2022 Global Report of Heated Tobacco Products
Recently, the Eastern Tobacco News released an article titled "Report on the Development of World Tobacco Industry in 2022 (Part One)", written by the Policy Research Office of the National Economic Research Institute.
According to the article, in 2022, the sales of heated tobacco products reached $33.38 billion, a 15.8% increase compared to the previous year. Out of this, 30 million units of heated tobacco devices were sold, generating $2.09 billion in revenue, while sales of heated tobacco sticks reached 2.756 million boxes, generating $31.28 billion in revenue.
According to market analysis, Japan, Italy, and Russia rank as the top three countries in the world for sales, with revenue of $12.77 billion, $4.11 billion, and $2.54 billion, respectively. Japan's growth in heated tobacco products has been slowing, and its share of global sales has been decreasing from over 80% before 2017 to 38.3% in 2022.
When looking at the industry as a whole, Philip Morris International (PMI) maintains a dominant position, followed closely by British American Tobacco and Japan Tobacco. These three companies collectively make up 71.4%, 15.5%, and 4.3% of the global heated tobacco market share, respectively.
Reference material:
The World Tobacco Development Report (Part I) for 2022
This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.
