NEW YORK, Oct. 26, 2021 /PRNewswire/ -- The tobacco market size is expected to increase by USD 146.50 bn from 2021 to 2025, registering a CAGR of 3.51%, according to the latest research report from Technavio. This report provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The tobacco market is segmented by end-user (combustible tobacco and smokeless tobacco) and geography (APAC, Europe, North America, MEA, and South America).
The tobacco market report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing new product launches.
Flavored Cigar Market: The flavored cigar market has been segmented by type (machine-made and hand-rolled), flavor (fruit-flavored cigar, alcohol- and non-alcohol-flavored cigar, and others), and geography (North America, Europe, APAC, MEA, and South America). Download Free Sample Report
E-cigarette Market in UK: The e-cigarette market in UK has been segmented by product (modular e-cigarettes, rechargeable e-cigarettes, and disposable e-cigarettes) and distribution channel (offline and online). Download Free Sample Report
Tobacco Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 3.51%
Market growth 2021-2025
USD 146.50 billion
YoY growth (%)
APAC, Europe, North America, MEA, and South America
Performing market contribution
APAC at 55%
Key consumer countries
China, US, Germany, Japan, and UK
Leading companies, competitive strategies, consumer engagement scope
Altria Group Inc., British American Tobacco Plc, Djarum, Imperial Brands Plc, JT International SA, Philip Morris International Inc., Poschl Tabak GmbH and Co. KG, Pyxus International Inc., Scandinavian Tobacco Group AS, and Vector Group Ltd.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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