India Cigarette Market Share, Size, Growth And Forecast 2023-2028

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

Report Format: PDF+Excel | Report ID: SR112023A2983

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Market Overview:

The India cigarette market size reached US$ 21.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11.94% during 2023-2028.

Cigarettes are one of the most commonly consumed tobacco products in India. They contain nicotine, an addictive central nervous system (CNS) stimulant that provides an immediate sense of relaxation. At present, manufacturers are offering cigarettes in a wide range of shapes, sizes, colors and integrity in the country.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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The calming neurological effects of nicotine present in tobacco are increasing the consumption of cigarettes among young adults to reduce stress and anxiety. This, in confluence with the growing population, inflating disposable incomes and hectic lifestyles of individuals, represents one of the significant factors contributing to the market growth in India. Apart from this, the key players are offering flavor on-demand product variants wherein liquid-filled capsules are crushed to flavor the cigarette smoke. These players are also investing in point-of-sale (PoS) and on-pack advertising to attract consumers in the country. This, along with the increasing efforts to sell products in other countries, is expected to spur the growth of the market in the future.

Key Market Segmentation:

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

Breakup by Type:

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Light
Medium
Others

Breakup by Distribution Channel:

Tobacco Shops
Supermarket and Hypermarkets
Convenience Stores
Online Stores
Others

Breakup by Region:

North India
West and Central India
South India
East India

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, Region
Region Covered	North India, West and Central India, South India, East India
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499
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 India cigarette market was valued at US$ 21.5 Billion in 2022.

We expect the India cigarette market to exhibit a CAGR of 11.94% 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 India cigarette market.

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

Based on the type, the India 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 India 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 India, West and Central India, South India, and East India.

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