Overview, Trends and Forecast of the $ 617.4 Billion Asia Cigarette Market to 2025

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DUBLIN, October 14, 2021 / PRNewswire / – The “Asian cigarette market (China, Japan, India, Indonesia, Malaysia, Philippines & Korea): Insights, Trends and Forecasts (2021-2025) “ report was added to ResearchAndMarkets.com offer.

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The Asian cigarette market is expected to reach US $ 617.40 billion in 2025, growing at a CAGR of 5.61%

The growth of the Asian cigarette market in value was due to an increase in the youth population, an increase in the number of female smokers and an increase in the level of stress experienced by people encouraging more people to smoke, inflation and the increase in gross domestic income which drove the prices of cigarettes, thus increasing the market value of cigarettes.

However, the growth of the market would be compromised by the increasing penetration of illicit cigarettes, new generation products and the decrease in the number of habitual smokers.

The Asian cigarette market by volume is expected to reach $ 2.99 trillion in 2025, experiencing a decline in the period 2021 to 2025. The decline of the Asian cigarette market by volume was due to a growing awareness of health issues that cause people to reduce consumption, increase in the number of alternative products like NGP, increase in awareness by the education system and increase in cigarette prices.

The market is expected to experience some trends such as growing preference for flavored cigarettes and increasing advertising campaigns. In 2020, the dominant market share was held by China followed by Indonesia, Japan, India, Korea, Philippines, Malaysia and the rest of Asia.

Scope of the report

  • The report provides a comprehensive analysis of the Asian cigarette market with potential impact from COVID-19.

  • The large regional markets (China, Indonesia, Japan, India, Korea, Philippines, Malaysia and the rest of Asia) were analyzed.

  • Market dynamics such as growth drivers, market trends and challenges are analyzed in depth.

  • The competitive landscape of the market, along with the company profiles of major players (China Tobacco International (HK) Company Limited, ITC, Philip Morris International, British American Tobacco, Japan Tobacco International, Imperial Tobacco) are also presented in detail.

Main topics covered:

1. Market overview
1.1 Cigarette
1.1.1 Cigarette – Presentation
1.1.2 Cigarette – Main components
1.1.3 Cigarette – Construction
1.1.4 Health risks of smoking
1.2 Types of cigarettes

2. Market analysis
2.1 Asian Cigarette Market by Value
2.2 Asia Cigarette Market Forecast by Value
2.3 Asia Cigarette Market Value by Countries
2.4 Asian cigarette market by volume
2.5 Asia Cigarette Market Forecast by Volume
2.6 Asia Electronic Cigarette Market Volume by Region

3. Asian regional market
3.1 China
3.1.1 China Cigarette Market Forecast by Value
3.1.2 Chinese Cigarette Market in Volume
3.1.3 China Electronic Cigarette Market Forecast by Volume
3.1.4 China Electronic Cigarette Market Volume by Type
3.1.5 Chinese Economy Cigarette Market by Volume
3.1.6 China Average Price Cigarette Market by Volume
3.1.7 China High-End Cigarette Market by Volume
3.2 Japan
3.3 Indonesia
3.4 Malaysia
3.5 India
3.6 Korea
3.7 Philippines

4. Market dynamics
4.1 Growth drivers
4.1.1 Increase in urban population
4.1.2 Increase disposable income
4.1.3 Escalation of stress problems
4.1.4 Increase in the female population
4.1.5 Increase in youth population
4.2 Key trends and developments
4.2.1 Growing preference for flavored cigarettes
4.2.2 Advances in convenience stores
4.3 challenges
4.3.1 Increase alternatives to traditional smoking
4.3.2 Penetration of illicit cigarettes
4.3.3 Decline in habitual smokers

5. Competitive landscape
5.1 Asian market
5.1.1 Income comparison – Key players
5.1.2 Market capitalization comparison – Key players
5.1.3 Comparison of research and development expenditure – Key players

6. Company profiles
6.1 Company overview
6.2 Financial overview
6.3 Business strategies

  • China Tobacco International (HK) Company Limited

  • ITC Limited

  • Imperial Tobacco

  • Japan Tobacco International

  • Philip Morris International

  • British American Tobacco

For more information on this report, visit https://www.researchandmarkets.com/r/vt2y4a

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