Tobacco Products: market data & analysis

Market Insights report

Tobacco Products: market data & analysis

The Tobacco market is characterized by an unprecedented wave of innovation as established tobacco products continue to lose their luster in an environment shaped by ageing and more health-conscious consumers and tightening regulation. However, the change towards risk-reduced products like e-cigarettes can be financed by still high sales revenues given that the cost-base of the industry can be held in check. In nominal terms, the worldwide sales revenue of all covered Tobacco products is forecast to increase on average by 2.5% per year between 2018 and 2028, eventually reaching over US$1 trillion by the end of the forecast period.

The report includes:

Market Outlook

  • Overview
  • Market Size
  • Market Insights
  • Market Drivers & Challenges
  • Consumer Insights
  • Trends
  • Key Players

Markets

  • Cigarettes
  • Smoking Tobacco
  • Cigars
  • E-Cigarettes

Appendix

  • Product Overview
  • About the author

Table of contents

The Tobacco market includes (filtered) Cigarettes, Smoking Tobacco and Cigars and E-cigarettes. Smokeless tobacco products are excluded. All market data are valued at consumer prices inclusive of all applying consumption and sales taxes

This report from the series of Consumer Market Insights reports gives an overview of the Tobacco market from an international perspective. Besides all relevant market figures like total and per capita revenues for the years from 2018 to 2029, it furthermore gives detailed insights into current trends, key players and important background information on the market.

In general, the market is expected to grow at a CAGR 2.56% in nominal terms between 2024 and 2029. Value growth is mostly realized through price increases as the number of smokers and volume consumption are set to decline further.

Note: CAGR: Compound Annual Growth Rate / average growth rate per year

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