Market Research Insights

  San Francisco, 26 August 2021:   The Report  Tobacco Market  Size, Share & Trends Analysis Report By Product (Smokeless, Cigarettes, Cigar & Cigarillos, Next Generation Products, Waterpipes), By Region, And Segment Forecasts, 2021 - 2028 The global tobacco market size is expected to reach USD 1,073.79 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 1.8% from 2021 to 2028. The shifting preference among youngsters and the working-class population toward tobacco products, including cigars and next-generation products, is crucial for the market growth. Moreover, growing student spending on tobacco products across the globe is expected to offer new avenues for the growth of the market over the forecast period. The popularity of products, such as cigarettes and cigars and cigarillos, is increasing significantly in the U.S. For instance, according to the Centers for Disease Control and Pr...

  San Francisco, 26 April 2021:   The Report  Tobacco Market  Size, Share & Trends Analysis Report By Product (Smokeless, Cigarettes, Cigar & Cigarillos, Next Generation Products, Waterpipes), By Region, And Segment Forecasts, 2021 - 2028 The global tobacco market size is expected to reach USD 1,073.79 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 1.8% from 2021 to 2028. The shifting preference among youngsters and the working-class population toward tobacco products, including cigars and next-generation products, is crucial for the market growth. Moreover, growing student spending on tobacco products across the globe is expected to offer new avenues for the growth of the market over the forecast period. The popularity of products, such as cigarettes and cigars and cigarillos, is increasing significantly in the U.S. For instance, according to the Centers for Disease Control and Pre...

San Francisco, 13 November 2019:   The Report   Tobacco Market   Size, Share & Trends Analysis Report By Type (Cigarettes, Smoking Tobacco, Smokeless Tobacco, Cigars & Cigarillos), By Region (U.S., Canada, U.K., China), And Segment Forecasts, 2012 – 2021 The global tobacco market size is expected to reach USD 694.47 billion by 2021, according to a new study by Grand View Research, Inc., exhibiting a 2.8% CAGR from 2016 to 2021. The tobacco industry comprises a handful of players that grow, sell, and distribute tobacco-related products in the market. Advanced technologies have assisted the tobacco industry in automating manufacturing processes, in contrast to traditional manufacturing techniques that were labor dependent. Automation has also helped market players to grow in terms of profitability as the cost of labor was being saved. The global tobacco market is struggling due to ongoing restraints put by governments around the world on gr...