The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global tobacco market reached a volume of 8.54 Million Tons in 2020.
The emergence of numerous flavored tobacco-products, such as apple, saffron, cinnamon, berry, etc., is one of the key factors currently driving the global tobacco market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous manufacturing units and retail shops of tobacco.
Based on the type, the global tobacco market can be categorized into cigarettes, roll your own, cigars, cigarillos, smokeless tobacco, and others. Among these, cigarettes currently account for the majority of the total market share.
On a regional level, the market has been classified into China, India, Brazil, United States, EU 15, and others, where China currently dominates the global market.
Some of the major players in the global tobacco market include China National Tobacco Corporation, British America Tobacco, Phillip Morris International, Japan Tobacco International, Imperial Tobacco Group, etc.
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