Menthol Cigarette Market Growth, Demand and Challenges of the Key Industry Players 2028 - PowerPoint PPT Presentation

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Menthol Cigarette Market Growth, Demand and Challenges of the Key Industry Players 2028

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According to the latest research report by IMARC Group, The global menthol cigarette market size reached US$ 92.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 108.7 Billion by 2028, exhibiting a growth rate (CAGR) of 2.7% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Menthol Cigarette Market Growth, Demand and Challenges of the Key Industry Players 2028


1
Global Menthol Cigarette Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2
About IMARC Group
Report Description
The International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all sectors
and regions to identify their highest-value
opportunities, address their most critical
challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Menthol Cigarette Market Research
Report The latest report by IMARC, titled
Menthol Cigarette Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 " the global menthol
cigarette market reached a value of US 92.1
Billion in 2022. Menthol is a naturally
occurring substance that is extracted from
plants, such as peppermint, spearmint or corn
mint. It can also be produced synthetically and
is widely used as a flavoring agent in numerous
products, such as candies, syrups and chocolates.
It is also used in cigarettes for triggering the
cold-sensitive nerves present in the skin.
Characterized by a refreshing flavor and
anesthetic effect, it is primarily added to the
tobacco to yield a cooling sensation in the mouth
and throat of the users. The use of menthol
cigarettes decreases the cough reflexes of the
users while offering a soothing effect to the dry
throat feeling. These cigarettes reduce the
overall harshness of the smoke, owing to which
they are gaining widespread preference,
especially among the young and new
smokers. Request Free Sample Report
https//www.imarcgroup.com/menthol-cigarette-marke
t/requestsample
4
Report Description and Highlights
Report Description

Global Menthol Cigarette Market Trends The
global market is primarily driven by a
significant increase in the number of smokers
across the globe. Rapid urbanization, long
working hours and hectic schedules of the
majority of the working professionals have led
them to consume cigarettes more frequently to
combat stress issues. In line with this, there
has been a considerable increase in the number of
female and young smokers, which is also
contributing to the market growth. Moreover,
owing to aggressive promotional campaigns by
numerous manufacturers, there is a common
misconception among the masses that menthol
cigarettes are healthier alternatives to the
commonly consumed cigarettes, which is propelling
their demand. However, the consumption of these
cigarettes poses similar health risks, often
leading to a higher level of nicotine addiction.
The advent of single and double capsule
variants is further acting as a major
growth-inducing factor. These cigarettes contain
capsule(s) around the top of the filter that is
required to be crushed, when needed, for
releasing the additional menthol flavor. This
allows the users to adjust the flavor of the
cigarette as per their choice and preference,
thereby contributing to their widespread
popularity. Some of the other factors
contributing to the market growth include the
advent of low-tar cigarettes and the popularity
of ultra-slim variants among female users. On
account of the aforementioned factors, the market
is anticipated to register a CAGR of 2.7 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
5
Report Description and Highlights
Report Description
Market Summary Breakup by Capsule Type
Single Capsule Menthol Cigarette
Double Capsule Menthol Cigarette
Breakup by End-User Male
Female Breakup by Size King Size
100s Others Breakup by Distributio
n Channel Supermarkets Hyperm
arkets Online Retailers Others

6
Report Description and Highlights
Report Description
Breakup by Region North America
United States Canada
Asia Pacific China
Japan India
South Korea Austral
ia Indonesia O
thers Europe Germany
France United K
ingdom Italy S
pain Russia Ot
hers

7
Report Description and Highlights
Report Description
Latin America Brazil
Mexico Others
Middle East and Africa


8
Report Description and Highlights
Report Description
  • Competitive Landscape with Key Players
  • Alfred Dunhill Ltd Altria Group British American T
    obacco p.l.c. China National Tobacco Corporation C
    ommonwealth Brands. Inc. Essentra plc Imperial Bra
    nds PLC Japan Tobacco Inc. KTG Corporation Ligget
    t Vector Brands LLC Reynolds American Inc Philip M
    orris International Inc.
  • View Full Report with TOC List of Figure
    https//www.imarcgroup.com/menthol-cigarette-marke
    t

9
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
11
Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
12

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