Global Smoking Products and Smoking Alternatives Market is Segmented By Type (Smoking Products, Smoking Alternatives), By Gender (Male, Female, Others), By Flavor (Flavored, Non-Flavored), By Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Online Retailers, Specialty Stores, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Smoking Products and Smoking Alternatives Market Size
Global Smoking Products and Smoking Alternatives Market reached USD 980.2 billion in 2022 and is expected to reach USD 1,659.6 billion by 2030, growing with a CAGR of 6.9% during the forecast period 2023-2030. Their rising demand is partly due to the promise of smoking alternatives to aid efforts to quit. The functioning and design of smoking substitutes have improved because of technological advancements.
Particularly regarding battery life, safety features and user experience, vaping devices have witnessed substantial advances. The overall attraction of smoking alternatives to consumers has increased as a result of these technical advancements.
Asia-Pacific is among the growing regions in the global smoking products and smoking alternatives market covering more than 1/3rd of the market and the majority of people on the planet inhabit the Asia-Pacific. The market for smoking-related goods and substitutes in this area is enormous and alluring to producers and investors due to the high number of prospective customers. This knowledge has caused consumers' tastes to change in favor of tobacco alternatives that are thought to be healthier.
Smoking Products and Smoking Alternatives Market Scope
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Metrics |
Details |
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CAGR |
6.9% |
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Size Available for Years |
2021-2030 |
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Forecast Period |
2023-2030 |
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Data Availability |
Value (US$) |
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Segments Covered |
Type, Gender, Flavor, Distribution Channel and Region |
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Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
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Fastest Growing Region |
Asia-Pacific |
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Largest Region |
Asia-Pacific |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Equipment Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Smoking Products and Smoking Alternatives Market Dynamics
Expanding Smoking Culture Across the Globe
The culture of smoking has changed over time as tobacco use has become more widespread and is still considerably rising despite grave health risks. There are several smoking methods, though, including cigarettes, cigars, vaping, hookah/shisha and many more. One of these is hookah, which has a strong cultural foundation that has been passed down through the generations.
According to the World Health Organization (WHO), The 1.3 billion tobacco users worldwide, or more than 80% of them, reside in countries with middle and low incomes. In 2020, 36.7% of men and 7.8% of women consumed tobacco globally, accounting for 22.3% of the population. Using various advertising strategies and introducing products specifically aimed at them, the tobacco industry and other associated sectors have preyed on kids and teenagers more and more.
Introduction of New Cigarette Alternatives
New smoking alternatives are now readily accessible, which has resulted in a market that is now more diverse in its product offers. Traditional cigarettes, e-cigarettes, devices that use heat rather than combustion, snus and other choices are now available to consumers. Because of their increased diversity, tobacco corporations are now better able to meet the needs of a wider range of customers and expand into new regions.
As cigarette alternatives gain popularity, some smokers are transitioning away from traditional cigarettes in favor of these alternatives. Smokers may be drawn to these products due to the perception that they are less harmful than conventional cigarettes and they offer a different and potentially more socially acceptable way to consume nicotine.
The growing demand for smoking alternatives has encouraged the key players to invest in the business leading to drive the market growth. For instance, on 31 Aug 2020, in uttar pradesh, the trader produce tobacco-free organic mini-cigar. This mini-cigar is in which no additives are added and there is an ayurvedic mixture that is 100% tobacco-free. The trader launch this mini-cigar and has the brand name Favourite Leaf and this organic mini-cigar is being imported to U.S. and European countries.
Increasing Production Costs for Smoking Products and Alternatives
The price of labor, raw materials, manufacturing processes and regulatory requirements are just a few of the variables that might affect how much it costs to produce cigarettes. Several changes from the past several years have helped drive up the price of producing cigarettes. Stricter laws governing tobacco products, higher tobacco charges and initiatives to lower smoking rates via public health campaigns and programs are a few of them.
These elements may increase the cost of compliance by requiring more packaging, adding health warnings, or limiting marketing material. The cost of producing smoke can also be affected by increased labor expenses, changes in the price of raw materials like tobacco leaves and changing market conditions. The tobacco sector is intricate and susceptible to a range of economic, social and regulatory influences, making it challenging to generalize the precise impact on production costs.
Smoking Products and Smoking Alternatives Market Segment Analysis
The global smoking products and smoking alternatives market is segmented based on type, gender, flavor, distribution channel and region.
