Global Cigarette Market: Trends and Forecasts 2023-2030

Industry Insight by 2FIRSTS.ai

Dec.19.2023

Global Cigarette Market: Trends and Forecasts 2023-2030

Global cigarette market is predicted to reach $127.076 billion by 2030, with a CAGR of 4.87%, according to 360iResearch.

360iResearch, in its latest report, predicts that the global tobacco market will reach $127.076 billion by 2030, with a compound annual growth rate (CAGR) of 4.87%.

According to the latest report from 360iResearch, the global cigarette market is expected to experience stable growth in the coming years. The market is projected to increase from $86.802 billion in 2022 to $127.076 billion in 2030, with a compound annual growth rate (CAGR) of 4.87%. The report evaluates key indicators of the market, including business strategies and product satisfaction, which will help users make informed decisions based on their specific needs.

Translation: "Global Cigarette Market Segmented by Product Category (Hard Pack, Light Flavor, Medium Flavor), Tobacco Type (Blond Tobacco, Burley Tobacco, Oriental Tobacco), and Sales Channel (Convenience Stores, Online Stores, Tobacco Shops) for the Forecast Period 2023-2030.

The report also conducted a thorough analysis of the market, providing the company with a deeper understanding of its performance and market share competition by comparing the contributions of suppliers to total revenue, customer base, and other key indicators.

This research report categorizes the cigarette market according to product categories (hard pack, light flavor, and medium flavor), tobacco types (blonde tobacco, burley tobacco, oriental tobacco, and Virginia tobacco), and sales channels (convenience stores, online stores, and tobacco shops), in order to forecast revenue and analyze the trends of each submarket.

The report covers the cigarette market in the Asia-Pacific region, the Americas, as well as Europe, the Middle East, and Africa. It then provides a specific analysis of secondary markets such as Argentina, Brazil, Canada, Mexico, the United States, and the cigarette markets in the Asia-Pacific region including Australia, China, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam.

References:

[1] Cigarette Market worth $1,270.76 billion by 2030, growing at a CAGR of 4.87%

Also Read:

[1] Increase of E-cigarette Use during Teenage Pregnancy

[2] Rise of Disposable E-Cigs and the Battery Waste Crisis in the UK

[3] Misconception of E-Cigarettes: A Threat to Health

#Traditional tobacco #Market #Global #Asia-Pacific #E-cigarette Market #Electronic Nicotine Delivery Systems

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