Europe Cigarette Market Share, Size, Growth, Analysis

Europe Cigarette Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2940

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Market Overview:

The Europe cigarette market size reached US$ 172.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 185.5 Billion by 2028, exhibiting a growth rate (CAGR) of 1.1% during 2023-2028.

Cigarettes are made using chemical additives and finely cut and cured tobacco leaves, which are enclosed in thin paper. They are ignited on one end and then the smoke produced is inhaled. As they are available in numerous shapes, sizes, colors and flavors, cigarettes are gaining traction among young adults of Europe.

A significant rise in the number of luxury cigarette brands that offer superior quality, high-end packaging and refined smoking experience represents one of the key factors impelling the cigarette market growth in Europe. This trend is further supported by the high disposable incomes of individuals in the region. Moreover, the nicotine present in cigarettes is considered to provide an immediate sense of relaxation, which is increasing the number of individuals who smoke to reduce stress and anxiety. This, along with the hectic lifestyles and long working hours, is influencing the market growth positively in the region. Apart from this, the easy availability of cigarettes via online retail channels with attractive price discounts is anticipated to bolster the growth of the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Europe cigarette market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on type and distribution channel.

Breakup by Type:

Light
Medium
Others

Breakup by Distribution Channel:

Tobacco Shops
Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others

Breakup by Country:

Germany
France
United Kingdom
Italy
Spain
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Type, Distribution Channel, Country
Countries Covered	Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The Europe cigarette market was valued at US$ 172.7 Billion in 2022.

We expect the Europe cigarette market to exhibit a CAGR of 1.1% during 2023-2028.

The increasing number of smokers, owing to the hectic and stressful lifestyles of individuals, along with the introduction of distinctive and innovative flavors, such as menthol, mango, clove, etc., is primarily driving the Europe cigarette market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several European nations, resulting in the temporary closure of numerous manufacturing units for cigarettes.

Based on the type, the Europe cigarette market has been segmented into light, medium, and others. Among these, light currently holds the majority of the total market share.

Based on the distribution channel, the Europe 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 Germany, France, United Kingdom, Italy, Spain, and others, where Germany currently dominates the Europe cigarette market.

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