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The Europe cigarette market is currently witnessing stable growth. 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. On account of these factors, the market is expected to continue its stable growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe cigarette market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type and distribution channel.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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