Global Predictions for HnB Market 2023-2028

On January 8th, Absolute Reports, a leading research firm, released a global report on the HnB (heat-not-burn) market. The report examines industry structure, sales, revenue, pricing, and gross margins, while providing an overview of major manufacturers' production locations, market share, rankings, and profiles. Primary and secondary research was conducted to obtain the latest government regulations, market information, and industry data. Data was collected from HnB manufacturers, distributors, end-users, industry associations, government agencies, industry publications, industry experts, third-party databases, and Absolute Reports' internal database.

The report offers a value chain analysis of revenue expected between 2023 and 2028. It includes in-depth market research on all industry leaders' business operations, historical market development, and information about market competitors including low-temperature heating, medium-temperature heating, high-temperature heating, and other competing products. The report also discusses the major players in the heated non-burning (HNB) e-cigarette market in each region. Additionally, it explains the key driving factors and regional dynamics of the global HNB tobacco stick market, as well as current trends within the industry.

Compared to 2023, the global market size for heat-not-burn (HNB) electronic cigarettes is expected to reach millions by 2028, with a compound annual growth rate during the period of 2023-2028 that is surprising.

A research study on the heating, non-burning electronic cigarette device has evaluated past data, analyzed industry growth trends, and provided predictions for future growth based on in-depth research reports. The main topics of research focus on market revenue, market share, growth, trends, and predictions for the years 2023 to 2028. The study provides information on market segmentation, with the market divided based on applications such as wholesale and retail. This research aims to assist in concentrating marketing efforts on the heating, non-burning electronic cigarette device market, particularly for areas of interest, in order to avoid unnecessary expenses.

The report investigated the HnB market situation of 13 relevant companies, among which 8 were Chinese enterprises.

Smoking companies such as SMOORE (also known as Saimoer), Jinjia Group, BYD (Build Your Dreams), Shenzhen Prince New Materials, ALD Group, Shenzhen Buddy Technology Development Co., Ltd., Shenzhen First Union Technology Co., Ltd., Sigelei, PLOOM (a heat-not-burn brand under Raison), PMI (Philip Morris International), Japan Tobacco, British American Tobacco, and Imperial Tobacco continue to dominate the tobacco industry.

Market Segmentation

This report delves into key submarkets based on type and application. Industry experts have studied profit and growth potential in this report. Additionally, sales, revenues, and average price forecast data are provided for each type and application segment based on sales volume, price, and value projections for the period between 2017 and 2028.

This report is only available for purchase. The enterprise price for it is $11,200 USD. The source of the report is Absolute Reports, and it is categorized by type as low-temperature heating.

Medium-temperature heating.

High temperature heating

Tobacco stick.

Wholesale by application segmentation.

Retail

Key regions and countries

This section of the report offers important insights into different regions and the key players operating in each region. In evaluating the growth of specific regions/countries, economic, social, environmental, technological, and political factors have been taken into consideration, covering regions including major global markets such as the United States, the United Kingdom, Germany, Russia, and others.

The research report also includes:

This study considered factors that influence the supply and demand of heat-not-burn e-cigarette sticks on the market.

It has conducted a comprehensive analysis of global market trends and predicted them based on ongoing reports and CAGR forecasts. The first step in conducting market research is to clearly define your business objectives. This involves a detailed examination of how new macro technological trends are helping to heat up the market for non-burning e-cigarettes.

The market analysis report on heated tobacco units enables us to examine key aspects of the free enterprise system, including economic freedom, competition, equal opportunity, and profit incentives.

Analysis of the Impact of the Pandemic.

A market research report on HNB electronic cigarette sticks not only highlights the primary market trends, but also delves into the impact of the coronavirus pandemic. The report offers insights, analysis, and predictions regarding the effect of COVID-19 on the industry.

Given the extent of the pandemic, it is evident that the current economic downturn differs fundamentally from previous recessions. With sudden declines in demand and rising unemployment, the business environment is expected to undergo significant changes. In this unsettling environment, companies may need to explore new avenues by adopting innovative concepts such as "localization, cash conservation, supply chain flexibility, and innovation.

Market Size and Industry Challenges of Non-Burning Electronic Cigarette Sticks

According to market research on the heated non-burning electronic cigarette market, the main issue in this industry is still the gap between supply and demand. The analysis includes market data from important countries categorized by type and application. The market research report on heated non-burning electronic cigarettes discusses the challenges the market faces in adapting to technological developments.