Tobacco Market Size, Share & Trends Analysis Report By Product (Cigarettes, Kretek), By Distribution Channel (Supermarket/Hypermarket, Online), By Region, And Segment Forecasts, 2024

The global tobacco market size is expected to reach USD 1049.87 billion by 2030, expanding at a CAGR of 2.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing demand from developing nations, coupled with the rising proliferation of next-generation products across the globe is driving the demand for tobacco. Furthermore, the high expenditure on the marketing and discounting of products undertaken by major tobacco companies is further driving the industry growth.

Consumption of tobacco through cigarettes has been the predominant factor driving market growth. According to WHO's 2022 report, there are more than a billion smokers globally and more than 80% of the smokers live in middle-income countries. Government cessation policies have also not been able to cut down the smoking habits of the people. The tobacco demand is inelastic and therefore, a major factor driving the market growth. Furthermore, the introduction of next-generation products by major tobacco companies is another factor expected to fuel the market during the forecast period.

The industry segmented based on product was led by cigarettes. However, the next-generation products (NGPs) are projected to be the fastest-growing segments during the forecast period. The introduction of products such as e-cigarettes, vape, and oral nicotine products is witnessing an increased proliferation, especially among youths and millennials. Furthermore, major tobacco companies are also stepping up their strategies to incorporate the growing trend of NGPs. For instance, in November 2022, Philip Morris International introduced a tobacco heating system known as BONDS by IQOS, which utilizes heat instead of combustion to release the flavors of tobacco. This innovative technology significantly reduces the emission of harmful chemicals, boasting a remarkable 95% reduction when compared to traditional cigarettes. The product is now available in the Philippines and is specifically designed to cater to adult smokers, offering them a range of tobacco tastes to choose from.

The supermarket/hypermarket segment accounted for the largest market share in 2023 and is expected to maintain its dominance over the forecast period. The offline category which includes supermarkets and hypermarkets, smoke stores, and convenience stores among others has accounted for the largest share in the market due to the large volume of stores spread across the world, as well as the convenience they offer. Asia Pacific dominated the tobacco industry globally, primarily due to its huge population. Furthermore, the incremental growth of the working class and the stress associated with their jobs are also driving the consumption of tobacco.

The market for tobacco is characterized by the presence of major global players and fewer small regional players. The key market participants include Scandinavian Tobacco Group A/S, Swedish Match AB, Altria Group, Inc., KT&G Corp., Imperial Brands, Philip Morris Products S.A., British American Tobacco, Japan Tobacco Inc., China Tobacco., and ITC Limited among others.

Tobacco Market Report Highlights:

Next-generation products are projected to grow at a CAGR of 5.1% from 2024 to 2030 in the forecasted period owing to all the major companies diversifying their product portfolios to include more smoke-free and heated tobacco offerings
Supermarket/hypermarket channels held the market share of 50.3% in 2023. Consumers prefer these stores as they offer considerable discounts and offers and are present in close proximity to the users
Asia Pacific held the largest market during the forecast period. The rising number of the working population and the resultant addition of tobacco consumers are driving the market growth

Product Code: GVR-2-68038-412-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Products & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Product Outlook
2.3. Distribution Channel Outlook

Chapter 3. Tobacco Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Manufacturing and Technology Outlook
- 3.2.3. Profit Margin Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
3.4. Industry Analysis - Porter's Five Forces Analysis
3.5. Market Entry Strategies

Chapter 4. Buyer Behavior Analysis

4.1. Buyer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Buyer Product Adoption
4.4. Observations & Recommendations

Chapter 5. Tobacco Market: Product Estimates & Trend Analysis

5.1. Product Movement Analysis & Market Share, 2023 & 2030
5.2. Smokeless
- 5.2.1. Market estimates and forecast for smokeless, 2018 - 2030 (USD Billion)
5.3. Cigarettes
- 5.3.1. Market estimates and forecast for cigarettes, 2018 - 2030 (USD Billion)
5.4. Cigars & Cigarillos
- 5.4.1. Market estimates and forecast for tobacco with cigars & cigarillos 2018 - 2030 (USD Billion)
5.5. Next Generation Products
- 5.5.1. Market estimates and forecast for next-generation products, 2018 - 2030 (USD Billion)
5.6. Kretek
- 5.6.1. Market estimates and forecast for kretek, 2018 - 2030 (USD Billion)
5.7. Others
- 5.7.1. Market estimates and forecast for other, 2018 - 2030 (USD Billion)

