With social mobility returning to pre-COVID-19 levels post-pandemic, cigarettes have experienced the fastest volume growth in a decade, mainly fuelled by increased consumption occasions. The working population, including 316 million Millennials and a large part of the 365 million Generation Z members, has contributed significantly to this surge in consumerism, as consumers returned to out-of-home lifestyles in 2022. Furthermore, a C-Level LinkedIn survey indicated that 71% of C-level executives...
Euromonitor International's Tobacco in India report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2018-2022, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be the new legislative, distribution or pricing issues. Forecasts to 2027 illustrate how the market is set to change.
Product coverage: Cigarettes, Cigarettes (Illicit+Legal), Cigars, Cigarillos and Smoking Tobacco, Smokeless Tobacco, E-Vapour Products and Heated Tobacco.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Tobacco market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Tobacco in India
Euromonitor International
August 2023
List Of Contents And Tables
TOBACCO IN INDIA
EXECUTIVE SUMMARY
Tobacco in 2022: The big picture
Tax stability aids the growth of tobacco, but illicit trade remains a big challenge for the industry
Foreign direct investment remains banned and domestic manufacturers continue to dominate
Retailing developments
What next for tobacco?
OPERATING ENVIRONMENT
Legislation
Legislative overview
Summary 1 Legislation Summary at a Glance
Minimum legal smoking age
Smoking prevalence
Health warnings
Plain packaging
Advertising and sponsorship
Point-of-sale display bans
Smoking in public places
Flavoured tobacco product ban
Vapour products
PRODUCTION/IMPORTS/EXPORTS
MARKET INDICATORS
Table 1 Number of Adult Smokers by Gender 2017-2022
MARKET DATA
Table 2 Sales of Tobacco by Category: Volume 2017-2022
Table 3 Sales of Tobacco by Category: Value 2017-2022
Table 4 Sales of Tobacco by Category: % Volume Growth 2017-2022
Table 5 Sales of Tobacco by Category: % Value Growth 2017-2022
Table 6 Forecast Sales of Tobacco by Category: Volume 2022-2027
Table 7 Forecast Sales of Tobacco by Category: Value 2022-2027
Table 8 Forecast Sales of Tobacco by Category: % Volume Growth 2022-2027
Table 9 Forecast Sales of Tobacco by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 2 Research Sources
CIGARETTES IN INDIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Pent-up demand and tax stability aid growth of cigarettes
ITC Ltd maintains the lion’s share of sales, with Godfrey Philips and VST Industries completing the oligopoly
VST Industries Ltd has carved a niche for itself on the back of affordability and localisation of flavours
PROSPECTS AND OPPORTUNITIES
Cigarettes is expected to decline on the back of taxation, regulation, and inflation