Rising Demand for Flavored Smoking Due to Adoption of Western Culture Lifestyles
The flavored segment holds a major share of around 42.1% in the global smoking products and smoking alternatives market. The adoption of Western culture lifestyles by people is responsible for the increased rates of female smokers, the robust distribution networks of cigarette producers and the appeal of flavored cigarettes. In addition, In 2018, the Centres for Disease Control and Prevention (CDC) conducted a survey that found that about 3.2 million middle and high school students in the US use flavored tobacco products.
Furthermore, beginning in April 2021, FDA news Bans on menthol cigarettes and flavored cigars, which would build on the previous flavor ban, would represent significant advancements in the fight against addiction and youthful experimentation, improved quitting and health inequities. The majority of nations' bans are anticipated to obstruct the market's expansion over the projection year.
Global Smoking Products and Smoking Alternatives Market Geographical Share
Asia-Pacific Growing Production and Consumption of Tobacco
The Asia-Pacific smoking products and smoking alternatives market has witnessed significant growth and popularity covering 1/3th share in 2022. Asia-Pacific, driven by countries including China and India, is one of the world's top manufacturers and users of tobacco. Due to its extensive brand range and nationwide distribution, ITC is one of the major participants in the Asian cigarette business. Since cigarette firms are unable to advertise, the majority rely on extensive distribution and innovations, notably ITC, to maintain sales.
The number of smokers is rising in Asia's emerging nations. According to the World Health Organisation, china, which leads in both production and consumption, is the world's greatest producer and user of tobacco. Nearly one-third of all smokers globally, or more than 300 million people, are found in China. More than half of adult men presently use tobacco products.
Smoking Products and Smoking Alternatives Market Companies
The major global players include Philip Morris International, British American Tobacco (BAT), Japan Tobacco International (JTI), Imperial Brands, Altria Group, Reynolds American Inc. (RAI), Swedish Match AB, Godfrey Phillips India Ltd., Eastern Company S. A. E. and Al Fakher.
COVID-19 Impact Analysis
The COVID-19 and lockdown regulations caused production facilities and services to cease, which resulted in a gradual decline in demand for smoking goods and alternatives. Development on the public and private levels was suspended. The sector was further impacted by a disruption in the supply chain, particularly for raw materials needed in the production of smoking alternatives and goods.
In 2020 and the first two quarters of 2021, the expansion of the market for smoking goods and smoking alternatives worldwide was hampered by rigorous government rules for various sectors and limits on commerce and transit. In the first three quarters of 2020, manufacturing of smoking goods and smoking substitutes was not able to keep up with demand due to limitations imposed by governments throughout the world not only caused a rise in demand but also increased the price of the goods.
Russia-Ukraine War Impact
The effects of the battle on the accessibility and cost of conventional tobacco products may affect consumer demand for smoking substitutes like e-cigarettes, nicotine replacement therapy, or other smokeless tobacco products. Consumers may experience stress, shifting priorities and financial uncertainty in areas immediately impacted by the conflict, all of which might cause changes in how they spend their money.
People may choose to choose less expensive alternatives or cut back on discretionary expenditure, especially on tobacco products. The supply chain for tobacco and smoking products can be disrupted by armed conflicts in areas with substantial infrastructure for the production or processing of tobacco. Due to this disturbance, there may be a scarcity of conventional smoking goods, which might raise costs.
Key Developments
- On April 15, 2023, Japan Tobacco will spend 300 billion yen ($2.25 billion) over the next three years to boost its heated tobacco stick products, with 200 billion yen pegged for marketing the sticks outside of Japan.
- On February 22, 2023, Imperial Brands keeps developing to provide attractive and presumably less harmful products and recently introduced the first brand-new version of its Pulze heated tobacco device. With a small, all-in-one design and 25 or more sessions on a single charge, Pulze 2.0 delivers new levels of ease.
- On July 15, 2021, Japan Tobacco Inc launched Ploom X, a next-generation heated tobacco device. This product, which was collaboratively developed by JT in Japan and JTI, the Group's worldwide division, is now available in important countries outside of Japan. This new item has assisted the corporation in diversifying the reduced-risk product category and growing its client base worldwide.
Why Purchase the Report?
- To visualize the global smoking products and smoking alternatives market segmentation based on type, gender, flavor, distribution channel and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- excel data sheet with numerous data points of smoking products and smoking alternatives market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The global smoking products and smoking alternatives market report would provide approximately 70 tables, 66 figures and 181 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
