Overview and Scope
The smoking and other tobacco products refer to the products that produce loose tobacco such as chewing tobacco, dissolvable tobacco, which is used in pipes, roll-your-own (ROY) cigarettes, make-your-own (MOY) cigarettes, and other tobacco products.
Sizing and Forecast
The smoking and other tobacco products market size has grown strongly in recent years. It will grow from $23.43 billion in 2023 to $24.65 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to tobacco industry dominance, consumer habit and addiction, cultural and social traditions, effective marketing and branding, tobacco taxation and regulation.
The smoking and other tobacco products market size is expected to see steady growth in the next few years. It will grow to $29.75 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to health-conscious consumer preferences, reduced smoking prevalence, regulations and packaging changes, alternative products and harm reduction, global market expansion. Major trends in the forecast period include e-cigarettes and vaping, smokeless and snus products, nicotine replacement therapies, reduced nicotine and low-tar products, menthol and flavored tobacco.
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The smoking and other tobacco products market covered in this report is segmented –
1) By Type: Other Smokeless Tobacco, Loose Tobacco
2) By Product Type: Combustible Tobacco, Smokeless Tobacco
3) By Flavor: No Flavor, Flavored
4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
Subsegments Covered : Mass, Premium
Top Major Players:
Philip Morris International Inc.I
mperial Tobacco PLC
Altria Group Inc.
British American Tobacco PLC
Japan Tobacco Inc
Asia-Pacific was the largest region in the smoking and other tobacco products market in 2023.
Asia-Pacific was the largest region in the smoking and other tobacco products market in 2023. Western Europe was the second-largest region in the smoking and other tobacco products market. The regions covered in the smoking and other tobacco products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Changing lifestyles of people, especially in the emerging markets, will propel the smoking and other tobacco products market in the forecast period. For instance, according to the World Health Organization report published in 2021, each year, tobacco destroys more than 8 million individuals. Moreover, 7 million of these deaths are caused by direct tobacco use, whereas 1.2 million are caused by non-smokers inhaling second-hand smoke. Low-and middle-income nations account for more than 80% of the world's 1.3 billion tobacco consumers. In emerging markets, fast-paced lifestyles, an expanding working population, and an increasing preference for smoking boosted the demand for smoking and other tobacco products, which in turn drove the market for smoking and other tobacco products in the forecast period.
Key Industry Players
Major companies operating in the smoking and other tobacco products market include Philip Morris International Inc., Imperial Tobacco plc, Altria Group Inc., British American Tobacco plc, Japan Tobacco Inc., Swisher International Inc., Scandinavian Tobacco Group, Swedish Match AB, Reynolds American Inc., Vector Group Ltd., Turning Point Brands Inc., National Tobacco Company L.P., Liggett Group LLC, John Middleton Co., Cheyenne International LLC, Farmer's Tobacco Co. of Cynthiana Inc., Sutliff Tobacco Company LLC, Lane Limited, Cornell & Diehl Inc., Gawith Hoggarth & Co., Mac Baren Tobacco Company A/S, Samuel Gawith & Co. Ltd., Orlik Tobacco Company A/S, Oliva Cigar Co., Perdomo Cigars, Arturo Fuente Cigars, Ashton Cigars, Padron Cigars, Joya de Nicaragua S.A., My Father Cigars Inc.
The smoking and other tobacco products market report table of contents includes:
1. Executive Summary
2. Smoking And Other Tobacco Products Market Characteristics
3. Smoking And Other Tobacco Products Product/Service Analysis -Product/Service Examples
4. Smoking And Other Tobacco Products Market Trends And Strategies
5. Smoking And Other Tobacco Products Market - Macro Economic Scenario
…
68. Global Smoking And Other Tobacco Products Market Competitive Benchmarking
69. Global Smoking And Other Tobacco Products Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Smoking And Other Tobacco Products Market
71.Smoking And Other Tobacco Products Market Future Outlook and Potential Analysis
72.Appendix
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Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reportsThe Smoking And Other Tobacco Products Global Market Report 2020-30 by The Business Research Company describes and explains the global smoking and other tobacco products market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.
The report evaluates the market across each region and for the major economies within each region.The Smoking And Other Tobacco Products Global Market Report 2021 covers smoking and other tobacco products market drivers, smoking and other tobacco products market trends, smoking and other tobacco products market segments, smoking and other tobacco products market growth rate, smoking and other tobacco products market major players, and smoking and other tobacco products market size.View Complete Report: https://www.thebusinessresearchcompany.com/report/smoking-and-other-tobacco-products-global-market-report-2020-30-covid-19-impact-and-recoveryThe smoking and other tobacco products market report provides an in-depth analysis of the impact of COVID-19 on the global smoking and other tobacco products industry, along with revised market numbers due to the effects of the coronavirus and the expected smoking and other tobacco products market growth numbers 2021-2030.Smoking And Other Tobacco Products Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=2055=smpThe global smoking and other tobacco products market is expected to grow from $26.78 billion in 2020 to $27.67 billion in 2021 at a compound annual growth rate (CAGR) of 3.3%.
The market is expected to reach $34.14 billion in 2025 at a CAGR of 5%.The report covers the smoking and other tobacco products market’s segments-1) By Type: Other Smokeless Tobacco, Loose Tobacco.2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.3) By Flavor: No Flavor, Flavored.4) By Product Type: Combustible Tobacco, Smokeless Tobacco.5) By Category: Mass, Premium.About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
The Business Research Company published its Smoking And Other Tobacco Products Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global smoking and other tobacco products market.
The report covers the smoking and other tobacco products market’s segments- by type: chewing tobacco; snuff tobacco; other smokeless tobacco; loose tobacco, by distribution channel: supermarkets/hypermarkets; convenience stores; e-commerce; others, by flavor: no flavor; flavored, by product type: combustible tobacco; smokeless tobacco, and by category: mass; premium.View Complete Report: https://www.thebusinessresearchcompany.com/report/leather-and-allied-products-global-market-report-2020-30-covid-19-impact-and-recoverySmoking And Other Tobacco Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
Smoking And Other Tobacco Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the smoking and other tobacco industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected smoking and other tobacco market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/smoking-and-other-tobacco-products-global-market-report-2020-30-covid-19-impact-and-recoveryThe Smoking And Other Tobacco Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global smoking and other tobacco market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Smoking And Other Tobacco Global Market Report 2021 covers smoking and other tobacco market drivers, smoking and other tobacco market trends, smoking and other tobacco market growth rate, smoking and other tobacco market major players, player-adopted strategies in the market, and smoking and other tobacco market size.The global smoking and other tobacco market is expected to grow from $26.78 billion in 2020 to $27.67 billion in 2021 at a compound annual growth rate (CAGR) of 3.3%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The market is expected to reach $34.14 billion in 2025 at a CAGR of 5%.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=2055=smp The report covers the smoking and other tobacco market segments- 1) By Type: Other Smokeless Tobacco, Loose Tobacco 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others 3) By Flavour: No Flavor, Flavored 4) By Product Type: Combustible Tobacco, Smokeless Tobacco 5) By Category: Mass, PremiumAbout The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
The Marlboro Man says he has a new mantra: “Quit Smoking.”Philip Morris International, the company that manufactures Marlboro cigarettes and the very definition of Big Tobacco, says it wants to help you quit smoking.What on earth is going on?
!Click link for a deep-dive into Big Tobacco's unnatural reinventions:https://transfin.in/why-the-tobacco-industry-is-investing-in-smoke-free-products
