51
Global Tobacco Market: Analysis By Product (Cigarettes, Smoking Tobacco, Cigar, Smokeless Tobacco, E-Cigarettes), By Sub Product Type, By Region, By Country: Opportunities and Forecast (2013-2023) By Sub Type– Machine Made Cigarettes, Roll Your Own Cigarettes, Machine Made Cigars, Handmade Cigars, Chewing Tobacco and Snuff By Region - North America, Europe, Asia Pacific, and Rest of the World By Country – U.S, Canada, Mexico, Brazil, U.K., Germany, France, China, India, Japan, Indonesia. March 2019

Global Tobacco Market: Analysis By Product (Cigarettes ...azothanalytics.com/admin/samplepdf/02-04-19-06-14-02-Sample-Global...Global Tobacco Market: Analysis By Product (Cigarettes,

Embed Size (px)

Citation preview

Global Tobacco Market: Analysis By Product (Cigarettes,

Smoking Tobacco, Cigar, Smokeless Tobacco, E-Cigarettes),

By Sub Product Type, By Region, By Country: Opportunities

and Forecast (2013-2023)

• By Sub Type– Machine Made Cigarettes, Roll Your Own

Cigarettes, Machine Made Cigars, Handmade Cigars,

Chewing Tobacco and Snuff

• By Region - North America, Europe, Asia Pacific, and Rest of the

World

• By Country – U.S, Canada, Mexico, Brazil, U.K., Germany,

France, China, India, Japan, Indonesia.

March 2019

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Glo

bal

Market (By Value)

By Product, By Value

Cigarette

Smoking Tobacco

Cigar

Smokeless Tobacco

Vapour/ E-cigarettes

By Sub Product, Type

Machine Made Cigarettes

Roll Your Own Cigarettes

Machine Made Cigars

Hand Made Cigars

Chewing Tobacco

Snuff

Scope of the Report –Tobacco Market

Historical Forecast

2

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Re

gio

nal

Market (By Value)

By Product, By Value

Cigarette

Smoking Tobacco

Cigar

Smokeless Tobacco

Vapour/ E-cigarettes

By Sub Product, Type

Machine Made Cigarettes

Roll Your Own Cigarettes

Machine Made Cigars

Hand Made Cigars

Chewing Tobacco

Snuff

Scope of the Report –Tobacco Market

Historical Forecast

3

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Co

un

try

Market (By Value)

By Product, By Value

Cigarette

Smoking Tobacco

Cigar

Smokeless Tobacco

Vapour/ E-cigarettes

Scope of the Report –Tobacco Market

Historical Forecast

4

Table of Content

S.No Particulars Page No.

