The rising trend of blunt smoking among youngsters globally is the major factor driving market growth. The wide variety of flavors to impart better smoking experience is further fueling the market demand. An inclination of people towards smoking blunts over cigarette is also pushing the market demand uphill. Also, stressed work environment and hectic lifestyle are inducing smoking habit within the population will boost the market growth over the forecast period.
The latest report by Value Market Research expects the Global Blunt Wrap Market was valued USD 350 million in 2017 and is likely to reach at USD 450 million by 2024 with CAGR of 5%.
FLAVORED BLUNT WRAP DOMINATED THE FLAVORING SEGMENT
Flavored blunt wrap led the segment in 2017 owing to its ability to add desired flavor and masks the bitter taste of tobacco or marijuana while smoking is driving the segment growth. Use of flavored blunt to enhanced smoking experience is again fueling the segment demand.
RECREATIONAL MARIJUANA LED THE APPLICATION SEGMENT
In 2017, recreational marijuana dominated the application segment owing to the highly potent and long-lasting effect than tobacco.
OFFLINE LED THE RETAIL CHANNEL SEGMENT
In 2017, offline retail channel dominated the segment owing to banned imposed by the government of various countries on retail sales, marketing, distribution of blunt and blunt wraps is driving demand for the segment market.
NORTH AMERICA EMERGED AS THE LEADING MARKET
In 2017, North America led the regional market and has accounted for over XX.X% of the total market share. Rising count of blunt smokers is driving the North America blunt wrap market growth.
KEY PLAYERS OF THE MARKET
BnB Enterprise, Durfort Holdings S.A., Marijuana Packaging, Slimjim Online, and Smokers heaven are the prominent players of the blunt wrap market
As per this study the Global Blunt Wrap Market was valued USD 350 MN (by revenue) in 2017 and is anticipated to reach USD 492.5 MN by 2024 with a CAGR of 5.0%.
Blunt wrap refers to the sheet of paper wrapper used to hold blunt together and to keep it fresh. The blunt wrap is generally made from processed tobacco that may or may not impart flavor to the blunt. In some cases, it is wrapped or rolled around the plastic tube for better holding. The advantage of a blunt wrap is it easy to roll and burns slowly and evenly.
Rising count of the smokers across the globe is the major factor driving the market growth. Availability of a wide range of flavors to impart better smoking experience is further fueling the market demand. The shift in consumer preference towards blunts over cigarette is further pushing the market demand uphill. Also, stressed lifestyle leading the rise in smoking habit among the youth is again boosting the market growth. However, rising cases of cancer due to smoking coupled with the ban imposed on usage of tobacco and marijuana by the government of various countries are expected to hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of blunt wrap.
The broad blunt wrap market has been sub-grouped into flavoring, application and retail channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Flavored Blunt Wraps
- Unflavored Blunt Wraps
By Retail Channel
- Recreational Marijuana
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for the blunt wrap in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
North America Blunt Wrap Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the blunt wrap market include BnB Enterprise, Durfort Holdings S.A., Marijuana Packaging, Slimjim Online, and Smokers heaven. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
2. EXECUTIVE SUMMARY
- Introduction To Blunt Wrap
- Report Description
- Objectives Of The Study
- Research Scope
- Research Methodology
3. MARKET ANALYSIS
- Market Highlight
- Global Blunt Wrap Market: Snapshot
4. BLUNT WRAP MARKET ANALYSIS BY FLAVORING
- Porter’s Five Forces Analysis
- Value Chain Analysis
5. BLUNT WRAP MARKET ANALYSIS BY APPLICATION
- Market In Flavored Blunt Wraps
- Market In Unflavored Blunt Wraps
6. BLUNT WRAP MARKET ANALYSIS BY RETAIL CHANNEL
- Market In Tobacco
- Market In Recreational Marijuana
7. BLUNT WRAP MARKET ANALYSIS BY GEOGRAPHY
- Market In Online
- Market In Offline
8. COMPETITIVE LANDSCAPE OF THE BLUNT WRAP COMPANIES
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
9. COMPANY PROFILES OF THE BLUNT WRAP INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- Market Competition
- Mergers And Acquisitions
- New Product Launches
- Other Developments
* Tentative TOC
LIST OF TABLES
- BnB Enterprise
- Durfort Holdings S.A.
- Marijuana Packaging
- Slimjim Online
- Smokers heaven
Table 1. Market Highlights Of Blunt Wrap
Table 2. Global Blunt Wrap Market By Flavoring
Table 3. Global Blunt Wrap Market By Application
Table 4. Global Blunt Wrap Market By Retail Channel
Table 5. Global Blunt Wrap Market By Geography
Table 6. North America Blunt Wrap Market
Table 7. Europe Blunt Wrap Market
Table 8. Asia Pacific Blunt Wrap Market
Table 9. Latin America Blunt Wrap Market
Table 10. Middle East And Africa Blunt Wrap Market
Table 11. Partnership/Collaboration/Agreements
Table 12. Mergers And Acquisitions
Table 13. New Product Development
Table 14. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Blunt Wrap Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Blunt Wrap
Fig. 5. Porter’s Five Forces Analysis
Fig. 6. Value Chain Analysis
Fig. 7. Global Blunt Wrap Market By Flavoring
Fig. 8. Global Blunt Wrap Market By Application
Fig. 9. Global Blunt Wrap Market By Retail Channel
Fig. 10. Global Blunt Wrap Market By Geography
Fig. 11. North America Blunt Wrap Market
Fig. 12. Europe Blunt Wrap Market
Fig. 13. Asia Pacific Blunt Wrap Market
Fig. 14. Latin America Blunt Wrap Market
Fig. 15. Middle East And Africa Blunt Wrap Market
Fig. 16. Market Share Of Blunt Wrap Companies
Fig. 17. Recent Developments In Blunt Wrap Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.