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Dublin, April 13, 2021 (GLOBE NEWSWIRE) -- The "Menthol Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global menthol cigarette market exhibited moderate growth during 2015-2020. A menthol cigarette is a cylindrical roll of ground or shredded tobacco that is mixed together with menthol flavoring. Menthol is a chemical compound that is produced from mint plants, such as spearmint and peppermint. It is usually added in cigarettes to give a cooling sensation and reduce the harshness of the smoke for the consumer. It also has anesthetic effects and can aid in suppressing the cough reflex by soothing dry throats. In certain variants, menthol is present in small quantities within or near the cigarette filter to release a burst of flavor while smoking.The rapid urbanization across the globe is one of the key factors driving the growth of the market. Owing to sedentary lifestyle habits and hectic schedules, working professionals are increasingly consuming cigarettes to relieve stress and relax their nerves. Menthol cigarettes offer a cooling sensation, sensory excitation and fresh flavor, which provides relief and makes the user more habitual to the flavor. Additionally, the introduction of flavorless cigarettes with small menthol capsules and menthol cigarettes with an additional capsule is also providing a boost to the market growth. These capsules enable the user to manipulate the intensity of the flavor as per their choice. Apart from this, other product innovations, including the development of low-tar cigarettes and ultra-long and ultra-slim variants for female consumers, are also contributing to the market growth. Other factors, such as the rising number of smokers, including the young and female population, and aggressive promotional activities by manufacturers through social media platforms, are projected to drive the market further. Looking forward, the publisher expects the global menthol cigarette market to grow at a CAGR of 3.20% during 2021-2026Key Market Segmentation:The publisher provides an analysis of the key trends in each sub-segment of the global menthol cigarette market market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, capsule type, end-user, size and distribution channel.Breakup by Capsule Type: Single Capsule Menthol CigaretteDouble Capsule Menthol Cigarette Breakup by End-User: MaleFemale Breakup by Size: King Size100sOthers Breakup by Distribution Channel: SupermarketsHypermarketsOnline RetailersOthers Breakup by Region: North AmericaUnited StatesCanadaAsia PacificChinaJapanIndiaSouth KoreaAustraliaIndonesiaOthersEuropeGermanyFranceUnited KingdomItalySpainRussiaOthersLatin AmericaBrazilMexicoOthersMiddle East and Africa Competitive Landscape:The competitive landscape of the industry has also been examined with some of the key players being Alfred Dunhill Ltd., Altria Group Inc., British American Tobacco, China National Tobacco Corporation, Commonwealth Brands Inc., Essentra Plc, Imperial Brands Plc, Japan Tobacco Inc., KT&G Corporation, Liggett Group LLC, Lorillard Tobacco Company, Philip Morris International Inc., etc.Key Questions Answered in This Report1. What was the global menthol cigarette market size in 2019?2. What will be the menthol cigarette market outlook during the next five years (2020-2025)?3. What are the key global menthol cigarette market drivers?4. What are the major menthol cigarette industry trends?5. Who are the leading menthol cigarette manufacturers/industry players?6. Which is the largest regional menthol cigarette market?7. What is the dominant menthol cigarette distribution channel?8. What is the menthol cigarette industry growth rate?9. What is the key capsule type in the menthol cigarette market?10. Who are the major end users of menthol cigarettes?Key Topics Covered: 1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.3.1 Primary Sources2.3.2 Secondary Sources2.4 Market Estimation2.4.1 Bottom-Up Approach2.4.2 Top-Down