1. Research Methodology 25

2. Executive Summary 26

3. Strategic Recommendation 27

3.1 Large Innovation in Tobacco Products Technologies. 28

3.2 Increased concentration in Middle East Regions. 29

4. Tobacco Market Overview 30

5. Global Tobacco Market: Growth and Forecast 33

5.1 By Value (2013-2017) 34

5.2 By Value (2018-2023) 36

6. Global Tobacco Market: By Product Type 42

6.1 Global Tobacco Market-By Product Type: Breakdown(%) 43

6.1.1 Global Tobacco Market Size and Share, By Type, 2017 44

6.1.2 Global Tobacco Market Size and Share, By Type, 2023 45

6.2 Global Cigarettes Market Overview 46

6.2.1 By Value (2013-2023) 46

5

Table of Content

S. No Particulars Page No.

6.3 Global Machine Made Cigarettes Market Overview 47

6.3.1 By Value (2013-2023) 47

6.4 Global Roll Your Own Cigarettes Market Overview 47

6.4.1 By Value (2013-2023) 47

6.5 Global Cigars Market Overview 48

6.5.1 By Value (2013-2023) 49

6.6 Global Machine Made Cigar Market Overview 49

6.6.1 By Value (2013-2023) 49

6.7 Global Hand Made Cigars Market Overview 49

6.7.1 By Value (2013-2023) 50

6.8 Global Smokeless Tobacco Market Overview 50

6.8.1 By Value (2013-2023) 51

6.9 Global Chewing Tobacco Market Overview 51

6.9.1 By Value (2013-2023) 51

6.10 Global Snuff Tobacco Market Overview 51

6.10.1 By Value (2013-2023) 51

6.11 Global Vapour Tobacco Market Overview 52

6.11.1 By Value (2013-2023) 52

6

Table of Content

S. No Particulars Page No.

7.1 Americas Tobacco Market: An Analysis 54

7.1.1 By Value (2013-2017) 55

7.1.2 By Value (2018-2023 56

7.2 Americas Tobacco Market: Segment Analysis 58

7.2.1 Americas Tobacco Market: By Type, By Value(2013-2023) 59

7.2.2 Americas Tobacco Market: By Sub Type, By value (2013-2023) 60

7.3 Americas Respiratory Care Devices Market: Country Analysis (U.S., Canada, Mexico and Brazil) 68

7.3.1 U.S. Tobacco Market, By Value (2013-2023) 69

7.3.1 U.S. Tobacco Market, By Type, By Value (2013-2023) 70

7.3.2 Canada Tobacco Market, By Value (2013-2023) 76

7.3.2 Canada Tobacco Market, By Type, By Value (2013-2023) 77

7.3.3 Mexico Tobacco Market, By Value (2013-2023) 83

7.3.3 Mexico Tobacco Market, By Type, By Value (2013-2023) 84

7.3.4 Brazil Tobacco Market, By Value (2013-2023) 90

7.3.2 Brazil Tobacco Market, By Type, By Value (2013-2023) 91

7

Table of Content

S. No Particulars Page No.

8.1 Europe Tobacco Market: An Analysis 97

8.1.1 By Value (2013-2017) 98

8.1.2 By Value (2018-2023) 99

8.2 Europe Tobacco Market: Segment Analysis 100

8.2.1 Europe Tobacco Market: By Type, By Value(2013-2023) 104

8.2.2 Europe Tobacco Market: By Sub Type, By value (2013-2023) 105

8.3 Europe Respiratory Care Devices Market: Country Analysis (U.S., Canada, Mexico and Brazil) 114

8.3.1 U.K. Tobacco Market, By Value (2013-2023) 115

8.3.1 U.K. Tobacco Market, By Type, By Value (2013-2023) 116

8.3.2 Germany Tobacco Market, By Value (2013-2023) 122

8.3.2 Germany Tobacco Market, By Type, By Value (2013-2023) 123

8.3.3 France Tobacco Market, By Value (2013-2023) 129

8.3.3 France Tobacco Market, By Type, By Value (2013-2023) 130

8

Table of Content

S. No Particulars Page No.

9.1 APAC Tobacco Market: An Analysis 138

9.1.1 By Value (2013-2017) 139

9.1.2 By Value (2018-2023 139

9.2 APAC Tobacco Market: Segment Analysis 140

9.2.1 APAC Tobacco Market: By Type, By Value(2013-2023) 144

9.2.2 APAC Tobacco Market: By Sub Type, By value (2013-2023) 144

9.3 APAC Respiratory Care Devices Market: Country Analysis (U.S., Canada, Mexico and Brazil) 151

9.3.1 China Tobacco Market, By Value (2013-2023) 153

9.3.1 China Tobacco Market, By Type, By Value (2013-2023) 155

9.3.2 India Tobacco Market, By Value (2013-2023) 162

9.3.2 India Tobacco Market, By Type, By Value (2013-2023) 163

9.3.3 Japan Tobacco Market, By Value (2013-2023) 169

9.3.3 Japan Tobacco Market, By Type, By Value (2013-2023) 170

9.3.4 Indonesia Tobacco Market, By Value (2013-2023) 176

9.3.4 Indonesia Tobacco Market, By Type, By Value (2013-2023) 177

9

Table of Content

S. No

Particulars Page No.

10.1 Rest of APAC Tobacco Market: An Analysis 182

9.1.1 By Value (2013-2017) 183

9.1.2 By Value (2018-2023) 183

10.2 ROW Tobacco Market: Segment Analysis 184

10.2.1 ROW Tobacco Market: By Type, By Value(2013-2023) 185

10.2.2 ROW Tobacco Market: By Sub Type, By value (2013-2023) 186

14. Market Dynamics 187

11.1 Drivers 188

11.2 Challenges 195

15. Market Trends 200

16. SWOT Analysis – Respiratory Care Devices Market 202

17. Competitive Landscape 206

18. Company Profiling 208

18.1 ITC 209

18.2 Philip Morris International 212

18.3 Altria Group Inc 215

10

Table of Content

S. No Particulars Page No.

18.4 Korea Tobacco & Ginseng Corporation 218

18.5 British American Tobacco 222

18.6 Japan Tobacco International 225

18.7 China Tobacco Corporation 228

18.8 Gudang Garam Tbk 229

18.9 Imperial Brands 233

18.10 Scandinavian Tobacco Group 236

18.11 Turning Points Brands 239

19. About Us 242

11

List of Figures

Figure No. Figure Title Page No.

Figure 1: Tobacco Market Segmentation Flowchart 32

Figure 2: Global Tobacco Market Size, By Value, 2013-2017 (USD Billion) 34

Figure 3: Global Tobacco Market Size, By Value, 2018-2023 (USD Billion) 36

Figure 4: Tobacco Companies Worldwide, By Revenue, 2017 (USD Million) 38

Figure 5: Leading Brands in Global Tobacco market, By Brand 2017 (%) 39

Figure 6: GDP Per Capita PPP, By Select Countries, 2017 (USD) 40

Figure 7: GDP Per Capita PPP, By Select Countries, 2022F (USD) 40

Figure 8: Global Tobacco Market Size, By Segments, 2017(%) 44

Figure 9: Global Tobacco Market Size, By Segments, 2023 (%) 45

Figure 10: Global Cigarette Market, By Value, Historical 2013-2017 (USD Billion) 46

Figure 11: Global Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 46

Figure 12: Global Cigarette Market, By Value, Historical 2013-2017 (USD Billion) 47

Figure 13: Global Cigarette Market, By Value, Forecast, 2018-2023(USD Billion) 47

Figure 14: Global Cigar Market, By Value, Historical 2013-2017 (USD Billion) 48

Figure 15: Global Cigar Market, By Value, Forecast, 2018-2023 (USD Billion) 48

Figure 16: Global Cigar Market, By Value, Historical 2013-2017 (USD Billion) 49

Figure 17: Global Cigar Market, By Value, Forecast, 2018-2023 (USD Billion) 49

Figure 18: Global Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 50

Figure 19: Global Smokeless Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 50

Figure 20: Global Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 51

12

List of FiguresFigure No. Figure Title Page No.

