Heat-not-Burn Market Size, Share & Trends Analysis Report By Component (Capsules, Heating Module, Sticks, Vaporizers), By Distribution Channel, By Region, And Segment Forecasts, 2020 - 2027
Heat-not-Burn Market Growth & Trends
The global heat-not-burn market size is expected to reach USD 68.3 billion by 2027, registering a CAGR of 32.8% from 2020 to 2027, according to a new report by Grand View Research, Inc. The growth is driven by rising demand for Reduced Risk Products (RRPs) as they are considered less harmful to health. The rise in marketing campaigns coupled with growing approvals by the governing bodies such as U.S. Food and Drug Administration (FDA) and other governing bodies from Asia and Europe is anticipated to fuel the heat-not-burn (HNB) device market growth. The growing advertising campaigns, rising number of tobacco shops, and improved marketing strategies are anticipated to create growth opportunities for the market.
The growing purchasing power of consumers is expected to drive the acceptance of heat-not-burn products over the forecast period as these products are marketed as premium products. Leading manufacturers operating in Italy, Germany, U.S., South Africa, and Croatia are involved in product launches with focus on specialty and premium heat-not-burn products. However, numerous countries, such as Uruguay, and Singapore have banned the distribution and sale of heat-not-burn products, which is hindering the heat not burn devices market growth.
The usage of HNB device is believed as an effective technique to quit smoking, as it is less harmful, toxic, and generates vapor instead of smoke. The acceptance of the device is likely to increase, mainly among individuals willing to quit smoking or willing to smoke just for recreation purposes. Hence, the launch of innovative and new heat-not-burn devices, such as IQOS MESH, and PLOOM Tech is expected to increase the popularity of these devices, which would further propel the growth of the market.
Heat-not-Burn Market Report Highlights
The global heat-not-burn market size is expected to reach USD 68.3 billion by 2027, registering a CAGR of 32.8% from 2020 to 2027, according to a new report by Grand View Research, Inc. The growth is driven by rising demand for Reduced Risk Products (RRPs) as they are considered less harmful to health. The rise in marketing campaigns coupled with growing approvals by the governing bodies such as U.S. Food and Drug Administration (FDA) and other governing bodies from Asia and Europe is anticipated to fuel the heat-not-burn (HNB) device market growth. The growing advertising campaigns, rising number of tobacco shops, and improved marketing strategies are anticipated to create growth opportunities for the market.
The growing purchasing power of consumers is expected to drive the acceptance of heat-not-burn products over the forecast period as these products are marketed as premium products. Leading manufacturers operating in Italy, Germany, U.S., South Africa, and Croatia are involved in product launches with focus on specialty and premium heat-not-burn products. However, numerous countries, such as Uruguay, and Singapore have banned the distribution and sale of heat-not-burn products, which is hindering the heat not burn devices market growth.
The usage of HNB device is believed as an effective technique to quit smoking, as it is less harmful, toxic, and generates vapor instead of smoke. The acceptance of the device is likely to increase, mainly among individuals willing to quit smoking or willing to smoke just for recreation purposes. Hence, the launch of innovative and new heat-not-burn devices, such as IQOS MESH, and PLOOM Tech is expected to increase the popularity of these devices, which would further propel the growth of the market.
Heat-not-Burn Market Report Highlights
- The loose-leaf component segment is anticipated to grow rapidly over the forecast period as it is a natural substance offering a superior experience
- The online distribution channel is forecasted to witness phenomenal growth, as the vendors are using e-commerce and social media platforms, such as Facebook and Instagram to promote their devices
- The newsstand retail store segment is expected to witness the highest CAGR from 2020 to 2027. The newsstands are easily accessible to customers as they are present at every road corner. Hence, they can be considered as ideal locations to vend heat-not-burn devices
- The market demand in Europe region is anticipated to grow at a significant rate. This can be attributed to the presence of major manufacturers such as Philips Morris International, Japan Tobacco International, and British American Tobacco in major European countries such as U.K., Italy, Poland, Croatia, and Germany.
