Cigarettes Market 2024-2028
The cigarettes market is forecasted to grow by USD 128.9 bn during 2023-2028, accelerating at a CAGR of 3.3% during the forecast period. The report on the cigarettes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of new cigarettes launches, growth in organized retailing, and increasing number of smokers in apac.
Technavio's cigarettes market is segmented as below:
- By Type
- Flavored
- Non-Flavored
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increasing demand for e-cigarettes as one of the prime reasons driving the cigarettes market growth during the next few years. Also, shifting consumer preferences toward flavored cigarettes and increasing influence of online retailing will lead to sizable demand in the market.
The report on the cigarettes market covers the following areas:
- Cigarettes Market sizing
- Cigarettes Market forecast
- Cigarettes Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cigarettes market vendors that include Altria Group Inc., British American Tobacco Plc, China Tobacco International HK Co. Ltd., Eastern Co. SAE, Gold Leaf Tobacco Corp., Golden Tobacco Ltd., Gudang Garam Tbk, Imperial Brands Plc, ITC Ltd., Japan Tobacco Inc., KT and G Corp., Modi Enterprises, Philip Morris International Inc., Poschl Tabak GmbH and Co KG, PT Djarum, Pyxus International Inc., Scandinavian Tobacco Group AS, Vietnam National Tobacco Corp., and VST Industries Ltd. Also, the cigarettes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.