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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Cigarette Market Analysis by Region
Based on cigarette market analysis, various factors influence the demand for cigarettes in the Asia Pacific region, reflecting a complex interaction of cultural, economic, and regulatory dynamics. This region has one of the highest smoking rates globally, largely due to entrenched social norms and historical tobacco use, particularly in Asian cultures, which strongly support the continued demand for cigarettes.
Tobacco is among the most economically significant crops globally, known for its resilience to drought and ability to grow in less favourable soils. In India, tobacco is cultivated on 0.27% of the total cultivated area, yielding approximately 750 million kilograms of tobacco leaf annually, thereby bolstering the cigarette market size in India.
In many parts of the Asia Pacific region, smoking remains socially acceptable, particularly among men, which contributes to the high demand for cigarettes. Japan Tobacco Inc. reportedly spent $51 million in 522 communities across 65 countries in 2022, as part of its global outreach efforts.
In Europe, the large and growing population of potential and current smokers drives the increasing demand for cigarettes. The influx of young adults into the smoking population further adds to this demand. Tobacco cultivation is practised in 12 European Union countries, with major producers including Italy, Spain, Poland, Greece, Croatia, France, Hungary, and Bulgaria, collectively accounting for 99% of the EU's tobacco production.
Cigarette Market Report Snapshots
Cigarette Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 702.87 billion in 2023.
The market is projected to grow at a CAGR of 2.5% between 2024 and 2032.
The revenue generated from the Cigarette market is expected to reach USD 815.11 billion in 2032.
The major drivers of the market include rising disposable incomes, increasing population, marketing strategies of tobacco companies, availability of different flavours of cigarette, among other social and cultural factors.
The rise of reduced-harm products, sustainability, and environmental concerns, premiumisation of cigarette brands, and technological advancements in production are the major trends enhancing the cigarette industry growth rate.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market is categorised according to the type, which includes light, medium and others.
The market is categorised according to the distribution channel, which includes tobacco shops, supermarkets and hypermarkets, convenience stores, online stores, and others.
The market key players are Philip Morris International, British American Tobacco, Japan Tobacco Inc., and Imperial Brands PLC among others.
The Asia-Pacific region is the fastest-growing region in the global cigarette market, driven by largely due to entrenched social norms and historical tobacco use.
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