CHAPTER 1 METHODOLOGY AND SCOPE
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Heat-Not-Burn (HNB) Device Market - Industry Snapshot & Key Buying Criteria, 2016 - 2027
2.2 Global Heat-Not-Burn (HNB) Device Market, 2016 - 2027
2.2.1 Global Heat-Not-Burn (HNB) device market, by region, 2016 - 2027
2.2.2 Global Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
2.2.3 Global Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
CHAPTER 3 HEAT-NOT-BURN (HNB) DEVICE INDUSTRY OUTLOOK
3.1 Market Segmentation & Scope
3.2 Market Size and Growth Prospects
3.3 Heat-Not-Burn (HNB) Device Market - Value Chain Analysis
3.3.1 Vendor landscape
3.4 Heat-Not-Burn (HNB) Device Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Manufacturers focusing on the techno savvy customers and enhancing marketing strategies
3.4.1.2 Growing awareness towards safe tobacco alternatives
3.4.2 Market restraint analysis
3.4.2.1 Lack of standardized government regulations across different countries
3.5 Penetration and Growth Prospect Mapping
3.6 Heat-Not-Burn (HNB) Device Market - Porter’s Five Forces Analysis
3.7 Heat-Not-Burn (HNB) Device Market - Company Market Share Analysis, 2019
3.8 Heat-Not-Burn (HNB) Device Market - PESTEL Analysis
3.9 COVID19 Impact on Heat-Not-Burn (HNB) Device Market Dynamics
CHAPTER 4 HEAT-NOT-BURN (HNB) DEVICE COMPONENT OUTLOOK
4.1 Heat-Not-Burn (HNB) Device Market Share By Component, 2019
4.2 Capsules
4.2.1 Heat-not-burn capsules market, 2016 - 2027
4.3 Heating Module
4.3.1 Heat-not-burn heating module market, 2016 - 2027
4.4 Loose-leaf
4.4.1 Heat-not-burn loose-leaf market, 2016 - 2027
4.5 Sticks
4.5.1 Heat-not-burn sticks market, 2016 - 2027
4.6 Vaporizers
4.6.1 Heat-not-burn vaporizers market, 2016 - 2027
4.7 Others
4.7.1 Other Heat-Not-Burn (HNB) device components market, 2016 - 2027
CHAPTER 5 HEAT-NOT-BURN (HNB) DEVICE DISTRIBUTION CHANNEL OUTLOOK
5.1 Heat-Not-Burn (HNB) Device Market Share By Distribution Channel, 2019
5.2 Online
5.2.1 Online Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3 Retail Store
5.3.1 Retail store Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.2 Convenience Store
5.3.2.1.Convenience store Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.3 Drug Store
5.3.3.1.Drug store Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.4 Grocery Store
5.3.4.1.Grocery store Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.5 Newsstand Store
5.3.5.1.Newsstand Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.6 Tobacconist Store
5.3.6.1.Tobacconist store Heat-Not-Burn (HNB) device market, 2016 - 2027
CHAPTER 6 HEAT-NOT-BURN (HNB) DEVICE REGIONAL OUTLOOK
6.1 Heat-Not-Burn (HNB) Device Market Share By Region, 2019
6.2 North America
6.2.1 North America Heat-Not-Burn (HNB) device market, 2016 - 2027
6.2.2 North America Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.2.3 North America Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.2.3.1 North America Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.2.4 U.S.
