Europe Cigarette Market to Witness the Highest Demand Among Consumers Aged Between 15 and 24 Years, Market to Exhibit 5.76% CAGR

1
Europe Cigarette Market Size, Share and Trend By
Gender (Male and Female), By Age Group (15-24,
25-44, 45-64, and 65 above), By Pricing
(Premium, Economy, and Mid/Ultra Low), By Size
(King, Regular, and Slim), and Geography Forecast
till 2026
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Published Date April 2019 Report Format PDF
Region Global Base Year 2018
2
Europe Cigarette Market Size, Share and Trend By
Gender (Male and Female), By Age Group (15-24,
25-44, 45-64, and 65 above), By Pricing
(Premium, Economy, and Mid/Ultra Low), By Size
(King, Regular, and Slim), and Geography Forecast
till 2026
Report Highlights As per the World Health
Organization (WHO), Europe witnesses the highest
prevalence of tobacco use, which is 29 of the
worldwide tobacco consumption. The demand for
cigarettes is increasing in different age groups,
which is the major factor driving the Europe
cigarette market. The cigarette consumption trend
is rising among adult and young population, even
after the implementation of government
initiatives to combat tobacco consumption.
This, coupled with the rise in cigarette prices
and change in taxes on cigarettes, is siding the
Europe cigarette market growth. Analysts in the
report found that the market was valued at US
218.61 Bn in 2018 and is anticipated to reach US
363.30 Bn by 2026. Furthermore, it was found that
the market for cigarettes in Europe is expected
to rise at a CAGR of 5.76 during the forecast
period.
3
Europe Cigarette Market Size, Share and Trend By
Gender (Male and Female), By Age Group (15-24,
25-44, 45-64, and 65 above), By Pricing
(Premium, Economy, and Mid/Ultra Low), By Size
(King, Regular, and Slim), and Geography Forecast
till 2026
Philip Morris International Completes the 100
Acquisition of Costa Rican Affiliates As per the
report, Europe cigarette market highlights some
of the major market shareholders significantly
driving the market. These companies are mentioned
below Manufactures continue to focus on new
product launches and acquisitions to increase
their customer base and broaden product
portfolio. These manufacturers produce new
cigarettes as per age group and gender
preferences. Some of the recent development made
by companies are mentioned below Philip Morris
International launched two heated tobacco
products called IQOS 3 and IQOS 3 Multi. These
products were officially launched in Switzerland,
Russia, UK, and Columbia in November 2018. These
products just heat the tobacco instead of burning
it and is one of the best alternatives for
cigarette smoking. Philip Morris International
announced the acquisition of the remaining 49
interest in Mendiol S.A. and Tabacalera
Costarricense. With this acquisition of US 95
million, the company now owns 100 of these Costa
Rican affiliates. Browse Complete Report
Details https//www.fortunebusinessinsights.com/i
ndustry-reports/europe-cigarette-market-101375
4
Europe Cigarette Market Size, Share and Trend By
Gender (Male and Female), By Age Group (15-24,
25-44, 45-64, and 65 above), By Pricing
(Premium, Economy, and Mid/Ultra Low), By Size
(King, Regular, and Slim), and Geography Forecast
till 2026
Fortune Business Insights in a new study, titled
CIGARETTE EUROPE MARKET ANALYSIS, INSIGHTS AND
FORECAST, 2019-2026 entails some of the Europe
cigarette market trends and provides an in-depth
analysis in the forecast period. The report
offers a detailed evaluation of the drivers
enabling growth in the market. The report gives a
detailed analysis of the market size of different
segments. In addition to the segment information,
the reader can gain information on drivers,
opportunities, restraints, and trends in the
Europe cigarette market. The report gives
information on the competitive landscape by
offering insights into some of the recent
industry developments and over the forecast
period. Top Players Mentioned Some of the other
companies operating in the global Europe
Cigarette Market are Philip Morris Products
S.A. Japan Tobacco International AG British
American Tobacco p.l.c. Imperial Brands PLC Get
Customization https//www.fortunebusinessinsights
.com/enquiry/customization/europe-cigarette-market
-101375
5
Europe Cigarette Market Size, Share and Trend By
Gender (Male and Female), By Age Group (15-24,
25-44, 45-64, and 65 above), By Pricing
(Premium, Economy, and Mid/Ultra Low), By Size
(King, Regular, and Slim), and Geography Forecast
till 2026
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