Heat-not-burn Tobacco Product Market SWOT Analysis by 2031
Heat-not-burn Tobacco products are electronic devices that heat processed tobacco rather than combust it, resulting in an aerosol that is reportedly less harmful than cigarette smoke. They are tobacco leaf containing electronic devices. When you heat them up, they release a nicotine-laced vapour, which you inhale.
MARKET DYNAMICS
The market is growing because of the cost-effectiveness of heat-not-burn tobacco products. The increased popularity of smokeless tobacco products, on the other hand, could stifle market expansion. Another important element driving the rise of heat-not-burn tobacco products market is that they are regarded safer alternatives to regular cigarettes.
MARKET SCOPE
The "Global Heat-not-burn Tobacco Product Market Analysis to 2031" is a specialized and in-depth study of consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Heat-not-burn Tobacco Product Market with detailed market segmentation by product type and distribution channel. The global Heat-not-burn Tobacco Product Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Heat-not-burn Tobacco Product Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Heat-not-burn Tobacco Product Market is segmented into product type and distribution channel.
By product type the Heat-not-burn Tobacco Product Market is segmented into flame activated HTP, electronic HTP.
By distribution channel the Heat-not-burn Tobacco Product Market is segmented into supermarkets and hypermarkets, specialty stores, online retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Heat-not-burn Tobacco Product based on various segments. It also provides market size and forecast estimates concerning major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Heat-not-burn Tobacco Product Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of different countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Heat-not-burn Tobacco Product Market from both demand and supply side. Further, it evaluates market dynamics affecting the market.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Heat-not-burn Tobacco Product based on various segments. It also provides market size and forecast estimates concerning major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Heat-not-burn Tobacco Product Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of different countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Heat-not-burn Tobacco Product Market from both demand and supply side. Further, it evaluates market dynamics affecting the market.
MARKET PLAYERS
The report covers vital developments in the Heat-not-burn Tobacco Product Market as different product types. These activities have paved the way for the expansion of business and customer base of market players.
The market players from the Heat-not-burn Tobacco Product Market are anticipated to lucrative growth opportunities in the future with the rising demand.
Below mentioned is the list of few companies engaged in the Heat-not-burn Tobacco Product Market
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Heat-not-burn Tobacco Product Market - By Product Type
1.3.2 Heat-not-burn Tobacco Product Market - By Distribution channel
1.3.3 Heat-not-burn Tobacco Product Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HEAT-NOT-BURN TOBACCO PRODUCT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. HEAT-NOT-BURN TOBACCO PRODUCT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HEAT-NOT-BURN TOBACCO PRODUCT MARKET - GLOBAL MARKET ANALYSIS
6.1. HEAT-NOT-BURN TOBACCO PRODUCT - GLOBAL MARKET OVERVIEW
6.2. HEAT-NOT-BURN TOBACCO PRODUCT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. HEAT-NOT-BURN TOBACCO PRODUCT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. FLAME ACTIVATED HTP
7.3.1. Overview
7.3.2. Flame Activated HTP Market Forecast and Analysis
7.4. ELECTRONIC HTP
7.4.1. Overview
7.4.2. Electronic HTP Market Forecast and Analysis
8. HEAT-NOT-BURN TOBACCO PRODUCT MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. HEAT-NOT-BURN TOBACCO PRODUCT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Heat-not-burn Tobacco Product Market Overview
9.1.2 North America Heat-not-burn Tobacco Product Market Forecasts and Analysis
9.1.3 North America Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Product Type
9.1.4 North America Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Distribution channel
9.1.5 North America Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Heat-not-burn Tobacco Product Market
9.1.5.1.1 Canada Heat-not-burn Tobacco Product Market by Product Type
9.1.5.1.2 Canada Heat-not-burn Tobacco Product Market by Distribution channel
9.1.5.2 Mexico Heat-not-burn Tobacco Product Market
9.1.5.2.1 Mexico Heat-not-burn Tobacco Product Market by Product Type
9.1.5.2.2 Mexico Heat-not-burn Tobacco Product Market by Distribution channel
9.1.5.3 US Heat-not-burn Tobacco Product Market
9.1.5.3.1 US Heat-not-burn Tobacco Product Market by Product Type
9.1.5.3.2 US Heat-not-burn Tobacco Product Market by Distribution channel
9.2. EUROPE
9.2.1 Europe Heat-not-burn Tobacco Product Market Overview
9.2.2 Europe Heat-not-burn Tobacco Product Market Forecasts and Analysis
9.2.3 Europe Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Product Type
9.2.4 Europe Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Distribution channel
9.2.5 Europe Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Heat-not-burn Tobacco Product Market
9.2.5.1.1 Germany Heat-not-burn Tobacco Product Market by Product Type
9.2.5.1.2 Germany Heat-not-burn Tobacco Product Market by Distribution channel
9.2.5.2 France Heat-not-burn Tobacco Product Market
9.2.5.2.1 France Heat-not-burn Tobacco Product Market by Product Type
9.2.5.2.2 France Heat-not-burn Tobacco Product Market by Distribution channel
9.2.5.3 Italy Heat-not-burn Tobacco Product Market
