Cigarettes - Europe
Europe- In 2024, the Cigarettes market in Europe is projected to generate a revenue of US$232.4bn.
- It is anticipated that the market will experience an annual growth rate of 2.21% between 2024 and 2029 (CAGR 2024-2029).
- When compared to other countries globally, China leads the way in terms of revenue generation, with an estimated revenue of US$283bn in 2024.
- Taking into account the total population, the per person revenue in the Cigarettes market is predicted to be US$308.40 in 2024.
- Looking ahead to 2029, it is expected that the volume of cigarettes sold in the Cigarettes market will reach a staggering 815.2bn pieces units.
- However, there is a projected decline of -1.6% in the volume growth of the Cigarettes market in 2025.0.
- On average, each person in Europe is expected to consume approximately 1.2k pieces cigarettes in 2024.
- In France, the rising trend of vaping has led to a decline in cigarette sales among younger generations.
- Key regions:
- Singapore,
- China,
- Worldwide,
- Germany,
- United States
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
