Reports
Reports
Sale
The global cigarette market reached a value of approximately USD 702.87 billion in 2023. The market is projected to grow at a CAGR of 2.5% between 2024 and 2032, reaching a value of around USD 815.11 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Cigarettes vary in type, content, production methods, and marketing strategies. Traditional varieties include full flavour with higher tar and nicotine, light/low tar with lowered levels, and menthol for a cooling effect. Filtered cigarettes use a filter to lessen tar and nicotine intake, while unfiltered ones lack a filter, resulting in higher tar and nicotine concentrations.
According to APS data, the UK had 12.9% current smokers in 2022, totalling 6.4 million people. Those aged 25 to 34 had the highest proportion (16.3%, approximately 1.4 million) compared to other age groups boosting the cigarette market.
Clove cigarettes (kreteks) combine tobacco and cloves for a unique flavour and aroma. Herbal cigarettes substitute tobacco with herbs, lacking nicotine but still harmful when burned. Electronic cigarettes (e-cigarettes) are battery-operated devices that deliver nicotine through vapour.
Cigarettes serve primarily to deliver nicotine for temporary pleasure and stress relief, facilitate social interaction, cope with stress and anxiety, and become part of daily routines. Despite significant health risks, smokers perceive benefits like relaxation, stress reduction, improved concentration, weight management, and socialising, though health risks outweigh these perceived benefits.
The largest cigarette companies in the US sold fewer cigarettes to wholesalers and retailers, decreasing from 190.2 billion in 2021 to 173.5 billion in 2022, per the Federal Trade Commission's latest Cigarette Report. Menthol cigarettes constituted 36% of the market among major manufacturers in 2022.
The rise of reduced-harm products, sustainability, and environmental concerns, premiumisation of cigarette brands, and technological advancements in production are the major trends enhancing the cigarette industry growth rate.
May 4, 2024
Reliance Retail and Code Effort collaborated to launch jeans made from 600 discarded cigarette butts per pair for Lee Cooper's Eco Collection, set to debut in July-August 2024.
February 23, 2024
Japan Tobacco International shipped 531 billion combustible cigarettes in 2023, standing out as the only top-three Big Tobacco firm to increase volumes. Winston and Camel brands contributed to a 2.3% rise in 2023.
February 14, 2024
KT&G reported Esse, their ultra-slim cigarette brand, sold over 900 billion cigarettes in 2023. It gained popularity in South Korea for its slim, low-tar design, unique amid high-tar cigarettes initially dominating the market.
June 5, 2023
The Coimbatore-based Dr Kalam Foundation launched ‘Green Buds’, an initiative aimed at recycling cigarette butts to create various products such as pillows, toys, and mattresses using cellulose acetate filters.
Rise of Reduced-Harm Products
Consumers increasingly prefer reduced-harm products like heated tobacco and nicotine pouches, viewed as safer than traditional cigarettes. Companies invest in developing these to attract health-conscious customers.
Sustainability and Environmental Concerns
The cigarette industry trends are shaped by environmental sustainability by adopting eco-friendly practices, reducing plastic waste, and promoting biodegradable alternatives. Consumer and regulatory pressure drives companies towards sustainable production and packaging.
Premiumisation of Cigarette Brands
Consumers are willing to pay more for premium cigarette brands, which offer higher-quality tobacco, sophisticated packaging, and exclusive marketing. This helps companies maintain profitability by focusing on high-margin products.
Technological Advancements in Production
Advancements in cigarette production technology improve manufacturing efficiency and product quality. Automation, advanced filtration, and precision agriculture techniques help reduce costs and meet strict quality standards.
Consumer preferences increasingly favour flavoured and customisable products like menthol, fruit, and dessert-flavoured cigarettes and e-liquids, particularly among younger demographics. Companies are broadening their product ranges to appeal to diverse tastes and retain customers in a competitive market landscape enhancing the growth of the cigarette market.
According to Philip Morris International's 2023 annual report, the company achieved a 5.5% growth in organic net revenue, primarily fuelled by an 8.9% increase in pricing. Marlboro, the leading international cigarette brand, comprised around 39% of total cigarette shipment volume in 2023.
Furthermore, the cigarette market is witnessing a notable shift towards e-cigarettes and vaping products, which are perceived as less harmful alternatives to traditional cigarettes, appealing particularly to health-conscious consumers looking for reduced-risk options. The convenience of vaping devices also contributes to their increasing popularity.
In November 2023, the FDA and CDC published findings from the 2023 National Youth Tobacco Survey (NYTS), revealing that e-cigarettes were used by 7.7% of youth, while cigars and cigarettes were used by 1.6% each.