6.2.4.1 U.S. Heat-Not-Burn (HNB) device market, 2016 - 2027
6.2.4.2 U.S. Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.2.4.3 U.S. Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.2.4.3.1 U.S. Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.2.5 Canada
6.2.5.1 Canada Heat-Not-Burn (HNB) device market, 2016 - 2027
6.2.5.2 Canada Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.2.5.3 Canada Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.2.5.3.1 Canada Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.3 Europe
6.3.1 Europe Heat-Not-Burn (HNB) device market, 2016 - 2027
6.3.2 Europe Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.3.3 Europe Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.3.3.1 Europe Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.3.4 U.K.
6.3.4.1 U.K. Heat-Not-Burn (HNB) device market, 2016 - 2027
6.3.4.2 U.K. Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.3.4.3 U.K. Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.3.4.3.1 U.K Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.3.5 Germany
6.3.5.1 Germany Heat-Not-Burn (HNB) device market, 2016 - 2027
6.3.5.2 Germany Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.3.5.3 Germany Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.3.5.3.1 Germany Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.4 Asia Pacific
6.4.1 AsiaPacific Heat-Not-Burn (HNB) device market, 2016 - 2027
6.4.2 Asia Pacific Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.4.3 Asia Pacific Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.4.3.1 Asia Pacific Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.4.4 China
6.4.4.1 China Heat-Not-Burn (HNB) device market, 2016 - 2027
6.4.4.2 China Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.4.4.3 China Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.4.4.3.1 China Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.4.5 Japan
6.4.5.1 Japan Heat-Not-Burn (HNB) device market, 2016 - 2027
6.4.5.2 Japan Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.4.5.3 Japan Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.4.5.3.1 Japan Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.4.6 South Korea
6.4.6.1 South Korea Heat-Not-Burn (HNB) device market, 2016 - 2027
6.4.6.2 South Korea Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.4.6.3 South Korea Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.4.6.3.1 South Korea Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.5 Latin America
6.5.1 Latin America Heat-Not-Burn (HNB) device market, 2016 - 2027
6.5.2 Latin America Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.5.3 Latin America Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.5.3.1 Latin America Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.5.4 Brazil
6.5.4.1 Brazil Heat-Not-Burn (HNB) device market, 2016 - 2027
6.5.4.2 Brazil Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.5.4.3 Brazil Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.5.4.3.1 Brazil Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.6 MEA
6.6.1 MEA Heat-Not-Burn (HNB) device market, 2016 - 2027
6.6.2 MEA Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.6.3 MEA Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.6.3.1 MEA Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Altria Group, Inc.
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Product benchmarking
7.1.4 Strategic initiatives
7.2 British American Tobacco
7.2.1 Company overview
7.2.2 Product benchmarking
7.2.3 Strategic initiatives
7.2.4 Strategic initiatives
7.3 Firefly Vapor
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 Imperial Brands
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Product benchmarking
7.4.4 Strategic initiatives
7.5 Japan Tobacco Inc.
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Strategic initiatives
7.6 KT&G Corp.
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 PAX Labs, Inc.
