Global Cigarettes, Cigars and Cigarillos Manufacturing Market- Ken Research
A cigarette is a narrow cylinder containing psychoactive material, made of a thin paper including shredded or ground tobacco. A cigar is a rolled bundle of dried & fermented tobacco leaves made to be smoked while cigarillo is a short & narrow cigar. Most modern manufactured cigarettes are filtered whereas cigars and cigarillo are made without filters. These are of different sizes, lengths, and thicknesses. These are ignited at one end & allowed to smoulder. They give a feeling of success and luxury.
According to the study, “Cigarettes, Cigars And Cigarillos Manufacturing Global Market Report 2019” the key companies operating in the global cigarettes, cigars, and cigarillos manufacturing market are Altria Group Inc, Drew Estate LLC, Swedish Match AB, Scandinavian Tobacco Group A/S, Habanos SA Corp., Trendsettah USA Inc., Imperial Brands Plc, Oettinger Davidoff AG, British American Tobacco, Altadis Brands Plc., Swisher International Inc., China National Tobacco Corporation, Thailand Tobacco Monopoly, Taiwan Tobacco & Liquor, R.J. Reynolds, John Middleton Co., Swedish Match, PT Gudang Garam Tbk, Japan Tobacco International, Phillip Morris International, J. Cortes Cigars, Godfrey Phillips India Ltd. (GPIL), Dannemann Cigarenfabrik GmbH, SPS Cigaronne, Gurkha Cigars, Alliance One International, Agio Cigars, Donskoy Tabak, Landewyck Tobacco Sa, Austria Tabak GmbH & Co KG, ITC Limited, Gallaher Group. The key companies are conducting research & development (R&D) activities in order to offer better tobacco quality & innovative flavors to compete in the market.
Based on type, global cigarettes, cigars, and cigarillos manufacturing market are segmented into conventional and premium. Based on raw materials, the market is segmented into cut tobacco, tobacco leaves, cigarette filter, cigarette paper, tipping paper, aluminum laminated paper, whiteboard, and glue. Based on flavor, the market is segmented into chocolate, fruit/candy, and mint/menthol. Based on the size, the market is segmented into inch to 5 inches, inch to 6 inches, inch to 7 inches, inch & over. Based on accessories, the market is segmented into tube, travel case and holder. Based on diameter, the market is segmented into regular and slim & super slim. Based on gender, the market is segmented into female and male. In addition, based on the distribution channel, the market is segmented into convenience stores, online stores, multi-outlets, and other distribution channels.
The cigarettes, cigars, and cigarillos manufacturing market is driven by rising in the number of female smokers, followed by the popularity of flavored cigarettes (flavored smokeless tobacco, little cigars & cigarillos, e-cigarettes and large cigars hookah & dissolvable), increase in a number of luxury hotels with cigar lounges, enhance economic development, the rise in disposable income, emerge in markets growth, and strong distribution the network of cigarette manufacturers. However, smoking in public places and strict government regulation over advertisement may impact the market.
Based on geography, Asia-Pacific the region holds a major share in cigarettes, cigars and cigarillos manufacturing market owing to increase in population coupled with rising in disposable incomes in the region. In upcoming years, it is anticipated that the market will be grown fast due to the favorable tax rate in developed economies (except the U.S.), increase in penetration of low-cost product coupled with a growing number of young billionaires.
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Ankur Gupta, Head Marketing & Communications