Major tobacco firms are heavily investing in the development and promotion of these products to capture market share. According to Japan Tobacco Inc.'s 2023 annual report, advertising expenses amounted to 39.3 billion Japanese yen.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
“Cigarette Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Distribution Channel
Market Breakup by Region
Light cigarettes drive global cigarette market growth as consumers perceive them as a healthier option with lower tar and nicotine levels compared to regular cigarettes.
Perceived as healthier due to reduced tar and nicotine, light cigarettes attract new and health-conscious smokers, offering marketing flexibility, brand differentiation, regulatory advantages, and global appeal. They enhance brand loyalty and can command premium prices.
According to Imperial Brands PLC's annual report, the tobacco industry has made significant strides in harm reduction, particularly in Europe where Next Generation Products (NGPs) have seen the most advancement. Yet, cigarettes still dominate the market, comprising 91% of sales in the region indicating the cigarette industry worth.
Medium cigarettes offer a balanced flavour between strong and light varieties, appealing broadly to consumers. They ensure consistent nicotine delivery, fostering brand loyalty and providing marketing flexibility. Regulatory compliance, competitive pricing, and reliable quality strengthen their market presence, catering to diverse consumer preferences as a transitional product.
Tobacco shops contribute significantly to the global cigarette market by offering a wide array of brands, including speciality, and imported varieties, to cater to diverse consumer preferences.
Tobacco shops are known for their expertise in tobacco products, ensuring informed customer choices. They stock a broad range of items, including speciality and imported brands, appealing to varied preferences, and fostering customer loyalty. Personalised service, exclusive product recommendations, regulatory compliance, and community engagement further enhance their appeal.
Supermarkets and hypermarkets provide unparalleled convenience by offering cigarettes alongside groceries, attracting consumers looking for one-stop shopping. With high foot traffic, they ensure broad exposure and potential sales, enabling bulk purchases and competitive pricing through economies of scale. They carry diverse cigarette brands, accommodating different tastes and budgets, often providing discounts and loyalty programs to attract price-sensitive shoppers.
Convenience stores play a crucial role in the cigarette market due to their immediate accessibility in locations like gas stations and urban areas. Open extended hours, often 24/7, they cater to customers seeking quick purchases without visiting larger stores. Cigarettes prominently displayed at checkout counters encourage impulse buys, boosting sales.
Online stores revolutionise the cigarette market with unmatched convenience and accessibility, particularly appealing to tech-savvy consumers preferring home shopping. They offer global reach, tapping into a vast customer base beyond local markets, and expanding business prospects. Customers enjoy shopping anytime, anywhere, with delivery options saving time and effort, and catering to busy lifestyles.
The cigarette market competitive landscape is shaped by a growing emphasises on sustainability and corporate social responsibility to mitigate environmental impacts and promote ethical business practices.
Philip Morris International: Established in 1847 and based in New York City, Philip Morris International is a major player in the tobacco industry, renowned for its global presence and popular brands like Marlboro.
British American Tobacco: Founded in 1902 and located in London, British American Tobacco is a significant multinational tobacco corporation, operating worldwide with well-known brands such as Dunhill and Lucky Strike.
Japan Tobacco Inc.: Founded in 1985 and headquartered in Tokyo, Japan Tobacco Inc. stands as one of the largest tobacco companies globally, distinguished for its brands including Winston and Camel.
Imperial Brands PLC: Founded in 1901 and headquartered in Bristol, UK, Imperial Brands PLC is a multinational company recognized for its extensive portfolio, which includes renowned cigarette brands like Davidoff and Gauloises.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on cigarette market analysis, various factors influence the demand for cigarettes in the Asia Pacific region, reflecting a complex interaction of cultural, economic, and regulatory dynamics. This region has one of the highest smoking rates globally, largely due to entrenched social norms and historical tobacco use, particularly in Asian cultures, which strongly support the continued demand for cigarettes.
Tobacco is among the most economically significant crops globally, known for its resilience to drought and ability to grow in less favourable soils. In India, tobacco is cultivated on 0.27% of the total cultivated area, yielding approximately 750 million kilograms of tobacco leaf annually, thereby bolstering the cigarette market size in India.
In many parts of the Asia Pacific region, smoking remains socially acceptable, particularly among men, which contributes to the high demand for cigarettes. Japan Tobacco Inc. reportedly spent $51 million in 522 communities across 65 countries in 2022, as part of its global outreach efforts.
In Europe, the large and growing population of potential and current smokers drives the increasing demand for cigarettes. The influx of young adults into the smoking population further adds to this demand. Tobacco cultivation is practised in 12 European Union countries, with major producers including Italy, Spain, Poland, Greece, Croatia, France, Hungary, and Bulgaria, collectively accounting for 99% of the EU's tobacco production.
About one-third of the 18 billion cigarettes smoked globally each day are disposed of in proper waste or recycling containers. Bratislava is pioneering cigarette butt recycling, with the municipal waste management company of Slovakia's capital launching a new initiative in partnership with the Bratislava City Council, SPAK-EKO, and EcoButt to collect and repurpose discarded cigarettes starting in 2024.