Approach2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Menthol Cigarette Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast6 Market Breakup by Capsule Type6.1 Single Capsule Menthol Cigarette6.1.1 Market Trends6.1.2 Market Forecast6.2 Double Capsule Menthol Cigarette6.2.1 Market Trends6.2.2 Market Forecast7 Market Breakup by End-User7.1 Male7.1.1 Market Trends7.1.2 Market Forecast7.2 Female7.2.1 Market Trends7.2.2 Market Forecast8 Market Breakup by Size8.1 King Size8.1.1 Market Trends8.1.2 Market Forecast8.2 100s8.2.1 Market Trends8.2.2 Market Forecast8.3 Others8.3.1 Market Trends8.3.2 Market Forecast9 Market Breakup by Distribution Channel9.1 Supermarkets9.1.1 Market Trends9.1.2 Market Forecast9.2 Hypermarkets9.2.1 Market Trends9.2.2 Market Forecast9.3 Online Retailers9.3.1 Market Trends9.3.2 Market Forecast9.4 Others9.4.1 Market Trends9.4.2 Market Forecast10 Market Breakup by Region10.1 North America10.1.1 United States10.1.1.1 Market Trends10.1.1.2 Market Forecast10.1.2 Canada10.1.2.1 Market Trends10.1.2.2 Market Forecast10.2 Asia Pacific10.2.1 China10.2.1.1 Market Trends10.2.1.2 Market Forecast10.2.2 Japan10.2.2.1 Market Trends10.2.2.2 Market Forecast10.2.3 India10.2.3.1 Market Trends10.2.3.2 Market Forecast10.2.4 South Korea10.2.4.1 Market Trends10.2.4.2 Market Forecast10.2.5 Australia10.2.5.1 Market Trends10.2.5.2 Market Forecast10.2.6 Indonesia10.2.6.1 Market Trends10.2.6.2 Market Forecast10.2.7 Others10.2.7.1 Market Trends10.2.7.2 Market Forecast10.3 Europe10.3.1 Germany10.3.1.1 Market Trends10.3.1.2 Market Forecast10.3.2 France10.3.2.1 Market Trends10.3.2.2 Market Forecast10.3.3 United Kingdom10.3.3.1 Market Trends10.3.3.2 Market Forecast10.3.4 Italy10.3.4.1 Market Trends10.3.4.2 Market Forecast10.3.5 Spain10.3.5.1 Market Trends10.3.5.2 Market Forecast10.3.6 Russia10.3.6.1 Market Trends10.3.6.2 Market Forecast10.3.7 Others10.3.7.1 Market Trends10.3.7.2 Market Forecast10.4 Latin America10.4.1 Brazil10.4.1.1 Market Trends10.4.1.2 Market Forecast10.4.2 Mexico10.4.2.1 Market Trends10.4.2.2 Market Forecast10.4.3 Others10.4.3.1 Market Trends10.4.3.2 Market Forecast10.5 Middle East and Africa10.5.1 Market Trends10.5.2 Market Breakup by Country10.5.3 Market Forecast11 SWOT Analysis11.1 Overview11.2 Strengths11.3 Weaknesses11.4 Opportunities11.5 Threats12 Value Chain Analysis13 Porters Five Forces Analysis13.1 Overview13.2 Bargaining Power of Buyers13.3 Bargaining Power of Suppliers13.4 Degree of Competition13.5 Threat of New Entrants13.6 Threat of Substitutes14 Price Indicators15 Competitive Landscape15.1 Market Structure15.2 Key Players15.3 Profiles of Key Players15.3.1 Alfred Dunhill Limited15.3.3.1 Company Overview15.3.3.2 Product Portfolio15.3.3.3 Financials15.3.2 Altria Group Inc.15.3.2.1 Company Overview15.3.2.2 Product Portfolio15.3.2.3 Financials15.3.2.4 SWOT Analysis15.3.3 British American Tobacco Plc15.3.3.1 Company Overview15.3.3.2 Product Portfolio15.3.3.3 Financials15.3.3.4 SWOT Analysis15.3.4 China National Tobacco Corporation15.3.4.1 Company Overview15.3.4.2 Product Portfolio15.3.5 Commonwealth Brands Inc.15.3.5.1 Company Overview15.3.5.2 Product Portfolio15.3.6 Essentra PLC15.3.6.1 Company Overview15.3.6.2 Product Portfolio15.3.6.3 Financials15.3.7 Imperial Brands Plc15.3.7.1 Company Overview15.3.7.2 Product Portfolio15.3.7.3 Financials15.3.7.4 SWOT Analysis15.3.8 Japan Tobacco Inc.15.3.8.1 Company Overview15.3.8.2 Product Portfolio15.3.8.3 Financials15.3.8.4 SWOT Analysis15.3.9 KT&G Corporation15.3.9.1 Company Overview15.3.9.2 Product Portfolio15.3.10 Liggett Group LLC15.3.10.1 Company Overview15.3.10.2 Product Portfolio15.3.11 Lorillard Tobacco Company15.3.11.1 Company Overview15.3.11.2 Product Portfolio15.3.12 Philip Morris International Inc.15.3.12.1 Company Overview15.3.12.2 Product Portfolio15.3.12.3 Financials15.3.12.4 SWOT AnalysisFor more information about this report visit https://www.researchandmarkets.com/r/dihs7x CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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