Press release
Roll-Your-Own Tobacco Product Market Update Report 2024| Industry Trends, Demand, Leading Companies and Segmentation till 2031/ Altria Group, Inc., Imperial Brands PLC, Philip Morris International, Japan Tobacco Inc.
Global roll-your-own tobacco product market is anticipated to grow at a moderate CAGR of 4.6% during the forecast period (2024-2031). High tobacco usage necessitates regulatory interventions and public health initiatives to address tobacco-related harm. Governments implement taxation policies, advertising restrictions, health warnings, and access controls to influence market dynamics. According to the World Health Organization, in July 2023, tobacco use is prevalent in low- and middle-income countries, with approximately 80.0% of the global tobacco users residing in these regions. As of 2020, the overall tobacco usage rate stood at 22.3% of the world's population, with 36.7% of men and 7.8% of women using tobacco productsThe US's high healthcare costs owing to smoking-related diseases highlight the need for regulatory interventions to reduce tobacco use. Tobacco use has been identified as a significant contributor to various health issues in the US. According to the Centers for Disease Control and Prevention (.gov), In November 2023, approximately 28.3 million adults in the US are cigarette smokers, while around 2.8 million middle and high school students use tobacco products, including e-cigarettes. Tragically, smoking or exposure to secondhand smoke leads to the premature death of nearly half a million Americans annually, with an additional 16.0 million individuals living with serious smoking-related illnesses. Furthermore, the US invests over $225.0 billion each year in medical care for the treatment of smoking-related diseases in adults.
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Product
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Altria Group, Inc., Imperial Brands PLC, Philip Morris International, Japan Tobacco Inc., and Scandinavian Tobacco Group A/S, among others.
Roll-Your-Own Tobacco Product Market Report Segment
By Product
RYO-Tobacco
Rolling Paper and Cigarette Tubes
Injector
Filter and Paper Tip
By Distribution Channel
Offline
Online
A full Report of Roll-Your-Own Tobacco Product Market is Available @ https://www.omrglobal.com/industry-reports/roll-your-own-tobacco-product-market
Roll-Your-Own Tobacco Product Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Shine Brand Seeds
BAT Ggroup coCo.
Curved Papers, Inc.
Eastern Company S.A.E
HBI International
Imperial Brands plc
Inter-continental Trading USA Inc.
Japan Tobacco Inc.
Karelia Tobacco Company Inc.
KOMPASS INTERNATIONAL.
KT&G Corp.
Mac Baren Tobacco Co.
Philip Morris International
Republic Brands
Reynolds American Inc.
Scandinavian Tobacco Group A/S
Swedish Match Group
VST Industries Ltd.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/roll-your-own-tobacco-product-market
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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