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Report ID: SQMIG30J2025
Report ID:
SQMIG30J2025 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
64 |
Figures:
75
Asia Pacific dominated the global tobacco market in 2022, accounting for almost 61% of the total revenue. The region's growth is supported by infrastructure improvements for offline sales and marketing campaigns by prominent companies in key markets such as India, Bangladesh, China, and the Philippines. companies are introducing flavored cigarettes to attract younger populations. The number of tobacco users is increasing in developing countries in Asia, with India having a particularly high number of consumers due to its large population.
The Middle East and Africa region is expected to be another lucrative market for manufacturers, with an estimated CAGR of 2.9% during the forecast period. The American Cancer Society and Vital Strategies' sixth edition of The Tobacco Atlas reports that tobacco consumption in the Middle East is estimated at 400 billion cigarettes per year. The survey shows significant increases in product usage in Bahrain, Lebanon, Egypt, Oman, and Saudi Arabia.
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Report ID: SQMIG30J2025