The Heat-Not-Burn Tobacco Products Market 2020-2024- Altria Group Inc., Ballantyne Brands LLC, British American Tobacco Plc, among others to contribute to the market growth

The heat-not-burn tobacco products market is poised to grow by $ 22.22 bn during 2020-2024, progressing at a CAGR of over 26% during the forecast period. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

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The report on the heat-not-burn tobacco products market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the cost-effectiveness of heat-not-burn tobacco products.

The heat-not-burn tobacco products market analysis includes product segment and geography landscape. This study identifies that as the heat-not-burn tobacco products are relatively safer than conventional cigarettes, it is one of the prime reasons driving the heat-not-burn tobacco products market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The heat-not-burn tobacco products market covers the following areas:

Heat-Not-Burn Tobacco Products Market SizingHeat-Not-Burn Tobacco Products Market ForecastHeat-Not-Burn Tobacco Products Market Analysis

Companies Mentioned

Altria Group Inc.Ballantyne Brands LLCBritish American Tobacco PlcImperial Brands PlcJapan Tobacco Inc.Korea Tobacco & Ginseng Corp.PAX Labs Inc.Philip Morris International Inc.Shenzhen Yukan Technology Co. Ltd.Vapor Tobacco Manufacturing LLC

Key Topics Covered:

Executive Summary

Market Overview

Market Landscape

Market ecosystemValue chain analysis

Market Sizing

Market definitionMarket segment analysisMarket size 2019Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five Forces SummaryBargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket condition

Market Segmentation by Product

Market segmentsComparison by Product placementDevices - Market size and forecast 2019-2024Capsules - Market size and forecast 2019-2024Vaporizers - Market size and forecast 2019-2024Market opportunity by Product

Customer landscape

Overview

Geographic Landscape

Geographic segmentationGeographic comparisonAPAC - Market size and forecast 2019-2024North America - Market size and forecast 2019-2024Europe - Market size and forecast 2019-2024MEA - Market size and forecast 2019-2024South America - Market size and forecast 2019-2024Key leading countriesMarket opportunity by geography

Drivers, Challenges, and Trends

Market driversVolume driver - Demand led growthVolume driver - Supply led growthVolume driver - External factorsVolume driver - Demand shift in adjacent marketsPrice driver - InflationPrice driver - Shift from lower to higher-priced unitsMarket challengesMarket trends

Vendor Landscape

OverviewVendor landscapeLandscape disruption

Vendor Analysis

Vendors coveredMarket positioning of vendorsAltria Group Inc.Ballantyne Brands LLCBritish American Tobacco PlcImperial Brands PlcJapan Tobacco, Inc.Korea Tobacco & Ginseng Corp.PAX Labs, Inc.Philip Morris International Inc.Shenzhen Yukan Technology Co. Ltd.Vapor Tobacco Manufacturing LLC

Appendix

Scope of the reportCurrency conversion rates for US$Research methodologyList of abbreviations

About Us

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SOURCE: Technavio Research">