer to purchase cigarettes from these retailers because they operate outside the salesroom or convenience store of a gas station where consumers park their automobiles for filing petrol or diesel.

Key questions answered in the report include

  • What will the herbal cigarette market size and growth rate be in 2021?
  • What are the key factors driving the herbal cigarette market in the US?
  • What are the key market trends impacting the growth of the herbal cigarette market in the US?
  • What are the challenges to market growth?
  • Who are the key vendors in the herbal cigarette market in the US?
  • What are the market opportunities and threats faced by the vendors in the herbal cigarette market in the US?
  • What are the trending factors influencing the market shares of the US?
  • What are the key outcomes of the five forces analysis of the herbal cigarette market in the US?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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