Clove Cigarettes Market Size, Share & Trends Analysis Report By Type (Hand Rolled, Machine Made Kreteks (full-flavored), Machine Made Kreteks (Low Tar nicotine)), By End Use, By Region, And Segment Forecasts, 2024

Description

Clove Cigarettes Market Growth & Trends:

The global clove cigarettes market size is expected to reach USD 168.6 billion by 2030, expanding at a CAGR of 5.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is majorly driven by the increasing product launches driven by the growing demand for machine-made clove cigarettes.

Consumers trying to quit smoking are more inclined toward consumption of clove cigarettes owing to less harshness, blend of different flavors, and presence of low tar nicotine. Gauging the consumer preference for lighter cigarettes, companies are focusing on product launches. For instance, in 2017, Sampoerna, a subsidiary of PHILIP MORRIS INTERNATIONAL MANAGEMENT introduced a new product named Platinum A. Some of the common flavors blended with cloves and tobacco include cherry, vanilla, strawberry, pineapple, grape, orange, menthol, cocoa, and licorice with an objective to bring uniqueness in the product.

The spicy flavor of cloves along with attractive packaging of these cigarettes significantly attracts young smokers. In 2017, more than 5 million people in Indonesia used consumed clove cigarettes. Rising consumption of clove cigarettes especially among the young population in Indonesia is expected to offer lucrative opportunities for the companies operating in the clove cigarettes market.

Machine rolled full flavored clove cigarettes accounted for more than 45% market share in 2018. Clove cigarettes containing the lowest level of tar and nicotine content as compared to the full flavored variant, which is one of the unique selling points of these products. Low tar nicotine clove cigarettes is expected to register a CAGR of 4.9% over the forecast period.

Female end user segment is expected to expand at a CAGR of 3.4% over the forecast period, attributed to rising number of women smokers in regions such as North America, Europe, and Central and South America. Russian females accounted for more than 57.0% of the market share in 2018. Maximum women prefer clove cigarettes due to the presence of mixture of different flavors reduce the harshness of the products.

Asia Pacific held the largest market share of more than 60% in 2018. The growth is majorly supported by the significant production and demand for clove cigarettes in Indonesia, which accounted for about 92% alone in 2018. APAC clove cigarettes market has witnessed significant rise in demand in the recent few years. With the rise in consumer disposable income along with their willingness to try out unique and premium variants can be attributed to the regional product demand.

Clove Cigarettes Market Report Highlights:

APAC is estimated to expand at the fastest CAGR of 6.1% during the forecast period, driven majorly by the high demand from Indonesia
The machine-made kreteks (full-flavored) dominated the market and accounted for 46.5% revenue share of in 2023
Some of the major players operating in the global clove cigarettes market include Philip Morris International Inc.; Gudang Garam; Nojorono Tobacco Indonesia; JT International SA; Bentoel Group; and Wismilak Group

Product Code: GVR-3-68038-174-0

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Clove Cigarettes Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Billion)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Clove Cigarettes Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Decisions
4.4. Consumer Product Adoption Trends
4.5. Observations & Recommendations

Chapter 5. Clove Cigarettes Market: Type Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Clove Cigarettes Market: Type Movement Analysis, 2023 & 2030 (USD Billion)
5.3. Hand Rolled Kreteks
- 5.3.1. Hand Rolled Kreteks Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.4. Machine Made Kreteks (Full Flavored)
- 5.4.1. Machine Made Kreteks (Full Flavored) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.5. Machine Made Kreteks (Low Tar Nicotine)
- 5.5.1. Machine Made Kreteks (Low Tar Nicotine) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 6. Clove Cigarettes Market: End Use Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Clove Cigarettes Market: End Use Movement Analysis, 2023 & 2030 (USD Billion)
6.3. Male
- 6.3.1. Male Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4. Female
- 6.4.1. Female Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 7. Clove Cigarettes Market: Regional Estimates & Trend Analysis

7.1. Clove Cigarettes Market Share, By Region, 2023 & 2030 (USD Billion)
7.2. North America
- 7.2.1. North America Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
  - 7.2.2.1. U.S. Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
  - 7.2.3.1. Canada Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Mexico
  - 7.2.4.1. Mexico Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.3. Europe
- 7.3.1. Europe Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. UK
  - 7.3.2.1. UK Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
  - 7.3.3.1. Germany Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.4. France
  - 7.3.4.1. France Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.5. Italy
  - 7.3.5.1. Italy Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.6. Spain
  - 7.3.6.1. Spain Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
  - 7.4.2.1. China Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. Japan
  - 7.4.3.1. Japan Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.4. India
  - 7.4.4.1. India Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5. South Korea
  - 7.4.5.1. South Korea Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6. Australia
  - 7.4.6.1. Australia Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.5. Latin America
- 7.5.1. Latin America Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Brazil
  - 7.5.2.1. Brazil Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. South Africa
  - 7.6.2.1. South Africa Clove Cigarettes Market Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
- 8.4.1. Philip Morris Products S.A.
  - 8.4.1.1. Participant's Overview
  - 8.4.1.2. Financial Performance
  - 8.4.1.3. Product Benchmarking
  - 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. PT. Gudang Garam Tbk
  - 8.4.2.1. Participant's Overview
  - 8.4.2.2. Financial Performance
  - 8.4.2.3. Product Benchmarking
  - 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. PT Djarum.
  - 8.4.3.1. Participant's Overview
  - 8.4.3.2. Financial Performance
  - 8.4.3.3. Product Benchmarking
  - 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Nojorono Tobacco Indonesia
  - 8.4.4.1. Participant's Overview
  - 8.4.4.2. Financial Performance
  - 8.4.4.3. Product Benchmarking
  - 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. JT International SA.
  - 8.4.5.1. Participant's Overview
  - 8.4.5.2. Financial Performance
  - 8.4.5.3. Product Benchmarking
  - 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Bentoel Group
  - 8.4.6.1. Participant's Overview
  - 8.4.6.2. Financial Performance
  - 8.4.6.3. Product Benchmarking
  - 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. Wismilak Group.
  - 8.4.7.1. Participant's Overview
  - 8.4.7.2. Financial Performance
  - 8.4.7.3. Product Benchmarking
  - 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Kretek International, Inc.
  - 8.4.8.1. Participant's Overview
  - 8.4.8.2. Financial Performance
  - 8.4.8.3. Product Benchmarking
  - 8.4.8.4. Recent Developments/ Strategic Initiatives

Clove Cigarettes Market Size, Share & Trends Analysis Report By Type (Hand Rolled, Machine Made Kreteks (full-flavored), Machine Made Kreteks (Low Tar nicotine)), By End Use, By Region, And Segment Forecasts, 2024 - 2030