Chapter 6. Tobacco Market: Distribution Channel Estimates & Trend Analysis

6.1. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
- 6.1.1. Supermarket/Hypermarket
  - 6.1.1.1. Market estimates and forecast through supermarket/hypermarket, 2018 - 2030 (USD Billion)
- 6.1.2. Convenience Stores
  - 6.1.2.1. Market estimates and forecast through convenience Stores, 2018 - 2030 (USD Billion)
- 6.1.3. Tobacco Shops
  - 6.1.3.1. Market estimates and forecast through specialty stores, 2018 - 2030 (USD Billion)
- 6.1.4. Online
  - 6.1.4.1. Market estimates and forecast through online, 2018 - 2030 (USD Billion)
- 6.1.5. Others
  - 6.1.5.1. Market estimates and forecast through others, 2018 - 2030 (USD Billion)

Chapter 7. Tobacco Market: Regional Estimates & Trend Analysis

7.1. Regional Movement Analysis & Market Share, 2023 & 2030
7.2. North America
- 7.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.2.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
- 7.2.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.2.4. U.S.
  - 7.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.2.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.2.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.2.5. Mexico
  - 7.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.2.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.2.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.2.6. Canada
  - 7.2.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.2.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.2.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
7.3. Europe
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
- 7.3.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.3.4. UK
  - 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.3.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.3.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.3.5. Germany
  - 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.3.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.3.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.3.6. France
  - 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.3.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.3.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.3.7. Italy
  - 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.3.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.3.7.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.3.8. Bulgaria
  - 7.3.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.3.8.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.3.8.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.3.9. Scandinavia
  - 7.3.9.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.3.9.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.3.9.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.3.10. Spain
  - 7.3.10.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.3.10.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.3.10.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
7.4. Asia Pacific
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
- 7.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.4.4. China
  - 7.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.4.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.4.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.4.5. Indonesia
  - 7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.4.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.4.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.4.6. Japan
  - 7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.4.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.4.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.4.7. India
  - 7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.4.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.4.7.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.4.8. Malaysia
  - 7.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.4.8.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.4.8.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
7.5. Central & South America
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
- 7.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.5.4. Brazil
  - 7.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.5.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.5.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.5.5. Argentina
  - 7.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.5.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.5.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
7.6. Middle East & Africa
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
- 7.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.6.4. UAE
  - 7.6.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.6.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.6.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.6.5. South Africa
  - 7.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.6.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.6.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
- 7.6.6. Egypt
  - 7.6.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
  - 7.6.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Billion)
  - 7.6.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)

Chapter 8. Competitive Landscape

8.1. Recent developments & impact analysis, by key market participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. List of key companies analyzed in this section include:
- 8.9.1. Scandinavian Tobacco Group A/S
- 8.9.2. Swedish Match AB
- 8.9.3. Altria Group, Inc.
- 8.9.4. KT&G Corp.
- 8.9.5. Imperial Brands
- 8.9.6. Philip Morris Products S.A.
- 8.9.7. British American Tobacco
- 8.9.8. Japan Tobacco Inc.
- 8.9.9. China Tobacco.
- 8.9.10. ITC Limited

Product Code: GVR-2-68038-412-3

List of Tables

1. Tobacco market - Driving factor market analysis
2. Tobacco market - Restraint factor market analysis
3. Tobacco market estimates & forecast, by distribution channel (USD Billion)
4. Tobacco market estimates & forecast, by product (USD Billion)
5. U.S. macro-economic outlay
6. Canada macro-economic outlay
7. Mexico macro-economic outlay
8. U.K. macro-economic outlay
9. Germany macro-economic outlay
10. France macro-economic outlay
11. Italy macro-economic outlay
12. Spain macro-economic outlay
13. Bulgaria macro-economic outlay
14. Scandinavia macro-economic outlay
15. China macro-economic outlay
16. Japan macro-economic outlay
17. India macro-economic outlay
18. Indonesia macro-economic outlay
19. Malaysia macro-economic outlay
20. Brazil macro-economic outlay
21. South Africa macro-economic outlay
22. UAE macro-economic outlay
23. Egypt impact analysis, by key market participants
24. Company market share, 2023 (Value % Share)
25. Company heat map analysis

