Europe Tobacco Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Cigarettes, Cigars & Cigarillos, Roll-Your-Own, and Others), and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others)
The Europe tobacco product market is expected to reach US$ 249,426.46 million by 2028 from US$ 221,234.08 million in 2021. The market is estimated to grow at a CAGR of 1.7% from 2021 to 2028.
The demand for tobacco products is shifting significantly from developed countries to developing countries. The rising consumption of tobacco in developing countries is attributed to an increase in per capita income, less stringent government regulations, and the rise in influence of western culture. Tobacco companies are increasingly targeting developing markets due to their strong growth potential. Consumers have easy access to a wide range of products. Leading tobacco companies are expanding their operations across developing countries, positively boosting market growth across the region. The presence of leading tobacco companies in the region, coupled with the rise in consumer access to tobacco products, is driving the North America tobacco products market. The Europe tobacco products market is expected to grow at a good CAGR during the forecast period.
Europe Tobacco Product Revenue and Forecast to 2028 (US$ Million)
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Europe Tobacco Product Market Segmentation
The Europe tobacco product market is segmented into product type, distribution channel, and country. Based on product type, the market is segmented into cigarettes, cigars & cigarillos, roll-your-own, and others. The cigarettes segment accounted for a major share in 2020. Based on distribution channel, the market is categorized into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment dominated the market in 2020. Based on country, the Europe tobacco product market is segmented into Germany, Italy, France, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe tobacco product market in 2020.
Altria Group Inc, British American Tobacco, Japan Tobacco International, Imperial Brands, Vector Group Ltd, Philip Moris Product S.A, and Pyxus International Inc are among the leading companies in the Europe tobacco product market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-Economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Europe Tobacco Products Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
5. Europe Tobacco Products Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Consumption of Tobacco Products in Developing Economies
5.2 Market Restraints
5.2.1 Stringent Regulations Related to Tobacco Products
5.3 Market Opportunities
5.3.1 Rising Marketing Investments
5.4 Future Trends
5.4.1 Development of Innovative and Premium Products
5.5 Impact Analysis of Drivers and Restraints
6. Europe Tobacco Products Market – Europe Market Analysis
6.1 Tobacco Products Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Tobacco Products Market Analysis – By Product Type
7.1 Overview
7.2 Europe Tobacco Products Market Breakdown, by Product Type, 2020 & 2028
7.3 Cigarettes
7.3.1 Overview
7.3.2 Cigarettes: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cigar & Cigarillos
7.4.1 Overview
7.4.2 Cigar & Cigarillos: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Roll-Your-Own
7.5.1 Overview
7.5.2 Roll-Your-Own: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Tobacco Products Market Analysis – By Distribution Channel
8.1 Overview
8.2 Europe Tobacco Products Market Breakdown, by Distribution Channel, 2020 & 2028
8.3 Supermarkets & Hypermarkets
8.3.1 Overview
8.3.2 Supermarkets & Hypermarkets: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Convenience Stores
8.4.1 Overview
8.4.2 Convenience Stores: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Online Retail
8.5.1 Overview
8.5.2 Online Retail: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Tobacco Products Market – Country Analysis
9.1 Europe: Tobacco Products Market
9.1.1 Europe: Tobacco Products Market, by Key Country
9.1.1.1 Germany: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Tobacco Products Market, By Product Type
9.1.1.1.2 Germany: Tobacco Products Market, by Distribution Channel
9.1.1.2 France: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Tobacco Products Market, By Product Type
9.1.1.2.2 France: Tobacco Products Market, by Distribution Channel
9.1.1.3 Italy: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Tobacco Products Market, By Product Type
9.1.1.3.2 Italy: Tobacco Products Market, by Distribution Channel
9.1.1.4 Russia: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Russia: Tobacco Products Market, By Product Type
9.1.1.4.2 Russia: Tobacco Products Market, by Distribution Channel
9.1.1.5 UK: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 UK: Tobacco Products Market, By Product Type
9.1.1.5.2 UK: Tobacco Products Market, by Distribution Channel
9.1.1.6 Rest of Europe: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Tobacco Products Market, By Product Type
9.1.1.6.2 Rest of Europe: Tobacco Products Market, by Distribution Channel
10. Company Profiles
10.1 Altria Group, Inc.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 British American Tobacco plc
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Japan Tobacco International
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Imperial Brands
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Vector Group LTD.
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Philip Morris Products S.A.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Pyxus International, Inc.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Tobacco Products Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 4. France Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. France Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Russia Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Russia Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10. UK Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. UK Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms
LIST OF FIGURES
Figure 1. Europe Tobacco Products Market Segmentation
Figure 2. Europe Tobacco Products Market Segmentation – By Country
Figure 3. Europe Tobacco Products Market Overview
Figure 4. Europe Tobacco Products Market: By Product Type
Figure 5. Europe Tobacco Products Market: By Country
Figure 6. Europe Porter's Five Forces Analysis
Figure 7. Europe Expert Opinion
Figure 8. Europe Tobacco Products Market Impact Analysis of Drivers and Restraints
Figure 9. Europe: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Europe Tobacco Products Market Breakdown, by Product Type, 2020 & 2028
Figure 11. Europe Cigarettes: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Cigar & Cigarillos: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Roll-Your-Own: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Tobacco Products Market Breakdown, by Distribution Channel, 2020 & 2028
Figure 16. Europe Supermarkets & Hypermarkets: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Convenience Stores: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Online Retail: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe: Tobacco Products Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. Germany: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. France: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Italy: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Russia: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. UK: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Europe: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)- Altria Group Inc.
- British American Tobacco.
- Japan Tobacco International.
- Imperial Brands.
- Vector Group LTd.
- Philip Moris Product S.A.
- Pyxus International Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Tobacco Product market forecast.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in Europe Tobacco Product market forecast, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the tobacco product market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.