Global Clove Cigarettes Market - 2022-2029

Global Clove Cigarettes Market - 2022-2029

Market Overview

The global clove cigarettes market was valued at USD XX million in 2021. It is forecasted to reach USD XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

Clove cigarettes, commonly known as Kreteks, are cigarettes made with tobacco, cloves, and additional substances—the intensity of the spice flavor varies from brand to brand. Compared to conventional plain tobacco cigarettes, these smokes are reported to contain more carbon monoxide, nicotine, and tar. The rising popularity of clove cigarettes, particularly among Indonesia's youth, is likely to provide profitable prospects for market players. Furthermore, the market is growing due to an increase in demand for machine-made cigarettes and an increase in the number of new product launches.

Market Dynamics:

Clove cigarettes have a low nicotine content and deliver less nicotine to smokers, which is encouraging market growth

Clove cigarettes are popular among the younger population, newbies, and women smokers due to their mild flavor. Furthermore, this cigarette has less nicotine and provides smokers with less control. This characteristic has attracted casual smokers, resulting in market expansion. Clove cigarettes typically contain 60 to 80 percent tobacco, 20 to 40 percent crushed clove buds, and 20 to 40 percent clove oil. One of the primary elements fueling the expansion of the clove cigarettes industry is its great appeal among occasional smokers worldwide. Furthermore, the clove cigarettes market benefits from increased e-commerce sales channels, increased prevalence of health-related problems, smart strategic marketing activities by manufacturers, increased disposable income, and increased consumer preference for lighter cigarettes.

The negative health effects of clove cigarettes are limiting the market. According to the American Cancer Society, clove cigarettes have the same health concerns as regular cigarettes, including an increased risk of cancer and heart disease. Kreteks have also been linked to an increased risk of acute lung injury, including inflammation, pulmonary fluid, and low oxygen levels. Clove cigarettes, like regular cigarettes, can cause lung cancer and nicotine addiction.

Market Segmentation:

Machine rolled full flavored segment accounted for the highest share in global clove cigarettes market

The three types available are machine-rolled full-flavored, hand-rolled, and machine-rolled low-tar nicotine clove cigarettes. In the base year 2021, machine-rolled full-flavored accounted for XX percent of the market. In 2021, due to increased demand for machine-rolled full-flavored clove cigarettes, the machine-rolled clove cigarettes segment was predicted to account for the majority of revenue share during the next ten years. This is because this product type has reduced tar and nicotine levels.

The female end-user sector is predicted to grow at a CAGR of XX percent throughout the forecast period, owing to increasing number of female smokers in North America, Europe, and Central and South America. The existence of a blend of distinct flavors reduces the harshness of the products, which is why most ladies choose clove cigarettes.

Geographical Penetration:

Asia-Pacific is the dominating region during the forecast period

Due to the widespread production of locally produced clove cigarettes in Asia Pacific countries, the region is predicted to account for most revenue share over the forecast period. Indonesia, Malaysia, and Singapore contribute significantly to the region's revenue. Clove cigarettes are produced in greater quantities in Indonesia than in the rest of the area, owing to their association with local culture. Products are easy to find and less expensive. Consumers in these countries are shifting their preferences toward higher-quality products as their per-capita wealth rises. Furthermore, the advent of cigarettes flavored with natural herbs is expected to boost market growth significantly.

Competitive Landscape:

The key market players include Philip Morris International Inc., Gudang Garam, Nojorono Tobacco Indonesia, Japan Tobacco, British American Tobacco, and Wismilak Group among others. Mergers and acquisitions and investments in research and development help large market participants achieve a competitive advantage. Sampoerna, a Philip Morris International Management subsidiary, launched Platinum A in September 2017. Cherry, vanilla, strawberry, pineapple, grape, orange, menthol, cocoa, and licorice are usual tastes, coupled with cloves and tobacco to add originality to the product.

COVID-19 Impact:

Negative impact on the global clove cigarettes market

The demand for clove cigarettes has declined marginally during the COVID-19 pandemic. Smoking any type of tobacco diminishes lung capacity, raises the risk of many respiratory infections, and makes respiratory disorders more severe. COVID-19 is an infectious illness that affects the lungs primarily. Smoking reduces lung function, making it more difficult for the body to fight against coronaviruses and other respiratory infections. According to available evidence, smokers have a higher chance of severe COVID-19 death. As a result, global demand for clove cigarettes has declined globally. Due to many store closures, economic turbulence, and rising unemployment rates worldwide, the COVID-19 pandemic affected the market, leading to a decline in consumer purchasing power and a shift in consumer preferences away from products due to health issues like clove cigarettes.

Why Purchase the Report?

Understand the current market scenario and viability of global clove cigarettes market over the forecast period

Visualize the composition of the global clove cigarettes market in terms of type, end-user and region to identify major players, growth potential, and market strategies

Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period

Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

Excel data sheet with valuable data points of the global clove cigarettes market – Regional and Country level segmentation

Product mapping in excel for the key products of all major market players

Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

The global clove cigarettes market report would provide an access to approximately 53 market data tables, 41 figures and 180 pages.

Target Audience:

Tobacco Manufacturers

Foodservice Industry

Import and Export Companies

Industry Investors

Education & Research Institutes

Research Professionals