PUBLISHER: The Business Research Company | PRODUCT CODE: 1559109
PUBLISHER: The Business Research Company | PRODUCT CODE: 1559109
Cigarette filters are small cylindrical devices usually composed of cellulose acetate or synthetic fibers, inserted at the mouth end of a cigarette. Their primary purpose is to capture particulate matter and reduce the intake of tar, nicotine, and other harmful substances by smokers. This filtration aims to mitigate some of the health risks associated with smoking, although smoking itself remains detrimental to health regardless of filter use.
The main types of cigarette filters include disposable and reusable varieties. Disposable filters are designed for single use, offering convenience, hygiene, and eliminating the need for cleaning or maintenance. These filters are typically made from materials such as cellulose acetate, activated charcoal, or plastic, tailored to provide effective filtration for one-time use. They are available in various price categories such as premium, medium, and economy, and are used in both traditional cigarettes and e-cigarettes, distributed through channels such as e-commerce, business-to-business (B2B), and business-to-consumer (B2C).
The cigarette filters market research report is one of a series of new reports from The Business Research Company that provides cigarette filters market statistics, including cigarette filters industry global market size, regional shares, competitors with a cigarette filters market share, detailed cigarette filters market segments, market trends, and opportunities, and any further data you may need to thrive in the cigarette filters industry. This cigarette filters research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The cigarette filters market size has grown strongly in recent years. It will grow from $35.93 billion in 2023 to $38.45 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth observed in the historical period can be attributed to increasing health awareness, expansion of tobacco product offerings, growing environmental concerns, rising disposable incomes, and increased investment in research and development.
The cigarette filters market size is expected to see strong growth in the next few years. It will grow to $51.10 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. Looking ahead, the forecasted growth can be attributed to several factors including the increasing demand for reduced harm products, rising adoption of activated charcoal filters, growing influence of smoking cessation programs, intensified competition within the tobacco industry, and the growing popularity of menthol cigarettes. Key trends anticipated in the forecast period include technological advancements, development of biodegradable filters, integration of activated charcoal technology, introduction of smart filters, and the rise of low-tar cigarettes.
The rise in the number of cigarette smokers is anticipated to drive the growth of the cigarette filters market in the future. A cigarette smoker is someone who regularly consumes cigarettes, which are small rolls of paper filled with tobacco that are smoked by inhaling and exhaling the smoke. The increasing number of cigarette smokers is attributed to various factors, including cultural influences, public policies, and socioeconomic conditions. Cigarette filters play a crucial role in modern smoking habits, offering reduced harm, an enhanced smoking experience, and compliance with regulatory standards. For example, in September 2023, the Office for National Statistics, a UK-based government department, reported that approximately 6.4 million adults over 18 smoked cigarettes in 2022, representing 12.9% of the population. Thus, the growing number of cigarette smokers is fueling the expansion of the cigarette filters market.
Leading companies in the cigarette filters market are concentrating on creating innovative products, such as plastic-free filters, to address environmental concerns and reduce the ecological impact of cigarette waste. A plastic-free filter is a cigarette filter made from biodegradable, natural materials instead of plastic, designed to minimize environmental impact by decomposing more easily and avoiding plastic pollution. For instance, in July 2024, Filtrona Pte Ltd., a Singapore-based manufacturer of cigarette filters, introduced the ECO Tube Triple Carbon Filter, a new plastic-free filter for roll-your-own (RYO) cigarettes. This sustainable design delivers similar nicotine levels to current filters, provides a unique visual experience, and offers a clean post-smoking experience. The ECO Tube Triple Carbon Filter meets the EU Single-Use Plastics Directive requirements, is biodegradable, and degrades more rapidly than filters made with cellulose acetate, achieving 90% biodegradation in 90 days. Compared to existing impregnated carbon paper filters, the ECO Tube Triple Carbon Filter has up to four times higher carbon loading capability.
In May 2024, Philip Morris International (PMI), a US-based tobacco company, acquired a minority stake in Eastern Company for an undisclosed amount. With this acquisition, PMI aims to explore synergies and collaborate with a significant local player in the Egyptian tobacco market. Eastern Company is an Egypt-based tobacco company that includes cigarette filters in its product portfolio.
Major companies operating in the cigarette filters market are Imperial Brands plc, British American Tobacco, Altria Group Inc., Solvay S.A., Celanese Corporation, Eastman Chemical Company, Gudang Garam, Sappi Limited, KT&G Corporation, Daicel Corporation, Alliance One International Inc., Essentra plc, Miquel y Costas & Miquel S.A., Philip Morris International Inc., Nemuno Banga LLC, Japan Tobacco International, SWM International, Cerdia International GmbH, Shanghai Tobacco Group, TarGard Filters
Asia-Pacific was the largest region in the cigarette filters market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the cigarette filters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cigarette filters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cigarette filters market consists of sales of biodegradable filters, micropore filters, capsule filters, and charcoal filters. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cigarette Filters Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cigarette filters market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cigarette filters ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cigarette filters market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.