Cigarettes - China
China- In 2024, the revenue in the Cigarettes market in China is estimated to reach a staggering US$282.9bn in.
- This market is projected to experience an annual growth rate of 1.63% (CAGR 2024-2029).
- When compared to other countries worldwide, China stands out as the leading revenue generator in this segment, with a substantial revenue of US$282.9bn in 2024.
- Taking into account the total population figures, per person revenues China are expected to amount to US$220.10 in 2024.
- Looking ahead, the volume in the Cigarettes market is anticipated to reach 2.4tn pieces units by 2029.
- Interestingly, there is a slight decline of -0.4% in volume growth expected in 2025.0.
- On average, each person China is estimated to consume 1.9k pieces units of cigarettes in 2024.
- Despite efforts to reduce smoking rates, China remains the largest consumer of cigarettes in the world, with a thriving domestic market dominated by state-owned tobacco companies.
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
