GCC Cigarette Market Report 2023, Industry Trends, Demand, Growth Rate and Forecast 2028

The latest report by IMARC Group, titled "GCC Cigarette Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The GCC cigarette market size reached US$ 13.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.

Cigarettes are slender, cylindrical rolls of finely cut tobacco leaves enclosed in a thin paper. They are a widely recognized and commonly consumed product globally, predominantly for recreational smoking. When lit at one end, cigarettes produce smoke, which is inhaled by the smoker. This inhalation delivers nicotine, the principal addictive compound in tobacco, into the bloodstream, resulting in a temporary sense of relaxation and pleasure. Cigarettes come in various brands, each with its unique blend of tobacco and flavors, offering a wide range of choices to consumers. While cigarettes have long been associated with social and personal rituals, they are also linked to a range of health risks, including lung cancer, heart disease, and respiratory ailments. As such, public health initiatives, regulations, and smoking cessation programs have been implemented to address the potential harm caused by cigarette smoking. At present, cigarettes are gaining immense traction across the GCC countries due to rising cultural and social acceptance and the availability of a wide range of tobacco products catering to diverse preferences.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/gcc-cigarette-market/requestsample

GCC Cigarette Market Trends and Drivers:

The GCC cigarette market is primarily driven by the rising demand for cigarettes due to high income levels and a culturally accepted tradition of smoking in the region. Apart from this, the rapid expansion of the tourism industry in countries like the UAE and Saudi Arabia that attracts visitors who may purchase cigarettes is propelling market growth. Moreover, the availability of various cigarette brands, including premium and international ones that cater to diverse consumer preferences, has catalyzed market growth. Additionally, the absence of high taxes or excise duties on tobacco products in some GCC countries, compared to other parts of the world, has augmented its demand. Besides this, ongoing marketing efforts by tobacco companies, despite increasing health awareness that influences smoking behavior in the region, are fueling market growth. Furthermore, several social and cultural factors, such as the prevalence of shisha smoking and social gathering that influence cigarette consumption patterns, is contributing to market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

Light
Medium
Others

Breakup by Distribution Channel:

Tobacco Shops
Supermarket and Hypermarkets
Convenience Stores
Online Stores
Others

Breakup by Country:

Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain

Explore Full Report with TOC: https://www.imarcgroup.com/gcc-cigarette-market

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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