Global Heat-Not-Burn Tobacco Product Market Revenues Are Projected To Grow At A CAGR Of 19.3% During 2019-25
Changing consumer preferences, promotion of heat-not-burn tobacco products and increasing number of stores with HnB products are driving the growth of the market. Heated tobacco products are gaining popularity due to a general curiosity and rising health concerns among the consumers.
According to 6Wresearch, Global heat-not-burn tobacco product market revenues are projected to grow at a CAGR of 19.3% during 2019-25. The concept of heated tobacco product allows consumers to experience what looks and feels like smoking a conventional cigarette without inhaling the combusted tobacco. This simple phenomenon is making people to shift from conventional cigarettes to Heat-not-Burn tobacco products due to reduced ill health effects.
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