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Cigarettes - Cameroon

Cameroon
  • The Cigarettes market in Cameroon is projected to generate a revenue of US$177.6m in 2024.
  • It is expected to experience an annual growth rate of -0.52% (CAGR 2024-2029).
  • When compared to other countries worldwide, China leads the market with a revenue of US$283bn in 2024.
  • In terms of per capita figures, each person in Cameroon is estimated to generate revenues of US$8.35 in 2024.
  • Looking ahead, the volume in the Cigarettes market is forecasted to reach 2.2bn pieces by 2029.
  • Additionally, a volume growth rate of 0.3% is expected in 2025.0.
  • On an individual basis, the average volume per person in the Cigarettes market is projected to be 119.2pieces in 2024.
  • Cameroon's cigarette market is witnessing a shift towards premium brands, driven by increasing disposable income and changing consumer preferences.

Definition:

The Cigarettes segment includes finished (filtered) Cigarettes that along with tobacco can contain additional flavourings or substitutes (e.g. coarsely ground cloves). Tobacco for rolling cigarettes is considered separately and is not included in this segment. 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.

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. The price per unit denotes the cost of a single cigarette.

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In-Scope

  • (Filtered) Cigarettes such as Marlboro Reds, Marlboro Golds, Camel Blues, etc

Out-Of-Scope

  • Untaxed Cigarettes such as illicit cigarettes
  • Smoking Tobacco (RYO, pipe tobacco) such as Marlboro Gold Fine Cut Hand Rolling Tobacco, Gold Leaf Hand Rolling Tobacco, etc
  • Cigars and cigarillos such as Davidoff Nicaragua Diadema, Rock Patel Sixty Sixty, etc
Cigarettes: market data & analysis - Cover

Market Insights report

Cigarettes: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Price

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Analyst Opinion

    Cigarettes represent more than 90% of the value in the traditional Tobacco Products market. The mainstay of Big Tobacco has come under heightened scrutiny from regulatory bodies and the public, which has led to an enduring decline in volume sales. Due to high levels of taxation, roughly half of all revenues go directly to the state in the form of various excise duties and sales taxes.

    Sales Channels

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. Figures are based on consumer spending on Cigarettes.

    Modeling approach:

    The segment size is determined through a bottom-up approach. In order to analyze the markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as smoking rates, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing and regression analysis. The selection of forecasting techniques is based on the behavior of the relevant market.

    Additional notes:

    The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

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    Cigarettes: market data & analysis - BackgroundCigarettes: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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