The North America cigarette market reached a value of US$ 47.5 Billion in 2018. Cigarettes are thin cylinders of finely cut tobacco that are rolled in paper for smoking. They were invented in the 9th century in the form of reeds and smoking tubes but are currently available in a wide variety of nicotine or other psychoactive herbal substances.
North America represents the third largest market for cigarettes, with their demand rising due to the increasing population, and hectic and stressful lifestyles of individuals in the region. In addition to this, the availability of distinctive and innovative flavors, such as menthol, mango, clove, chocolate, cherry, mint and orange, has increased the consumption of cigarettes across its major markets. Moreover, the introduction of gender-targeted products, such as skinny and flavored cigarettes for female smokers, has also boosted the overall sales of cigarettes. Furthermore, rising consumer awareness towards the adverse health effects of cigarettes has led to a rise in the demand for nicotine-free e-cigarettes. Looking forward, the analyst expects the market to reach a value of US$ 48.7 Billion by 2024, registering a CAGR of 0.4% during 2019-2024.
Report Scope: North America Cigarette Market
Key Regions Analyzed United States Canada
Analysis for Each Country Market by Type Light Medium Others
Market by Distribution Channel Tobacco Shops Supermarkets and Hypermarkets Convenience Stores Online Stores Others
Value Chain Analysis Key Drivers and Challenges Porters Five Forces Analysis PESTEL Analysis Government Regulations Competitive Landscape Competitive Structure Key Player Profiles
Key Questions Answered in This Report: How has the North America cigarette market performed so far and how will it perform in the coming years? What are the key regions in the North America cigarette market? What is the breakup of the North America cigarette market on the basis of type? What is the breakup of the North America cigarette market on the basis of distribution channel? What are the various stages in the value chain of the North America cigarette industry? What are the key driving factors and challenges in the North America cigarette industry? What is the structure of the North America cigarette industry and who are the key players? What is the degree of competition in the North America cigarette industry? What are the profit margins in the North America cigarette industry?
Report Coverage: Base Year Considered: 2018 Historical Data Coverage: 2013-2018 Market Forecast: 2019-2024 Currency: US$ Geography Covered: North America, United States and Canada Segments Covered: Type and Distribution Channel.
This latest report provides a deep insight into the North America cigarette market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America cigarette market in any manner.
Report Customization: Although the analyst has tried to cover everything in the North America cigarette market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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