India Tobacco and Tobacco Products Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The tobacco and tobacco products market consists of the retail sale of cigarettes, cigars and cigarillos, smokeless tobacco, and smoking tobacco. The cigarettes segment consists of filter cigarettes and plain cigarettes. The cigars and cigarillos segment comprises large cigars and small cigars. Similarly, the smokeless tobacco segment consists of pipe tobacco and fine cut tobacco (FCT) and the smoking tobacco segment includes snuff/snus and chewing tobacco products. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
• The Indian Tobacco & Tobacco Products market had total revenues of $19,297.6 million in 2022, representing a compound annual growth rate (CAGR) of 13.2% between 2017 and 2022.
• Market consumption volumes declined with a CAGR of -0.6% between 2017 and 2022, to reach a total of 80,807.1 million units in 2022.
• The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.1% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $22,508.8 million by the end of 2027.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the tobacco & tobacco products market in India
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the tobacco & tobacco products market in India
• Leading company profiles reveal details of key tobacco & tobacco products market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the India tobacco & tobacco products market with five year forecasts

Reasons to Buy

• What was the size of the India tobacco & tobacco products market by value in 2022?
• What will be the size of the India tobacco & tobacco products market in 2027?
• What factors are affecting the strength of competition in the India tobacco & tobacco products market?
• How has the market performed over the last five years?
• What are the main segments that make up India's tobacco & tobacco products market?