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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Germany to Augment a Substantial Market Share of Cigarettes in Europe
The cigarette market in Germany is expected to witness robust growth across Europe during the forecast period. The growth is on account of the increasing consumption of tobacco or tobacco products in the country like cigarettes for pleasure, stress relief, or in social situations.
The easy availability of cigarettes in various sizes, shapes, flavours, and colours is attracting more consumers, especially the new generation, is expected to influence the market demand for cigarettes positively. Rapid modernisation and growing urbanisation in the country along with the ongoing trend of dining out and night lounges, are likely to fuel the Europe cigarette market demand over the coming years.
Europe Cigarette Market Report Snapshots
Europe Cigarette Market Growth
*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
In 2023, the market attained a value of nearly USD 127.45 billion.
The market is assessed to grow at a CAGR of 2.8% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032, reaching almost USD 163.37 billion by 2032.
The major market drivers are increasing the growing urban population, increasing production of tobacco, and changing tastes and preferences among the younger population.
The key market trends guiding the growth of the market include rapid modernisation and the ongoing trend of dine-outs and nightlife.
The major regions in the market are Germany, France, the United Kingdom, and Italy, among others.
The various product types that are available in the market include light, mild, and others.
The major distribution channels in the market include tobacco shops, supermarkets and hypermarkets, convenience stores, online stores, and others.
The various age groups in the market include 15-24 years, 25-44 years, 45-64 years, and 65 years and above.
The major players in the market are Philip Morris International Inc., JT International SA, British American Tobacco p.l.c, Imperial Brands PLC, Bulgartabac-Holding AD, and Continental Tobacco Corporation, among others.
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