The latest research study “Japan Heated Tobacco Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global Japan heated tobacco productsMarket is expected to exhibit a CAGR of around 20% during 2022-2027.
Heated tobacco products (HTPs), also represented as heat-not-burn items, refer to a form of nicotine delivery planned to be an alternative to the traditional cigarettes. They release tobacco-flavored, nicotine-containing vapor without generating the hallmarks of combustion, such as smoke, fire, and ash. Heated tobacco products can either be in the form of sticks or leaves. Compared to cigarettes and other nicotine alternatives, they have lower levels of exposure to poisonous chemicals. Heated tobacco products are extensively available through online and offline distribution channels.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into thereport.
Japan Heated Tobacco Products Market Trends and Drivers:
The escalating number of smokers and the expanding working population with changing lifestyle preferences and hectic schedules are among the primary factors fueling the Japan heated tobacco products market. Besides this, the extensive utilization of intensive marketing strategies by the leading players using phrases, including clean alternative”, “less harmful,” “free from fire, ash, and smoke,” etc., to boost product sales is further augmenting the market growth. Moreover, the introduction of various premium and specialty heated tobacco products, such as skinny, long, flavored, colored variants, etc., to cater to the consumer tastes and preferences is also catalyzing the market across Japan. Apart from this, the growing product popularity across online retail channels, owing to several associated benefits, such as doorstep delivery, various options to choose from, and lucrative discounts and cashback, is acting as another significant growth-inducing factor. Furthermore, the elevating focus of the leading manufacturers on innovations, marketing campaigns, capacity expansions, and acquisitions is anticipated to propel the Japan heated tobacco products market over the forecasted period.
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Japan Heated Tobacco Products Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The report has segmented the market on the basis of
Breakup by Product:
- Stick
- Leaf
Breakup by Category:
- Regular
- Flavored
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Region:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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