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Global Cigarette Markets to 2023 - ResearchAndMarkets.com

September 6, 2018
The “Global Cigarette Market - Segmented by Product Category, Tobacco Type , Distribution Channel , End User and Geography - Growth, Trends and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.The global cigarette market is expected to register a CAGR of 6.4% during the forecast period 2018-2023.The cigarette industry is majorly influenced by changing government regulations related cigarette products. For example, in Japan, the Tokyo Metropolitan Assembly passed an ordinance considering preparation for 2020 Olympics which bans smoking inside 84% of the city’s bars and restaurants which would control smoking at roughly 45% of national bars and restaurants.Globally, few key players in cigarette holds significant market share and some of them are slowly shifting their product portfolio from cigarette to e-cigarette and various smokeless tobacco products and devices. For instance, Philip Morris International (PMI), one of the key player in cigarette industry has made big decision to eventually stop selling cigarettes altogether in order to achieve a smoke-free future.Notable HighlightsTobacco Control Interventions to Restrain the Market GrowthLight Cigarettes to Witness Fastest Growth during the Forecast PeriodGrowing Consumption of E-cigarettes to Impact Market Growth in Asia-Pacific

Key Developments in the Cigarette Market

Philip Morris International Inc. takes another step towards a smoke-free future through a strategic collaboration with Parallax, a Canadian-based start-up. The agreement focuses on advancing the development and commercialization of an effective nicotine-delivery system that leverages the most advanced technologies in pulmonary medicine.Imperial Tobacco is set to expand its crushball range with the addition of JPS Player’s Superkings Crushball and L&B Blue Ice Crushball Superkings.

Key Topics Covered

1. Introduction

2. Cigarette Market Insights

3. Cigarette Market Dynamics

4. Cigarette Market Segmentation

5. Cigarette Market by Geography

6. Cigarette Market Competitive Landscape

7. Company Profiles

China National Tobacco CorporationPhillip Morris InternationalJapan Tobacco InternationalBritish America TobaccoImperial Tobacco GroupAltria Group Inc.Godfrey Phillips India Ltd. Landewyck Tobacco S.A.SPS CigaronneITC LimitedAustria Tabak GmbH & Co. KGGallaher Group

For more information about this report visit https://www.researchandmarkets.com/research/8mkh79/global_cigarette?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180906005507/en/

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Related Topics:Tobacco

KEYWORD:

INDUSTRY KEYWORD: RETAIL TOBACCO

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/06/2018 08:57 AM/DISC: 09/06/2018 08:57 AM

http://www.businesswire.com/news/home/20180906005507/en

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