Title: Global Cigarette Market Share, Size, Trends, Growth And Research Report, 2018-2023
1 Global Cigarette Market Propelled by Demand
from Developing Regions
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Report Description
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3Report Description and Highlights
Report Description
Global Cigarette Market Propelled by Demand from
Developing Regions The global cigarette market
has witnessed a shift in the consumption patterns
and is currently growing at a steady rate. In the
present scenario, the market is primarily being
driven by a rise in the cigarette sales from the
emerging nations. Cigarette refers to a roll of
thin-white paper, comprising of finely chopped
tobacco, wherein one end is ignited with lighter
and the other end permits inhaling of smoke. It
represents one of the most popular product types
of tobacco and reserve itself a majority of the
share. Currently, cigarette is available in a
wide variety of shapes, sizes, colours, flavours
and intensity, as per the consumers preferences.
A new research report by IMARC Group,
titled Cigarette Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2018-2023, estimates that the global cigarette
market was worth US 853 Billion in 2017.The
report further anticipates the market to reach
approximately US 1067 Billion by 2023, at a
projected CAGR of nearly 4 over the forecast
period.
4Report Description and Highlights
Report Description
- Market Drivers/Constraints
- The number of smokers has been soaring in the
developing regions, such as China and India,
which accounts for the highest population rate.
Both male and female smokers statistics have
witnessed a boost, thereby influencing the global
demand for cigarettes. - Growing population as well as rising disposable
incomes of the consumers have positively impacted
the demand for cigarettes. This has helped
cigarette manufacturers to hike their prices and
introduce premium product line to their
consumers. - In addition, the cigarette manufactures have
started manufacturing products that are targeted
towards the female consumers. For instance,
light, long as well as skinny cigarettes are
produced exclusively for feminine share of
consumers. - However, there are several factors that hamper
the market growth. Increasing health awareness
about the negative impacts of cigarette has led
to a rise in substitutes of cigarettes like
e-cigarettes which have zero health hazards.
Moreover, anti-tobacco movements by government
across various regions have created an obstacle
in the demand for cigarettes. -
- Read more here https//www.imarcgroup.com/cigaret
te-manufacturing-plant
5Report Description and Highlights
Report Description
Regional Insights On a geographical
front, Asia Pacific currently represents the
largest cigarette market, accounting for the
majority of the total global share. Other major
regions include North America, Western Europe,
Eastern Europe, Middle East and Africa, and Latin
America. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
633flagB
6Report Description and Highlights
Report Description
- Competitive Landscape
- The market is highly concentrated with the
presence of numerous large manufacturers who
compete in terms of prices and quality. There is
an intense competition in the market which makes
it difficult for small players to enter. Some of
the leading players operating in the market are - China National Tobacco Corporation
- Imperial Tobacco Group
- Phillip Morris International
- British America Tobacco
- Japan Tobacco International
-
- Browse more related reports
- Cigarette Lighter Market https//www.imarcgroup.
com/cigarette-lighter-manufacturing-plant - Gas Meter Market https//www.imarcgroup.com/gas-
meter-market
7Report Description and Highlights
Report Description
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