Global Smoking And Other Tobacco Products Market Size, Forecasts, And Opportunities – Includes Smokers Market
Learn about the global smoking and other tobacco products market through The Business Research Company, which provides information on smoking and other tobacco products market size, smoking and other tobacco products market drivers and restraints, smoking and other tobacco products market players, the COVID-19 impact on the smoking and other tobacco products market, and more.
The global smoking and other tobacco products market size is expected to grow from $24.72 billion in 2021 to $26.66 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%. The global smoking and other tobacco market size is expected to grow to $35.16 billion in 2026 at a CAGR of 7.2%.
Changing lifestyles of people, especially in the emerging markets, will propel the smoking and other tobacco products market in the forecast period.
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The smoking and other tobacco products market consists of sales of smoking and other tobacco products by entities (organizations, sole traders, and partnerships) that produce loose tobacco such as chewing tobacco, dissolvable tobacco which is used in pipes, roll-your-own (ROY) cigarettes, make-your-own (MYO) cigarettes, and other tobacco products.
Global Smoking And Other Tobacco Products Market Segments Include:
By Type: Loose Tobacco, Other Smokeless Tobacco
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
By Flavour: No Flavour, Flavoured
By Product Type: Combustible Tobacco, Smokeless Tobacco
By Category: Mass, Premium
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the smoking and other tobacco products market in 2021.
Cigarette companies are innovating in product designs and offering super slim and ultra-slim cigarettes to appeal to millennials. These super slim cigarettes are about 4.7 mm in diameter and 99mm in length. New types of cigarettes include long, extra-slim, light-colored with low tar content, and are particularly targeted towards female smokers.
Major Market Players: Philip Morris International Inc, Imperial Tobacco, Altria Group Inc, British American Tobacco, and Japan Tobacco Inc
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Smoking And Other Tobacco Products Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides smoking and other tobacco products market overviews, analyzes and forecasts market size, share, smoking and other tobacco products market players, smoking and other tobacco products market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s smoking and other tobacco products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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