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Tobacco Market: Size, Share, Outlook, and Global Opportunity Analysis, 2019-2026

Global Tobacco Market is expected to reach $1,012.19 billion by 2026 growing at a CAGR of 4.8 % during the forecast period.

PUNE, MAHARASHTRA, INDIA, December 9, 2019 /EINPresswire.com/ -- Tobacco Industry

Description

Introduction of numerous premium tobacco products such as flavoured, long and skinny, coloured and e-cigarettes by the manufacturers are some of the major factors boosting the market growth. However, availability of traditional nicotine replacement therapies such as gum, patches, and lozenges, which help alleviate cravings and higher levels of education along with rising awareness about health concerns related to tobacco consumption such as different types of cancers, cardiovascular diseases, pulmonary diseases, etc. are the restraining factors for the market growth. Moreover, increasing frequency of new flavor launches in hookah tobacco and the rapid emergence of online retail of hookah tobacco will provide ample opportunities for the market growth.

Tobacco is the common name of several plants in the Nicotiana genus and the Solanaceae (nightshade) family, and the general term for any product prepared from the cured leaves of the tobacco plant. Tobacco contains a colourless volatile alkaloid, nicotine, which is responsible for stimulating brain functions, increasing blood pressure, constricting peripheral blood vessels and raising heart rate. Dried tobacco leaves are majorly used for smoking in cigarettes, cigars, pipes and shisha; and as chewing tobacco, snuff, snus and dipping tobacco.

By type, cigarettes growth is due to the surging population and tax regulations in developing countries. By geography, Asia Pacific is estimated to have a lucrative growth in the forecast period mainly due to an increase in the production of these Tobacco leaves in the region.

Some of the key players in this market include Hongyunhonghe Tobacco (Group) Co., Japan Tobacco Inc., Reynolds American Inc., Philip Morris International Inc., British American Tobacco p.l.c. (BAT), Ltd., Imperial Brands PLC and Altria Group, Inc.

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Types Covered:
• Pipes
• Nicotine Replacement Therapy
• Shishas or Hookahs and Mouassal
• Smokeless Tobacco
• Smoking Tobacco
• Roll Your Own
• Cigars
• Cigarettes
• Other Types

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:


All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


Table of Content

1 Executive Summary

2 Preface

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 Porters Five Force Analysis

5 Global Tobacco Market, By Type

6 Global Tobacco Market, By Geography

7 Key Developments

8 Company Profiling
8.1 Hongyunhonghe Tobacco (Group) Co.
8.2 Japan Tobacco Inc.
8.3 Reynolds American Inc.
8.4 Philip Morris International Inc.
8.5 British American Tobacco p.l.c. (BAT), Ltd.
8.6 Imperial Brands PLC
8.7 Altria Group, Inc.

Continued...

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