Connect with us

Technology

Electronic Hookah Market to Grow by USD 1.10 Billion (2024-2028) as Consumer Disposable Income Rises; AI-Redefined Market Landscape Report – Technavio

Published

6 hours ago

on

NEW YORK, Oct. 31, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global electronic hookah market  size is estimated to grow by USD 1.10 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  13.4%  during the forecast period. Growing disposable income among consumers is driving market growth, with a trend towards rise in adoption of electronic hookah among millennials. However, health issues associated with use of electronic hookahs  poses a challenge.Key market players include Aspire Vape Co., Eleaf Group, GD SIGELEI Electronic Tech Co. Ltd., Geekvape, IJOY Group, Innokin Technology Ltd., Joyetech Electronics Co Ltd., JWell, LOSTVAPE, Rincoe Technology Co. Ltd ., Shenzhen dovpo Technology Co. Ltd., Shenzhen Electronic Technology Co Ltd., Shenzhen FreeMax Technology Co. Ltd., Shenzhen Hellvape Technology Co. Ltd., Shenzhen IVPS Technology Co Ltd., Shenzhen Kanger Technology Co. Ltd., Shenzhen Smoore Technology Ltd, Shenzhen UWELL Technology Co. Ltd., Stefen Zhang and Vandy Vape Technology Co. Ltd., and VOOPOO.

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Disposable and Rechargeable), Distribution Channel (Offline and Online), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

Aspire Vape Co., Eleaf Group, GD SIGELEI Electronic Tech Co. Ltd., Geekvape, IJOY Group, Innokin Technology Ltd., Joyetech Electronics Co Ltd., JWell, LOSTVAPE, Rincoe Technology Co. Ltd ., Shenzhen dovpo Technology Co. Ltd., Shenzhen Electronic Technology Co Ltd., Shenzhen FreeMax Technology Co. Ltd., Shenzhen Hellvape Technology Co. Ltd., Shenzhen IVPS Technology Co Ltd., Shenzhen Kanger Technology Co. Ltd., Shenzhen Smoore Technology Ltd, Shenzhen UWELL Technology Co. Ltd., Stefen Zhang and Vandy Vape Technology Co. Ltd., and VOOPOO

Key Market Trends Fueling Growth

The electronic hookah market is experiencing notable growth, particularly among millennials and Generation Z. According to demographic data from July 1, 2022, to July 1, 2023, these generations have significantly increased their population weight. In Canada, Gen Z has surpassed Generation X, and in China, millennials account for 28% of total income among active consumers. India also has a substantial millennial population of 440 million, making up 34% of the country’s total population. These demographic shifts present a significant market opportunity for electronic hookah products. Moreover, hookah smoking prevalence is high among young people in the Eastern Mediterranean region, with some countries reporting higher hookah use among children than cigarette smoking. In the US, 8.4% of university students are current hookah smokers, and 30.4% of hookah users have never smoked cigarettes. In the EU, 16% of respondents had tried a hookah at least once. Prevalence rates in South Asia were highest in Bangladesh for men (1.3%) and India for women (0.6%). These trends suggest a growing acceptance and adoption of electronic hookahs among millennials, influenced by cultural shifts and demographic changes across various regions. 

The Electronic Hookah Market is thriving, with trends like Flavor Options, Vaping Culture, and Smart Technology Integration driving growth. E-hookahs offer a wide range of Battery-powered heating systems and E-liquids with various Flavors and Nicotine concentrations, catering to non-traditional tobacco product preferences. Indoor and Outdoor Smoking settings, Social Gatherings, and Nightclubs are popular venues for e-hookah use. Rechargeable, Disposable, and Portable E-hookahs, LED E-hookahs, and EHookahs are popular choices. E-commerce platforms and Online Sales Channels have made purchasing E-hookahs convenient. Public health considerations and Healthier Lifestyle choices are influencing the market, with Nicotine substitutes and Mechanical Ecigarettes (Mods) like Timesvape gaining traction. E-hookah Design and Flavor Selections continue to innovate, with Dessert and Candy flavors leading the way. However, Health Hazards remain a concern, and Retail Channels offer education and guidance. Overall, the Electronic Hookah Market represents Modern Smoking Alternatives for consumers. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

