Cigarette Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A cigarette is a tube-shaped tobacco product made using finely chopped, cured tobacco leaves wrapped in thin paper. It could also contain additional ingredients, such as flavoring agents. The smoke from a cigarette is normally breathed in once it is ignited on one end. Cigarettes contain nicotine as well as a number of carcinogens that are dangerous to both smokers and nonsmokers. Cigarettes can induce nicotine addiction as well as a variety of cancers.

MARKET DYNAMICS

The global cigarettes market is driven by rising addiction of smoking in majority of the population. Hectic work schedules, stress, depression, and other such factors may influence people to adopt smoking which is driving the market growth. However, rising awareness about the ill-effects of smoking and increasing health-consciousness amongst the people is potentially hampering the market growth. Moreover, stringent regulations on tobacco-based products across different regions is also expected to hinder the market growth over the forecast period.

MARKET SCOPE

The "Global Cigarette Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the cigarette market with detailed market segmentation based on type, product type, and distribution channel. The global cigarette market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cigarette market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global cigarette market is segmented into type and distribution channel. By type the cigarette market is segmented into flavored and non-flavored. By product type the cigarette market is segmented into hand rolled and machine rolled. By distribution channel, the cigarette market is classified into supermarkets and hypermarkets, convenience stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global cigarette market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The cigarette market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the cigarette market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the cigarette in these regions.

MARKET PLAYERS

The report covers vital developments in the cigarette as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the luxury lipsticks are anticipated to witness lucrative growth opportunities in the future with the rising demand for luxury lipsticks in the global market. Below mentioned is the list of few companies engaged in the cigarette market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cigarette market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   British American Tobacco PLC
  
•   China National Tobacco Corporation
  
•   Philip Morris Products SA
  
•   Japan Tobacco International SA.
  
•   ITC Limited
  
•   Imperial Tobacco Group
  
•   Altria Group Inc.
  
•   Godfrey Phillips India Ltd.
  
•   SMOORE INTERNATIONAL HOLDINGS LIMITED
  
•   Swedish Match AB
  
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Cigarette Report Scope