China Cigarettes - Market Assessment and Forecasts to 2028

China Cigarettes - Market Assessment and Forecasts to 2028

Summary

The Chinese cigarettes category is expected to decrease from CNY2,438.5 billion ($344.2 billion) in 2023 to CNY2,381.3 billion ($336.1 billion) by 2028, declining at a CAGR of 0.5%. Per capita expenditure of cigarettes stood at $244.2 in 2023 in China, which was higher than the global level ($110) and the regional level ($113.7). Smoking prevalence in China was 23.2% in 2023 with 44.6% of men and 1.2% of women classified as smokers. Yunyan by China National Tobacco Corp (CNTC) was the most preferred cigarette brand by Chinese in 2023. Belize was the leading exporter of cigarettes from China.

Scope

• Per capita expenditure of cigarettes was higher in China than both the global and regional levels in 2023
• Belize was the leading exporter of cigarettes to China
• Hong Kong (China SAR) was the largest importer of cigarettes from China
• Convenience stores was the leading distribution channel in the cigarettes category in China
• China National Tobacco Corp (CNTC) was the leading company in the cigarettes category

• Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market. Identify the areas of growth and opportunities, which will aid effective marketing planning. The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes - prime intelligence for marketers. Understand the market dynamics and essential data to benchmark your position and identify where to compete.