Menthol Cigarette Market Research and Forecast Report 2023-2028

1. Global Menthol Cigarette Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Menthol Cigarette Market Research Report: The latest report by IMARC, titled “Menthol Cigarette Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global menthol cigarette market reached a value of US$ 92.1 Billion in 2022. Menthol is a naturally occurring substance that is extracted from plants, such as peppermint, spearmint or corn mint. It can also be produced synthetically and is widely used as a flavoring agent in numerous products, such as candies, syrups and chocolates. It is also used in cigarettes for triggering the cold-sensitive nerves present in the skin. Characterized by a refreshing flavor and anesthetic effect, it is primarily added to the tobacco to yield a cooling sensation in the mouth and throat of the users. The use of menthol cigarettes decreases the cough reflexes of the users while offering a soothing effect to the dry throat feeling. These cigarettes reduce the overall harshness of the smoke, owing to which they are gaining widespread preference, especially among the young and new smokers. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/menthol-cigarette-

4. Report Description and Highlights Report Description Global Menthol Cigarette Market Trends: The global market is primarily driven by a significant increase in the number of smokers across the globe. Rapid urbanization, long working hours and hectic schedules of the majority of the working professionals have led them to consume cigarettes more frequently to combat stress issues. In line with this, there has been a considerable increase in the number of female and young smokers, which is also contributing to the market growth. Moreover, owing to aggressive promotional campaigns by numerous manufacturers, there is a common misconception among the masses that menthol cigarettes are healthier alternatives to the commonly consumed cigarettes, which is propelling their demand. However, the consumption of these cigarettes poses similar health risks, often leading to a higher level of nicotine addiction. The advent of single and double capsule variants is further acting as a major growth-inducing factor. These cigarettes contain capsule(s) around the top of the filter that is required to be crushed, when needed, for releasing the additional menthol flavor. This allows the users to adjust the flavor of the cigarette as per their choice and preference, thereby contributing to their widespread popularity. Some of the other factors contributing to the market growth include the advent of low-tar cigarettes and the popularity of ultra-slim variants among female users. On account of the aforementioned factors, the market is anticipated to register a CAGR of 2.7% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Capsule Type: • Single Capsule Menthol Cigarette • Double Capsule Menthol Cigarette Breakup by End-User: • Male • Female Breakup by Size: • King Size • 100s • Others Breakup by Distribution Channel: • Supermarkets • Hypermarkets • Online Retailers • Others

6. Report Description and Highlights Report Description Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others

7. Report Description and Highlights Report Description • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Alfred Dunhill Ltd Altria Group British American Tobacco p.l.c. China National Tobacco Corporation Commonwealth Brands. Inc. Essentra plc Imperial Brands PLC Japan Tobacco Inc. KT&G Corporation Liggett Vector Brands LLC Reynolds American Inc Philip Morris International Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/menthol-cigarette-market

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11. Report Description and Highlights Report Description © 2019 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.

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