The electronic hookah market faces challenges due to health concerns associated with its use. Although electronic hookah vapor contains fewer toxicants than traditional tobacco smoke, it still poses risks. Users may inhale harmful chemicals like nicotine and flavoring agents. Elevated systemic markers of inflammation, such as high-sensitivity C-reactive protein, fibrinogen, and tumor necrosis factor-α, are linked to inflammatory conditions and chronic diseases. Propylene glycol and glycerol in electronic hookahs can irritate airways, leading to respiratory issues, particularly for those with pre-existing conditions. Cardiovascular health is also at risk due to toxic chemicals damaging blood vessels and increasing the risk of cardiovascular disease. Studies indicate electronic hookah use can lead to increased heart rate and blood pressure. Vaping can cause permanent lung scarring, leading to long-term health problems like asthma and COPD. Reproductive health is another concern as chemicals inhaled during electronic hookah use can negatively impact fertility. These health risks underscore the need for continued research and regulation in the electronic hookah market.The Electronic Hookah Market faces several challenges as it seeks to expand its customer base. Flavor options are crucial, with consumers desiring a wide range of dessert and candy flavors, as well as nicotine substitutes. Vaping culture is growing, but health concerns persist, particularly regarding e-liquids and nicotine concentrations. Smart technology integration, such as rechargeable and portable e-hookahs, LED lights, and app control, is essential to meet consumer demands. Indoor and outdoor smoking restrictions impact sales channels, with e-commerce becoming increasingly important. Public health considerations require careful attention, particularly regarding disposable e-hookahs and hookah culture. Retail channels and online sales platforms must adapt to offer modern smoking alternatives and cater to changing consumer preferences. E-hookahs, including rechargeable, disposable, and portable models, offer a healthier lifestyle alternative to traditional hookahs and mechanical ecigarettes (mods) like Timesvape.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This electronic hookah market report extensively covers market segmentation by

Type 1.1 Disposable1.2 RechargeableDistribution Channel2.1 Offline2.2 OnlineGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Disposable-  The disposable segment is experiencing notable growth in the global electronic hookah market. These devices cater to consumers seeking a hassle-free vaping experience, with no complexities associated with traditional hookahs or reusable electronic hookahs. Disposable electronic hookahs are designed for ease of use, making them an attractive option for both novice and experienced users. Pre-filled with e-liquids and ready to use straight out of the package, they eliminate the need for refilling e-liquids or charging batteries. Primarily, young adults and busy professionals are the demographic for disposable electronic hookahs. These users value convenience and simplicity in their vaping choices. Additionally, disposable electronic hookahs are popular among travelers and social vapers due to their portability. In response to environmental concerns, manufacturers are focusing on sustainability. Disposable electronic hookahs minimize environmental impact compared to traditional hookahs, as they require fewer replacements of parts and accessories, contributing to a lower carbon footprint. This eco-friendly aspect is particularly appealing to environmentally conscious consumers.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

Electronic Hookah, also known as EHookah or e-hookahs, is a modern smoking alternative that utilizes battery-powered heating elements to vaporize e-liquids instead of traditional charcoal and tobacco. These devices, similar to Mechanical Ecigarettes (Mods) from RNV Designs and Timesvape, offer rechargeable and customizable options for vapers. E-hookahs provide a wide range of flavor selections, including dessert flavors, to cater to diverse preferences. While they share some similarities with vaping, they differ in their e-liquid compositions, which may include nicotine concentrations or none at all. The electronic hookah market has grown significantly due to its appeal as a healthier lifestyle choice compared to traditional smoking. Retail channels and online platforms have made e-hookahs easily accessible to consumers, expanding the vaping culture and fueling flavor innovation. However, public health considerations are essential, as e-hookahs, like all nicotine delivery systems, come with health hazards. It’s crucial to be aware of these risks and make informed decisions when using these non-traditional tobacco products. Disposable e-hookahs and e-commerce platforms have further broadened the accessibility and convenience of these modern smoking alternatives. As the electronic hookah market continues to evolve, it’s essential to consider the impact on hookah culture and the potential long-term health effects.

