Europe Raw Tobacco Leaves Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Leaf Type (Virginia, Oriental, and Others), and Application (Smoking Tobacco, Moist and Dry Snuff, and Others)
Market Introduction
The raw tobacco leaves market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the rest of Europe. Tobacco is grown in 12 European Union nations at present. Italy, Spain, Poland, Greece, Croatia, France, Hungary, and Bulgaria are among the top tobacco producers in the EU, accounting for 99% of the total production. Depending on the variety, yields range from 1 to 3 tons per acre. The region produces various varieties of raw tobacco leaves, such as Flue-cured Virginia tobacco, light-air-cured Burley varieties, sun-cured or oriental, dark-air-cured, and fire-cured. The Tobacco Products Directive (2014/40/EU) was enacted on May 19, 2014 and came into force in EU countries on May 20, 2016. The directive establishes guidelines for the production, presentation, and sale of tobacco and tobacco-related products. It prohibits the use of distinguishing flavors in cigarettes and roll-your-own tobacco; mandates tobacco companies in the EU countries to provide a report on the substances used in their products; mandates health warnings on the front and rear of cigarette and roll-your-own tobacco packages—the combination of image, text, and information on how to quit must cover 65 % of the front and back; sets minimum warning dimensions and forbids some tobacco products from being sold in small packages; introduces EU-wide tracking and tracing to combat illicit tobacco product trade; permits EU governments to prohibit tobacco and related product sales on the internet; and requires manufacturers and importers to notify EU countries about new tobacco products before launching them in the EU market.
In Europe, currently the UK, France and Russia are the hardest-hit countries by the coronavirus outbreak. It is estimated to suffer an economic hit due to a lack of revenue from various industries, as the country recorded the highest number of coronavirus cases followed by France, Spain, Italy, and Germany. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe. The outbreak of the novel coronavirus has negatively affected the growth of the market in the UK and rest of the region. There has been a decrease in sales of tobacco products due to slowdown in production due to the lockdown. Furthermore, the disruption of supply chain has also affected the supply of the product to the market.
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Market Overview and Dynamics
The raw tobacco leaves market in Europe is expected to grow from US$ 7,140.39 million in 2021 to US$ 7,734.39 million by 2028; it is estimated to grow at a CAGR of 1.1% from 2021 to 2028. Tobacco is one of the main sources of tax revenue globally. The demand for tobacco products has recently witnessed a shift from developed countries to developing countries. This can be accredited to the rising population, increasing income levels, and lenient government regulations in certain countries. Retail infrastructure growth and widespread brand campaigns by leading tobacco-producing organizations, including Philip Morris International and British American Tobacco, are projected to remain positive factors for the market growth in the region. Multinational tobacco companies are focusing on increasing tobacco production in the emerging world for meeting the rising demand of their overseas markets with more readily available and cheaper tobacco leaves. With the availability of tobacco products, especially cigarettes, at relatively low prices in the developing countries it is making the substantial proportion of tobacco product consumer segment, the demand for raw tobacco leaves continues to propel.
Key Market Segments
In terms of leaf type, the others segment accounted for the largest share of the Europe raw tobacco leaves market in 2020. Further, in term of application, the smoking tobacco held a larger market share of the raw tobacco leaves market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the raw tobacco leaves market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Universal Corporation; Sopariwala Exports; Alliance One International Inc.; Japan Tobacco International; British American Tobacco plc; Star Agritech International; and U.S. Tobacco Cooperative Inc. among others.
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- To understand the Europe raw tobacco leaves market landscape and identify market segments that are most likely to guarantee a strong return
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- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe raw tobacco leaves market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Raw Tobacco Leaves Market Segmentation
Europe Raw Tobacco Leaves Market – By Leaf Type
- Virginia
- Oriental
- Others
Europe Raw Tobacco Leaves Market – By Application
- Smoking Tobacco
- Moist and Dry Snuff
- Others
Europe Raw Tobacco Leaves Market – By Country
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
Europe Raw Tobacco Leaves Market – Companies Mentioned
- Universal Corporation
- Sopariwala Exports
- Alliance One International Inc.
- Japan Tobacco International
- British American Tobacco plc.
