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PUBLISHER: IMARC | PRODUCT CODE: 1287407
PUBLISHER: IMARC | PRODUCT CODE: 1287407
Menthol Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 141 Pages
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Market Overview:
The global menthol cigarette market size reached US$ 92.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 108.7 Billion by 2028, exhibiting a growth rate (CAGR) of 2.7% during 2023-2028.
A menthol cigarette is a cylindrical roll of ground or shredded tobacco that is mixed together with menthol flavoring. Menthol is a chemical compound that is produced from mint plants, such as spearmint and peppermint. It is usually added in cigarettes to give a cooling sensation and reduce the harshness of the smoke for the consumer. It also has anesthetic effects and can aid in suppressing the cough reflex by soothing dry throats. In certain variants, menthol is present in small quantities within or near the cigarette filter to release a burst of flavor while smoking.
The rapid urbanization across the globe is one of the key factors driving the growth of the market. Owing to sedentary lifestyle habits and hectic schedules, working professionals are increasingly consuming cigarettes to relieve stress and relax their nerves. Menthol cigarettes offer a cooling sensation, sensory excitation and fresh flavor, which provides relief and makes the user more habitual to the flavor. Additionally, the introduction of flavorless cigarettes with small menthol capsules and menthol cigarettes with an additional capsule is also providing a boost to the market growth. These capsules enable the user to manipulate the intensity of the flavor as per their choice. Apart from this, other product innovations, including the development of low-tar cigarettes and ultra-long and ultra-slim variants for female consumers, are also contributing to the market growth. Other factors, such as the rising number of smokers, including the young and female population, and aggressive promotional activities by manufacturers through social media platforms, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global menthol cigarette market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on capsule type, end-user, size and distribution channel.
Breakup by Capsule Type:
- Single Capsule Menthol Cigarette
- Double Capsule Menthol Cigarette
Breakup by End-User:
- Male
- Female
Breakup by Size:
- King Size
- 100s
- Others
Breakup by Distribution Channel:
- Supermarkets
- Hypermarkets
- Online Retailers
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Alfred Dunhill Ltd, Altria Group, British American Tobacco p.l.c., China National Tobacco Corporation, Commonwealth Brands, Inc., Essentra plc, Imperial Brands PLC, Japan Tobacco Inc., KT&G Corporation, Liggett Vector Brands LLC, Reynolds American Inc and Philip Morris International Inc.
Key Questions Answered in This Report:
- What is the expected growth rate of the global menthol cigarette market 2023-2028?
- What has been the impact of COVID-19 on the global menthol cigarette market?
- What are the key factors driving the global menthol cigarette market?
- What is the breakup of the global menthol cigarette market based on the capsule type?
- What is the breakup of the global menthol cigarette market based on the distribution channel?
- What is the breakup of the global menthol cigarette market based on the end-user?
- What are the key regions in the global menthol cigarette market?
- Who are the key players/companies in the global menthol cigarette market?
Product Code: SR1623A108_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Menthol Cigarette Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Capsule Type
- 6.1 Single Capsule Menthol Cigarette
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Double Capsule Menthol Cigarette
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End-User
- 7.1 Male
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Female
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Size
- 8.1 King Size
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 100s
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Distribution Channel
- 9.1 Supermarkets
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Hypermarkets
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Online Retailers
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Alfred Dunhill Ltd
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.2 Altria Group
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 British American Tobacco p.l.c.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 China National Tobacco Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Commonwealth Brands, Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Essentra PLC
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 Imperial Brands Plc
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Japan Tobacco Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 KT&G Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Liggett Vector Brands LLC
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Reynolds American Inc
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Philip Morris International Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Alfred Dunhill Ltd
Product Code: SR1623A108_Report
List of Figures
- Figure 1: Global: Menthol Cigarette Market: Major Drivers and Challenges
- Figure 2: Global: Menthol Cigarette Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Menthol Cigarette Market: Breakup by Capsule Type (in %), 2022
- Figure 4: Global: Menthol Cigarette Market: Breakup by End-User (in %), 2022
- Figure 5: Global: Menthol Cigarette Market: Breakup by Size (in %), 2022
- Figure 6: Global: Menthol Cigarette Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Menthol Cigarette Market: Breakup by Region (in %), 2022
- Figure 8: Global: Menthol Cigarette Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 9: Global: Menthol Cigarette (Single Capsule Menthol Cigarette) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Menthol Cigarette (Single Capsule Menthol Cigarette) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Menthol Cigarette (Double Capsule Menthol Cigarette) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Menthol Cigarette (Double Capsule Menthol Cigarette) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Menthol Cigarette (Male) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Menthol Cigarette (Male) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Menthol Cigarette (Female) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Menthol Cigarette (Female) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Menthol Cigarette (King Size) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Menthol Cigarette (King Size) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Menthol Cigarette (100s) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Menthol Cigarette (100s) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Menthol Cigarette (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Menthol Cigarette (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Menthol Cigarette (Supermarkets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Menthol Cigarette (Supermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Menthol Cigarette (Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Menthol Cigarette (Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Menthol Cigarette (Online Retailers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Menthol Cigarette (Online Retailers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Menthol Cigarette (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Menthol Cigarette (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: North America: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: North America: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: United States: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: United States: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Canada: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Canada: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Asia Pacific: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Asia Pacific: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: China: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: China: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Japan: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Japan: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: India: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: India: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: South Korea: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: South Korea: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Australia: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Australia: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Indonesia: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Indonesia: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Others: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Others: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Europe: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Europe: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Germany: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Germany: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: France: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: France: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: United Kingdom: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: United Kingdom: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Italy: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Italy: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Spain: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Spain: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Russia: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Russia: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Others: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Others: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Latin America: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Latin America: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Brazil: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Brazil: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Mexico: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Mexico: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Others: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Others: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Middle East and Africa: Menthol Cigarette Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Middle East and Africa: Menthol Cigarette Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Global: Menthol Cigarette Industry: SWOT Analysis
- Figure 80: Global: Menthol Cigarette Industry: Value Chain Analysis
- Figure 81: Global: Menthol Cigarette Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Menthol Cigarette Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Menthol Cigarette Market Forecast: Breakup by Capsule Type (in Million US$), 2023-2028
- Table 3: Global: Menthol Cigarette Market Forecast: Breakup by End-User (in Million US$), 2023-2028
- Table 4: Global: Menthol Cigarette Market Forecast: Breakup by Size (in Million US$), 2023-2028
- Table 5: Global: Menthol Cigarette Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 6: Global: Menthol Cigarette Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Menthol Cigarette Market: Competitive Structure
- Table 8: Global: Menthol Cigarette Market: Key Players
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