Product ID: UCMIG30J2003
Menthol Cigarette Market Size, Share, Growth Analysis, By Capsule(Single Capsule, Double Capsule ), By End-User(Male, Female), By Regional(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG30J2003 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Menthol Cigarette Market Insights
Market Overview:
The market for menthol cigarettes was worth USD 80.0 billion in 2018 and is projected to grow at a CAGR of 3.1% between 2019 and 2025. The capacity of menthol to lessen the harshness of smoke, as well as the product's rising popularity among the younger generation, are all elements that contribute to the market's growth. Additionally, the smoother, easier-to-inhale smoke provided by menthol cigarettes makes it more appealing to women, the younger generation, and first-time smokers.
Menthol Cigarette Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Tobacco by segment aggregation, the contribution of the Tobacco in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Menthol Cigarette Market Report Snapshots
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