The cigarettes, cigars & cigarillos market includes establishments involved in manufacturing cigarettes, bidis, cigars, cigarillos and other rolled-cigarette products. There are a large number of cigarette manufacturing companies and widespread availability of cigarettes in both developed and developing countries.
Cigarettes, Cigars and Cigarillos Global Market Size
The global cigarettes, cigars and cigarillos market was valued at $508.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $248.7 billion or 48.9% of the global market. China was the largest country accounting for $144.9 billion or 28.5% of the global cigarettes, cigars and cigarillos market.
Cigarettes, Cigars and Cigarillos Global Market Trend
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. They are less harmful and can also help people to quit smoking altogether. In 2016, Philip Morris International, the world’s largest cigarette and Tobacco Company, launched iQOS smokeless cigarettes.
The companies covered are Altria Group Inc, Imperial Brands, Habanos S A, Swisher International Inc, and British American Tobacco.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Cigarettes, Cigars and Cigarillos Global Market Segmentation
The cigarettes, cigars & cigarillos market is segmented into Cigarettes; Cigars And Cigarillos.
Cigarettes segment includes establishments primarily engaged in production of only cigarettes.
Cigars And Cigarillos segment includes primarily engaged in production of only cigars And cigarillos.