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Published: Jul, 2018 | Pages:
43 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global tobacco market size is expected to reach USD 694.47 billion by 2021, according to a new study by Grand View Research, Inc., exhibiting a 2.8% CAGR from 2016 to 2021. The tobacco industry comprises a handful of players that grow, sell, and distribute tobacco-related products in the market. Advanced technologies have assisted the tobacco industry in automating manufacturing processes, in contrast to traditional manufacturing techniques that were labor dependent. Automation has also helped market players to grow in terms of profitability as the cost of labor was being saved. The global tobacco market is struggling due to ongoing restraints put by governments around the world on grounds of health issues, resulting in high taxes and unfavorable regulations. Tobacco manufacturing companies cannot market their products and are obligatory to issue health warnings on product packaging. Rising health awareness, stricter government regulations on tobacco products, and increasing popularity of substitutes are adversely affecting market growth. Moreover, with tobacco manufacturers increasing the per unit price of cigarettes and other tobacco products due to increased tax, consumers are shifting preference to value-for-money products. This will also take its toll on industry growth. Further key findings from the report suggest: • Cigarettes account for the largest share in the global tobacco market in terms of both revenue and sales. In 2016, the segment amounted to USD 562.61 billion, equivalent to 93.0% of the market's overall value • The China market is anticipated to expand at a revenue-based CAGR of 2.6% from 2016 to 2021, while demand is also expected to witness a modest rise • Key industry participants include Altria Group, Inc.; Reynolds American Inc.; Hongyunhonghe Tobacco (Group) Co.; British American Tobacco p.l.c. (BAT), Ltd.; Japan Tobacco Inc.; Imperial Brands PLC; and Philip Morris International Inc.
Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary Chapter 3 Industry Outlook 3.1 Market Segmentation &Scope 3.2 Industry Analysis - Porter's 3.2.1 Bargaining power of buyer 3.2.2 Bargaining power of supplier 3.2.3 Threat of new entrants 3.2.4 Threat of substitutes 3.2.5 Degree of rivalry Chapter 4 Tobacco: Type Estimates & Trend Analysis 4.1 Tobacco market by type Chapter 5 Tobacco: Regional Estimates & Trend Analysis 5.1 Tobacco market, by geography 5.2 U.S. 5.2.1 U.S. Tobacco market 5.2.2 U.S. Tobacco, by type 5.3 Canada 5.3.1 Canada Tobacco market 5.3.2 Canada Tobacco, by type 5.4 U.K. 5.4.1 U.K. Tobacco market 5.4.2 U.K. Tobacco, by type 5.5 China 5.5.1 China Tobacco market 5.5.2 China Tobacco, by type Chapter 6 Competitive Landscape 6.1 Altria Group, Inc. 6.1.1 Company overview 6.1.2 Financial performance 6.2 British American Tobacco p.l.c. (BAT) 6.2.1 Company overview 6.2.2 Financial performance 6.3 Hongyunhonghe Tobacco (Group) Co., Ltd. 6.3.1 Company overview 6.4 Imperial Brands PLC 6.4.1 Company overview 6.4.2 Financial performance 6.5 Japan Tobacco Inc. 6.5.1 Company overview 6.5.2 Financial performance 6.6 Philip Morris International Inc. 6.6.1 Company overview 6.6.2 Financial performance 6.7 Reynolds American Inc. 6.7.1 Company overview 6.7.2 Financial performance
List of Tables TABLE 1 Global tobacco market, by revenue 2012 - 2021 (USD billion) TABLE 2 Global tobacco market, by volume, 2012 - 2021 (Billion Pieces) TABLE 3 Global Tobacco market by type, 2016 (USD billion) TABLE 4 Global Tobacco market by geography, 2016 (USD billion) TABLE 5 U.S. Tobacco market, by revenue 2012 - 2021 (USD billion) TABLE 6 U.S. Tobacco market, by volume 2012 - 2021 (billion pieces) TABLE 7 U.S. Tobacco, by type 2016 TABLE 8 Canada Tobacco market, by revenue 2012 - 2021 (USD billion) TABLE 9 Canada Tobacco market, by volume 2012 - 2021 (billion pieces) TABLE 10 Canada Tobacco, by type 2016 TABLE 11 U.K. Tobacco market, by revenue 2012 - 2021 (USD billion) TABLE 12 U.K. Tobacco market, by volume 2012 - 2021 (billion pieces) TABLE 13 U.K. Tobacco, by type 2016 TABLE 14 China Tobacco market, by revenue 2012 - 2021 (USD billion) TABLE 15 China Tobacco market, by volume 2012 - 2021 (billion pieces) TABLE 16 China Tobacco, by type 2016
List of Figures FIG. 1 Market segmentation & scope FIG. 2 Global tobacco market, player market share, by value 2016 FIG. 3 Global Tobacco, by geography, percentage share, 2016 FIG. 4 U.S. Tobacco market distribution in 2016 FIG. 5 Canada Tobacco market distribution in 2016 FIG. 6 U.K. Tobacco market distribution in 2016 FIG. 7 China Tobacco by market distribution in 2016
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