Tobacco Products - G7
G7- In 2024, the revenue in the Tobacco Products market for the G7 countries amounts to US$262.1bn.
- It is projected that the market will experience an annual growth rate of 0.98% (CAGR 2024-2029).
- Cigarettes represent the largest segment in this market, with a market volume of US$206.0bn in 2024.
- When comparing the global market, China generates the highest revenue, reaching US$298bn in 2024.
- This indicates the significant contribution of China to the overall market.
- In terms of per capita revenues, each person in the G7 countries is expected to generate US$375.50 in 2024.
- This provides insight into the level of consumption and economic impact of the Tobacco Products market on individuals within these countries.
- Looking at the distribution channels, online sales are estimated to account for 16.8% of the total revenue in the Tobacco Products market by 2024.
- This highlights the increasing significance of e-commerce in the industry.
- Overall, the Tobacco Products market is a substantial industry within the G7 countries, with significant revenue and growth potential.
- In Japan, the tobacco market has seen a decline in recent years due to increased health consciousness and government regulations.
- 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
