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Global Cigarettes, Cigars and Cigarillos Market Report 2022: A $292.68 Billion Industry by 2026 - Long-term Forecasts to 2031
Dublin, Sept. 23, 2022 (GLOBE NEWSWIRE) -- The "Cigarettes, Cigars And Cigarillos Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global cigarettes, cigars and cigarillos market is expected to grow from $208.8 billion in 2021 to $225.46 billion in 2022 at a compound annual growth rate (CAGR) of 8.0%. The market is expected to grow to $292.68 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%.
The cigarettes, cigars & cigarillos market consists of sales of cigarettes, cigars & cigarillos by entities (organizations, sole traders, and partnerships) that produce cigarettes, bidis, cigars, cigarillos, and other rolled-cigarette products.
Asia Pacific was the largest region in the cigarettes, cigars, and cigarillos market in 2021. North America was the second-largest region in the cigarettes, cigars, and cigarillos market. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The world population is growing and is expected to reach 10 billion by 2050. An increase in population creates more demand for food. Trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for cigarettes, cigars, and cigarillos manufacturing due to the rising population, during the forecast period.
Cigarette manufacturing companies are using innovative filter technologies to reduce toxicants in cigarettes and enhance the smoking experience. Advanced filters use a high-tech binder in addition to standard carbon, paper, and glue. They are capable of filtering up to 80% more gas-phase toxicants than mono-acetate filters and carbon-on-tow filters.
These filters maximize the surface area of carbon available to smoke without sacrificing product performance. British American Tobacco (BAT) is using Flow Filter technology in its Lucky Strike, Dunhill, Kent, Pall Mall, and Rothmans cigarette brands.
Major companies in the cigarettes, cigars, and cigarillos market include
Imperial brands plc.
Altria Group Inc.
British American Tobacco
Philip Morris International Inc.
Gudang Garam
ITC Limited
Sampoerna
Swedish Match AB
Scandinavian Tobacco Group A/S
Godfrey Phillips India Ltd.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Cigarettes, Cigars And Cigarillos Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Cigarettes, Cigars And Cigarillos Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Cigarettes, Cigars And Cigarillos Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Cigarettes, Cigars And Cigarillos Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Cigarettes, Cigars And Cigarillos Market Trends And Strategies
8. Impact Of COVID-19 On Cigarettes, Cigars And Cigarillos
9. Cigarettes, Cigars And Cigarillos Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Cigarettes, Cigars And Cigarillos Market Regional Analysis
10.1. Global Cigarettes, Cigars And Cigarillos Market, 2021, By Region, Value ($ Billion)
10.2. Global Cigarettes, Cigars And Cigarillos Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
10.3. Global Cigarettes, Cigars And Cigarillos Market, Growth And Market Share Comparison, By Region
11. Cigarettes, Cigars And Cigarillos Market Segmentation
11.1. Global Cigarettes, Cigars And Cigarillos Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Cigarettes
Cigars And Cigarillos
11.2. Global Cigarettes, Cigars And Cigarillos Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Supermarkets/Hypermarkets
Convenience Stores
E-Commerce
Other Distribution Channels
11.3. Global Cigarettes, Cigars And Cigarillos Market, Segmentation By Flavour, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Tobacco/No Flavour
Flavored
11.4. Global Cigarettes, Cigars And Cigarillos Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Low Tar
High Tar
11.5. Global Cigarettes, Cigars And Cigarillos Market, Segmentation By Category, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Mass Cigar
Premium Cigar
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