Figure 21: Global Smokeless Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 51

Figure 22: Global Vapor Market, By Value, Historical 2013-2017 (USD Billion) 52

Figure 23: Global Vapor Market, By Value, Forecast, 2018-2023 (USD Billion) 52

Figure 24: Americas Tobacco Market Size, By Value, 2013-2017 (USD Billion) 55

Figure 25: Americas Tobacco Market Size, By Value, Forecast, 2018-2023 (USD Billion) 56

Figure 26: Global Tobacco Market Share by Leading Brands 2017 (%) 57

Figure 27: Americas Cigarette Market, By Value, Historical 2013-2017 (USD Billion) 59

Figure 28: Americas Cigarette Market, By Value, Forecast, 2018-2023(USD Billion) 59

Figure 29: America’s Cigarette Market, By Value, Historical 2013-2017 (USD Billion) 60

Figure 30: America’s Cigarette Market, By Value, Forecast, 2018-2023(USD Billion) 60

Figure 31: America’s Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 61

Figure 32: America’s Smoking Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 61

Figure 33: America’s Cigar Market, By Value, Historical 2013-2017 (USD Billion) 62

Figure 34: America’s Cigar Market, By Value, Forecast, 2018-2023(USD Billion) 62

Figure 35: America’s Cigar Market, By Value, Historical 2013-2017 (USD Billion) 63

Figure 36: America’s Cigars Market, By Value, Forecast, 2018-2023(USD Billion) 63

Figure 37: America’s Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 64

Figure 38: America’s Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 64

Figure 39: America’s Smokeless tobacco Market, By Value, Historical 2013-2017 (USD Billion) 65

Figure 40: America’s Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 65

13

List of Figures

Figure No. Figure Title Page No.

Figure 41: America’s Vapor Market, By Value, Historical 2013-2017 (USD Billion) 66

Figure 42: America’s Vapor Market, By Value, Forecast, 2018-2023(USD Billion) 66

Figure 43: U.S. Tobacco Market Size, By Value, 2013-2023 (USD Billion) 69

Figure 44: U.S. Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 70

Figure 45: U.S. Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 70

Figure 46: US Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 71

Figure 47: US Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 71

Figure 48: US Cigar Market, By Value, Historical 2013-2017 (USD Billion) 72

Figure 49: US Cigar Market, By Value, Forecast, 2018-2023(USD Billion) 72

Figure 50: US Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 73

Figure 51: US Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 73

Figure 52: US Vapor Market, By Value, Historical 2013-2017 (USD Billion) 74

Figure 53: US Vapor Market, By Value, Forecast, 2018-2023(USD Billion) 74

Figure 54: Canada Tobacco Market Size, By Value, 2013-2023 (USD Billion) 76

Figure 55: Canada Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 77

Figure 56: Canada Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 77

Figure 57: Canada Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 78

Figure 58: Canada Smoking Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 78

Figure 59: Canada Cigar Market, By Value, Historical 2013-2017 (USD Billion) 79

Figure 60: Canada Cigar Market, By Value, Forecast, 2018-2023(USD Billion) 79

14

List of Figures

Figure No. Figure Title Page No.

Figure 61: Canada Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 80

Figure 62: Canada Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 80

Figure 63: Canada Vapor Market, By Value, Historical 2013-2017 (USD Billion) 81

Figure 64: Canada Vapor Market, By Value, Forecast, 2018-2023(USD Billion) 81

Figure 65: Mexico Tobacco Market Size, By Value, 2013-2023 (USD Billion) 83

Figure 66: Mexico Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 84

Figure 67: Mexico Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 84

Figure 68: Mexico Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 85

Figure 69: Mexico Smoking Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 85

Figure 70: Mexico Cigar Market, By Value, Historical 2013-2017 (USD Billion) 86

Figure 71: Mexico Cigar Market, By Value, Forecast, 2018-2023(USD Billion) 86

Figure 72: Mexico Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 87

Figure 73: Mexico Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 87

Figure 74: Mexico Vapor Market, By Value, Historical 2013-2017 (USD Billion) 88

Figure 75: Mexico Vapor Market, By Value, Forecast, 2018-2023(USD Billion) 88

Figure 76: Brazil Tobacco Market Size, By Value, 2013-2023 (USD Billion) 90

Figure 77: Brazil Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 91

Figure 78: Brazil Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 91

Figure 79: Brazil Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 92

Figure 80: Brazil Smoking Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 92

15

List of Figures

Figure No. Figure Title Page No.