List of Figures

1. Information procurement
2. Primary research pattern
3. Primary research approaches
4. Primary research process
5. Market Snapshot
6. Segment Snapshot
7. Segment Snapshot
8. Competitive Landscape Snapshot
9. Tobacco market size, 2018 to 2030 (USD Billion)
10. Tobacco market: Value chain analysis
11. Tobacco market: Profit-margin analysis
12. Tobacco market: Dynamics
13. Tobacco market: Porter's five forces analysis
14. Factors affecting buying decisions for tobacco
15. Tobacco market, by product: Key takeaways
16. Tobacco market, by product: Market share, 2023 & 2030
17. Smokeless tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
18. Cigarettes market estimates & forecast, 2018 - 2030 (USD Billion)
19. Cigars & Cigarillos market estimates & forecast, 2018 - 2030 (USD Billion)
20. Next Generation Products market estimates & forecast, 2018 - 2030 (USD Billion)
21. Kretek market estimates & forecast, 2018 - 2030 (USD Billion)
22. Others market estimates & forecast, 2018 - 2030 (USD Billion)
23. Tobacco market, by distribution channel: Key takeaways
24. Tobacco market, by distribution channel: Market share, 2023 & 2030
25. Supermarket/hypermarket market estimates and forecast, 2018 - 2030 (USD Billion)
26. Convenience stores market estimates and forecast, 2018 - 2030 (USD Billion)
27. Tobacco shops market estimates and forecast, 2018 - 2030 (USD Billion)
28. Online market estimates and forecast, 2018 - 2030 (USD Billion)
29. Others market estimates and forecast, 2018 - 2030 (USD Billion)
30. Tobacco market revenue, by region, 2023 & 2030 (USD Billion)
31. Regional marketplace: Key takeaways
32. Regional marketplace: Key takeaways
33. North America tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
34. U.S. tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
35. Canada tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
36. Mexico tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
37. Europe tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
38. U.K. tobacco market estimates & forecasts, 2018 - 2030 (USD Billion)
39. Germany tobacco market estimates & forecasts, 2018 - 2030 (USD Billion)
40. France tobacco market estimates & forecasts, 2018 - 2030 (USD Billion)
41. Italy tobacco market estimates & forecasts, 2018 - 2030 (USD Billion)
42. Spain tobacco market estimates & forecasts, 2018 - 2030 (USD Billion)
43. Bulgaria tobacco market estimates & forecasts, 2018 - 2030 (USD Billion)
44. Scandinavia tobacco market estimates & forecasts, 2018 - 2030 (USD Billion)
45. Asia Pacific tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
46. China tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
47. Japan tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
48. India tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
49. Indonesia tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
50. Malaysia tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
51. Central & South America tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
52. Brazil tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
53. Middle East & Africa tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
54. South Africa tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
55. UAE tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
56. Egypt tobacco market estimates & forecast, 2018 - 2030 (USD Billion)
57. Key company categorization
58. Company market share analysis, 2023

Tobacco Market Size, Share & Trends Analysis Report By Product (Cigarettes, Kretek), By Distribution Channel (Supermarket/Hypermarket, Online), By Region, And Segment Forecasts, 2024 - 2030

Description

Table of Contents

List of Tables

Tobacco Market Growth & Trends:

Tobacco Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Tobacco Market Variables, Trends & Scope

Chapter 4. Buyer Behavior Analysis

Chapter 5. Tobacco Market: Product Estimates & Trend Analysis

Chapter 6. Tobacco Market: Distribution Channel Estimates & Trend Analysis

Chapter 7. Tobacco Market: Regional Estimates & Trend Analysis

Chapter 8. Competitive Landscape

List of Tables

List of Figures