Flavour Capsule Cigarette - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Flavour Capsule Cigarette - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

The global market for Flavour Capsule Cigarette was estimated to be worth US$ 55,438.0 million in 2023 and is forecast to a readjusted size of US$ 59,295.0 million by 2030 with a CAGR of 0.93% during the forecast period 2024-2030.

North American market for Flavour Capsule Cigarette was valued at $ 11,038.7 million in 2023 and will reach $ 11,747.2 million by 2030, at a CAGR of 0.85% during the forecast period of 2024 through 2030.

Asia-Pacific market for Flavour Capsule Cigarette was valued at $ 25,524.1 million in 2023 and will reach $ 27,132.6 million by 2030, at a CAGR of 0.86% during the forecast period of 2024 through 2030.

Europe market for Flavour Capsule Cigarette was valued at $ 14,694.4 million in 2023 and will reach $ 15,918.1 million by 2030, at a CAGR of 1.09% during the forecast period of 2024 through 2030.

The global key companies of Flavour Capsule Cigarette include China National Tobacco, British American Tobacco, Philip Morris International, Imperial Brands, KT&G, Japan Tobacco International, and etc. In 2023, the global five largest players hold a share approximately 83.39% in terms of revenue.

Tobacco use continues to threaten public health as a leading cause of preventable morbidity and mortality worldwide. In an effort to address the global burden of tobacco use, following the adoption of the World Health Organization (WHO) Framework Convention on Tobacco Control (FCTC), the first international health treaty, the WHO established six MPOWER measures to help countries implement effective interventions proven to reduce tobacco demand. These measures include: Monitor tobacco use and prevention policies; Protect people from tobacco smoke; Offer help to quit tobacco use; Warn about the dangers of tobacco and anti-tobacco mass media campaigns; Enforce bans on tobacco advertising, promotion and sponsorship; and Raise taxes on tobacco.

With countries making progress towards implementing these tobacco control measures, the tobacco industry has responded in new ways to promote their products. Innovation has emerged as a key marketing strategy of transnational tobacco companies. Historically, the tobacco industry has added flavourings, including the most common flavour menthol, to tobacco products. Evidence suggests that flavours encourage smoking initiation and progression to regular use, particularly through their role in increasing palatability and appeal of tobacco. Moreover, menthol’s cooling and anesthetic properties can reduce the harshness of tobacco smoke on the throat, thereby facilitating inhalation. Tobacco industry marketing of MNCCs to various targeted populations, such as adolescents, females, and racial/ethnic and sexual minority groups, is well documented. More recently, since 2007, flavour capsule cigarettes (FCCs), which contain one or more capsules in the filter that release flavouring when crushed by the consumer, have entered the market. Advertised by the tobacco industry as being technologically advanced, offering consumer choice/ customization and a unique sensory experience, FCCs have gained popularity globally. In some countries FCCs only come in menthol flavour, while in others a plethora of flavours are available on the market. While there is overlap in these product groups, global market trends may differ between MNCCs and FCCs.

This report aims to provide a comprehensive presentation of the global market for Flavour Capsule Cigarette, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Flavour Capsule Cigarette by region & country, by Type, and by Application.

The Flavour Capsule Cigarette market size, estimations, and forecasts are provided in terms of sales volume (M Packs) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Flavour Capsule Cigarette.

Market Segmentation

By Company

China National Tobacco

British American Tobacco

Philip Morris International

Imperial Brands

KT&G

Japan Tobacco International

Segment by Type

Flue-cured Cigarettes

Blended Cigarettes

Other

Segment by Application

Male

Female

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

Latin America, Middle East & Africa

Mexico

Middle East & Africa

Others

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Flavour Capsule Cigarette manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Flavour Capsule Cigarette in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Flavour Capsule Cigarette in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.