The Business Research Company’s latest report Hot Tobacco Products Global Market Report 2020 covers Hot Tobacco Products market drivers, Hot Tobacco Products market trends, Hot Tobacco Products market segments, Hot Tobacco Products market growth rate, Hot Tobacco Products market major players, and Hot Tobacco Products market size. The report provides in-depth analysis of the impact of COVID-19 on the Hot Tobacco Products industry, along with revised market numbers due to the effects of the coronavirus.
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Hot Tobacco Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global hot tobacco products market is expected to decline from $8.00 billion in 2019 and to $7.68 billion in 2020 at a compound annual growth rate (CAGR) of -4.04%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $21.58 billion in 2023 at CAGR of 41.11%.
The report covers the Hot Tobacco Products market’s segments-
1) By Product: HNB Tobacco Devices, Direct/Indirect Heating HNB Tobacco, Infused/Hybrid HNB Tobacco Devices, HNB Tobacco Consumables, HNB Tobacco Sticks, HNB Tobacco Capsules & Cartridges.
2) By Type: Devices, Capsules, Vaporizers.
3) By Distribution Channel: Retail Stores, Online.
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