Global Nicotine Pouches Market Overview
According to SPER Market Research, the Global Nicotine Pouches Market is estimated to reach USD 43.95 billion by 2032 with a CAGR of 35.94%.
The market for nicotine pouches was estimated at to grow in the previous year, and it is anticipated. The market will develop as a result of young individuals seeking to quit using tobacco becoming more interested in nicotine pouches, as well as consumers being more interested in non-lung-exposure products. According to a Rutgers study report released in the previous year, thousands of smokers in the United States were polled on their knowledge of nicotine pouches.Users of nicotine would have access to a larger range of doses and flavours, accommodating all significant consumer trends and preferences. In upcoming years, a significant growth rate is projected in the synthetic market. Growth of the synthetics market is anticipated to be fuelled by an increase in the number of product launches. The introduction of synthetic pouches is one strategy being used by a number of brands, including "NIIN" and "Rush," to diversify their product offerings. For instance, the "NIIN" brand introduced its tobacco-free synthetic pouches in a variety of tastes in the last year, including citrus chill, wintergreen, cold mint, spearmint, and cinnamon.
Impact of COVID-19 on the Global Nicotine Pouches market
The COVID-19 epidemic influenced the market favorably. Consumers generally accept nicotine pouches, and retailers anticipate strong market growth for the category of tobacco-free products. This is mostly because of the rising health concerns related to COVID-19 risk factors. Additionally, the increasing prevalence of internet retailers for such products offered convenience to customers looking to switch to safer smoking alternatives. Sales of nicotine pouches increased in the market in last few years as a result of these factors, and this growth is anticipated to continue throughout the forecast period. Consumer demand for products that are safer and free from the harmful effects of smoking or inhalation is rising.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Flavour, By Strength, By Distribution Channel
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, South America
|
| Companies Covered | Swedish match, Chill of Sweden, JTI Sweden, Skruf, Dryft, The Art factory AB, Triumph Pouches.
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Global Nicotine Pouches Market Segmentation:
1. By Type:
- Synthetic
- Tobacco- derived
2. By Flavour:
- Original/Unflavoured
- Cinnamon
- Coffee
- Fruit
- Mint
3. By Strength:
- Extra Strong
- Strong
- Normal
- Light
4. By Distribution Channel:
5. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- South America
Key Topics Covered in the Report:
- Size of Global Nicotine Pouches Market (FY’2019-FY’2032)
- Overview of Global Nicotine Pouches Market
- Segmentation of Global Nicotine Pouches Market By Type (Synthetic, Tobacco-Derived)
- Segmentation of Global Nicotine Pouches Market By Flavour (Original/Unflavoured, Flavoured)
- Segmentation of Global Nicotine Pouches Market By Strength (Extra Strong, Strong, Normal, Light)
- Segmentation of Global Nicotine Pouches Market By Distribution Channel (Offline, Online)
- Statistical Snap of Global Nicotine Pouches Market
- Growth Analysis of Global Nicotine Pouches Market
- Problems and Challenges in Global Nicotine Pouches market.
- Competitive Landscape in the Global Nicotine Pouches Market
- Impact of COVID-19 and Demonetization on Global Nicotine Pouches Market
- Details on Recent Investment in Global Nicotine Pouches Market
- Competitive Analysis of Global Nicotine Pouches Market
- Major Players in the Global Nicotine Pouches Market
- SWOT Analysis of Global Nicotine Pouches Market
- Global Nicotine Pouches Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Nicotine Pouches Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Nicotine Pouches Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Nicotine Pouches Market
7. Global Nicotine Pouches Market, By Type, 2019-2032 (USD Million)
7.1 Synthetic
7.2 Tobacco- derived
8. Global Nicotine Pouches Market, By Flavour, 2019-2032 (USD Million)
8.1 Original/Unflavoured
8.2 Flavoured
8.2.1 Cinnamon
8.2.2 Coffee
8.2.3 Fruit
8.2.4 Mint
8.2.5 Others
9. Global Nicotine Pouches Market, By Strength 2019-2032 (USD Million)
9.1 Extra Strong
9.2 Strong
9.3 Normal
9.4 Light
10. Global Nicotine Pouches Market, By Distribution Channel, 2019-2032 (USD Million)
10.1 Offline
10.2 Online
11. Global Nicotine Pouches Market, By Region, 2019-2032 (USD Million)
11.1 Global Nicotine Pouches Market Size and Market Share by Region (2019-2025)
11.2 Global Nicotine Pouches Market Size and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Rest of Europe
11.4.5 Spain
11.4.6 United Kingdom
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12. Company Profiles
12.1 Swedish Match
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Chill of Sweden
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 JTI Sweden
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 Skruf
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 Dryft
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 The Art factory AB
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 Triumph Pouches
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
