Over the last two observations, the revenue is forecast to significantly increase in all segments. Especially notable is the remarkably robust growth observed in the Cigarettes segment as we approach the end of the forecast period. This value, reaching 22.1 billion U.S. dollars, stands out significantly compared to the average changes, which are estimated at 6.775 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The market for Tobacco Products is constituted here by (filtered) Cigarettes, Smoking Tobacco (fine-cut tobacco, pipe tobacco), Cigars and cigarillos, and E-Cigarettes. Snuff, chewing tobacco and heat-not-burn products are not included at the moment nor are untaxed tobacco products. The five most important producers worldwide are the China National Tobacco Corporation, Philip Morris International (PMI), British American Tobacco (BAT), Japan Tobacco International (JTI) and Imperial Tobacco.
Structure:
The market is divided into the following segments:
Cigarettes
Smoking Tobacco
Cigars
E-cigarettes
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, and sales channels. To give a better representation of per capita figures, the population considered is 15 years and above.
To enable a better comparison between Cigarettes and Cigars and Smoking tobacco in terms of volume, per capita consumption and price per unit, the latter's volume is denoted in pieces, where one piece is equivalent to one gram of loose tobacco.
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Statista. (June 13, 2024). Revenue of the tobacco products market worldwide from 2018 to 2029, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1229485/global-revenue-tobacco-products-by-segment
Statista. "Revenue of the tobacco products market worldwide from 2018 to 2029, by segment (in billion U.S. dollars)." Chart. June 13, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1229485/global-revenue-tobacco-products-by-segment
Statista. (2024). Revenue of the tobacco products market worldwide from 2018 to 2029, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1229485/global-revenue-tobacco-products-by-segment
Statista. "Revenue of The Tobacco Products Market Worldwide from 2018 to 2029, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Jun 2024, https://www.statista.com/forecasts/1229485/global-revenue-tobacco-products-by-segment
Statista, Revenue of the tobacco products market worldwide from 2018 to 2029, by segment (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1229485/global-revenue-tobacco-products-by-segment (last visited November 21, 2024)
Revenue of the tobacco products market worldwide from 2018 to 2029, by segment (in billion U.S. dollars) [Graph], Statista, June 13, 2024. [Online]. Available: https://www.statista.com/forecasts/1229485/global-revenue-tobacco-products-by-segment