Global Tobacco Market 2018: Region Wise Analysis of Top Players in Market by Types and Application

1. Global Tobacco Market Fostered by Proliferating Number of Smokers Copyright © IMARC. All Rights Reserved

2. About IMARC Group Report Description IMARC is a leading advisor on 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. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Tobacco Market Fostered by Proliferating Number of Smokers Over the recent years, the global tobacco market has been witnessing a steady growth on account of increasing number of smokers across the globe. This growth can also be attributed to factors which include strong distribution channels, elevating disposable incomes, and emergence of premium, low-risk and feminine tobacco products in the market. According to the latest report by IMARC Group, titled “Tobacco Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global tobacco market reached a value of more than US$ 8 Billion in 2017. Tobacco is a plant within the genus Nicotine of the Solanaceae family. While there are more than 70 species of tobacco, N. tabacum is considered as the chief commercial crop. Tobacco consists of a colourless volatile alkaloid, commonly known as nicotine which acts as a stimulant and depressant. It raises the heart-rate, increases blood-pressure, contracts peripheral blood vessels and affects the functioning of brain.  Currently, the production of tobacco in developed countries is declining, whereas, in developing countries, tobacco leaf production continues to increase, thus expanding their share in the world.

4. Report Description and Highlights Report Description The tobacco market is witnessing an increase in the number of smokers, particularly in the emerging regions like China and India, on account of consistently growing population. Owing to escalating disposable incomes of the consumers, manufacturers are launching premium products and raising their product prices as customers are willing to spend their money onto these products. Apart from this, enhanced distribution networks have assisted in improving the overall sales of the tobacco products. Moreover, as females account for an insignificant share of the total tobacco consumption, tobacco firms are introducing products which are labelled as feminine, including light cigarettes, long and skinny, etc., in order to widen their consumer-base and increase the number of female consumers.  Read more here: https://www.imarcgroup.com/tobacco-processing-plant

5. Report Description and Highlights • In addition to this, rising health-consciousness has resulted in the advent of a number of low-risk tobacco products and manufacturers are investing in research and development of numerous products which can help them in maintaining their profits. This is expected to positively influence the growth of the tobacco industry in the upcoming years. Looking forward, the market value is projected to reach a value of around US$ 9 Billion by 2023, expanding at a CAGR of nearly 2% during 2018-2023. • Market Summary: • Based on type, the market has been segmented as cigarettes, roll your own, cigars, cigarillos, smokeless tobacco and others. Presently, cigarettes dominate the market, holding the largest market share due to an upsurge in the population, specifically in the emerging regions. • Region-wise, the market has been segregated into China, India, Brazil, United States and European Union. Amongst these, China is the leading market owing to a rise in the production of tobacco leaves. Apart from this, the rising population coupled with escalating disposable incomes of the consumers has augmented the demand for cigarette in China. • The competitive landscape of the market has also been examined with some of the key players being China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International and Imperial Tobacco Group. • Want more information about this market? Request a free report sample: • https://www.imarcgroup.com/request?type=report&id=589&flag=B Report Description

6. Report Description and Highlights Browse More Related Reports:  Cigarette Market: https://www.imarcgroup.com/cigarette-manufacturing-plant Pan Masala Market in India: https://www.imarcgroup.com/prefeasibility-report-pan-masala-processing-plant

7. Report Description and Highlights Report Description © 2017 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

8. Contact Us FOR MORE DETAILS Visit us at : https://www.imarcgroup.com Stay With Us: • TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com