Market Research Overview

Electronic Hookah, also known as EHookah or Mechanical Ecigarettes (Mods), is a modern smoking alternative that has gained popularity as a healthier lifestyle choice. These battery-powered devices heat e-liquids, providing a vapor experience similar to traditional smoking, but without the harmful tar and carbon monoxide found in tobacco smoke. E-Hookahs come in various designs, from rechargeable and portable models to LED-lit and disposable options. Timesvape and other brands offer a wide range of flavor selections, from fruity and dessert flavors to candy and nicotine substitutes. E-Hookahs are available through various retail channels, including brick-and-mortar stores and online sales channels. The convenience of online shopping has made it a preferred choice for many consumers. E-Hookahs are popular for indoor and outdoor smoking, social gatherings, and even in nightclubs. However, public health considerations and health hazards associated with vaping are a concern for some. Smart technology integration in E-Hookahs allows for customizable temperature settings and flavor options. E-liquids, which come in various nicotine concentrations, are an essential component of E-Hookahs. The Electronic Hookah Market continues to grow, offering innovative flavors and designs to cater to the ever-evolving vaping culture.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeDisposableRechargeableDistribution ChannelOfflineOnlineGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/electronic-hookah-market-to-grow-by-usd-1-10-billion-2024-2028-as-consumer-disposable-income-rises-ai-redefined-market-landscape-report—technavio-302292486.html

SOURCE Technavio

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Global Times: Species thriving thanks to policy, consensus in China

Published

58 mins ago

on

November 1, 2024

By

BEIJING, Oct. 31, 2024 /PRNewswire/ — Under the global framework for biodiversity, more wildlife species are increasing in number and enjoying a better space for living and breeding in China with the help of advanced technology and more popular caring, according to the Chinese delegation from diverse institutes and organizations at the 16th meeting of the Conference of the Parties (COP16) to the Convention on Biological Diversity that is being held in Cali, Colombia.

A prolonged whistle resonated through the sky, prompting visitors to lift their cameras in anticipation of capturing the migratory birds that were arriving. In recent years, tens of thousands of migratory birds such as cormorants fly each autumn to Shenzhen, a subtropical metropolis in South China, making the city one of the most important stops for these birds in the Eastern Hemisphere.

Their numbers are still increasing as the local environment improves. Environmental conservation organizations, including the Mangrove Conservation Foundation (MCF), see the growing population of migratory birds as a signal that urban biodiversity in China is heading in the right direction. 

Only around a few meters away from visitors, a black-faced spoonbill heads down in search of food over the wetlands at the Futian Mangrove National Nature Reserve alongside dozens of its brethren. Meanwhile, in the Futian Mangrove Ecological Park, an Eurasian otter, a species that disappeared from the Shenzhen Bay for nearly 20 years, has re-emerged.  

Chen Yudong, a staff member with the Mangrove Conservation Foundation who focuses on the protection and biodiversity of wetlands, told the Global Times that the Futian Mangrove Ecological Park is currently home to five species listed as National Key Protected Wildlife, including the Eastern imperial eagle, the black-faced spoonbill, and the small Indian civet. 

Additionally, the park has 39 nationally protected wildlife species at the second level (including birds, mammals, and reptiles). From 2015 to 2023, the number of insect species had risen from 109 to 1,224, while bird species had increased from 83 to 220.  

To maintain and improve biodiversity in metropolises like Shenzhen, Chinese environmentalists are exploring the effective application of emerging technologies and analytical methods in biodiversity monitoring, such as bioacoustics, weather radar data, and artificial intelligence, according to Insights for Cities on Biodiversity, an initiative focusing on how to sustain urban biodiversity, published in Shenzhen in September. 

For instance, during the migratory season, weather radar is being promoted to analyze and predict the flight paths of bird flocks, informing the implementation of lighting management strategies. This technology can help reduce accidents involving birds colliding with tall buildings or windows, particularly at night.

The delegation of the conservation foundation brought the initiative to COP16 and shared China’s experience with people who are concerned about how global biodiversity is being impacted by the continuously expanding urban areas around the world. 

Chen said that these projects and technologies are all aimed at speeding up achieving the global target set for 2030 and beyond to safeguard and sustainably use biodiversity, which was clarified in the framework, also known as the Kunming-Montreal Global Biodiversity Framework adopted at the COP15 during the Chinese presidency.

Shenzhen is not the only city that protects wetlands and preserves an international channel for migratory birds. Black-faced spoonbills have also been observed in the wetlands in East China’s Zhejiang and Fujian provinces and South China’s Guangxi.

Li Cheng, founder of the Xizijiang Ecological Conservation Center, has also been encouraged and guided by the biodiversity framework. 

“Since the COP15 was held in Kunming, I have felt the growing emphasis on ecological and biological protection from the public and authorities. More people are aware of the importance of sustaining the populations of each species on the Earth through public outreach programs,” Li told the Global Times, noting growing social consensus on biodiversity conservation seen in his daily work.

The infrared cameras set up by Li’s patrol team around the Wuqinzhang Mountain in Guangdong have recently captured additional pangolin movements, further bolstering Li’s confidence that the population of these endangered creatures is increasing.

Li still remembers the excitement he felt when one infrared camera first captured a pangolin at the end of 2018 and the night when he and colleagues repeatedly checked the pangolin’s photo multiple times. 

Chinese pangolins were assessed as “critically endangered” by the IUCN Red List of Endangered Species in 2019 and was even thought to be functionally extinct at the time of its assessment.

Now more and more people, including local villagers who have joined the patrol team, have begun to devote their lives to protecting pangolins. To improve the efficiency of their conservation efforts, Li noted that in addition to infrared cameras, a mobile application especially developed for patrol personnel has been put into use. The app is constantly updated with real-time information on the pangolins, thereby informing those on patrol of urgent situations.

“We have begun to shift our priorities and are more focused on restoring the pangolins’ habitat and making more creative use of conservation technologies,” Li noted.

View original content:https://www.prnewswire.com/news-releases/global-times-species-thriving-thanks-to-policy-consensus-in-china-302293621.html

SOURCE Global Times

Continue Reading

Technology

Shandong Jining: Achieve full coverage of green power and green certificate services

Published

59 mins ago

on

November 1, 2024

By

JINING, China, Nov. 1, 2024 /PRNewswire/ — State Grid Jining Power Supply Co. and Jining City Energy Bureau have recently established a green power green certificate service centre, with 14 county-level green power green certificate service stations already operational. This is the first instance in the province of a municipal power supply company achieving comprehensive green power green certificate service coverage.

State Grid Jining Power Supply Company attaches great importance to the green power ‘green certificate’ market-oriented trading services. By inviting experts from Shandong Power Trading Centre to give lectures and guidance, preparing green power green certificate publicity materials, news releases, short videos, business window publicity, customer visits and other channels, it promotes green power consumption by market players.

The establishment of the Jining Green Power Green Certificate Service Centre represents a significant step forward in the promotion of Green Power and the energy consumption revolution in Jining. The Jining Green Power Green Certificate Service Centre is dedicated to offering comprehensive green power green certificate services to a broad customer base. These include policy consultation, bill interpretation, transaction assistance and other services. The aim is to enhance understanding of green power green certificate policy among enterprises, facilitate active participation in green power green certificate transactions and drive the growth of green power consumption and the green certificate transaction market. This will inject new vitality into the local economy’s low-carbon transformation and green development.