Figure 81: Brazil Cigar Market, By Value, Historical 2013-2017 (USD Billion) 93

Figure 82: Brazil Cigar Market, By Value, Forecast, 2018-2023(USD Billion) 93

Figure 83: Brazil Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 94

Figure 84: Brazil Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 94

Figure 85: Rest of America Tobacco Market Size, By Value, 2013-2023 (USD Billion) 96

Figure 86: Europe Tobacco Market Size, By Value, 2013-2017 (USD Billion) 98

Figure 87: Europe Tobacco Market Size, By Value, Forecast, 2018-2023 (USD Billion) 99

Figure 88: Leading Brands in Global Tobacco market, By Brand 2017 (%) 101

Figure 89: Europe Tobacco Market Size, By Region, 2017 (%) 102

Figure 90: Europe Tobacco Market Size, By Region, 2023 (%) 103

Figure 91: Europe Cigarette Market, By Value, Historical 2013-2017 (USD Billion) 104

Figure 92: Europe Cigarette Market, By Value, Forecast, 2018-2023(USD Billion) 104

Figure 93: Europe Cigarette Market, By Value, Historical 2013-2017 (USD Billion) 105

Figure 94: Europe Cigarette Market, By Value, Forecast, 2018-2023(USD Billion) 105

Figure 95: Europe Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 106

Figure 96: Europe Smoking Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 106

Figure 97: Europe Cigar Market, By Value, Historical 2013-2017 (USD Billion) 107

Figure 98: Europe Cigar Market, By Value, Forecast, 2018-2023(USD Billion) 107

Figure 99: Europe Cigar Market, By Value, Historical 2013-2017 (USD Billion) 108

Figure 100: Europe Cigars Market, By Value, Forecast, 2018-2023(USD Billion) 108

16

List of Figures

Figure No. Figure Title Page No.

Figure 101: Europe Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 109

Figure 102: Europe Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 109

Figure 103: Europe Smokeless tobacco Market, By Value, Historical 2013-2017 (USD Billion) 110

Figure 104: Europe Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 110

Figure 105: Europe Vapor Market, By Value, Historical 2013-2017 (USD Billion) 111

Figure 106: Europe Vapor Market, By Value, Forecast, 2018-2023(USD Billion) 111

Figure 107: Per Capita Health Expenditure, By Select Country, 2016 (USD) 112

Figure 108: European Union Population Size, 2013-2017 (% of total) 112

Figure 109: U.K Tobacco Market Size, By Value, 2013-2023 (USD Billion) 115

Figure 110: U.K Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 116

Figure 111: U.K Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 116

Figure 112: U.K Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 117

Figure 113: U.K Smoking Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 117

Figure 114: U.K Cigar Market, By Value, Historical 2013-2017 (USD Billion) 118

Figure 115: U.K Cigar Market, By Value, Forecast, 2018-2023 (USD Billion) 118

Figure 116: U.K Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 119

Figure 117: U.K Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 119

Figure 118: U.K Vapor Market, By Value, Historical 2013-2017 (USD Billion) 120

Figure 119: U.K Vapor Market, By Value, Forecast, 2018-2023 (USD Billion) 120

Figure 120: Germany Tobacco Market Size, By Value, 2013-2023 (USD Billion) 122

17

List of Figures

Figure No. Figure Title Page No.

Figure 121: Germany Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 123

Figure 122: Germany Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 123

Figure 123: Germany Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 124

Figure 124: Germany Smoking Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 124

Figure 125: Germany Cigar Market, By Value, Historical 2013-2017 (USD Billion) 125

Figure 126: Germany Cigar Market, By Value, Forecast, 2018-2023(USD Billion) 125

Figure 127: Germany Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 126

Figure 128: Germany Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 126

Figure 129: Germany Vapor Market, By Value, Historical 2013-2017 (USD Billion) 127

Figure 130: Germany Vapor Market, By Value, Forecast, 2018-2023(USD Billion) 127

Figure 131: France Tobacco Market Size, By Value, 2013-2023 (USD Billion) 129

Figure 132: France Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 130

Figure 133: France Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 130

Figure 134: France Smoking Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 131

Figure 135: France Smoking Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 131

Figure 136: France Cigar Market, By Value, Historical 2013-2017 (USD Billion) 132

Figure 137: France Cigar Market, By Value, Forecast, 2018-2023(USD Billion) 132

Figure 138: France Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 133

Figure 139: France Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 133

Figure 140: France Vapor Market, By Value, Historical 2013-2017 (USD Billion) 134

18

List of Figures

Figure No. Figure Title Page No.

Figure 141: France Vapor Market, By Value, Forecast, 2018-2023(USD Billion) 134

Figure 142: France, Per Capita Health Expenditure, 2013-2017 (USD) 135

Figure 143: France, Health Expenditure, Share of GDP, 2013-2017 (In %) 135

Figure 144: Rest of Europe Tobacco Market Size, By Value, 2013-2023 (USD Billion) 137

Figure 145: APAC Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 139

Figure 146: APAC Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 139

Figure 147: APAC Tobacco Market Size, By Region, 2017 (%) 141

Figure 148: APAC Tobacco Market Size, By Region, 2023 (%) 142

Figure 149: Leading Brands in Global Tobacco market, By Brand 2017 (%) 143

Figure 150: APAC Cigarette Market, By Value, Historical 2013-2017 (USD Billion) 144

Figure 151: APAC Cigarette Market, By Value, Forecast, 2018-2023(USD Billion) 144

Figure 152: APAC Cigarette Market, By Value, Historical 2013-2017 (USD Billion) 145

Figure 153: APAC Cigarette Market, By Value, Forecast, 2018-2023(USD Billion) 145

Figure 154: APAC Cigars Market, By Value, Historical 2013-2017 (USD Billion) 146

Figure 155: APAC Cigars Market, By Value, Forecast, 2018-2023(USD Billion 146

Figure 156: APAC Cigar Market, By Value, Historical 2013-2017 (USD Billion) 147

Figure 157: APAC Cigar Market, By Value, Forecast, 2018-2023 (USD Billion) 147

Figure 158: APAC Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 148

Figure 159: APAC Smokeless Tobacco Market, By Value, Historical 2013-2017 (USD Billion) 149

Figure 160: APAC Smokeless Tobacco Market, By Value, Forecast, 2018-2023(USD Billion) 149

19

List of Figures

Figure No. Figure Title Page No.

Figure 161: APAC Vapor Market, By Value, Historical 2013-2017 (USD Billion) 150

Figure 162: APAC Vapor Market, By Value, Forecast, 2018-2023(USD Billion) 150

Figure 163: India Tobacco Market Size, By Value, 2013-2023 (USD Billion) 153

Figure 164: India Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 155

Figure 165: India Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 155

Figure 166: India Smoking Tobacco Market, By Value, Historical, 2013-2017 (USD Billion) 156

Figure 167: India Smoking Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 156

Figure 168: India Cigar Market, By Value, Historical, 2013-2017 (USD Billion) 157

Figure 169: India Cigar Market, By Value, Forecast, 2018-2023 (USD Billion) 157

Figure 170: India Smokeless Tobacco Market, By Value, Historical, 2013-2017 (USD Billion) 158

Figure 171: India Smokeless Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 158

Figure 172: India Vapor Market, By Value, Historical, 2013-2017 (USD Billion) 159

Figure 173: India Vapor Market, By Value, Forecast, 2018-2023 (USD Billion) 159

Figure 174: GDP Growth, India, 2013-2017 (In % ) 160

Figure 175: Prevalence of current tobacco use, GATS India, 2009-10 and 2016-17 (In %) 160

Figure 176: China Tobacco Market Size, By Value, 2013-2023 (USD Billion) 162

Figure 177: China Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 163

Figure 178: China Cigarette Market, By Value, Forecast, 2018-2023 (USD Billion) 163

Figure 179: China Smoking Tobacco Market, By Value, Historical, 2013-2017 (USD Billion) 164

Figure 180: China Smoking Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 164

20

List of Figures

Figure No. Figure Title Page No.

Figure 181: China Cigar Market, By Value, Historical, 2013-2017 (USD Billion) 165

Figure 182: China Cigar Market, By Value, Forecast, 2018-2023 (USD Billion) 165

Figure 183: China Smokeless Tobacco Market, By Value, Historical, 2013-2017 (USD Billion) 166

Figure 184: China Smokeless Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 166

Figure 185: China Vapor Market, By Value, Historical, 2013-2017 (USD Billion) 167

Figure 186: China Vapor Market, By Value, Forecast, 2018-2023 (USD Billion) 167

Figure 187: Japan Tobacco Market Size, By Value, 2013-2023 (USD Billion) 169

Figure 188: Japan Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 170

Figure 189: Japan Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 170

Figure 190: Japan Smoking Tobacco Market, By Value, Historical, 2013-2017 (USD Billion) 171

Figure 191: Japan Smoking Tobacco Market, By Value, Historical, 2013-2017 (USD Billion) 171

Figure 192: Japan Cigar Market, By Value, Historical, 2013-2017 (USD Billion) 172

Figure 193: Japan Cigar Market, By Value, Forecast, 2018-2023 (USD Billion) 172

Figure 194: Japan Cigar Market, By Value, Forecast, 2018-2023 (USD Billion 173

Figure 195: Japan Smokeless Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 173

Figure 196: Japan Vapor Market, By Value, Historical, 2013-2017 (USD Billion) 174

Figure 197: Japan Vapor Market, By Value, Forecast, 2018-2023 (USD Billion) 174

Figure 198: Indonesia Tobacco Market Size, By Value, 2013-2023 (USD Billion) 176

Figure 199: Indonesia Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 177

Figure 200: Indonesia Cigarette Market, By Value, Historical, 2013-2017 (USD Billion) 177

21

List of FiguresFigure No. Figure Title Page No.

Figure 201: Indonesia Smoking Tobacco Market, By Value, Historical, 2013-2017 (USD Billion) 178

Figure 202: Indonesia Smoking Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 178

Figure 203: Indonesia Cigar Market, By Value, Historical, 2013-2017 (USD Billion) 179

Figure 204: Indonesia Cigar Market, By Value, Forecast, 2018-2023 (USD Billion) 179

Figure 205: Indonesia Smokeless Tobacco Market, By Value, Historical, 2013-2017 (USD Billion) 180

Figure 206: Indonesia Smokeless Tobacco Market, By Value, Forecast, 2018-2023 (USD Billion) 180

Figure 207: Indonesia Vapor Market, By Value, Historical, 2013-2017 (USD Billion) 181

Figure 208: Indonesia Vapor Market, By Value, Forecast, 2018-2023 (USD Billion) 181

Figure 209: Rest of APAC Tobacco Market Size, By Value, 2013-2023 (USD Billion) 183

Figure 210: ROW Tobacco Market Size, By Value, 2013-2017 (USD Billion) 185

Figure 211: ROW Tobacco Market Size, By Value, Forecast, 2018-2023 (USD Billion) 186

Figure 212: Adults who currently use e-cigarettes, 2016 (in %) 190

Figure 213: Rising Global GDP per capita (USD) 194

Figure 214: Global Tobacco Market Size, By Company Share, 2017(%) 207

Figure 215: ITC, Revenue, 2013-2018 (USD Millions) 210

Figure 216: ITC, Revenue, By Business Segments, 2018 (%) 210

Figure 217: ITC, Revenue, By Geographic Region, 2018 (%) 211

Figure 218: ITC, Net Profit, 2013-2018 (in USD Million) 211

Figure 219: PMI, Revenue, 2013-2017 (USD Million) 213

Figure 220: PMI, Net Sales, By Product segment, 2017 (%) 213

22

List of FiguresFigure No. Figure Title Page No.

Figure 221: PMI, Net Profit,2013-2017,(USD Million) 214

Figure 222: PMI, Net Sales by Geographical Region,2013-17,(USD Million) 214

Figure 223: Altria Group, Revenue, 2013-2017 (USD Millions) 216

Figure 224: Altria, Net Profit, 2013-2017 ( In USD Million) 216

Figure 225: Altria Group, Revenue by Products, 2017,( In % ) 217

Figure 226: KT&G, Revenue, 2013-2017 (USD Millions) 219

Figure 227: KT&G, Revenue, By Overseas Geographical Region, 2017 (%) 219

Figure 228: KT&G, Net Profit, 2013-2017,(USD Millions) 220

Figure 229: KT&G, Revenue, By Product Segments, 2017, (in %) 220

Figure 230: KT&G, Revenue, By Product, 2017, (in %) 221

Figure 231: BAT, Revenue, 2013-2017 (USD Millions) 223

Figure 232: BAT, Revenue, By Overseas Geographical Region, 2017 (%) 223

Figure 233: BAT, Net Profit, 2013-2017 (USD Millions) 224

Figure 234: Japan Tobacco International, Revenue, 2013-2017 (USD Millions) 226

Figure 235: Japan Tobacco International, Revenue, By Geographical Region, 2017 (in %) 226

Figure 236: Japan Tobacco International, Net Profit, 2013-2017 (USD Millions) 227

Figure 237: Japan Tobacco International, Revenue By Product Segments, 2017, (in %) 227

Figure 238: Gudang Garam, Revenue, 2013-2017 (USD Millions) 230

Figure 239: Gudang Garam, Revenue, 2013-2017, (In USD Millions) 230

Figure 240: Gudang Garam, Net Profit, 2013-2017, (in USD millions) 231

23

List of FiguresFigure No. Figure Title Page No.

Figure 241: Gudang Garam, Regional Revenue, 2013-2017, (in %) 231

Figure 242: Gudang Garam, Product wise Revenue, 2017 (%) 232

Figure 243: Imperial Brands, Revenue, 2013-2017 (USD Millions) 234

Figure 244: Imperial Brands, Revenue, By Geographical Region, 2017 (In %) 234

Figure 245: Imperial Brands, Net Profit, By Segment ( USD Millions) 235

Figure 246: Imperial Brands, Revenue by brands, 2013-2017 (In %) 235

Figure 247: Scandinavian Tobacco Group’s, Revenue, 2013-2017 (USD Millions) 237

Figure 248: Scandinavian Tobacco Group’s, Revenue, By Region, 2016 (%) 237

Figure 249: Scandinavian Tobacco Group’s, Net Income, 2013-2017 (USD Millions) 238

Figure 250: Scandinavian Tobacco Group’s, Product wise Revenue, 2017 (In %) 238

Figure 251: Turning Point Brands, Revenue, 2013-2017 (USD Millions) 240

Figure 252: Turning Point Brands, Region wise Revenue, 2017 (in %) 240

Figure 253: Turning Point Brands, Net Profit, 2013-2017 (in USD millions) 241

Figure 254: Turning Point Brands, Product wise Revenue, 2017, (in %) 241

24

For our study on Global Tobacco Market, we have conducted comprehensive secondary research followed by

an extensive primary research. In the process of secondary research, we have scrutinized industry

documents, accessed from open sources, premium paid databases (Bloomberg, Thomson Reuters, Factiva)

and our internal knowledge base. In the process of primary research, we have interviewed various industry

experts across the value chain of the tobacco industry.

Market size of the actual period (2013-2017) has been evaluated on the basis of growth trends of the

industry in the last five years, and confirming the findings through primary research. Annual reports of

the companies are scanned to further validate the market size and to estimate the size of various other

applications. Market sizing and growth in the forecast period (2018-2023) is estimated through revenue

mapping, growth of new advance equipment and technology and historical growth pattern of the

industry. All the relevant data points/ statistics in the forecast period are validated through relevant and

reliable primary sources.

Report Focus: Global Tobacco Market.

- By Type (Factory Made Cigarettes, Fine Cut Tobacco, Making Your Own Cigarettes, Pipe Tobacco,

Handmade Cigars, Machine Made Cigars)

- By Region (North America, Latin America, Europe, Asia Pacific, and ROW),

- By Country (U.S., Canada, UK, Germany, France, India, China, Japan)

- Company Coverage (PMI, JTI, BAT, Turning Point Brands, KT&G, etc.)

Companies Contacted: ITC, etc.

Research Methodologies

25

Global Tobacco Market Overview

Source: Azoth Analytics Estimates

Xx

Xx

Xx

Xx

Xx

Xx

Global Tobacco market has seen rise where the market’s major players are focusing on the developing regions.

Figure 2: Global Tobacco Market Size, By Value, 2013-2017 (USD Billion)

CAGR 2013-2017

xx%

2013 2014 2015 2016 2017

26

Global Tobacco Market Overview

Source: Azoth Analytics Estimates

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Tobacco on account of growing health consciousness coupled with rising technological advancements is likely to drive

the demand in forecast period.

Figure 3: Global Tobacco Market Size, By Value, 2018-2023 (USD Billion)

CAGR 2018-2023

xx%

2018 2019 2020 2021 2022 2023

27

Figure 10: Global Cigarette Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Figure 11: Global Cigarette Market, By Value, Forecast,

2018-2023 (USD Billion)

Global Cigarette Market- By Segment

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

28

Figure 12: Global Cigarette Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

CAGR 2013-2017

Machine-Made Cigarette- xx%

ROY Cigarettes- xx%

CAGR 2018-2023

Machine-Made Cigarettes – xx%

ROY Cigarettes – xx%

Figure 13: Global Cigarette Market, By Value, Forecast,

2018-2023(USD Billion)

Global Cigarette Market- By Segment

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Machine Made Cigarette RYO Cigarettes

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Machine Made Cigarettes

xx xx xx xx xx xx xx xx xx xx xx

RYO Cigarettes xx xx xx xx xx xx xx xx xx xx xx

29

Figure 14: Global Cigar Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Figure 15: Global Cigar Market, By Value, Forecast, 2018-

2023 (USD Billion)

Global Cigar Market- By Segment

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

30

Figure 16: Global Cigar Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

CAGR 2013-2017

Machine-Made Cigars – xx%

Hand-Made Cigars – xx%

CAGR 2018-2023

Machine-made Cigars – xx%

Hand-Made Cigars – xx%

Figure 17: Global Cigar Market, By Value, Forecast, 2018-

2023 (USD Billion)

Global Cigar Market- By Segment

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Machine Made Cigars Hand-made Cigars

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Machine Made Cigars

xx xx xx xx xx xx xx xx xx xx xx

Hand-made CIgars

xx xx xx xx xx xx xx xx xx xx xx

31

Figure 18: Global Smokeless Tobacco Market, By Value,

Historical 2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Figure 19: Global Smokeless Tobacco Market, By Value,

Forecast, 2018-2023 (USD Billion)

Global Smokeless Tobacco Market- By Segment

Xx

Xx

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

32

Figure 20: Global Smokeless Tobacco Market, By Value,

Historical 2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

CAGR 2013-2017

Chewing Tobacco- xx%

Snuff – xx%

CAGR 2018-2023

Chewing Tobacco- xx%

Snuff – xx%

Figure 21: Global Smokeless Tobacco Market, By Value,

Forecast, 2018-2023 (USD Billion)

Global Smokeless Tobacco Market- By Segment

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Chewing Tobacco Snuff

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Chewing Tobacco

xx xx xx xx xx xx xx xx xx xx xx

Snuff xx xx xx xx xx xx xx xx xx xx xx

33

Figure 22: Global Vapor Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 23: Global Vapor Market, By Value, Forecast, 2018-

2023 (USD Billion)

Global Vapor Market- By Segment

34

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Americas Tobacco Market Overview

Source: Azoth Analytics Estimates

Tobacco Market in Americas has been rising and also health consciousness and growing trend of

newly evolved products is rising, affecting the market in different ways.

Figure 24: Americas Tobacco Market Size, By Value, 2013-2017 (USD Billion)

35

Xx

Xx

Xx

Xx

Xx

Xx

CAGR 2013-2017

xx%

2013 2014 2015 2016 2017

Americas Tobacco Market Overview

Noteworthy growth in the regional market is attributed to high focus on international sales and

pioneering of E-commerce sales

Source: Azoth Analytics Estimates

Figure 25: Americas Tobacco Market Size, By Value, Forecast, 2018-2023 (USD Billion)

36

Xx

Xx

Xx

Xx

Xx

Xx

Xx

CAGR 2018-2023

xx%

2018 2019 2020 2021 2022 2023

Figure 27: Americas Cigarette Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 28: Americas Cigarette Market, By Value, Forecast,

2018-2023(USD Billion)

Americas Cigarette Market- By Segment

37

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Xx

Xx

Xx

Xx

Xx

Xx

Figure 29: America’s Cigarette Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 30: America’s Cigarette Market, By Value, Forecast,

2018-2023(USD Billion)

