In 2023, Marlboro was by far the most valuable tobacco brand in the world, with a brand value of more than 34.7 billion U.S. dollars. L&M, which ranked third, had a brand value of just over 6.3 billion U.S. dollars that year.
An electronic cigarette, a.k.a. e-cigarette, is an electronic device aimed at providing a similar sensation to smoking tobacco, without the actual smoke. The use of electronic cigarettes was a method chosen by many U.S. consumers in order to help them quit smoking: approximately four million Americans quit smoking using such a device in 2020.
Most valuable tobacco brands worldwide in 2023
(in million U.S. dollars)
The source provides the following definition of Brand Value:"'Brand Value' is considered to be the value of the trade marks (and relating marketing IP and 'goodwill' attached to it) within the branded business."
Additional methodology is made available by the source.
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Brand Finance. (September 22, 2023). Most valuable tobacco brands worldwide in 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/399133/most-valuable-tobacco-brands-worldwide/
Brand Finance. "Most valuable tobacco brands worldwide in 2023 (in million U.S. dollars)." Chart. September 22, 2023. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/399133/most-valuable-tobacco-brands-worldwide/
Brand Finance. (2023). Most valuable tobacco brands worldwide in 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/399133/most-valuable-tobacco-brands-worldwide/
Brand Finance. "Most Valuable Tobacco Brands Worldwide in 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Sep 2023, https://www.statista.com/statistics/399133/most-valuable-tobacco-brands-worldwide/
Brand Finance, Most valuable tobacco brands worldwide in 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/399133/most-valuable-tobacco-brands-worldwide/ (last visited November 01, 2024)
Most valuable tobacco brands worldwide in 2023 (in million U.S. dollars) [Graph], Brand Finance, September 22, 2023. [Online]. Available: https://www.statista.com/statistics/399133/most-valuable-tobacco-brands-worldwide/