IMARC Group, a leading market research company, has recently releases report titled “Heat Not Burn (HNB) tobacco market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global heat not burn (HNB) tobacco market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the heat not burn (HNB) tobacco market?
The global heat not burn (HNB) tobacco market size reached US$ 16.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 76.9 Billion by 2028, exhibiting a growth rate (CAGR) of 28.0% during 2023-2028.
What is heat not burn (HNB) tobacco?
Heat not burn (HNB) tobacco represents an electronic device that contains tobacco. It heats tobacco without burning and creates an aerosol that the user inhales. This electronic device comprises a carbon tip wrapped in glass fibers that do not cause the product to create ash or burn down in size. It uses real tobacco, not flavored liquid nicotine, compared to e-cigarettes. This electronic device allows users to experience the sensation of smoking a regular cigarette without inhaling combusted tobacco. It delivers reduced toxicity, lowers levels of dangerous chemicals, and causes minimal impact on lung or heart health compared to regular cigarettes.
Request for a free sample copy of this report: https://www.imarcgroup.com/heat-not-burn-tobacco-market/requestsample
What are the growth prospects and trends in the heat not burn (HNB) tobacco industry?
Other Post You May Be Interested In
- Aviator Game Online > Play and Win Real Money
- North Carolina Corn Mazes: Perfect Fall Fun for the Family
- Типы мобильных приложений
- Advertising Through Seo – Rising Over The Ranks
- Популяризация интернет-площадки статьями
- Lumina Grand Showflat Tour: Discover What Luxury Really Means
- How to Secure Your Spot in Singapore’s Most Coveted EC: Lumina Grand
- Seven Incredibly Useful Rabonaapostas.com For Small Businesses
- Favourite Casasdeapostas.lat Sources For 2023
- How to finish an unfinished room?
- There are 4 reasons that your home decor isn’t working.
- Revamp Your Sims 4 Hairstyles: Explore the Best Hair Mods for a Stylish Virtual Makeover
- A Wondеrland of Dеlight: Exploring Northlandz Kiddiе Park Nеar me
- “Discovering ResleekTV: Your Gateway to Premium Entertainment”
- Construction Chemicals Market Size, Industry Share, Growth & Report 2023-2028
- Skillfully renovating your office space without jeopardizing your financial resources, utilizing cost-effective design strategies that facilitate you to attain remarkable transformations while upholding fiscal responsibility, resulting in a rejuvenated workspace that exemplifies your company’s vision and improves the overall work environment
- Strategically renovating your office space without jeopardizing your financial resources, employing budget-friendly design strategies that enable you to achieve remarkable transformations while preserving fiscal responsibility, yielding a revitalized workspace that embodies your company’s vision and improves the overall work environment
- Disposable Blood Pressure Cuffs Market Size, Trends, Share & Growth 2023-2028
- How to Maintain and Preserve Your Bridal Jewellery Set for Future Generations
- Villa Movers in Dubai: Hassle-free and Safe Relocation
- The Ultimate Guide to Choosing the Best Business and Office Movers near Dubai
- Natural Stone Market Share, Size, Growth Rate, and Forecast 2023-2028
- Top 10 Ac Brands in India for Your Homes
- Revitalize Your Health with Nature’s Frenquencies Renew Patch by iTeraCare: Harnessing the Power of Natural Healing
- Headlight Market Trends, Share, Trends, Upcoming Opportunity and Forecast 2023-2028
- Aeroengine Composites Market Trends, Size, Leading Companies, Industry Overview and Forecast 2023-2028
- Dazzle Up Your Richardson Home with Stunning Holiday Light Installation.
- Get Our Cheapest Computer Repair Services in Dubai || 045864033
- Carbon Management Software Market Size, Share, Trend Analysis, and Forecast 2023-2028
- Exploring Dedicated IP VPNs: The Pros, Cons, and Best Use Cases
- 7 Essential Things To Know About The Best Surrogacy Centre In India.
- Speech to Speech Translation Market Analysis by Size, Share, Key Players, Growth Factors and Forecast 2023-2028
- The Art of Negotiation: How Real Estate Agents Secure the Best Deals
- Kids Bicycle Market Share, Growth, Trends, Key Players, and Forecast 2023-2028
- Enhanced Oil Recovery Market Overview, Size, Industry Share, Growth 2023-2028
- Organic Coffee Market Size, Share, Demand, Growth and Forecast 2023-2028
- The Attraction of Composite Doors in Preston and the Double Glazing in Chorley
- DRM Video Protection and Anti-Piracy Solutions for Live Streaming Events and Sports Broadcasts
- Canada Yoga Studios: Finding Inner Peace and Wellness
- Media & Entertainment Storage Market Size, Trends, Key Players, Industry Overview, Growth Factors and Forecast 2023-2028
- List of Marketing Strategies to Grow Your Holiday Sales in 2023
- Global GPON Market Size, Share, Report, Trends, Growth, Key Players, Forecast 2023-2028
- Qatar’s Guide to Canadian Immigration Policies
- Global Data Warehousing Market Size, Share, Report, Trends, Growth, Key Players, Forecast 2023-2028
- How Personal Loans For Weddings Can Help Your Investment Goals?
- Here Are Good Reasons To Consume Avocados.
- Global Primary Cells Market Size, Share, Report, Trends, Growth, Key Players, Forecast 2023-2028
- Unraveling the Delights of Dublin: The Best Sushi Restaurants for Group Parties
- How to get the best personal loan interest rates in India?
- Exploring Generative AI in Stock Trading: How and Why
- You’re ready to break these Five Style Rules
The escalating demand for this electronic device, on account of the increasing consumption of tobacco items with minimal nicotine content among smokers, is among the key factors driving the heat not burn (HNB) tobacco market. Moreover, the growing awareness among consumers about the harmful impacts of smoking traditional cigarettes is also stimulating the market growth. Besides this, key market players are emphasizing on latest marketing strategies to increase the sales of their products and highlight the numerous benefits of using HNB tobacco products, which is acting as another significant growth-inducing factor. Furthermore, the elevating demand for reduced-risk products (RRPs) to minimize the dangerous side effects of burning tobacco and the growing prevalence of diseases, owing to chewing tobacco and cigarettes, are further propelling the global market. Apart from this, the wide availability of this electronic device through offline and online distribution channels and the expanding e-commerce industry are positively influencing the market growth. Additionally, governing agencies of several countries are approving the sale of HNB products, which is anticipated to fuel the heat not burn (HNB) tobacco market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Devices
- Direct/Indirect Heating
- Hybrid/Infused
- Consumables
- Tobacco Capsules and Cartridges
- Tobacco Sticks
Breakup by Distribution Channel:
- Offline Stores
- Convenience Stores
- Tobacco Shops
- Grocery Shops
- Drug Shops
- Others
- Online Stores
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- British American Tobacco plc
- HiTaste
- Imperial Brands PLC
- Japan Tobacco Inc.
- Philip Morris International Inc.
- Shenzhen Royal Tobacco Industrial Limited
Explore full report with TOC & List of Figure: https://www.imarcgroup.com/heat-not-burn-tobacco-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
