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The global cigarette market reached a value of US$ 1,040 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,291 Billion by 2027, exhibiting at a CAGR of 3.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Cigarettes represent one of the most popular tobacco products being consumed across the world. They are a small cigar made of a thin paper containing shredded or ground tobacco. Most of the cigarettes are produced with a reconstituted product of tobacco which include the recycled stems of tobacco. Earlier in the 9th Century, cigarettes were available in the form of reeds and smoking tubes. Later in the 1800s, Juan Nepomuceno Adorno developed cigarette making machines in Mexico. Gradually with time, cigarettes were introduced in a wide variety of shapes, sizes, colours, flavours and intensity as per the preferences of consumers. Currently, the demand for cigarettes is on a rise, particularly in developing regions such as Asia and Africa. This is due to increasing population and tax government regulations regarding the production of cigarettes.
IMARC Group provides an analysis of the key trends in each sub-segment of the global cigarette market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on type and distribution channel.
Breakup by Type:
The cigarette market has been segmented on the basis of different types of cigarettes available for the consumers to choose from such as light, medium and others. Amongst these, light cigarettes represent the largest segment as they are safer and healthier to consume.
Breakup by Distribution Channel:
Currently, there are numerous means from which the consumers can obtain the desired cigarettes including tobacco shops, supermarket and hypermarkets, convenience stores, online stores and others. Tobacco shops are the most popular distribution channels as they offer a wide variety of specialised tobacco products ranging from premium cigars and cigarettes to ashtrays and humidification devices.
On a geographical front, Asia Pacific, excluding Australia, represents the largest market for cigarettes across the globe followed by Eastern Europe, Western Europe, Middle East and Africa, North America, Latin America and Australia. The growth in the Asia Pacific region can be highly attributed to increasing population coupled with elevating disposable incomes.
The global cigarette market is highly concentrated in nature with the presence of few manufacturers who have been competing in terms of prices and quality. Some of the top cigarette companies operating in the market include China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International and Imperial Tobacco Group.
This report provides a deep insight into the global cigarette industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a cigarette manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the cigarette industry in any manner.
|Base Year of the Analysis||2021|
|Units||Million Sticks, US$ Billion|
|Segment Coverage||Type, Distribution Channel, Region|
|Region Covered||Asia Pacific (Excluding Australia), Eastern Europe, Western Europe, Middle East and Africa, North America, Latin America, Australia|
|Companies Covered||China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International and Imperial Tobacco Group|
|Customization Scope||10% Free Customization|
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|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global cigarette market was valued at US$ 1,040 Billion in 2021.
The increasing number of smokers based on hectic work schedules and early exposure to smoking due to peer influence, are among some of the factors driving the global cigarette market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in disrupted supply chains, unavailability of raw materials, and temporary closure of numerous cigarette manufacturing units. Moreover, the rising consumer consciousness towards improving the functioning of respiratory system will hamper the demand for cigarettes in the post-pandemic state.
Based on the type, the global cigarette market has been segmented into light cigarettes, medium cigarettes, and others. Among these, light cigarettes currently hold the largest market share.
Based on the distribution channel, the global cigarette market can be divided into tobacco shops, supermarkets and hypermarkets, convenience stores, online stores, and others. Currently, tobacco shops exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Western Europe, Eastern Europe, Asia Pacific (excluding Australia), Middle East and Africa, Latin America, and Australia, where Asia Pacific (excluding Australia) dominates the global market.
Some of the major players in the global cigarette market include China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International, and Imperial Tobacco Group.
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