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The tobacco market is forecasted to grow by $ 192.8 billion during 2024-2029, accelerating at a CAGR of 4% % during the forecast period. The report on the tobacco market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of new product launches, rising demand for cigars and smoking tobacco products, and increasing number of organized retail outlets selling tobacco products.
The tobacco market is segmented as below:
By Distribution Channel
- Offline
- Online
By Product
- Combustible tobacco products
- Smokeless tobacco products
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the tobacco market covers the following areas:
- Tobacco Market sizing
- Tobacco Market forecast
- Tobacco Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Distribution Channel
9 Market Segmentation by Product
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global tobacco market: British American Tobacco Plc, Eastern Co. SAE, Gold Leaf Tobacco Corp., Golden Tobacco Ltd., Gudang Garam Tbk, Imperial Brands Plc, ITC Ltd., KT and G Corp., Liggett Vector Brands LLC, Modi Enterprises, Philip Morris USA Inc, Poschl Tabak GmbH and Co KG, PT Djarum, Pyxus International Inc., Scandinavian Tobacco Group AS, Swedish Match AB, Swisher International Inc., Universal Corp., and Vietnam National Tobacco Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising mergers and acquisitions."
According to the report, one of the major drivers for this market is the increasing number of new product launches.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- British American Tobacco Plc
- Eastern Co. SAE
- Gold Leaf Tobacco Corp.
- Golden Tobacco Ltd.
- Gudang Garam Tbk
- Imperial Brands Plc
- ITC Ltd.
- KT and G Corp.
- Liggett Vector Brands LLC
- Modi Enterprises
- Philip Morris USA Inc
- Poschl Tabak GmbH and Co KG
- PT Djarum
- Pyxus International Inc.
- Scandinavian Tobacco Group AS
- Swedish Match AB
- Swisher International Inc.
- Universal Corp.
- Vietnam National Tobacco Corp.