Market Forecast by Countries (United States, Canada), By Type (Light, Medium, Others), By Distribution Channel (Tobacco Shops, Supermarket, and Hypermarkets, Convenience Stores, Online Stores, Others) And Competitive Landscape
Product Code: ETC059941 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America cigarette market is projected to witness growth in the coming years as North America represents the third-largest market for cigarettes, with their demand rising owing to the growing population, along with the hectic and stressful lifestyles of individuals in the region. Additionally, the availability of innovative flavors, like mango, menthol, chocolate, clove, mint, cherry, and orange, has augmented the consumption of cigarettes all over its major markets. Moreover, the launch of gender-targeted products, like skinny and flavored cigarettes for female smokers, has also fueled the overall sales of cigarettes. Furthermore, rising consumer awareness of the adverse health effects of cigarettes has led to a rise in the demand for nicotine-free e-cigarettes. The prices of regular cigarettes are low as compared to king-size cigarettes, which is registered as the key driver of regular-size cigarettes among customers. Some of the restraints are the diseases which are caused to the persons consuming tobacco such as cancer, etc. The rise of cancer patients is creating a thought of Anti-smoke in many people. Some of the restraints are the “No Smoking” zones which are used by multiple areas or restaurants with mentioned fine will be charged if caught. One of the major restraints is the Smoking kills advertisement in multiple movie theatres which leads to a decrease in the consumption of cigarettes. The COVID-19 pandemic has had a huge negative impact on the tobacco industry due to the nature of the disease. It is a deadly infectious virus that attacks the lungs and impacts breathing. Therefore, smokeless and smoke products are receiving negative attention due to their associated health risks.
According to 6Wreasearch, the North America Cigarette Market size is anticipated to register growth during the period 2021-2027. North America cigarette market concentration has increased primarily due to mergers and growth in the Marlboro brand. In 2019, the American company Philip Morris was the cigarette industry leader in North America, accounting for more than half of the market. Also, Mexico is the fourth main country for British American Tobacco Plc in terms of production, and the company exports to the US, Canada, and other countries in Central America. The U.S. tobacco market is expected to grow further over the forecast period. Growing consumer disposable income and the availability of superior products like customized cigarettes and pipes are driving the market growth. Retail sales of tobacco products and supplies have witnessed similar growth, with sales reaching huge shares in 2017, an increase of billions of Canadian dollars over the four years. Despite this increase in retail sales and market value, the share of Canadians who smoke currently, occasionally, or daily has continued to decline year on year.
North America Cigarette market is segmented into type and distribution channels. In terms of type, the cigarette market in North America is categorized into light, medium, and others. Out of which, the light segment is accounted for the highest Cigarette market share as they are healthier to consume as compared to others and safer. Based on distribution channels, the cigarette market in North America is bifurcated into Tobacco Shops, supermarkets and Hypermarkets, Convenience Stores, Online Stores, and others. The Tobacco shops segment is dominating the market. The tobacco shops and Convenience Stores are holding the Cigarette market over the past few years.
The key market players for the cigarette market are China National Tobacco Corporation, British American Tobacco PLC, Japan Tobacco International SA, and Philip Morris Products SA.
The North America Cigarette market report thoroughly covers the market by type, distribution channels, and countries including the United States and Canada. The North America Cigarette market outlook report provides an unbiased and detailed analysis of the ongoing North America Cigarette market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Cigarette Market is projected to register sound revenues in the years ahead backed by the rising availability of flavored cigarettes such as clove and menthol cigars that attract the smokers to try all the flavored based cigars and this aspect is expected to proliferate the product demand in the market. Further, e-cigarettes are most popular and preferable especially among teenagers due to their least health effect and this is leading to open up the corridors for the new marketer to enter which is further expected to boost the market landscape of the North America cigarette market in the forthcoming years.
Markets Covered
The Market Report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Cigarette Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Cigarette Market Revenues & Volume, 2020 & 2027F |
3.3 North America Cigarette Market - Industry Life Cycle |
3.4 North America Cigarette Market - Porter's Five Forces |
3.5 North America Cigarette Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Cigarette Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 North America Cigarette Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 North America Cigarette Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Cigarette Market Trends |
6 North America Cigarette Market, 2017 - 2027 |
6.1 North America Cigarette Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 North America Cigarette Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 North America Cigarette Market, 2017 - 2027 |
7.1 North America Cigarette Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 North America Cigarette Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 United States Cigarette Market, 2017 - 2027 |
8.1 United States Cigarette Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 United States Cigarette Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Canada Cigarette Market, 2017 - 2027 |
9.1 Canada Cigarette Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Canada Cigarette Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 North America Cigarette Market, 2017 - 2027 |
10.1 North America Cigarette Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 North America Cigarette Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 North America Cigarette Market Key Performance Indicators |
12 North America Cigarette Market - Opportunity Assessment |
12.1 North America Cigarette Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 North America Cigarette Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 North America Cigarette Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
13 North America Cigarette Market - Competitive Landscape |
13.1 North America Cigarette Market Revenue Share, By Companies, 2020 |
13.2 North America Cigarette Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |