Title: Global Tobacco Market - Size, Share, Growth, Price Trends, Industry Analysis And Research Report 2017 - 2022
1 Tobacco Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2017-2022
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2About IMARC Group
Report Description
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3Report Description and Highlights
Report Description
Global Tobacco Market Catalysed by Huge
Investments in RD and Weak Government
Regulations The global tobacco market witnessed
a steady growth in recent years. The major
factors driving the growth of the market are the
introduction of new product range, huge
investments in the RD, lack of government
regulations, etc. The latest report by IMARC
Group titled, Tobacco Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2017-2022, finds that the global
tobacco market reached a volume of 7 Million Tons
in 2016, growing at a CAGR of nearly 2 during
2009-2016. The market for tobacco is rising as a
result of the introduction of different types of
tobacco products such as cigarettes, kreteks,
snuff, hookah, etc. Moreover, in order to tap in
a wider consumer-base and increase their profits,
the companies are focusing on increasing their
investments in the area of research and
development. This could help in manufacturing
products with lower levels of toxicants by
identifying the harmful toxic constituents of
tobacco and understanding smoking behaviour.
Apart from this, the absence of rigorous law and
government regulations regarding the sale of
these products also help in encouraging the
growth of the market. Request Sample of the
Report http//www.imarcgroup.com/request?typerep
ortid589flagB
4Report Description and Highlights
Report Description
5Report Description and Highlights
Report Description
- Highlights of the global tobacco market
- The market growth is stronger in the developing
regions. - China represents the largest market for tobacco,
accounting for the majority of share. - The market is expected to reach a volume of
nearly 9 Million Tons by 2022. - The socio-economic conditions also tend to
influence the demand of tobacco in a region.
Owing to higher levels of education and health
consciousness, the demand for tobacco-based
products in the developed regions has been
declining significantly. On the other hand, the
market exhibits a stable growth in the developing
regions as a result of rising population, lack of
awareness about the harmful effects of tobacco,
unemployment, etc. Additionally, a trend of
smoking expensive tobacco is seeping in the
emerging markets, particularly among the elite
classes, or the adolescents which are one of the
biggest driving forces for the sales of tobacco
in these regions. Further, the market is expected
to reach a volume of around 9 Million Tons by
2022. - Read full report _at_ http//www.imarcgroup.com/tobac
co-processing-plant
6Report Description and Highlights
Report Description
- The market has been segmented on the basis of
product type which includes cigarettes,
roll-your-own, cigars, cigarillos, smokeless
tobacco, etc. The market is also segmented on a
regional basis. Some of the major markets for
tobacco include China, India, Brazil, United
States and European Union. Amongst these, China
represents the largest producer as well as the
biggest consumer of tobacco, accounting for the
majority of share. An analysis of the competitive
landscape provides the details of the key players
operative in the market. Some of the major
players are China National Tobacco Corporation,
Phillip Morris International, British America
Tobacco, Japan Tobacco International and Imperial
Tobacco Group. - The report has evaluated the global tobacco
market on the basis of - Product Type
- Cigarettes
- Roll Your Own
- Cigars
- Cigarillos
- Smokeless Tobacco
7Report Description and Highlights
Report Description
- Regions
- China
- India
- Brazil
- United States
- European Union
- Key Players
- China National Tobacco Corporation
- Phillip Morris International
- British America Tobacco
- Japan Tobacco International
- Imperial Tobacco Group
- Find more reports related to retail Industry_at_
- http//www.imarcgroup.com/categories/retail-market
-reports
8Report Description and Highlights
Report Description
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