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The global tobacco industry reached a significant value in 2021. Global tobacco production grew at a CAGR of around 1.8% during the historical period of 2017-2021 and is expected to exhibit a steady growth during 2022-2027, driven by the increasing number of tobacco consumers in emerging countries.
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The Asia Pacific region has been contributing significantly to the growth of the global tobacco industry and is likely to continue doing so in the forecast period as well. The increase in the region can be attributed to the rising demand from the leading regions, like India and China. China has been a top producer of tobacco as tobacco leaves are widely available. On the other hand, India has been adding to the regional growth as the product is getting increasingly convenient through retail channels like hypermarkets and supermarkets.
The rising population of cigarette smokers worldwide has been the primary driver propelling the growth of the global tobacco industry as cigarettes are considered to be the most widely consumed product type in the market. Along with the popularity of cigarettes, the tobacco industry is also likely to witness robust growth in the forecast period. It generates significant tax revenue for governments worldwide, which adds to economic growth.
Tobacco is an American native plant among the world's most extensively used addictive substances. Tobacco refers to any Nicotiana species (especially Nicotiana tabacum) and is widely farmed for their leaves, which are dried and processed for use in pipes, cigarettes, and cigars. It is also chopped into chewing tobacco, ground into snuff or dipping tobacco, and used in other less popular formulations.
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Based on product type, the industry can be divided into:
The regional markets for tobacco can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
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The demand for tobacco has been on the rise despite the awareness about its ill effects on health due to the hectic lifestyles of the consumers, the rising disposable incomes of the consumers, and the rising number of smokers due to peer pressure. The key players have invested heavily to boost their portfolios and attract more consumers. Tobacco products are increasingly being introduced in new packaging, flavours, and styles, aiding the market growth of the product. The availability of e-cigarettes and other products with less tobacco content has also catered to the needs of the consumers, propelling the development of the product in the market further.
The report gives a detailed analysis of the following key players in the global tobacco market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Type, Region
|Breakup by Type||Cigarettes, Roll Your Own, Cigars, Cigarillos, 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|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||China National Tobacco Corporation, Phillip Morris International, BAT British American Tobacco p.l.c., ITC Limited,
Japan Tobacco International, Imperial Brands PLC, PT. Gudang Garam Tbk, KT&G Co., Ltd.
|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.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Tobacco Market Analysis
8.1 Key Industry Highlights
8.2 Global Tobacco Historical Market (2017-2021)
8.3 Global Tobacco Market Forecast (2022-2027)
8.4 Global Tobacco Market by Product Type
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2017-2021)
188.8.131.52 Forecast Trend (2022-2027)
8.4.2 Roll Your Own
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2017-2021)
18.104.22.168 Forecast Trend (2022-2027)
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2017-2021)
188.8.131.52 Forecast Trend (2022-2027)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2017-2021)
18.104.22.168 Forecast Trend (2022-2027)
8.5 Global Tobacco Market by Region
8.5.1 Market Share
22.214.171.124 North America
126.96.36.199 Asia Pacific
188.8.131.52 Latin America
184.108.40.206 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
220.127.116.11 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
18.104.22.168 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Exporting Countries:
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 KT&G Co., Ltd.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.2 Philip Morris International Inc.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.3 BAT British American Tobacco p.l.c.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.4 JT International SA
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.5 Imperial Brands PLC
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
14.2.6 ITC Limited
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
14.2.7 PT. Gudang Garam Tbk
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.3 Plant Machinery
2.4 Cost of Raw Material
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Tobacco Market: Key Industry Highlights, 2017 and 2027
2. Global Tobacco Historical Market: Breakup by Product Type (USD Billion), 2017-2021
3. Global Tobacco Market Forecast: Breakup by Product Type (USD Billion), 2022-2027
4. Global Tobacco Historical Market: Breakup by Region (USD Billion), 2017-2021
5. Global Tobacco Market Forecast: Breakup by Region (USD Billion), 2022-2027
6. North America Tobacco Historical Market: Breakup by Country (USD Billion), 2017-2021
7. North America Tobacco Market Forecast: Breakup by Country (USD Billion), 2022-2027
8. Europe Tobacco Historical Market: Breakup by Country (USD Billion), 2017-2021
9. Europe Tobacco Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Asia Pacific Tobacco Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Asia Pacific Tobacco Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Latin America Tobacco Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Latin America Tobacco Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Middle East and Africa Tobacco Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Middle East and Africa Tobacco Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Major Exporting Countries by Value
17. Major Importing Countries by Value
18. Major Exporting Countries by Volume
19. Major Importing Countries by Volume
20. Global Tobacco Market Structure
The major drivers of the market include the increasing population, elevating income levels of consumers, lenient government regulations, rising investments in the research and development of new products, increased adoption of innovative marketing methods, and the availability of various flavours and different packaging options.
The increasing number of tobacco consumers in emerging nations and the introduction of numerous premium tobacco products are the key industry trends propelling the market growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Cigarettes, roll your own, cigars, and cigarillos, among others are the different product types explored in the market report.
The major players in the industry are China National Tobacco Corporation, Phillip Morris International, BAT British American Tobacco p.l.c., ITC Limited,Japan Tobacco International, Imperial Brands PLC, PT. Gudang Garam Tbk, KT&G Co., Ltd..
The tobacco market is being driven by the increasing number of tobacco consumers globally. Aided by the elevating income levels and the introduction of numerous premium tobacco products, the market is expected to witness a steady growth in the forecast period of 2022-2027.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product type, the market can be segmented into cigarettes, roll your own, cigars, and cigarillos, among others. The major regional markets for tobacco are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are China National Tobacco Corporation, Phillip Morris International, BAT British American Tobacco p.l.c., ITC Limited,Japan Tobacco International, Imperial Brands PLC, PT. Gudang Garam Tbk, KT&G Co., Ltd., 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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