- Star Agritech International
- U.S. Tobacco Cooperative Inc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Europe Raw Tobacco Leaves – Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Competitive Rivalry
4.3 Value Chain Analysis
4.3.1 Raw Material:
4.3.2 Manufacturing/Processing:
4.3.3 Packaging:
4.4 Expert Opinion
5. Europe Raw Tobacco Leaves Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Elevating Consumption of Tobacco Products in Developing Countries
5.2 Market Restraints
5.2.1 Burgeoning Awareness About Harmful Effects of Tobacco Consumption
5.3 Market Opportunities:
5.3.1 Growing Strategic Investments
5.4 Future Trends
5.4.1 Initiation of Distinguished Premium Products
5.5 Impact Analysis of Drivers and Restraints
6. Europe Raw Tobacco Leaves – Market Analysis
6.1 Europe Raw Tobacco Leaves Market Overview
6.2 Europe Raw Tobacco Leaves Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Raw Tobacco Leaves Market Analysis – By Leaf Type
7.1 Overview
7.2 Europe Raw Tobacco Leaves Market, By Leaf Type (2020 and 2028)
7.3 Virginia
7.3.1 Overview
7.3.2 Virginia: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Oriental
7.4.1 Overview
7.4.2 Oriental: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Raw Tobacco Leaves Market Analysis – By Application
8.1 Overview
8.2 Europe Raw Tobacco Leaves Market, By Application (2020 and 2028)
8.3 Smoking Tobacco
8.3.1 Overview
8.3.2 Smoking Tobacco: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Moist and Dry Snuff
8.4.1 Overview
8.4.2 Moist and Dry Snuff: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Raw Tobacco Leaves Market – Country Analysis
9.1 Overview
9.1.1 Europe: Raw Tobacco Leaves Market, by Key Country
9.1.1.1 Germany: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Raw Tobacco Leaves Market, by Leaf Type
9.1.1.1.2 Germany: Raw Tobacco Leaves Market, by Application
9.1.1.2 France: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Raw Tobacco Leaves Market, by Leaf Type
9.1.1.2.2 France: Raw Tobacco Leaves Market, by Application
9.1.1.3 Italy: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Raw Tobacco Leaves Market, by Leaf Type
9.1.1.3.2 Italy: Raw Tobacco Leaves Market, by Application
9.1.1.4 UK: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Raw Tobacco Leaves Market, by Leaf Type
9.1.1.4.2 UK: Raw Tobacco Leaves Market, by Application
9.1.1.5 Russia: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Raw Tobacco Leaves Market, by Leaf Type
9.1.1.5.2 Russia: Raw Tobacco Leaves Market, by Application
9.1.1.6 Rest of Europe: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Raw Tobacco Leaves Market, by Leaf Type
9.1.1.6.2 Rest of Europe: Raw Tobacco Leaves Market, by Application
10. Europe Raw Tobacco Leaves Market – Impact of Coronavirus Outbreak
10.1 Impact of COVID-19 Pandemic on Europe Raw Tobacco Leaves Market
11. Company Profiles
11.1 Universal Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Sopariwala Exports
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Alliance One International Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 British American Tobacco plc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Star Agritech International
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 U.S. Tobacco Cooperative Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Japan Tobacco International
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Raw Tobacco Leaves Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Raw Tobacco Leaves Market, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Europe Raw Tobacco Leaves Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. France Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. France Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. UK Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. UK Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Russia Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Russia Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Europe Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of Europe Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Raw Tobacco Leaves Market Segmentation
Figure 2. Europe Raw Tobacco Leaves Market Segmentation – By Country
Figure 3. Europe Raw Tobacco Leaves Market Overview
Figure 4. Europe Raw Tobacco Leaves Market, By Type
Figure 5. Europe Raw Tobacco Leaves Market, By Country
Figure 6. Europe Raw Tobacco Leaves Market, Industry Landscape
Figure 7. Porter ‘s Five Forces Analysis for Europe Raw Tobacco Leaves Market
Figure 8. Value Chain: Raw Tobacco Leaves
Figure 9. Expert Opinion
Figure 10. Europe Raw Tobacco Leaves Market Impact Analysis of Drivers and Restraints
Figure 11. Europe: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Raw Tobacco Leaves Market Revenue Share, By Leaf Type (2020 and 2028)
Figure 13. Virginia: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Oriental: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Europe Raw Tobacco Leaves Market Revenue Share, By Application (2020 and 2028)
Figure 17. Smoking Tobacco: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Moist and Dry Snuff: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Others: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Geographic Overview of Europe Raw Tobacco Leaves Market
Figure 21. Europe: Raw Tobacco Leaves Market Revenue Share, by Key Country (2020 and 2028)
Figure 22. Germany: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 23. France: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 24. Italy: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 25. UK: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Russia: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Rest of Europe: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Impact of COVID-19 Pandemic on Raw Tobacco Leaves Market in European Countries
- Universal Corporation
- Sopariwala Exports
- Alliance One International Inc.
- Japan Tobacco International
- British American Tobacco plc.
- Star Agritech International
- U.S. Tobacco Cooperative Inc.
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