Kretek Market is estimated to reach USD 18.55 billion by 2030 : Cognitive Market Research

Market Overview:
- What is Kretek?
Kretek is a type of cigarette that originated in Indonesia. It is made by blending tobacco with cloves and other flavorings and then rolling it into a cigarette. The word "kretek" comes from the sound that the cigarette makes when it is lit and smoked.
Kretek cigarettes are popular in Indonesia and other Southeast Asian countries, and they are also exported to other parts of the world. They have a unique taste and aroma, which is attributed to the cloves and other spices that are added to the tobacco blend.

Summary:
- The Global Kretek Market size stood at USD 14.88 billion in 2022 and will touch the mark of USD 18.55 billion by 2030. The global market is expected to expand at a CAGR of 4% between 2023 and 2030.

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Market Dynamics:
• What are the driving factors for the Kretek market?
The Kretek market is driven by a combination of cultural, social, economic, and marketing factors. Culturally, kretek cigarettes are deeply ingrained in Indonesian culture, where they are associated with traditional and religious ceremonies, and viewed as a symbol of national pride and identity. Socially, kretek smoking is often used as a way to socialize and bond with others and is a part of social gatherings such as weddings and celebrations. The economic contribution of the Kretek market to Indonesia's economy is significant, with the production and sale of Kretek cigarettes providing employment to thousands of people and contributing to the country's GDP. Supporting industries such as clove farming have also grown due to the demand for kretek cigarettes.

Kretek Market Segmentation
Type
• Machine made Clove Cigarettes
• Hand rolled Clove Cigarettes

Application
• Male Segment
• Female Segment
Based on applications, the market is segmented into the Male segment and the Female segment. The highest market share is generally held by male consumers, although there is also a significant market share for female consumers. In Indonesia, where the kretek market is the largest, both male and female consumers smoke kretek cigarettes. However, male consumers tend to be the primary consumers of kretek cigarettes, as smoking is often seen as a part of traditional masculinity and social status in many cultures.

The Major Players in Kretek Market are:
British American Tobacco, Djarum, Gudang Garam, Japan Tobacco, KT & G, PHILIP MORRIS

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Regional Analysis:
• Which region is dominating the global Kretek market?
On the basis of region, Asia-Pacific is dominating the global kretek market. The Asia-Pacific region is the largest and most significant market for kretek cigarettes. The market is dominated by Indonesia, which is the world's largest producer and consumer of kretek cigarettes. Kretek cigarettes have a long history in Indonesian culture and are often associated with traditional and religious ceremonies. Kretek smoking is also a part of social life in Indonesia and is viewed as a symbol of national pride and identity. The economic contribution of the kretek market to Indonesia's economy is significant, with the production and sale of kretek cigarettes providing employment to thousands of people and contributing to the country's GDP.

Kretek Industry News
• Japan Tobacco to buy Indonesian 'kretek' cigarette firms for $677 million (December 2020)
Japan Tobacco Inc on Friday said it has agreed to buy an Indonesian maker of "kretek" tobacco and clove cigarettes, together with its distributor, for $677 million, giving it a bigger footprint in the world's second-largest tobacco market.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Kretek Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Kretek Market Segmentation
1.5.1 Kretek Market Regional Fragmentation
1.5.1 Kretek Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Kretek Market
Chapter 4 Global Kretek Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Kretek Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Kretek Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Kretek Market Regional Analysis
Chapter 12 North America Kretek Market Outlook (2018 - 2030)
Chapter 13 Europe Kretek Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Kretek Market Outlook (2018 - 2030)
Chapter 15 Latin America Kretek Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Kretek Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)

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