openPR Logo
Press release

Global Tobacco Market 2017 - China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International, Imperial Tobacco Group

10-05-2017 09:09 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Global Tobacco Market 2017 - China National Tobacco

The global tobacco market has been witnessing a steady growth. This can be attributed to the growing cigarette consumption in low and middle-income countries on account of wide product range, investments in R&D, lax government regulations, etc.

Request sample report @ http://www.imarcgroup.com/request?type=report&id=589&flag=B

According to the latest report by IMARC Group titled, “Tobacco Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global tobacco market reached a volume of 7 Million Tons in 2016, growing at a CAGR of nearly 2% during 2009-2016. Prepared from the leaves of the plant named N. Tebacum belonging to the Solanacaea family of the Nicotine genus, tobacco is either chewed, smoked or taken as snuff. Currently, the market is experiencing significant changes in the prevalence and consumption patterns of tobacco products, particularly cigarettes. The consumption of tobacco in the developed markets continues to fall owing to a decline in the smoking rates, however, the market is anticipated to get a boost from the developing economies.

Highlights of the global tobacco market:

Rising consumption of cigarettes is driving the global tobacco market.

Cigarettes represent the most popular product type.

China is the largest producer and consumer of tobacco products.

On account of increasing awareness about the harmful effects of cigarette smoking and stringent government regulations, the demand for tobacco-based products in the developed regions has been declining significantly. However, the manufacturers have been able to increase value growth owing to several of factors. An increase in the number of both, male and female smokers, in the emerging markets such as India and China, remains the key growth inducing factor. As a result of rising population, lack of awareness about the harmful effects of tobacco, unemployment, etc., the market is experiencing a stable growth in these regions. A trend of smoking expensive tobacco has also emerged amongst the elite and adolescents which is further driving the market. Sales of tobacco products have also been propelled due to its addictive nature, a wide product variety and a strong hold of the tobacco companies in the market. According to the report, the market is expected to reach a volume of around 9 Million Tons by 2022.

Read full report with TOC @ http://www.imarcgroup.com/tobacco-processing-plant

On the basis of product type, the market has been segmented into cigarettes, roll-your-own, cigars, cigarillos, smokeless tobacco, etc. wherein cigarettes account for more than three-fourths of the total share. Region-wise, China accounts for nearly a half of the market. Other major regions include India, Brazil, United States, European Union and others. On analyzing of the competitive landscape of the market, it is found that China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International and Imperial Tobacco Group are the key players.

Browse related reports :

Cigarette Market: http://www.imarcgroup.com/cigarette-manufacturing-plant

Cigarette Lighter Market: http://www.imarcgroup.com/cigarette-lighter-manufacturing-plant

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.Global Cigarette Lighter Market

Contact us

IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Tobacco Market 2017 - China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International, Imperial Tobacco Group here

News-ID: 756245 • Views: 375

More Releases from IMARC Group

Top Mayonnaise Companies - IMARCGroup
Rapid urbanization, inflating income levels and increasing fast-food chains have catalyzed the demand for mayonnaise around the world. As a result, manufacturers are introducing innovative regional as well as international flavors, such as Italian herb, spicy chipotle, mint, basil, pesto, ranch, sriracha, tandoori and tangy pickle, to cater to the diversified tastes and preferences of a vast consumer base. Request to get Sample Report: https://www.imarcgroup.com/prefeasibility-report-mayonnaise-manufacturing-plant/requestsample Owing to the growing health consciousness,
Sorbitol Market Report 2019-2024 | Global Industry Key players: Roquette Frères …
The global sorbitol market has grown at a stable rate over the past few years. This can be accredited to the several applications of sorbitol in a wide array of industries. Additionally, growing health awareness has escalated the demand for low-calorie food products among the consumers, thereby fuelling the market growth. Request for a sample copy of this report: https://www.imarcgroup.com/global-sorbitol-glucitol-market/requestsample Sorbitol is a kind of sugar alcohol which occurs naturally in plants
Top API Companies: Active Pharmaceutical Ingredients
Active pharmaceutical ingredients (APIs) refer to the components that are biologically active within the drug and are responsible for the desired effect on the individuals. These ingredients are manufactured through a variety of processes, including chemical synthesis, recombinant DNA, fermentation processes, and isolation and recovery from natural sources. With the rapid expiration of patented blockbuster drugs, there has been a rise in the demand for generic APIs worldwide. According to
Lip Care Products Market Report 2019-2024 | Global Industry Key players: L’Or …
Lip care has become an essential part of the day-to-day personal-care regime as the skin on lips is thinner due to which it is easier for them to crack and chap quickly. The products which are manufactured for the purpose of lip care offer nourishment and protection to the lips against drying effects and dust. Lip care products are manufactured by using various raw materials such as beeswax, flavours, dyes,

All 5 Releases


More Releases for Tobacco

Market Analysis of Tobacco Products Global Industry Insights - Philip Morris Int …
The tobacco industry comprises establishments carrying out stemming and re-drying of tobacco and companies manufacturing cigarettes and other tobacco products. 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. Smokeless cigarettes are less harmful and can also help people
Advanced Technologies| Smoking Tobacco in Denmark, 2019: STGD, Mac Baren Tobacco …
Researchmoz added Most up-to-date research on "Smoking Tobacco in Denmark, 2019" to its huge collection of research reports. Smoking Tobacco in Denmark, 2019 Summary "Smoking Tobacco in Denmark, 2019", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Danish tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects,
Global Hookah Tobacco Market 2018 - Alchemist Tobacco, Al-Tawareg Tobacco, Haze …
The Global Hookah Tobacco Market 2018 research report presents an in-depth research of the Global Hookah Tobacco Sales Market alongside the Hookah Tobacco market size and growth rate, classification of the Hookah Tobacco industry based on products, and leading Hookah Tobacco industry players as well. The Hookah Tobacco industry report summarizes the global market insights that are key drivers for growth of the Hookah Tobacco sales market over the forecast
Tobacco Company Profile-KT&G
"Tobacco Company Profile-KT&G", is an analytical company report by Publisher that provides extensive and highly detailed current and future market trends in the cigarette market. It covers company size and structure along with brand data, retail pricing, prospects, and forecasts for sales and consumption. KT&G is the leading challenger to the big four cigarette companies. Originally the national tobacco company of South Korea, KT&G has conducted a large global expansion in
Tobacco Insights: August 2017
The Report Tobacco Insights: August 2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" "Tobacco Insights: August 2017", is a monthly report by GlobalData which provides extensive and highly detailed information on the changing production and consumption patterns of the tobacco industry globally, encompassing new laws and regulations, company news, and changes in consumer behavior. It covers recent activities of the manufacturers
Smokeless Tobacco in Belgium, 2017
ReportsWorldwide has announced the addition of a new report title Smokeless Tobacco in Belgium, 2017 to its growing collection of premium market research reports. "Smokeless Tobacco in Belgium, 2017" is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Belgian tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail