Tobacco Products - Eastern Asia
Eastern Asia- The Tobacco Products market in Eastern Asia is projected to generate a substantial revenue of US$339.0bn in 2024.
- It is expected to witness a steady annual growth rate of 1.55% (CAGR 2024-2029).
- Among the various segments within this market, the largest one is Cigarettes, which is estimated to have a market volume of US$320.9bn in 2024.
- When comparing the revenue generated globally, it is noteworthy that China leads the pack with an impressive revenue of US$298bn in 2024.
- This highlights China's dominant position in the Tobacco Products market.
- In terms of per capita revenue, each individual in Eastern Asia is projected to generate US$230.40 in 2024.
- This figure provides insight into the economic impact of the Tobacco Products market on the population.
- Furthermore, the growing prominence of online sales cannot be overlooked.
- By 2024, it is estimated that online sales will account for 39.2% of the total revenue in the Tobacco Products market.
- This demonstrates the increasing influence of e-commerce in this sector.
- The demand for tobacco products in Eastern Asia remains high, fueled by cultural norms and social acceptance of smoking in countries like China and Japan.
- Key regions:
- Worldwide,
- India,
- United States,
- China,
- Germany
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.
For more information on the displayed data, please use the info button right next to the boxes.
In-Scope
- (Filtered) Cigarettes such as Marlboro Reds, Marlboro Golds, Camel Blues, etc
- Smoking Tobacco (fine-cut and 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
- E-cigarettes and e-liquids such as Elf Bar BC5000, ZOVOO DRAGBAR B5000, etc
Out-Of-Scope
- Untaxed tobacco products such as illicit cigarettes
- Smokeless tobacco (snuff and chewing tobacco) such as Oliver Twist Arctic Chewing Tobacco, Oden’s Original Portion CB – Single Tin, etc
- Heat-not-burn products such as IQOS