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Strategic initiatives
7.8 Philip Morris International
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Strategic initiatives
7.9 Shenzhen Yukan Technology Co., Ltd.
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Strategic initiatives
7.10 Vapor Tobacco Manufacturing LLC
7.10.1 Company overview
7.10.2 Financial performance
7.10.3 Product benchmarking
7.10.4 Strategic initiatives
7.11 Other Key Companies
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Heat-Not-Burn (HNB) Device Market - Industry Snapshot & Key Buying Criteria, 2016 - 2027
2.2 Global Heat-Not-Burn (HNB) Device Market, 2016 - 2027
2.2.1 Global Heat-Not-Burn (HNB) device market, by region, 2016 - 2027
2.2.2 Global Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
2.2.3 Global Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
CHAPTER 3 HEAT-NOT-BURN (HNB) DEVICE INDUSTRY OUTLOOK
3.1 Market Segmentation & Scope
3.2 Market Size and Growth Prospects
3.3 Heat-Not-Burn (HNB) Device Market - Value Chain Analysis
3.3.1 Vendor landscape
3.4 Heat-Not-Burn (HNB) Device Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Manufacturers focusing on the techno savvy customers and enhancing marketing strategies
3.4.1.2 Growing awareness towards safe tobacco alternatives
3.4.2 Market restraint analysis
3.4.2.1 Lack of standardized government regulations across different countries
3.5 Penetration and Growth Prospect Mapping
3.6 Heat-Not-Burn (HNB) Device Market - Porter’s Five Forces Analysis
3.7 Heat-Not-Burn (HNB) Device Market - Company Market Share Analysis, 2019
3.8 Heat-Not-Burn (HNB) Device Market - PESTEL Analysis
3.9 COVID19 Impact on Heat-Not-Burn (HNB) Device Market Dynamics
CHAPTER 4 HEAT-NOT-BURN (HNB) DEVICE COMPONENT OUTLOOK
4.1 Heat-Not-Burn (HNB) Device Market Share By Component, 2019
4.2 Capsules
4.2.1 Heat-not-burn capsules market, 2016 - 2027
4.3 Heating Module
4.3.1 Heat-not-burn heating module market, 2016 - 2027
4.4 Loose-leaf
4.4.1 Heat-not-burn loose-leaf market, 2016 - 2027
4.5 Sticks
4.5.1 Heat-not-burn sticks market, 2016 - 2027
4.6 Vaporizers
4.6.1 Heat-not-burn vaporizers market, 2016 - 2027
4.7 Others
4.7.1 Other Heat-Not-Burn (HNB) device components market, 2016 - 2027
CHAPTER 5 HEAT-NOT-BURN (HNB) DEVICE DISTRIBUTION CHANNEL OUTLOOK
5.1 Heat-Not-Burn (HNB) Device Market Share By Distribution Channel, 2019
5.2 Online
5.2.1 Online Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3 Retail Store
5.3.1 Retail store Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.2 Convenience Store
5.3.2.1.Convenience store Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.3 Drug Store
5.3.3.1.Drug store Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.4 Grocery Store
5.3.4.1.Grocery store Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.5 Newsstand Store
5.3.5.1.Newsstand Heat-Not-Burn (HNB) device market, 2016 - 2027
5.3.6 Tobacconist Store
5.3.6.1.Tobacconist store Heat-Not-Burn (HNB) device market, 2016 - 2027
CHAPTER 6 HEAT-NOT-BURN (HNB) DEVICE REGIONAL OUTLOOK
6.1 Heat-Not-Burn (HNB) Device Market Share By Region, 2019
6.2 North America
6.2.1 North America Heat-Not-Burn (HNB) device market, 2016 - 2027
6.2.2 North America Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.2.3 North America Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.2.3.1 North America Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.2.4 U.S.
6.2.4.1 U.S. Heat-Not-Burn (HNB) device market, 2016 - 2027
6.2.4.2 U.S. Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.2.4.3 U.S. Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.2.4.3.1 U.S. Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.2.5 Canada
6.2.5.1 Canada Heat-Not-Burn (HNB) device market, 2016 - 2027
6.2.5.2 Canada Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.2.5.3 Canada Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.2.5.3.1 Canada Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.3 Europe
6.3.1 Europe Heat-Not-Burn (HNB) device market, 2016 - 2027
6.3.2 Europe Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.3.3 Europe Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.3.3.1 Europe Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.3.4 U.K.