In 2024, Bratislava's waste management firm, Odvoz a Likvidácia Odpadu (OLO), introduced specially designed containers for discarded cigarettes at public events. The goal of this collaboration is to recycle these materials into asphalt for road construction purposes.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Cigarette Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Tobacco Market Overview
8.1 Key Industry Highlights
8.2 Global Tobacco Historical Market (2018-2023)
8.3 Global Tobacco Market Forecast (2024-2032)
8.4 Global Tobacco Market by Product
8.5 Global Tobacco Market by Region
9 Global Cigarette Market Analysis
9.1 Key Industry Highlights
9.2 Global Cigarette Historical Market (2018-2023)
9.3 Global Cigarette Market Forecast (2024-2032)
9.4 Global Cigarette Market by Type
9.4.1 Light
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2023)
9.4.1.3 Forecast Trend (2024-2032)
9.4.2 Medium
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2023)
9.4.2.3 Forecast Trend (2024-2032)
9.4.3 Others
9.5 Global Cigarette Market by Distribution Channel
9.5.1 Tobacco Shops
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2023)
9.5.1.3 Forecast Trend (2024-2032)
9.5.2 Supermarket and Hypermarkets
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2023)
9.5.2.3 Forecast Trend (2024-2032)
9.5.3 Convenience Stores
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2018-2023)
9.5.3.3 Forecast Trend (2024-2032)
9.5.4 Online Stores
9.5.4.1 Market Share
9.5.4.2 Historical Trend (2018-2023)
9.5.4.3 Forecast Trend (2024-2032)
9.5.5 Others
9.6 Global Cigarette Market by Region
9.6.1 Market Share
9.6.1.1 North America
9.6.1.2 Europe
9.6.1.3 Asia Pacific
9.6.1.4 Latin America
9.6.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
13.1 Price Structure
13.2 Price Trends
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
15 Project Requirement and Cost Analysis
15.1 Land, Location, and Site Development
15.2 Construction
15.3 Plant Machinery
15.4 Cost of Raw Material
15.5 Packaging
15.6 Transportation
15.7 Utilities
15.8 Manpower
15.9 Other Capital Investment
16 Project Economics
16.1 Capital Cost of the Project
16.2 Techno-Economic Parameters
16.3 Product Pricing and Margins Across Various Levels of the Supply Chain
16.4 Taxation and Depreciation
16.5 Income Projections
16.6 Expenditure Projections
16.7 Financial Analysis
16.8 Profit Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Philip Morris International
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 British American Tobacco
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Japan Tobacco Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Imperial Brands PLC
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Industry Events and Developments
List of Key Figures and Tables
1. Global Tobacco Market: Key Industry Highlights, 2018 and 2032
2. Global Tobacco Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Tobacco Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Tobacco Historical Market: Breakup by Region (USD Billion), 2018-2023
5. Global Tobacco Market Forecast: Breakup by Region (USD Billion), 2024-2032
6. Global Cigarette Market: Key Industry Highlights, 2018 and 2032
7. Global Cigarette Historical Market: Breakup by Type (USD Billion), 2018-2023
8. Global Cigarette Market Forecast: Breakup by Type (USD Billion), 2024-2032
9. Global Cigarette Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
10. Global Cigarette Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
11. Global Cigarette Historical Market: Breakup by Region (USD Billion), 2018-2023
12. Global Cigarette Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. North America Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
14. North America Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
15. Europe Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
16. Europe Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
17. Asia Pacific Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
18. Asia Pacific Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
19. Latin America Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
20. Latin America Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
21. Middle East and Africa Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2023
22. Middle East and Africa Cigarette Market Forecast: Breakup by Country (USD Billion), 2024-2032
23. Global Cigarette Market Structure
The market was valued at USD 702.87 billion in 2023.
The market is projected to grow at a CAGR of 2.5% between 2024 and 2032.
The revenue generated from the Cigarette market is expected to reach USD 815.11 billion in 2032.
The major drivers of the market include rising disposable incomes, increasing population, marketing strategies of tobacco companies, availability of different flavours of cigarette, among other social and cultural factors.
The rise of reduced-harm products, sustainability, and environmental concerns, premiumisation of cigarette brands, and technological advancements in production are the major trends enhancing the cigarette industry growth rate.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market is categorised according to the type, which includes light, medium and others.
The market is categorised according to the distribution channel, which includes tobacco shops, supermarkets and hypermarkets, convenience stores, online stores, and others.
The market key players are Philip Morris International, British American Tobacco, Japan Tobacco Inc., and Imperial Brands PLC among others.
The Asia-Pacific region is the fastest-growing region in the global cigarette market, driven by largely due to entrenched social norms and historical tobacco use.
Datasheet
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.