Global Cigarettes Market Growth 2023-2029

Global Cigarettes Market Growth 2023-2029

A cigarette is a small cylinder of finely cut tobacco leaves rolled in thin paper for smoking. The cigarette is ignited at one end and allowed to smoulder; its smoke is inhaled from the other end, which is held in or to the mouth; in some cases, a cigarette holder may be used, as well. Most modern manufactured cigarettes are filtered and also include reconstituted tobacco and other additives.

The term cigarette, as commonly used, refers to a tobacco cigarette, but can apply to similar devices containing other substances, such as cloves or cannabis. A cigarette is distinguished from a cigar by its smaller size, use of processed leaf, and paper wrapping, which is normally white, though other colors and flavors are also available. Cigars are typically composed entirely of whole-leaf tobacco.

LPI (LP Information)' newest research report, the “Cigarettes Industry Forecast” looks at past sales and reviews total world Cigarettes sales in 2022, providing a comprehensive analysis by region and market sector of projected Cigarettes sales for 2023 through 2029. With Cigarettes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cigarettes industry.

This Insight Report provides a comprehensive analysis of the global Cigarettes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cigarettes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cigarettes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cigarettes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cigarettes.

The global Cigarettes market size is projected to grow from US$ 102340 million in 2022 to US$ 120710 million in 2029; it is expected to grow at a CAGR of 120710 from 2023 to 2029.

Over the last decade, the international cigarette market has been dominated by five companies, China National Tobacco Corporation, Philip Morris International, British American Tobacco, Japan Tobacco International and Imperial Tobacco. For now, China National Tobacco Corporation (CNTC) is the world’s single largest producer of cigarettes with 42% of the global market. The five largest cigarette consuming nations―China, Russia, U.S., Japan and Indonesia―account for 62% of the volume of all cigarettes sold. Six of the ten largest cigarette markets were emerging markets, three of which are Asian Pacific countries.

This report presents a comprehensive overview, market shares, and growth opportunities of Cigarettes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Low Tar
High Tar

Segmentation by application
Male Smokers
Female Smokers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CHINA TOBACCO
Altria Group
British American Tobacco
Japan Tabacco
Imperial Tobacco Group
KT&G
Universal
Alliance One International
R.J. Reynolds
PT Gudang Garam Tbk
Donskoy Tabak
Taiwan Tobacco & Liquor
Thailand Tobacco Monopoly

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cigarettes market?

What factors are driving Cigarettes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cigarettes market opportunities vary by end market size?

How does Cigarettes break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.