Asia Pacific Cigarette Market (2021-2027)
Market Forecast By Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest Of Asia), By Type (Light, Medium, Others), By Distribution Channel (Tobacco Shops, Supermarket And Hypermarkets, Convenience Stores, Online Stores, Others) And Competitive Landscape
According to 6Wresearch, the Asia Pacific Cigarette Market is projected to register growth during 2021-27. The Asia Pacific region is the largest cigarette market in volume sales and consumption in 2018. While the sales are set to decline during the forecast period owing to a combination of tightening legislative landscape and further price increases, new variants like slim/super slim formats and flavoured capsule cigarettes promise great growth potential among younger adult smokers. The early exposure to smoking and peer pressure among young adults is contributing to the market growth...