South & Central America 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 South & Central America tobacco product market is expected to reach US$ 43,840.24 million by 2028 from US$ 36,364.03 million in 2021. The market is estimated to grow at a CAGR of 2.7% 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. The South & Central America tobacco products market is expected to grow at a good CAGR during the forecast period.
South & Central America Tobacco Product Revenue and Forecast to 2028 (US$ Million)
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South & Central America Tobacco Product Market Segmentation
The South & Central America 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 South & Central America tobacco product market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America tobacco product market in 2020.
Altria Group Inc, British American Tobacco, Swedish Match AB, Japan Tobacco International, and Philip Moris Product S.A are among the leading companies in the South & Central America 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. South America 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. South America 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. Tobacco Products Market – South America Market Analysis
6.1 Tobacco Products Market –Revenue and Forecast to 2028 (US$ Million)
7. South America Tobacco Products Market Analysis – By Product Type
7.1 Overview
7.2 South America 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. South America Tobacco Products Market Analysis – By Distribution Channel
8.1 Overview
8.2 South America 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. South America Tobacco Products Market – Country Analysis
9.1 South & Central America: Tobacco Products Market
9.1.1 South & Central America: Tobacco Products Market, by Key Country
9.1.1.1 Brazil: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Tobacco Products Market, By Product Type
9.1.1.1.2 Brazil: Tobacco Products Market, by Distribution Channel
9.1.1.2 Argentina: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Tobacco Products Market, By Product Type
9.1.1.2.2 Argentina: Tobacco Products Market, by Distribution Channel
9.1.1.3 Rest of South & Central America: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of South & Central America: Tobacco Products Market, By Product Type
9.1.1.3.2 Rest of South & Central America: 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 Swedish Match AB
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 Japan Tobacco International
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 Philip Morris Products S.A.
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
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. South America Tobacco Products Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 4. Argentina Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of South & Central America Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of South & Central America Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms
LIST OF FIGURES
Figure 1. South America Tobacco Products Market Segmentation
Figure 2. South America Tobacco Products Market Segmentation – By Country
Figure 3. South America Tobacco Products Market Overview
Figure 4. South America Tobacco Products Market: By Product Type
Figure 5. South America Tobacco Products Market: By Country
Figure 6. South America Porter's Five Forces Analysis
Figure 7. South America Expert Opinion
Figure 8. South America Tobacco Products Market Impact Analysis of Drivers and Restraints
Figure 9. South America: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. South America Tobacco Products Market Breakdown, by Product Type, 2020 & 2028
Figure 11. South America Cigarettes: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. South America Cigar & Cigarillos: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. South America Roll-Your-Own: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. South America Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. South America Tobacco Products Market Breakdown, by Distribution Channel, 2020 & 2028
Figure 16. South America Supermarkets & Hypermarkets: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. South America Convenience Stores: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. South America Online Retail: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. South America Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. South & Central America: Tobacco Products Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. Brazil: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Argentina: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Rest of South & Central America: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
- Altria Group Inc.
- British American Tobacco.
- Swedish Match AB.
- Japan Tobacco International.
- 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 South & Central America 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 South & Central America 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 South & Central America 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.