The tobacco industry comprises establishments carrying out stemming and redrying of tobacco and companies manufacturing cigarettes and other tobacco products. E-cigarettes are not included in this industry.
The top five companies covered are Philip Morris International Inc., Imperial Tobacco, Altria Group Inc, British American Tobacco and Japan Tobacco Inc. Philip Morris International Inc. was the largest company in the market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global tobacco products market was valued at $562 billion in 2017. Asia Pacific was the largest region in the tobacco market in 2017, accounting for around 49% market share. China was the largest country accounting for above 28% market share.
Cigarette manufacturers are offering innovative cigarettes such as smokeless cigarettes as an alternative to conventional cigarettes. Smokeless cigarettes do not burn the tobacco; instead heat the tobacco just enough to create a smokeless vapor that imparts the flavor of tobacco. Smokeless cigarettes are less harmful and can also help people to quit smoking altogether.
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