9.2.5.3.1 Italy Heat-not-burn Tobacco Product Market by Product Type
9.2.5.3.2 Italy Heat-not-burn Tobacco Product Market by Distribution channel
9.2.5.4 United Kingdom Heat-not-burn Tobacco Product Market
9.2.5.4.1 United Kingdom Heat-not-burn Tobacco Product Market by Product Type
9.2.5.4.2 United Kingdom Heat-not-burn Tobacco Product Market by Distribution channel
9.2.5.5 Russia Heat-not-burn Tobacco Product Market
9.2.5.5.1 Russia Heat-not-burn Tobacco Product Market by Product Type
9.2.5.5.2 Russia Heat-not-burn Tobacco Product Market by Distribution channel
9.2.5.6 Rest of Europe Heat-not-burn Tobacco Product Market
9.2.5.6.1 Rest of Europe Heat-not-burn Tobacco Product Market by Product Type
9.2.5.6.2 Rest of Europe Heat-not-burn Tobacco Product Market by Distribution channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Heat-not-burn Tobacco Product Market Overview
9.3.2 Asia-Pacific Heat-not-burn Tobacco Product Market Forecasts and Analysis
9.3.3 Asia-Pacific Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Distribution channel
9.3.5 Asia-Pacific Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Heat-not-burn Tobacco Product Market
9.3.5.1.1 Australia Heat-not-burn Tobacco Product Market by Product Type
9.3.5.1.2 Australia Heat-not-burn Tobacco Product Market by Distribution channel
9.3.5.2 China Heat-not-burn Tobacco Product Market
9.3.5.2.1 China Heat-not-burn Tobacco Product Market by Product Type
9.3.5.2.2 China Heat-not-burn Tobacco Product Market by Distribution channel
9.3.5.3 India Heat-not-burn Tobacco Product Market
9.3.5.3.1 India Heat-not-burn Tobacco Product Market by Product Type
9.3.5.3.2 India Heat-not-burn Tobacco Product Market by Distribution channel
9.3.5.4 Japan Heat-not-burn Tobacco Product Market
9.3.5.4.1 Japan Heat-not-burn Tobacco Product Market by Product Type
9.3.5.4.2 Japan Heat-not-burn Tobacco Product Market by Distribution channel
9.3.5.5 South Korea Heat-not-burn Tobacco Product Market
9.3.5.5.1 South Korea Heat-not-burn Tobacco Product Market by Product Type
9.3.5.5.2 South Korea Heat-not-burn Tobacco Product Market by Distribution channel
9.3.5.6 Rest of Asia-Pacific Heat-not-burn Tobacco Product Market
9.3.5.6.1 Rest of Asia-Pacific Heat-not-burn Tobacco Product Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Heat-not-burn Tobacco Product Market by Distribution channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Heat-not-burn Tobacco Product Market Overview
9.4.2 Middle East and Africa Heat-not-burn Tobacco Product Market Forecasts and Analysis
9.4.3 Middle East and Africa Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Distribution channel
9.4.5 Middle East and Africa Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Heat-not-burn Tobacco Product Market
9.4.5.1.1 South Africa Heat-not-burn Tobacco Product Market by Product Type
9.4.5.1.2 South Africa Heat-not-burn Tobacco Product Market by Distribution channel
9.4.5.2 Saudi Arabia Heat-not-burn Tobacco Product Market
9.4.5.2.1 Saudi Arabia Heat-not-burn Tobacco Product Market by Product Type
9.4.5.2.2 Saudi Arabia Heat-not-burn Tobacco Product Market by Distribution channel
9.4.5.3 U.A.E Heat-not-burn Tobacco Product Market
9.4.5.3.1 U.A.E Heat-not-burn Tobacco Product Market by Product Type
9.4.5.3.2 U.A.E Heat-not-burn Tobacco Product Market by Distribution channel
9.4.5.4 Rest of Middle East and Africa Heat-not-burn Tobacco Product Market
9.4.5.4.1 Rest of Middle East and Africa Heat-not-burn Tobacco Product Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Heat-not-burn Tobacco Product Market by Distribution channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Heat-not-burn Tobacco Product Market Overview
9.5.2 South and Central America Heat-not-burn Tobacco Product Market Forecasts and Analysis
9.5.3 South and Central America Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Distribution channel
9.5.5 South and Central America Heat-not-burn Tobacco Product Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Heat-not-burn Tobacco Product Market
9.5.5.1.1 Brazil Heat-not-burn Tobacco Product Market by Product Type
9.5.5.1.2 Brazil Heat-not-burn Tobacco Product Market by Distribution channel
9.5.5.2 Argentina Heat-not-burn Tobacco Product Market
9.5.5.2.1 Argentina Heat-not-burn Tobacco Product Market by Product Type
9.5.5.2.2 Argentina Heat-not-burn Tobacco Product Market by Distribution channel
9.5.5.3 Rest of South and Central America Heat-not-burn Tobacco Product Market
9.5.5.3.1 Rest of South and Central America Heat-not-burn Tobacco Product Market by Product Type
9.5.5.3.2 Rest of South and Central America Heat-not-burn Tobacco Product Market by Distribution channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HEAT-NOT-BURN TOBACCO PRODUCT MARKET, KEY COMPANY PROFILES
11.1. PHILIPS MORRIS INTERNATIONAL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. JT INTERNATIONAL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BRITISH AMERICAN TOBACCO
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. IMPERIAL BRANDS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KT&G GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MYSMOK ELECTRONIC TECHNOLOGY CO LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ALTRIA GROUP INC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. VAPOR TOBACCO MANUFACTURING
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. FIREFLY VAPOR
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TOBACCO TACTICS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Philips Morris International
2.JT International
3.British American Tobacco
4.Imperial Brands
5.KT&G Group
6.Mysmok Electronic Technology Co ltd.
7.Altria Group Inc
8.Vapor Tobacco Manufacturing
9.Firefly Vapor
10.Tobacco Tactics
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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