6.3.4.1 U.K. Heat-Not-Burn (HNB) device market, 2016 - 2027
6.3.4.2 U.K. Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.3.4.3 U.K. Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.3.4.3.1 U.K Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.3.5 Germany
6.3.5.1 Germany Heat-Not-Burn (HNB) device market, 2016 - 2027
6.3.5.2 Germany Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.3.5.3 Germany Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.3.5.3.1 Germany Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.4 Asia Pacific
6.4.1 AsiaPacific Heat-Not-Burn (HNB) device market, 2016 - 2027
6.4.2 Asia Pacific Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.4.3 Asia Pacific Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.4.3.1 Asia Pacific Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.4.4 China
6.4.4.1 China Heat-Not-Burn (HNB) device market, 2016 - 2027
6.4.4.2 China Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.4.4.3 China Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.4.4.3.1 China Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.4.5 Japan
6.4.5.1 Japan Heat-Not-Burn (HNB) device market, 2016 - 2027
6.4.5.2 Japan Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.4.5.3 Japan Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.4.5.3.1 Japan Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.4.6 South Korea
6.4.6.1 South Korea Heat-Not-Burn (HNB) device market, 2016 - 2027
6.4.6.2 South Korea Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.4.6.3 South Korea Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.4.6.3.1 South Korea Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.5 Latin America
6.5.1 Latin America Heat-Not-Burn (HNB) device market, 2016 - 2027
6.5.2 Latin America Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.5.3 Latin America Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.5.3.1 Latin America Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.5.4 Brazil
6.5.4.1 Brazil Heat-Not-Burn (HNB) device market, 2016 - 2027
6.5.4.2 Brazil Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.5.4.3 Brazil Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.5.4.3.1 Brazil Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
6.6 MEA
6.6.1 MEA Heat-Not-Burn (HNB) device market, 2016 - 2027
6.6.2 MEA Heat-Not-Burn (HNB) device market, by component, 2016 - 2027
6.6.3 MEA Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027
6.6.3.1 MEA Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 Altria Group, Inc.
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Product benchmarking
7.1.4 Strategic initiatives
7.2 British American Tobacco
7.2.1 Company overview
7.2.2 Product benchmarking
7.2.3 Strategic initiatives
7.2.4 Strategic initiatives
7.3 Firefly Vapor
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 Imperial Brands
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Product benchmarking
7.4.4 Strategic initiatives
7.5 Japan Tobacco Inc.
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Strategic initiatives
7.6 KT&G Corp.
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 PAX Labs, Inc.
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Strategic initiatives
7.8 Philip Morris International
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Strategic initiatives
7.9 Shenzhen Yukan Technology Co., Ltd.
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Strategic initiatives
7.10 Vapor Tobacco Manufacturing LLC
7.10.1 Company overview
7.10.2 Financial performance
7.10.3 Product benchmarking
7.10.4 Strategic initiatives
7.11 Other Key Companies
LIST OF TABLES
TABLE 1 Heat-Not-Burn (HNB) device market - Industry snapshot & key buying criteria, 2016 - 2027
TABLE 2 Global Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 3 Global Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 4 Global Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 5 Global Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 6 Global Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 7 Vendor landscape
TABLE 8 Heat-Not-Burn (HNB) device market market, 2016 - 2027 (USD Million)
TABLE 9 Heat-Not-Burn (HNB) device market market, by region, 2016 - 2027 (USD Million)
TABLE 10 Heat-not-burn capsules market, 2016 - 2027 (USD Million)
TABLE 11 Heat-not-burn capsules market, by region, 2016 - 2027 (USD Million)
TABLE 12 Heat-not-burn heating module market, 2016 - 2027 (USD Million)
TABLE 13 Heat-not-burn heating module market, by region, 2016 - 2027 (USD Million)
TABLE 14 Heat-not-burn loose-leaf market, 2016 - 2027 (USD Million)
TABLE 15 Heat-not-burn loose-leaf market, by region, 2016 - 2027 (USD Million)
TABLE 16 Heat-not-burn sticks market, 2016 - 2027 (USD Million)
TABLE 17 Heat-not-burn sticks market, by region, 2016 - 2027 (USD Million)
TABLE 18 Heat-not-burn vaporizers market, 2016 - 2027 (USD Million)
TABLE 19 Heat-not-burn vaporizers market, by region, 2016 - 2027 (USD Million)
TABLE 20 Other heat-not-burn components market, 2016 - 2027 (USD Million)
TABLE 21 Other heat-not-burn components market, by region, 2016 - 2027 (USD Million)
TABLE 22 Online Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 23 Online Heat-Not-Burn (HNB) device, by region, 2016 - 2027 (USD Million)
