Global Cigarette Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Cigarette Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Flavor (Flavored, and Non-Flavored), Format (Slim, Super Slim, King Size, and Regular), Distribution Channel (Offline Retail Stores, and Online Retail Stores), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Cigarette Market was valued at USD 867,305.9 million in 2023 and is expected to reach USD 1,392,821.1 million by 2031 while growing at a CAGR of 6.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global cigarette market growth. A cigarette, a narrow cylinder of finely cut tobacco leaves rolled in thin paper, is ignited at one end, allowing smoke to be inhaled from the other end. Smoking cigarettes is one of the most prevalent forms of tobacco consumption.
Stress relief, relaxation, and habitual and psychological factors, including routine and behavioural patterns associated with smoking, fuel the cigarette market's growth. However, challenges such as health concerns, increased awareness, and the rise of anti-smoking campaigns may impede market expansion.
Furthermore, the global cigarette industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Flavor Analysis
The Global Cigarette Market is segmented among Flavored, and Non-Flavored, based on Flavor. In 2023, Non-Flavored accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Format Analysis
The Global Cigarette Market is segmented among Slim, Super Slim, King Size, and Regular, based on Format In 2023, Regular accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Cigarette Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are British American Tobacco PLC, Imperial Brands PLC, ITC Limited, Altria Group Inc., China National Tobacco Corporation, Japan Tobacco International SA, Philip Morris Products SA, 22nd Century Group, Korea Tobacco & Ginseng Cooperation, and Eastern Company SAE.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Cigarette Market Dynamics
Drivers
Restraints
Opportunity
4. Global Cigarette Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Cigarette Market Segmentation, By Flavor
Global Cigarette Market Share Analysis, By Flavor
Global Cigarette Market Growth Analysis, By Flavor
Global Cigarette Market Trends, By Flavor
o Flavored
o Non-Flavored
6. Global Cigarette Market Segmentation, By Format
Global Cigarette Market Share Analysis, By Format
Global Cigarette Market Growth Analysis, By Format
Global Cigarette Market Trends, By Format
o Slim
o Super Slim
o King Size
o Regular
7. Global Cigarette Market Segmentation, By Distribution Channel
Global Cigarette Market Share Analysis, By Distribution Channel
Global Cigarette Market Growth Analysis, By Distribution Channel
Global Cigarette Market Trends, By Distribution Channel
o Offline Retail Stores
o Online Retail Stores
8. Global Cigarette Market Segmentation, By Region
Global Cigarette Market Share Analysis, By Region
Global Cigarette Market Growth Analysis, By Region
Global Cigarette Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
British American Tobacco PLC.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Imperial Brands PLC
ITC Limited
Altria Group Inc.
China National Tobacco Corporation
Japan Tobacco International SA
Philip Morris Products SA
22nd Century Group
Korea Tobacco & Ginseng Cooperation
Eastern Company SAE
*Similar analysis will be provided for each company listed above.