The global revenue in the tobacco products market was forecast to continuously increase between 2023 and 2027 by in total 97.5 billion U.S. dollars (+10.36 percent). After the eleventh consecutive increasing year, the indicator is estimated to reach 1 trillion U.S. dollars and therefore a new peak in 2027.
Data provided by Statista Market Insights are estimates.
The market for Tobacco Products is constituted here by (filtered) Cigarettes, Smoking Tobacco (fine-cut tobacco, pipe tobacco), Cigars and cigarillos, and E-Cigarettes. Snuff, chewing tobacco and heat-not-burn products are not included at the moment nor are untaxed tobacco products. The five most important producers worldwide are the China National Tobacco Corporation, Philip Morris International (PMI), British American Tobacco (BAT), Japan Tobacco International (JTI) and Imperial Tobacco.
The market is divided into the following segments:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, and sales channels. To give a better representation of per capita figures, the population considered is 15 years and above.
To enable a better comparison between Cigarettes and Cigars and loose tobacco in terms of per capita consumption and price per unit, the latter's volume is denoted in 1,000 kgs (total consumption) and grams (per capita consumption, price per unit).
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Statista. (July 12, 2023). Revenue of the tobacco products market worldwide from 2014 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 08, 2023, from https://www.statista.com/forecasts/1098876/tobacco-global-market-value
Statista. "Revenue of the tobacco products market worldwide from 2014 to 2027 (in billion U.S. dollars)." Chart. July 12, 2023. Statista. Accessed December 08, 2023. https://www.statista.com/forecasts/1098876/tobacco-global-market-value
Statista. (2023). Revenue of the tobacco products market worldwide from 2014 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 08, 2023. https://www.statista.com/forecasts/1098876/tobacco-global-market-value
Statista. "Revenue of The Tobacco Products Market Worldwide from 2014 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Jul 2023, https://www.statista.com/forecasts/1098876/tobacco-global-market-value
Statista, Revenue of the tobacco products market worldwide from 2014 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1098876/tobacco-global-market-value (last visited December 08, 2023)
Revenue of the tobacco products market worldwide from 2014 to 2027 (in billion U.S. dollars) [Graph], Statista, July 12, 2023. [Online]. Available: https://www.statista.com/forecasts/1098876/tobacco-global-market-value