Product Code: ETC051664 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India cigarette market is estimated to reach US$ 15.9 billion in 2025 and is projected to grow at a CAGR of 4.1% during the forecast period 2025?2031. Tobacco products, especially cigarettes, have been popular among Indians for centuries due to their affordability and easy availability. The Indian government has implemented stringent regulations to curb smoking habits; however, this hasn`t had much impact on the consumption of cigarettes in India as it continues to remain high. Factors such as increasing disposable incomes and changing lifestyles are likely to propel market growth over the forecast period.
The major drivers of the Indian cigarette industry include rising urbanization & income levels, growing number of female smokers, changing lifestyle trends & shifting preferences towards premium segment cigarettes and strong presence of unorganized players with various promotional strategies that ensure steady sales even in face economic slowdowns or regulatory pressure from authorities like GST hikes. Furthermore technological advancements such as Digital printing on foil packaging which provides greater shelf appeal than traditional methods also drives cigarette demand across India along with favorable taxation policies practised by central & state governments that attract new companies into tobacco sector thereby creating competition between existing players leading them towards more innovative product offerings.
Some factors restraining growth in the Indian cigarette industry include implementation of stringent regulations related to advertising & promotion activities along with health awareness campaigns conducted by various NGOs/governments organizations aimed at reducing nicotine addiction all across country . Moreover there?s an increase in anti-smoking legislations being imposed by Central Government resulting higher taxation rates for manufacturing units . As a result manufacturers resorting alternative means like launching new flavors , introducing low-priced brands etc so as capture maximum share within limited budget allocation thus putting pressure on margins while competing against each other for larger consumer base . Lastly rise prices fuels black marketing activities within rural areas where consumers tend buy cheaper smuggled brands from overseas markets instead paying extra cost for locally manufactured ones consequently hampering revenues generated through legitimate channels.
With respect trend shifts witnessed recently , introduction flavored variants containing natural essence`s designed specifically targeting millennials or women segments gaining grounds amongst both organized large scale manufactures well small cottage industries alike who manage cater these needs low cost production cost structure . In addition usage digital media platforms promote products help raise brand visibility relatively quickly without investing huge amount resources driving up sale volume significantly .. Apart this launch special edition packs gift items order celebrate festive season festivals have become common practice many local stores create buzz encourage
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 India Cigarette Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cigarette Market Revenues & Volume, 2021 & 2031F |
3.3 India Cigarette Market - Industry Life Cycle |
3.4 India Cigarette Market - Porter's Five Forces |
3.5 India Cigarette Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Cigarette Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Cigarette Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cigarette Market Trends |
6 India Cigarette Market, By Types |
6.1 India Cigarette Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Cigarette Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Cigarette Market Revenues & Volume, By Light, 2021-2031F |
6.1.4 India Cigarette Market Revenues & Volume, By Medium, 2021-2031F |
6.1.5 India Cigarette Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Cigarette Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Cigarette Market Revenues & Volume, By Tobacco Shops, 2021-2031F |
6.2.3 India Cigarette Market Revenues & Volume, By Supermarket and Hypermarkets, 2021-2031F |
6.2.4 India Cigarette Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.5 India Cigarette Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 India Cigarette Market Revenues & Volume, By Others, 2021-2031F |
7 India Cigarette Market Import-Export Trade Statistics |
7.1 India Cigarette Market Export to Major Countries |
7.2 India Cigarette Market Imports from Major Countries |
8 India Cigarette Market Key Performance Indicators |
9 India Cigarette Market - Opportunity Assessment |
9.1 India Cigarette Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Cigarette Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Cigarette Market - Competitive Landscape |
10.1 India Cigarette Market Revenue Share, By Companies, 2024 |
10.2 India Cigarette Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |