PUBLISHER: The Business Research Company | PRODUCT CODE: 1712574
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712574
Smoking entails inhaling smoke from burning tobacco, whereas other tobacco products typically contain nicotine, a highly addictive chemical. These products are primarily designed to deliver nicotine, which induces temporary relaxation or euphoria by stimulating dopamine release in the brain. Nicotine's addictive properties lead to habitual tobacco use, fostering both physical and psychological dependence.
The primary categories within the smoking and other tobacco products industry include smokeless tobacco and loose tobacco. Loose tobacco refers to any cut, sliced, or granular tobacco that is sold in packets and is not in the form of tobacco sticks, cigarettes, cigars, leaf tobacco, tobacco rolls, or any other pre-rolled tobacco product intended for smoking. These products can be categorized as mass-produced or premium, and they are often available in a variety of flavors. They are distributed through various channels, including supermarkets and hypermarkets, convenience stores, e-commerce platforms, and other distribution channels.
The smoking and other tobacco products research report is one of a series of new reports from The Business Research Company that provides smoking and other tobacco products statistics, including smoking and other tobacco products industry global market size, regional shares, competitors with smoking and other tobacco products share, detailed smoking and other tobacco products segments, market trends and opportunities, and any further data you may need to thrive in the smoking and other tobacco products industry. This smoking and other tobacco products research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The smoking and other tobacco products market size has grown strongly in recent years. It will grow from $24.72 billion in 2024 to $25.97 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to tobacco industry dominance, consumer habit and addiction, cultural and social traditions, effective marketing and branding, tobacco taxation and regulation.
The smoking and other tobacco products market size is expected to see steady growth in the next few years. It will grow to $31.34 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to health-conscious consumer preferences, reduced smoking prevalence, regulations and packaging changes, alternative products and harm reduction, global market expansion. Major trends in the forecast period include e-cigarettes and vaping, smokeless and snus products, nicotine replacement therapies, reduced nicotine and low-tar products, menthol and flavored tobacco.
The evolving lifestyles of individuals, particularly in emerging markets, are expected to drive the growth of the smoking and tobacco products market during the forecast period. For example, in September 2024, the Australian Institute of Health and Welfare, a government agency, reported that the percentage of regular clients with a recorded smoking status in their GP records increased from 65.1% to 68.7% between July 2023 and July 2024. In emerging markets, factors such as fast-paced lifestyles, a growing working population, and a rising inclination toward smoking have fueled the demand for smoking and other tobacco products, thereby contributing to the market's growth during this period.
The tobacco products market is expected to experience growth driven by the increasing prevalence of smoking. Smoking involves inhaling and exhaling smoke from substances like tobacco, cannabis, or other herbs through devices like cigarettes, cigars, pipes, and more. The growing prevalence of smoking plays a pivotal role in the expansion of the tobacco industry. As more individuals become smokers, the demand for tobacco products rises, leading to increased sales. For instance, in July 2022, Statistics Canada reported a 5.8% increase in cigarette production compared to June 2021. Additionally, the total number of cigarettes sold saw a 1.3% rise from May 2022, reaching 1.4 billion in June 2022. This illustrates that the increasing prevalence of smoking is a driving factor for the tobacco products market.
Major cigarette companies are innovating in product design by offering super slim and ultra-slim cigarettes, targeting millennials. Super slim cigarettes, with a diameter of about 4.7 mm and a length of 99 mm, come in various types such as long, extra-slim, light-colored, and low-tar content, often appealing to female smokers. The popularity of slim and super slim cigarettes is notably growing in regions like Asia, Africa, and the Middle East, with leading consumer markets in countries such as Korea, Japan, and Russia. Brands like Davidoff Boudoir (Imperial Tobacco), Winston XS Micro (JTI Ukraine), ESSE (KT&G), Glamour (Gallagher Tobacco Company), and Vogue (British American Tobacco) offer some of the popular super slim cigarette options.
Leading companies in the tobacco market are emphasizing the launch of innovative and interactive cigars to maintain their competitive edge. Interactive cigars incorporate technology, such as QR codes, to engage consumers. For example, in September 2024, Diesel Cigars, a Nicaragua-based cigar brand, introduced the Diesel Worthy Fool, the final installment in its Fool's Errand series. This 5 x 58 cigar, priced at $9.99, features a Nicaraguan Habano binder and filler wrapped in an Ecuadorian Sumatra leaf and is produced at Tabacalera AJ Fernandez in Nicaragua. The cigars are packaged in 10-count boxes and have been shipped to retailers. Additionally, Diesel launched a riddle contest for fans, with prizes to be awarded through a random drawing in January.
Major companies operating in the smoking and other tobacco products market include Philip Morris International Inc., Imperial Tobacco PLC, Altria Group Inc., British American Tobacco PLC, Japan Tobacco Inc., Swisher International Inc., Scandinavian Tobacco Group, Swedish Match AB, Reynolds American Inc., Vector Group Ltd., Turning Point Brands Inc., National Tobacco Company L.P., Liggett Group LLC, John Middleton Co., Cheyenne International LLC, Farmer's Tobacco Co. of Cynthiana Inc., Sutliff Tobacco Company LLC, Lane Limited, Cornell & Diehl Inc., Gawith Hoggarth & Co., Mac Baren Tobacco Company A/S, Samuel Gawith & Co. Ltd., Orlik Tobacco Company A/S, Oliva Cigar Co., Perdomo Cigars, Arturo Fuente Cigars, Ashton Cigars, Padron Cigars, Joya de Nicaragua S.A., My Father Cigars Inc.
Asia-Pacific was the largest region in the smoking and other tobacco products market in 2024. Western Europe was the second-largest region in the smoking and other tobacco products market. The regions covered in the smoking and other tobacco products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the smoking and other tobacco products market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The smoking and other tobacco products market consists of sales of smoking products and cigerattes. 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.
Smoking And Other Tobacco Products Global Market Report 2025 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 smoking and other tobacco products 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 smoking and other tobacco products ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The smoking and other tobacco products 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 forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.