Market Forecast By Type (Light, Medium, Others), By Distribution Channel (Tobacco Shops, Supermarket and Hypermarkets, Convenience Stores, Online Stores, Others) And Competitive Landscape
Product Code: ETC051684 | Publication Date: Feb 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Bahrain Cigarette Market is a prominent market in the country and this prominent market is projected to grow more over the forecast period. This market is one of the most lucrative markets in the country and it will remain lucrative in the future.
According to 6Wresearch, the Bahrain Cigarette Market size is anticipated to grow at a higher growth rate during 2023-2029. This sector is amongst the most popular sectors in the nation and it will remain popular in the near future. The country has a relatively high smoking prevalence rate, as per the World Health Organization. This is owing to the nation’s affluent population as well as high levels of disposable income, which makes the country an attractive sector for tobacco companies. The government of the nation implemented a number of regulations in order to reduce smoking prevalence in the region, including prohibiting smoking in public places like cafes, restaurants, and shopping malls. In addition, the government of the nation raised taxes on tobacco products in order to discourage consumption.
Despite these efforts, the cigarette sector in Bahrain will remain lucrative, with numerous popular brands available. The availability of cost-effective cigarettes in the country, particularly those that are imported from neighbouring nations is also stimulating the market growth. This sector will progress more in the country as this sector is an important part of the Middle East Cigarette Market. Illegal trade of cigarettes, competition from alternative tobacco items, health awareness, and government regulations are some factors challenging the growth of the market. The Bahrain Cigarette Market share is boosting which will aid the market to overcome the challenges it has been facing. The Bahrain Cigarette market value is growing as most people prefer cigarettes in the nation.
The pandemic had a mixed impact on the cigarette market in Bahrain. The coronavirus pandemic led to a reduction in cigarette sales in some areas of the country owing to decreased economic activity as well as increased health awareness. On the contrary, the pandemic also led to rise in stress and anxiety levels among many consumers, which contributed to increased cigarette sales in some part of the nation.
One of the key impacts of the COVID-19 pandemic on the sector was the disruption in global supply chains. A number of tobacco players experienced delays in production as well as distribution, which led to shortages of many products in some areas.
The pandemic also led to a major increase in government regulations purposed at reducing smoking prevalence in the nation. For instance, the government of the nation banned shisha smoking in cafes as well as in restaurants, which led to a decline in demand for tobacco products.
However, the coronavirus pandemic also led to increased stress as well as anxiety levels among many consumers, which contributed to increased cigarette sales in many segments of the sector. Additionally, the pandemic led to a rise in online sales of tobacco products since consumers sought to avoid physical retail locations.
Based on type, the sector is classified into Light, Medium, and Others. The light segment is projected to grow since it is healthier and safer to consume. The safety this type of cigarette offers enable consumers to choose this over other types.
Based on distribution channel, the Cigarette Market in Bahrain is classified into tobacco Shops, Supermarket And Hypermarkets, Convenience Stores, Online Stores, and Others. Tobacco shops will account for the highest share of the market as they offer many specialised tobacco products.
The report offers a comprehensive study of the subsequent market segments:
1. Is the Bahrain Cigarette Market projected to grow?
The Bahrain Cigarette Market is a prominent market in the country and this prominent market is projected to grow more over the forecast period.
2. Which factors are accountable for the market growth?
The sector is growing owing to the nation’s affluent population as well as high levels of disposable income, which makes the country an attractive sector for tobacco companies.
3. Which factors are challenging the market growth?
Illegal trade of cigarettes, competition from alternative tobacco items, health awareness, and government regulations are some factors challenging the growth of the market.
4. Which type of segment will grow more in the market?
The light segment is projected to grow since it is healthier and safer to consume. The safety this type of cigarette offers enable consumers to choose this over other types.
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 Bahrain Cigarette Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Cigarette Market Revenues & Volume, 2022 & 2029F |
3.3 Bahrain Cigarette Market - Industry Life Cycle |
3.4 Bahrain Cigarette Market - Porter's Five Forces |
3.5 Bahrain Cigarette Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.6 Bahrain Cigarette Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
4 Bahrain Cigarette Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bahrain Cigarette Market Trends |
6 Bahrain Cigarette Market, By Types |
6.1 Bahrain Cigarette Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Cigarette Market Revenues & Volume, By Type, 2019 - 2029F |
6.1.3 Bahrain Cigarette Market Revenues & Volume, By Light, 2019 - 2029F |
6.1.4 Bahrain Cigarette Market Revenues & Volume, By Medium, 2019 - 2029F |
6.1.5 Bahrain Cigarette Market Revenues & Volume, By Others, 2019 - 2029F |
6.2 Bahrain Cigarette Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Cigarette Market Revenues & Volume, By Tobacco Shops, 2019 - 2029F |
6.2.3 Bahrain Cigarette Market Revenues & Volume, By Supermarket and Hypermarkets, 2019 - 2029F |
6.2.4 Bahrain Cigarette Market Revenues & Volume, By Convenience Stores, 2019 - 2029F |
6.2.5 Bahrain Cigarette Market Revenues & Volume, By Online Stores, 2019 - 2029F |
6.2.6 Bahrain Cigarette Market Revenues & Volume, By Others, 2019 - 2029F |
7 Bahrain Cigarette Market Import-Export Trade Statistics |
7.1 Bahrain Cigarette Market Export to Major Countries |
7.2 Bahrain Cigarette Market Imports from Major Countries |
8 Bahrain Cigarette Market Key Performance Indicators |
9 Bahrain Cigarette Market - Opportunity Assessment |
9.1 Bahrain Cigarette Market Opportunity Assessment, By Type, 2022 & 2029F |
9.2 Bahrain Cigarette Market Opportunity Assessment, By Distribution Channel, 2022 & 2029F |
10 Bahrain Cigarette Market - Competitive Landscape |
10.1 Bahrain Cigarette Market Revenue Share, By Companies, 2022 |
10.2 Bahrain Cigarette Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |