Worldwide Cigarette Market to Increase by Value to 2021, Predicts Daedal Research in Its Insightful Report Recently Added at MarketPublishers.com
29 May 2017 • by Natalie Aster
LONDON – The worldwide cigarette market has observed a considerable CAGR from 2010 to 2016, and forecasts say the market will increase in terms of value over the next 4 years through to end-2021. The cigarette marketplace is anticipated to gain traction owing to an upsurge in the world’s rising urban population, GDP per capita growth, decline in global prices for tobacco, growing young population, amid others. Meantime, the market is facing a range of challenges like decreasing incidence rates of adult smoking in various corners of the world, introduction of electronic cigarettes, increasing healthcare expenditure per-capita, amid others.
Imperial Brands Plc, British American Tobacco, Japan Tobacco International, and Philips Morris International Inc. are the four players that dominate the competition in the global market for cigarettes.
New insightful research report “Global Cigarette Market: Size, Trends and Forecasts (2017-2021)” drawn up by Daedal Research offers a comprehensive, unbiased analysis of the market worldwide as well as provides deep insights into the key country and regional cigarette markets such as the USA, EU, EEMA, Asia-Pacific, Canada and Latin America.
The study gives an all-round assessment of the world cigarettes market in terms of volume and value. It also categorises the market based on products and geography. The report also assesses the key opportunities in the market, outlines the factors that are and will be driving and restraining the growth of the industry. The research predicts the growth of the total cigarette market from 2017 to 2021, taking into account the former growth patterns, key driving forces alongside the current and prospective trends. It also provides profiles of the top 4 players canvassing their financials and pertinent business strategies.
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