DUBLIN, Nov. 4, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/kzxbrz/global_cigarette) has announced the addition of the "Global Cigarette Market 2015-2019" report to their offering.
The global cigarette market 2015-2019 to grow at a CAGR of 5.53% and 2.18% based on value and volume respectively for 2015-2019.
The report, Global Cigarette Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a comprehensive discussion on the market; it also covers the landscape of the global cigarette market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market and a comment on the vendors' product portfolios.
Product innovations are common in mature markets in order to sustain the curiosity and interest of consumers, and the cigarette market is no different. Many companies time and again introduce new variants of old products to encourage brand recognition among consumers. For instance, Camel Crush, a cigarette brand, introduced cigarettes with built-in capsules that, when crushed, produce a menthol flavor. Similarly, in 2012, Marlboro also introduced capsule cigarettes under the name of Marlboro NXT.
According to the report, numerous consolidations from TTCs drive the market. As of 2013, approximately 80% of the total market was controlled by only a few players. Constant consolidation is an important factor driving the market, as this enables international players to stay ahead of local players. Moreover, consolidations are needed right now, especially in mature markets like the US, to ensure company diversification and enable them to introduce innovations in the market in terms of flavors, packaging, and products and thereby sustain long-term growth.
Further, the report states that governmental restrictions are often responsible for the slowdown in cigarette consumption.
The market size based on value and volume is calculated taking into consideration the retail sales of:
- 70 mm cigarettes
- 84 mm cigarettes
- 100 mm cigarettes
- 120 mm cigarettes
- Philip Morris International
- British American Tobacco
- Japan Tobacco International
- Imperial Tobacco Group
Other prominent vendors
- Karelia Fine Tobaccos
- Carnilinx Tobacco Company
- ntc industries
- Golden Tobacco
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by length
Part 07: Market segmentation by end-user
Part 08: Market segmentation by distribution channel
Part 09: Geographical segmentation
Part 10: Largest cigarette-consuming countries
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Key vendor analysis
Part 18: Appendix
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SOURCE Research and Markets