The next step for State Grid Jining Power Supply Company is to leverage the establishment of the Green Power Green Certificate Service Centre to capitalise on its own strengths, facilitate collaboration with all relevant parties, and act as a conduit for communication between the government, enterprises, and power trading institutions. This will help to drive the development of a robust green power market system in Jining City.

View original content:https://www.prnewswire.com/apac/news-releases/shandong-jining-achieve-full-coverage-of-green-power-and-green-certificate-services-302293622.html

SOURCE State Grid Jining Power Supply Company

Continue Reading

Technology

TOYOTA MOBILITY SERVICES CO., LTD. Debuts Clear Displays with Built-in Translation Features to Assist Foreign Visitors

Published

59 mins ago

on

November 1, 2024

By

TOKYO, Nov. 1, 2024 /PRNewswire/ — TOYOTA MOBILITY SERVICES CO., LTD. (TMS) announced today that it will introduce the VoiceBiz®UCDisplay® color version, a transparent display with translation capabilities developed by TOPPAN Corporation. This marks the first use of the technology in Japan, aiming to meet the growing demand for rental cars among inbound foreign visitors. This new display is scheduled for release this fall at three rental car locations in Tokyo.

In recent years, the demand for rental cars has grown rapidly with the rise in inbound tourism. However, rental car locations have struggled to manage vehicle rentals and inquiries across multiple languages effectively.

To address these challenges, TMS is introducing a translation-enabled transparent display to facilitate accurate and timely communication, aiming to provide smooth, comfortable, and high-quality services.

About the “VoiceBiz® UCDisplay®” Clear Interface with Translation Features – Enhanced Color Model

The VoiceBiz®UCDisplay® is a transparent display with translation capabilities in up to 13 languages developed by TOPPAN Corporations. It enables seamless multilingual communication by automatically translating spoken or typed input into the recipient’s language and showing it on the screen. Both voice and keyboard input are available, allowing effective communication with individuals who are hard of hearing or have speech difficulties.

The system incorporates the latest translation algorithms and language models, with features to register proper nouns and pre-set phrases to improve translation accuracy.

When not in use for translation, the display serves as digital signage, providing various types of information. The enhanced color model, launching this fall, offers much better text visibility than the previous monochrome version. Additionally, the improved frame design makes the display easier to move and reposition.

The system supports 13 languages, including Japanese (keyboard input), English, Korean, Thai, Simplified Chinese, Traditional Chinese, Indonesian, Vietnamese, French, Spanish, Portuguese, Burmese, and Tagalog.

Key Benefits of the New Model

1. Enhanced hospitality

Smooth service ensures customers feel comfortable by receiving assistance in their native language.
Friendly service is achieved by interacting with customers at their eye level, enhancing satisfaction.

2. Quicker response time

Accurate and fast translation reduces the time required to rent or deliver a vehicle.

3. Reduced workload

The system eases the workload often placed on staff with advanced English skills, promoting a more balanced distribution of tasks.

4. Prevention of infectious diseases

Provides effective protection for both customers and staff against infections.
The transparent display provides a non-contact communication tool for improved health safety.

*In July 2024, TMS conducted a demonstration of this display at its Haneda Airport (International Flights) Shops and other locations. The test received positive feedback from customers, confirming the benefits outlined above.

“Information Regarding the Store Where the Equipment Has Been Installed”

1. Haneda Airport (International Flights) Shop 1-15-11 Haneda, Ota-ku, Tokyo 

2. Shinjuku 3-chome Station Shop 4-2-18 Shinjuku, Shinjuku-ku, Tokyo 

3. Azumabashi Shop 3-8-2 Azumabashi, Sumida-ku, Tokyo 

Looking ahead, TMS will further strengthen multilingual support by expanding the use of the VoiceBiz®UCDisplay® and other initiatives. Through these efforts and the development of new services, TMS aims to continually enhance customer satisfaction.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/toyota-mobility-services-co-ltd-debuts-clear-displays-with-built-in-translation-features-to-assist-foreign-visitors-302293586.html

SOURCE TOYOTA MOBILITY SERVICES CO., LTD.

Continue Reading

Trending