TABLE 24 Retail store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 25 Retail store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 26 Convenience store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 27 Convenience store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 28 Drug store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 29 Drug store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 30 Grocery store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 31 Grocery store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 32 Newsstand Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 33 Newsstand Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 34 Tobacconist store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 35 Tobacconist store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 36 North America Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 37 North America Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 38 North America Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 39 North America Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 40 U.S. Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 41 U.S. Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 42 U.S. Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 43 U.S. Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 44 Canada Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 45 Canada Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 46 Canada Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 47 Canada Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 48 Europe Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 49 Europe Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 50 Europe Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 51 Europe Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 52 U.K. Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 53 U.K. Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 54 U.K. Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 55 U.K. Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 56 Germany Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 57 Germany Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 58 Germany Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 59 Germany Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 60 Asia Pacific Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 61 Asia Pacific Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 62 Asia Pacific Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 63 Asia Pacific Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 64 South Korea Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 65 South Korea Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 66 South Korea Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 67 South Korea Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 68 China Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 69 China Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 70 China Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 71 China Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 72 Japan Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 73 Japan Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 74 Japan Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 75 Japan Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 76 Latin America Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 77 Latin America Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 78 Latin America Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 79 Latin America Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 80 Brazil Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 81 Brazil Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 82 Brazil Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 83 Brazil Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 84 MEA Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 85 MEA Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 86 MEA Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 87 MEA Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 1 Heat-Not-Burn (HNB) device market - Industry snapshot & key buying criteria, 2016 - 2027
TABLE 2 Global Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 3 Global Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 4 Global Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 5 Global Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 6 Global Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 7 Vendor landscape
TABLE 8 Heat-Not-Burn (HNB) device market market, 2016 - 2027 (USD Million)
TABLE 9 Heat-Not-Burn (HNB) device market market, by region, 2016 - 2027 (USD Million)
TABLE 10 Heat-not-burn capsules market, 2016 - 2027 (USD Million)
TABLE 11 Heat-not-burn capsules market, by region, 2016 - 2027 (USD Million)
TABLE 12 Heat-not-burn heating module market, 2016 - 2027 (USD Million)
TABLE 13 Heat-not-burn heating module market, by region, 2016 - 2027 (USD Million)
TABLE 14 Heat-not-burn loose-leaf market, 2016 - 2027 (USD Million)
TABLE 15 Heat-not-burn loose-leaf market, by region, 2016 - 2027 (USD Million)
TABLE 16 Heat-not-burn sticks market, 2016 - 2027 (USD Million)
TABLE 17 Heat-not-burn sticks market, by region, 2016 - 2027 (USD Million)
TABLE 18 Heat-not-burn vaporizers market, 2016 - 2027 (USD Million)
TABLE 19 Heat-not-burn vaporizers market, by region, 2016 - 2027 (USD Million)
TABLE 20 Other heat-not-burn components market, 2016 - 2027 (USD Million)
TABLE 21 Other heat-not-burn components market, by region, 2016 - 2027 (USD Million)
TABLE 22 Online Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 23 Online Heat-Not-Burn (HNB) device, by region, 2016 - 2027 (USD Million)
TABLE 24 Retail store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 25 Retail store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 26 Convenience store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 27 Convenience store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 28 Drug store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 29 Drug store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 30 Grocery store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 31 Grocery store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 32 Newsstand Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 33 Newsstand Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 34 Tobacconist store Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 35 Tobacconist store Heat-Not-Burn (HNB) device market, by region, 2016 - 2027 (USD Million)
