North America Tobacco Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Cigarettes, Cigars & Cigarillos, Roll-Your-Own, and Others), and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others)
The North America tobacco product market is expected to reach US$ 132,065.32 million by 2028 from US$ 116,130.30 million in 2021. The market is estimated to grow at a CAGR of 1.9% from 2021 to 2028.
The demand for tobacco products is shifting significantly from developed countries to developing countries. The rising consumption of tobacco in developing countries is attributed to an increase in per capita income, less stringent government regulations, and the rise in influence of western culture. Tobacco companies are increasingly targeting developing markets due to their strong growth potential. Consumers have easy access to a wide range of products. Leading tobacco companies are expanding their operations across developing countries, positively boosting market growth across the region. The presence of leading tobacco companies in the region, coupled with the rise in consumer access to tobacco products, is driving the North America tobacco products market. The North America tobacco products market is expected to grow at a good CAGR during the forecast period.
North America Tobacco Product Revenue and Forecast to 2028 (US$ Million)
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North America Tobacco Product Market Segmentation
The North America tobacco product market is segmented into product type, distribution channel, and country. Based on product type, the market is segmented into cigarettes, cigars & cigarillos, roll-your-own, and others. The cigarettes segment accounted for a major share in 2020. Based on distribution channel, the market is categorized into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment dominated the market in 2020. Based on country, the North America tobacco product market is segmented into the US, Mexico, and Canada. The US dominated the North America tobacco product market in 2020.
Altria Group Inc, British American Tobacco, Swedish Match AB, Japan Tobacco International, Imperial Brands, Vector Group Ltd., Philip Moris Product S.A, and Pyxus International Inc. are among the leading companies in the North America tobacco product market.
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. North America Tobacco Products 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 New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
5. North America Tobacco Products Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Consumption of Tobacco Products in Developing Economies
5.2 Market Restraints
5.2.1 Stringent Regulations Related to Tobacco Products
5.3 Market Opportunities
5.3.1 Rising Marketing Investments
5.4 Future Trends
5.4.1 Development of Innovative and Premium Products
5.5 Impact Analysis of Drivers and Restraints
6. North America Tobacco Products Market – North America Market Analysis
6.1 Tobacco Products Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Tobacco Products Market Analysis – By Product Type
7.1 Overview
7.2 North America Tobacco Products Market Breakdown, by Product Type, 2020 & 2028
7.3 Cigarettes
7.3.1 Overview
7.3.2 Cigarettes: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cigar & Cigarillos
7.4.1 Overview
7.5 Roll-Your-Own
7.5.1 Overview
7.5.2 Roll-Your-Own: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Tobacco Products Market Analysis – By Distribution Channel
8.1 Overview
8.2 North America Tobacco Products Market Breakdown, by Distribution Channel, 2020 & 2028
8.3 Supermarkets & Hypermarkets
8.3.1 Overview
8.3.2 Supermarkets & Hypermarkets: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Convenience Stores
8.4.1 Overview
8.4.2 Convenience Stores: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Online Retail
8.5.1 Overview
8.5.2 Online Retail: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Tobacco Products Market – Country Analysis
9.1 North America: Tobacco Products Market
9.1.1 North America: Tobacco Products Market, by Key Country
9.1.1.1 US: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Tobacco Products Market, By Product Type
9.1.1.1.2 US: Tobacco Products Market, by Distribution Channel
9.1.1.2 Canada: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Tobacco Products Market, By Product Type
9.1.1.2.2 Canada: Tobacco Products Market, by Distribution Channel
9.1.1.3 Mexico: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Tobacco Products Market, By Product Type
9.1.1.3.2 Mexico: Tobacco Products Market, by Distribution Channel
10. Company Profiles
10.1 Altria Group, Inc.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 British American Tobacco plc
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Swedish Match AB
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Japan Tobacco International
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Imperial Brands
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Vector Group LTD.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Philip Morris Products S.A.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Pyxus International, Inc.
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Tobacco Products Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US Tobacco Products Market, Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. US Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico Tobacco Products Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico Tobacco Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Tobacco Products Market Segmentation
Figure 2. North America Tobacco Products Market Segmentation – By Country
Figure 3. North America Tobacco Products Market Overview
Figure 4. North America Tobacco Products Market: By Product Type
Figure 5. North America Tobacco Products Market: By Country
Figure 6. North America Porter's Five Forces Analysis
Figure 7. North America Expert Opinion
Figure 8. North America Tobacco Products Market Impact Analysis of Drivers and Restraints
Figure 9. North America: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. North America Tobacco Products Market Breakdown, by Product Type, 2020 & 2028
Figure 11. North America Cigarettes: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Cigar & Cigarillos: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Roll-Your-Own: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Tobacco Products Market Breakdown, by Distribution Channel, 2020 & 2028
Figure 16. North America Supermarkets & Hypermarkets: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Convenience Stores: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Online Retail: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Others: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America: Tobacco Products Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. US: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Canada: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Mexico: Tobacco Products Market – Revenue and Forecast to 2028 (US$ Million)
- Altria Group Inc.
- British American Tobacco.
- Swedish Match AB.
- Japan Tobacco International.
- Imperial Brands.
- Vector Group LTd.
- Philip Moris Product S.A.
- Pyxus International Inc.
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