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Middle East & Africa 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)

Report Code :  BMIRE00025233
No. of Pages :  49
Published Month :  Jun 2022
Category :  Consumer Goods
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The Middle East & Africa tobacco product market is expected to reach US$ 66,168.81 million by 2028 from US$ 54,350.54 million in 2021. The market is estimated to grow at a CAGR of 2.9% from 2021 to 2028.

 

Companies frequently use product innovation and new product development (NPD) strategies to improve brand performance, retain existing customers, and attract new ones. Moreover, marketing limitations in the tobacco industry have resulted in a more direct relationship between innovation and sales. Recently, tobacco companies have been developing heated tobacco products. Adult smokers face the biggest health risk from burning tobacco and breathing the smoke. It is the most dangerous method to consume nicotine, and it is linked to major illnesses and fatalities. Cigarettes burn tobacco at high temperatures, generating ash, tar, and smoke that includes large amounts of hazardous chemicals. On the other hand, heated tobacco products to substantially lower temperatures heat tobacco without burning it, resulting in no fire, ash, or smoke. The Middle East & Africa tobacco products market is expected to grow at a good CAGR during the forecast period.

Middle East & Africa Tobacco Product Revenue and Forecast to 2028 (US$ Million)


  

Middle East & Africa Tobacco Product Market Segmentation     

 

The Middle East & Africa 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 Middle East & Africa tobacco product market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa tobacco product market in 2020.

 

Altria Group Inc, British American Tobacco, Swedish Match AB, Japan Tobacco International, and Philip Moris Product are among the leading companies in the Middle East & Africa tobacco product market.

 

  1. Altria Group Inc.
  2. British American Tobacco.
  3. Swedish Match AB.
  4. Japan Tobacco International.
  5. Philip Moris Product S.A.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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.