North America Cigarette Market (2021-2027)
Market Forecast By Countries (United States, Canada), By Type (Light, Medium, Others), By Distribution Channel (Tobacco Shops, Supermarket, And Hypermarkets, Convenience Stores, Online Stores, Others) And Competitive Landscape
According to 6Wreasearch, the North America Cigarette Market size is anticipated to register growth during the period 2021-2027. North America cigarette market concentration has increased primarily due to mergers and growth in the Marlboro brand. In 2019, the American company Philip Morris was the cigarette industry leader in North America, accounting for more than half of the market. Also, Mexico is the fourth main country for British American Tobacco Plc in terms of production, and the company exports to the US, Canada, and other countries in Central America. The U.S. tobacco market is expected to grow further over the forecast period. Growing consumer disposable income and the availability of superior products like customized cigarettes and pipes are driving the market growth. Retail sales of tobacco products and supplies have witnessed similar growth, with sales reaching huge shares in 2017, an increase of billions of Canadian dollars over the four years. Despite this increase in retail sales and market value, the share of Canadians who smoke currently, occasionally, or daily has continued to decline year on year.
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Key Highlights of the Report:
North America Cigarette Market Outlook
North America Cigarette Price Trends
North America Cigarette Market Trend Evolution
North America Cigarette Market Drivers and Challenges
North America Cigarette Price Trends
North America Cigarette Porter’s Five Forces
North America Cigarette Industry Life Cycle
North America Cigarette Market - Key Performance Indicators
North America Cigarette Market - Top Companies Market Share
North America Cigarette Market - Top Companies Profiles
North America Cigarette Market - Strategic Recommendations
North America Cigarette Market - Opportunity Assessment By Type
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