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The GCC cigarette market is currently witnessing moderate growth. Cigarettes are tube-shaped rolls prepared using chemical additives and finely cured tobacco leaves. They contain nicotine that provides an immediate sense of relaxation while inhaling smoke. Despite the implementation of a 100% excise tax on tobacco products, cigarettes are gaining traction among the young population of the GCC region on account of the growing influence of social media.
Hectic lifestyles on account of long working hours, in confluence with the increasing consumption of cigarettes to relieve anxiety and stress among the young population, represents one of the key factors spurring the market growth in the GCC region. Moreover, the rising number of foreign expatriate workers, along with the portrayal of smoking as an affluent lifestyle in various satellite television channels and magazines, is further stimulating the growth of the cigarette market. Apart from this, the growing emphasis on offering innovative product variants by leading players in the region, coupled with the import of cigarettes from other counties, is anticipated to influence the overall sales of cigarettes in the future positively. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC 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.
Breakup by Type:
Breakup by 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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