Mexico Smoking Accessories Market Size & Outlook

The smoking accessories market in Mexico is expected to reach a projected revenue of US$ 2,404.0 million by 2030. A compound annual growth rate of 3.5% is expected of Mexico smoking accessories market from 2022 to 2030.
Revenue, 2021 (US$M)
$1,759.5
Forecast, 2030 (US$M)
$2,404.0
CAGR, 2022 - 2030
3.5%
Report Coverage
Mexico

Mexico smoking accessories market highlights

  • The Mexico smoking accessories market generated a revenue of USD 1,759.5 million in 2021 and is expected to reach USD 2,404.0 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 3.5% from 2022 to 2030.
  • In terms of segment, vaporizers was the largest revenue generating type in 2021.
  • Vaporizers is the most lucrative type segment registering the fastest growth during the forecast period.


Smoking accessories market data book summary

Market revenue in 2021USD 1,759.5 million
Market revenue in 2030USD 2,404.0 million
Growth rate3.5% (CAGR from 2021 to 2030)
Largest segmentVaporizers
Fastest growing segmentVaporizers
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWaterpipes, Vaporizers, Rolling Paper & Cigarette Tubes, Lighters, Filter & Paper Tip
Key market players worldwideBritish American Tobacco, Imperial Brands PLC, Republic Services Inc, Bull Brand, BBM Bommidala Group, Univac, HK China Smoking Accessories Co.,


Other key industry trends

  • In terms of revenue, Mexico accounted for 2.7% of the global smoking accessories market in 2021.
  • Country-wise, Japan is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. smoking accessories market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 11,731.6 million by 2030.

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Smoking Accessories Market Companies

Name Profile # Employees HQ Website

Mexico smoking accessories market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smoking accessories market will help companies and investors design strategic landscapes.


Vaporizers was the largest segment with a revenue share of 32.21% in 2021. Horizon Databook has segmented the Mexico smoking accessories market based on waterpipes, vaporizers, rolling paper & cigarette tubes, lighters, filter & paper tip covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of Mexico smoking accessories market databook

  • Our clientele includes a mix of smoking accessories market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Mexico smoking accessories market , including forecasts for subscribers. This country databook contains high-level insights into Mexico smoking accessories market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico smoking accessories market size, by type, 2017-2030 (US$M)

Mexico Smoking Accessories Market Outlook Share, 2021 & 2030 (US$M)

Mexico smoking accessories market size, by type, 2017-2030 (US$M)

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