BUSINESS: Asia $617.4 Billion Cigarette Market Trends & Forecasts Up To 2025

dWeb.News Article from Daniel Webster dWeb.News

dWeb.News Article from Daniel Webster dWeb.News

Daniel Webster, dWeb.News Publisher

DUBLIN, Oct. 14, 2021 /PRNewswire/ — The “Asian Cigarette Market (China, Japan, India, Indonesia, Malaysia, Philippines & Korea): Insights, Trends & Forecast (2021-2025)” report has been added to ResearchAndMarkets.com’s offering.

Asian cigarette market is forecasted to reach US$617. 40 billion in 2025, experiencing growth at a CAGR of 5. 61%

Growth in the Asian cigarette market by value was due to increase in youth population, increase in female smokers and the increase in the stress level experienced by the people encouraging more people to smoke, inflation and the increase in gross domestic income driving the prices of the cigarettes thereby increasing the cigarette market value.

However, market growth will be slowed by the increasing use of illegal cigarette and next-generation products, as well as a decrease in habitual smokers.

Asia cigarette market volume is expected to reach 2. 99 trillion in 2025, experiencing a decline during the period spanning from 2021 to 2025. The decline in volume of Asian cigarettes was caused by increasing awareness about health issues that are driving people to quit smoking, rise in demand for alternative products such as NGP, education and an increase in prices. The market will experience certain trends, such as an increase in the use of flavored cigarettes and increased advertising campaigns. In 2020, the dominant share of market was held by China followed by Indonesia, Japan, India, Korea, Philippines, Malaysia and Rest of Asia.

Scope of the report

The report provides a comprehensive analysis of the Asian cigarette market with potential impact of COVID-19.
The major regional markets (China, Indonesia, Japan, India, Korea, Philippines, Malaysia and Rest of Asia) have been analyzed.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (China Tobacco International (HK) Company Limited, ITC, Philip Morris International, British American Tobacco, Japan Tobacco International, Imperial Tobacco) are also presented in detail.

Key Topics Covered:

1. Market Overview
1.1 Cigarette
1.1.1 Cigarette – Introduction
1.1.2 Cigarette – Major Components
1.1.3 Cigarette – Construction
1.1.4 Health Hazards of Cigarette Smoking
1.2 Types of Cigarettes

2. Market Analysis
2.1 Asia Cigarette Market by Value
2.2 Asia Cigarette Market Forecast by Value
2.3 Asia Cigarette Market Value by Country
2.4 Asia Cigarette Market by Volume
2.5 Asia Cigarette Market Forecast by Volume
2.6 Asia Cigarette Market Volume by Region

3. Asia Regional Market
3.1 China
3.1.1 China Cigarette Market Forecast by Value
3.1.2 China Cigarette Market by Volume
3.1.3 China Cigarette Market Forecast by Volume
3.1.4 China Cigarette Market Volume by Type
3.1.5 China Economy Cigarette Market by Volume
3.1.6 China Mid-Priced Cigarette Market by Volume
3.1.7 China Premium Cigarette Market by Volume
3.2 Japan
3.3 Indonesia
3.4 Malaysia
3.5 India
3.6 Korea
3.7 Philippines

4. Market Dynamics
4.1 Growth Drivers
4.1.1 Upsurge in Urban Population
4.1.2 Increasing Disposable Income
4.1.3 Escalating Stress Issues
4.1.4 Rising Female Population
4.1.5 Swelling Youth Population
4.2 Key Trends & Developments
4.2.1 Increasing Preference for Flavoured Cigarettes
4.2.2 Advancements in Convenience Stores
4.3 Challenges
4.3.1 Increasing Alternatives for Traditionally Smoking
4.3.2 Illicit Cigarette Penetration
4.3.3 Decline of Habitual Smokers

5. Competitive Landscape
5.1 Asia Market
5.1.1 Revenue Comparison- Key Players
5.1.2 Market Capitalization Comparison- Key Players
5.1.3 Research & Development Expenses Comparison- Key Players

6. Company Profiles
6.1 Business Overview
6.2 Financial Overview
6.3 Business Strategies

China Tobacco International (HK) Company Limited
ITC Limited
Imperial Tobacco
Japan Tobacco International
Philip Morris International
British American Tobacco

For more information about this report visit https://www.researchandmarkets.com/r/vt2y4a

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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