Reports
Global Cigarette Market: By Type: Light, Medium, Others; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Price Analysis; Manufacturing Process; Project Requirement and Cost Analysis; Project Economics; Competitive Landscape; Industry Events and Developments
Global Cigarette Market Outlook
The global cigarette market reached a value of USD 702.87 billion in 2022. The market is further expected to grow at a CAGR of 2.5% between 2023 and 2028 to reach a value of almost USD 815.11 billion by 2028.
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Factors such as rising disposable incomes, marketing strategies of tobacco companies, availability of different flavours of cigarette and social & cultural factors are currently driving this market. This report by Expert Market Research entitled “Cigarette Market Report and Forecast 2023-2028” provides a comprehensive analysis for anyone who plans to foray into the cigarette market.
Historical market trends for the cigarette industry have been provided from 2018-2022 and forecasts have been presented till 2026. On a regional level, the report has segmented the global cigarette market into the following regions – North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Currently, Asia pacific represents the largest market. On the basis of the product type, the global cigarette market has been segmented as Virginia (flue-cured), American Blend, Dark and Oriental cigarettes.
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Properties and Applications
Cigarettes are presently being considered as one of the most popular methods of smoking in various regions of the world. The word cigarette has its origin from the French word “cigarette” which means small cigar. Most modern manufactured cigarettes are filtered and include reconstituted tobacco and other additives. The rates of cigarette smoking vary widely and have changed considerably over the course of history. While the rates of smoking have, over time, levelled off or declined in the developed nations, they continue to rise in the developing countries.
On the basis of type, the cigarette market is divided into:
- Light
- Medium
- Others
On the basis of distribution channels, the cigarette market is segmented into tobacco shops, supermarkets and hypermarkets, convenience stores, online stores, and others.
The report also covers the regional cigarette markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The value chain analysis of cigarette market has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the cigarette market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the cigarette industry has also been provided.
This report provides an exhaustive insight for setting-up and running a cigarette manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global cigarette market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Philip Morris International
- British American Tobacco
- Japan Tobacco Inc
- Imperial Brands PLC
- Others
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the cigarette market. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Distribution Channel, Region |
| Breakup by Type | Light, Medium, Others |
| Breakup by Distribution Channel | Tobacco Shops, Supermarket and Hypermarkets, Convenience Stores, Online Stores, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Philip Morris International, British American Tobacco, Japan Tobacco Inc., Imperial Brands PLC, Others |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 (2018-2022)
8.3 Global Tobacco Market Forecast (2023-2028)
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 (2018-2022)
9.3 Global Cigarette Market Forecast (2023-2028)
9.4 Global Cigarette Market by Type
9.4.1 Light
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Medium
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Supermarket and Hypermarkets
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.5.3 Convenience Stores
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2018-2022)
9.5.3.3 Forecast Trend (2023-2028)
9.5.4 Online Stores
9.5.4.1 Market Share
9.5.4.2 Historical Trend (2018-2022)
9.5.4.3 Forecast Trend (2023-2028)
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 (2018-2022)
10.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.2.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.3.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.5.2 Forecast Trend (2023-2028)
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 2028
2. Global Tobacco Historical Market: Breakup by Product (USD Billion), 2018-2022
3. Global Tobacco Market Forecast: Breakup by Product (USD Billion), 2023-2028
4. Global Tobacco Historical Market: Breakup by Region (USD Billion), 2018-2022
5. Global Tobacco Market Forecast: Breakup by Region (USD Billion), 2023-2028
6. Global Cigarette Market: Key Industry Highlights, 2016 and 2026
7. Global Cigarette Historical Market: Breakup by Type (USD Billion), 2018-2022
8. Global Cigarette Market Forecast: Breakup by Type (USD Billion), 2023-2028
9. Global Cigarette Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
10. Global Cigarette Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
11. Global Cigarette Historical Market: Breakup by Region (USD Billion), 2018-2022
12. Global Cigarette Market Forecast: Breakup by Region (USD Billion), 2023-2028
13. North America Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2022
14. North America Cigarette Market Forecast: Breakup by Country (USD Billion), 2023-2028
15. Europe Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2022
16. Europe Cigarette Market Forecast: Breakup by Country (USD Billion), 2023-2028
17. Asia Pacific Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2022
18. Asia Pacific Cigarette Market Forecast: Breakup by Country (USD Billion), 2023-2028
19. Latin America Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2022
20. Latin America Cigarette Market Forecast: Breakup by Country (USD Billion), 2023-2028
21. Middle East and Africa Cigarette Historical Market: Breakup by Country (USD Billion), 2018-2022
22. Middle East and Africa Cigarette Market Forecast: Breakup by Country (USD Billion), 2023-2028
23. Global Cigarette Market Structure
Key Questions Answered in the Report
The global cigarette market witnessed a value of USD 702.87 billion in 2022.
The market is projected to grow at a CAGR of nearly 2.5% in the forecast period of 2023-2028.
The market is estimated to reach a value of about USD 815.11 billion by 2028.
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 key trends guiding the growth of the market includes the innovation of new and different flavours of cigarette to satiate the evolving demands of the consumers.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Light and medium, among others, are the major types of cigarette in the market.
The significant distribution channels of the product are tobacco shops, supermarket and hypermarkets, convenience stores, and online stores, among others.
The major players in the market are Philip Morris International, British American Tobacco, Japan Tobacco Inc, and Imperial Brands PLC, among others.
Analyst Review
The global cigarette market achieved a value of USD 702.87 billion in 2022, driven by the rising disposable incomes and marketing strategies of tobacco companies. Aided by the availability of different flavours of cigarette, the market is expected to witness a healthy growth in the forecast period of 2023-2028 at a CAGR of 2.5% to reach a value of USD 815.11 billion.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global cigarette market can be segmented into light, medium, and others. On the basis of distribution channels, the industry is divided into tobacco shops, supermarket and hypermarkets, convenience stores, online stores, and others. The major regional markets for cigarette are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Philip Morris International, British American Tobacco, Japan Tobacco Inc., Imperial Brands PLC, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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