Global Cigarette Market (Value, Volume) - Analysis By Price (Value, Mid, Premium), Market Share, Distribution Channel, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2019-2024)
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Product Code:
RP-ID-10246010 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
240 -
Category:
FMCG & Food -
Publisher:
Pub-ID-29
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Executive Summary
Global Cigarette Market was valued at USD 726.94 billion in the year 2018. Rising prevalence of cigarette smoking in countries including Indonesia, Saudi Arabia, Slovenia, Bulgaria coupled with growing focus of manufacturers on providing quality cigarettes to consumers in order to meet their expectations with investment in geographical expansion, has been estimated to accelerate the Cigarette Market growth during the period of 2019-2024.
Value cigarettes are anticipated to account for the largest market share owing to wide spread availability of such cigarettes by various leading manufacturers followed by ever growing young population globally coupled with rising adoption of smoking in cafes, clubs, restaurants and other eateries.
Among the regions, Asia Pacific, followed by Europe and North America, will account for the largest market share owing to enhanced per capita expenditure on cigarettes with wide availability of various types of cigarettes and a number of companies focusing on improving their product portfolio and distribution channel in order to cater to the consumers’ needs. However, growing awareness among consumers regarding harmful effects of cigarette smoking and diseases including cardiovascular diseases, chronic respiratory diseases, cancer being caused by tobacco consumption will drive sustained growth in the cigarettes market during the coming years.
Scope of the Report
• The report analyses Cigarette Market By Value and By Volume.
• The report analyses Cigarette Market By Price Segment (Value, Mid-Price, Premium, Others).
• The report assesses the Cigarette market By Distribution Channel (Tobacco Shops, Convenience Stores, Supermarkets and Hypermarkets, Online, Others).
• The Global Cigarette Market has been analysed By Region (North America, Europe, Asia Pacific, LAMEA) and By Country (United States, Canada, Germany, France, United Kingdom, China, Japan, India, Indonesia, Saudi Arabia).
• The key insights of the report have been presented through Market Attractiveness charts by Region, Price Segment and Distribution Channel. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include PMI, BAT, JTI, Imperial Tobacco Group, Altria Group Inc, Godfrey Phillips India Ltd., Landewyck Group, SPS Cigaronne, ITC Ltd.
• The report also features market share of leading companies and brands at global and country levels.
• The report presents the analysis of Cigarette Market for the historical period of 2014-2018 and the forecast period of 2019-2024.
Key Target Audience
• Cigarette Vendors
• Cigarette Manufacturers
• Tobacco Manufacturers
• Consulting and Advisory Firms
• Government and Policy Makers
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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