TABLE 36 North America Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 37 North America Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 38 North America Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 39 North America Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 40 U.S. Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 41 U.S. Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 42 U.S. Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 43 U.S. Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 44 Canada Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 45 Canada Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 46 Canada Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 47 Canada Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 48 Europe Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 49 Europe Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 50 Europe Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 51 Europe Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 52 U.K. Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 53 U.K. Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 54 U.K. Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 55 U.K. Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 56 Germany Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 57 Germany Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 58 Germany Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 59 Germany Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 60 Asia Pacific Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 61 Asia Pacific Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 62 Asia Pacific Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 63 Asia Pacific Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 64 South Korea Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 65 South Korea Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 66 South Korea Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 67 South Korea Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 68 China Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 69 China Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 70 China Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 71 China Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 72 Japan Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 73 Japan Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 74 Japan Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 75 Japan Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 76 Latin America Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 77 Latin America Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 78 Latin America Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 79 Latin America Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 80 Brazil Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 81 Brazil Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 82 Brazil Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 83 Brazil Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
TABLE 84 MEA Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
TABLE 85 MEA Heat-Not-Burn (HNB) device market, by component, 2016 - 2027 (USD Million)
TABLE 86 MEA Heat-Not-Burn (HNB) device market, by distribution channel, 2016 - 2027 (USD Million)
TABLE 87 MEA Heat-Not-Burn (HNB) device market, by retail store, 2016 - 2027 (USD Million)
LIST OF FIGURES
FIG. 1 Market segmentation and scope
FIG. 2 Global Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
FIG. 3 Heat-Not-Burn (HNB) device market - Value chain analysis
FIG. 4 Heat-Not-Burn (HNB) device market dynamics
FIG. 5 Heat-Not-Burn (HNB) device market - Key market driver impact
FIG. 6 U.S. vapor products market consumer channel shares, 2017
FIG. 7 Adult population perception of harm from Heat-Not-Burn (HNB) device compared to smoking, 2017
FIG. 8 Heat-Not-Burn (HNB) device market - Key market restraint impact
FIG. 9 Key opportunities prioritized
FIG. 10 Heat-Not-Burn (HNB) device market - Porter’s five forces analysis
FIG. 11 Heat-Not-Burn (HNB) device market - Company market share analysis, 2019
FIG. 12 Heat-Not-Burn (HNB) device market - PESTEL analysis
FIG. 13 Heat-Not-Burn (HNB) device market, by component, 2019
FIG. 14 Heat-Not-Burn (HNB) device market by distribution channel, 2019
FIG. 15 Heat-Not-Burn (HNB) device market by region, 2019
FIG. 16 Regional market place - Key takeaways
FIG. 17 North America Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 18 Europe Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 19 Asia Pacific Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 20 Latin America Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 21 MEA Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 1 Market segmentation and scope
FIG. 2 Global Heat-Not-Burn (HNB) device market, 2016 - 2027 (USD Million)
FIG. 3 Heat-Not-Burn (HNB) device market - Value chain analysis
FIG. 4 Heat-Not-Burn (HNB) device market dynamics
FIG. 5 Heat-Not-Burn (HNB) device market - Key market driver impact
FIG. 6 U.S. vapor products market consumer channel shares, 2017
FIG. 7 Adult population perception of harm from Heat-Not-Burn (HNB) device compared to smoking, 2017
FIG. 8 Heat-Not-Burn (HNB) device market - Key market restraint impact
FIG. 9 Key opportunities prioritized
FIG. 10 Heat-Not-Burn (HNB) device market - Porter’s five forces analysis
FIG. 11 Heat-Not-Burn (HNB) device market - Company market share analysis, 2019
FIG. 12 Heat-Not-Burn (HNB) device market - PESTEL analysis
FIG. 13 Heat-Not-Burn (HNB) device market, by component, 2019
FIG. 14 Heat-Not-Burn (HNB) device market by distribution channel, 2019
FIG. 15 Heat-Not-Burn (HNB) device market by region, 2019
FIG. 16 Regional market place - Key takeaways
FIG. 17 North America Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 18 Europe Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 19 Asia Pacific Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 20 Latin America Heat-Not-Burn (HNB) device market - Key takeaways
FIG. 21 MEA Heat-Not-Burn (HNB) device market - Key takeaways