America’s Cigarette Market- By Segment

Source: Azoth Analytics Estimates38

CAGR 2013-2017

Machine-Made Cigarette- xx%

ROY Cigarettes- xx%

CAGR 2018-2023

Machine-Made Cigarettes – xx%

ROY Cigarettes – xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Machine Made Cigarette RYO Cigarettes

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Machine Made Cigarettes

xx xx xx xx xx xx xx xx xx xx xx

RYO Cigarettes xx xx xx xx xx xx xx xx xx xx xx

Figure 31: America’s Smoking Tobacco Market, By Value,

Historical 2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Figure 32: America’s Smoking Tobacco Market, By Value,

Forecast, 2018-2023(USD Billion)

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Americas Smoking Tobacco Market- By Segment

Xx

Xx

Xx

Xx

Xx

Xx

39

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Figure 33: America’s Cigar Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 34: America’s Cigar Market, By Value, Forecast,

2018-2023(USD Billion)

America’s Cigar Market- By Segment

40

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Xx

Xx

Xx

Xx

Xx

Xx

Figure 35: America’s Cigar Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 36: America’s Cigars Market, By Value, Forecast,

2018-2023(USD Billion)

America’s Cigars Market- By Segment

Source: Azoth Analytics Estimates41

CAGR 2013-2017

Machine-Made Cigars – xx%

Hand-Made Cigars – xx%

CAGR 2018-2023

Machine-made Cigars – xx%

Hand-Made Cigars – xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Machine Made Cigars Hand-made Cigars

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Machine Made Cigars

xx xx xx xx xx xx xx xx xx xx xx

Hand-made CIgars

xx xx xx xx xx xx xx xx xx xx xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Figure 37: America’s Smokeless Tobacco Market, By Value,

Historical 2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 38: America’s Smokeless Tobacco Market, By Value,

Forecast, 2018-2023(USD Billion)

Americas Smokeless Tobacco Market- By Segment

42

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Xx

Xx

Xx

Xx

Xx

Xx

Figure 39: America’s Smokeless tobacco Market, By Value,

Historical 2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 40: America’s Smokeless Tobacco Market, By Value,

Forecast, 2018-2023(USD Billion)

America’s Smokeless Tobacco Market- By Segment

Source: Azoth Analytics Estimates43

CAGR 2013-2017

Chewing Tobacco- xx%

Snuff – xx%

CAGR 2018-2023

Chewing Tobacco- xx%

Snuff – xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Chewing Tobacco Snuff

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Chewing Tobacco

xx xx xx xx xx xx xx xx xx xx xx

Snuff xx xx xx xx xx xx xx xx xx xx xx

Figure 41: America’s Vapor Market, By Value, Historical

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 42: America’s Vapor Market, By Value, Forecast,

2018-2023(USD Billion)

Americas Vapor Tobacco Market- By Segment

44

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Xx

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

U.S. Tobacco Market, By Value

• .

Source: Azoth Analytics Estimates

United States Tobacco Market has increasingly grown through healthy growth in business, industry in

the country.

Figure 43: U.S. Tobacco Market Size, By Value, 2013-2023 (USD Billion)

45

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Xx

Xx

Xx

Xx

Xx

Xx

Global Low Temperature Sterilization Market, By Value

• .

Figure 44: U.S. Cigarette Market, By Value, Historical,

2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 45: U.S. Cigarette Market, By Value, Forecast,

2018-2023 (USD Billion)

U.S. Cigarette Market- By Segment

46

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Figure 46: US Smoking Tobacco Market, By Value,

Historical 2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 47: US Smoking Tobacco Market, By Value,

Forecast, 2018-2023(USD Billion)

US Smoking Tobacco Market- By Segment

47

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Xx

Xx

Xx

Xx

Xx

Xx

Figure 48: US Cigar Market, By Value, Historical 2013-

2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 49: US Cigar Market, By Value, Forecast, 2018-

2023(USD Billion)

US Cigar Market- By Segment

48

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Figure 50: US Smokeless Tobacco Market, By Value,

Historical 2013-2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 51: US Smokeless Tobacco Market, By Value,

Forecast, 2018-2023(USD Billion)

US Smokeless Tobacco Market- By Segment

49

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Figure 52: US Vapor Market, By Value, Historical 2013-

2017 (USD Billion)

Source: Azoth Analytics Estimates

Figure 53: US Vapor Market, By Value, Forecast, 2018-

2023(USD Billion)

US Vapor Tobacco Market- By Segment

50

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Xx

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

(c) AZOTH Analytics

About Azoth Analytics Pvt Ltd.

Azoth Analytics (ISO 9001:2015) is a business research and analytics company that creates in-depth research reports and provides customized research

solutions and consulting services. An ISO 9001:2015 certified company, Azoth Analytics adheres to international quality management standard and has strong

commitment to a culture of continuous improvement. The business research and market analysis of Azoth Analytics helps organizations across different

industry verticals solve their business problems. Strategic market sizing and data dredging techniques include secondary research, and primary research

(interviews with management personnel and industry experts). Azoth Analytics provide syndicated and customized market research reports on different

verticals including pharmaceutical and healthcare, oil and gas and power, chemicals, automotive, technology, FMCG, food & beverages and media sectors.

51