Market Overview:
The global bingie market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in the number of smokers, rising awareness about the harmful effects of smoking, and increasing demand for smokeless tobacco products. By type, the tobacco segment is expected to account for a major share of the global bingie market during the forecast period. This can be attributed to high demand for traditional cigarettes across regions. However, with increasing awareness about health hazards associated with smoking, there is a growing trend towards using smokeless tobacco products such as bingies and bidis. These products are less harmful than traditional cigarettes and are thus preferred by many consumers. By application, online sales are projected to grow at a higher rate than offline sales during the forecast period owing to rising internet penetration and changing consumer preferences towards buying goods online.
Product Definition:
Tobacco:
Tobacco is the leaves of the tobacco plant which is grown in tropical areas. The main ingredient in tobacco is nicotine. Nicotine content in tobacco increases its addictive nature and harmful effects on human body, thus it's not suitable for non-smokers as well as smokers.
Filters and Tips:
Filters and tips are used in bingie market to filter unwanted light or sound. They are available in different types such as polarizing filters, infrared filters, bandpass filters and notch filters. The main function of these products is to reduce intensity of unwanted light or sound waves. These devices work on the principle of selective absorption where certain wavelengths are blocked out while allowing other wavelengths through to reach our ear drum.
Application Insights:
The offline segment dominated the global bingie market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in demand from end-users and a rise in spending on cigarettes by individuals to compensate for high taxes imposed on tobacco products. According to data published by World Health Organization (WHO) in 2016, around 1 billion people smoke globally and nearly half of them are found in Asia Pacific region.
Online Bingying is expected to witness significant growth over the forecast period owing to increasing online cigarette sales with various brands and varieties being sold through e-commerce platforms across the globe at competitive prices coupled with ease of accessibility resultingantly driving consumers towards online shopping portals where they can easily find desired products displayed together with their price comparison against local stores which eventually leads towards increased number of customers buying these products online thereby fueling upmarket growth as well as contributing toward a substantial revenue share for e-commerce portals selling such goods worldwide.
Regional Analysis:
Asia Pacific dominated the global bingie market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to growing smoking prevalence coupled with increasing disposable income of consumers in developing countries such as China and India. Moreover, rising awareness regarding health hazards associated with tobacco consumption is also anticipated to propel growth during the forecast period.
North America accounted for a significant share of global revenue in 2017 owing to high demand for electronic cigarettes from U.S.
Growth Factors:
- Increasing demand for personalized products and services.
- Rapid urbanization and growing disposable incomes in emerging markets.
- Proliferation of digital platforms and technologies that enable new customer experiences.
- Rising consumer awareness about the benefits of using Bingie products and services .
Scope Of The Report
Report Attributes
Report Details
Report Title
Bingie Market Research Report
By Type
Tobacco, Filters and Tips
By Application
Online, Offline
By Companies
Altria Group Inc., British American Tobacco, Imperial Brands, Japan Tobacco Inc., PHILIP MORRIS INTERNATIONAL, Altria Group Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Bingie Market Report Segments:
The global Bingie market is segmented on the basis of:
Types
Tobacco, Filters and Tips
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Altria Group Inc.
- British American Tobacco
- Imperial Brands
- Japan Tobacco Inc.
- PHILIP MORRIS INTERNATIONAL
- Altria Group Inc.
Highlights of The Bingie Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tobacco
- Filters and Tips
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bingie Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bingie is a search engine that provides users with personalized results based on their interests.
Some of the major companies in the bingie market are Altria Group Inc., British American Tobacco, Imperial Brands, Japan Tobacco Inc., PHILIP MORRIS INTERNATIONAL, Altria Group Inc..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bingie Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bingie Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bingie Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bingie Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bingie Market Size & Forecast, 2018-2028
4.5.1 Bingie Market Size and Y-o-Y Growth
4.5.2 Bingie Market Absolute $ Opportunity
Chapter 5 Global Bingie Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bingie Market Size Forecast by Type
5.2.1 Tobacco
5.2.2 Filters and Tips
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bingie Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bingie Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bingie Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bingie Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bingie Analysis and Forecast
9.1 Introduction
9.2 North America Bingie Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bingie Market Size Forecast by Type
9.6.1 Tobacco
9.6.2 Filters and Tips
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bingie Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bingie Analysis and Forecast
10.1 Introduction
10.2 Europe Bingie Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bingie Market Size Forecast by Type
10.6.1 Tobacco
10.6.2 Filters and Tips
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bingie Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bingie Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bingie Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bingie Market Size Forecast by Type
11.6.1 Tobacco
11.6.2 Filters and Tips
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bingie Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bingie Analysis and Forecast
12.1 Introduction
12.2 Latin America Bingie Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bingie Market Size Forecast by Type
12.6.1 Tobacco
12.6.2 Filters and Tips
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bingie Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bingie Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bingie Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bingie Market Size Forecast by Type
13.6.1 Tobacco
13.6.2 Filters and Tips
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bingie Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bingie Market: Competitive Dashboard
14.2 Global Bingie Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Altria Group Inc.
14.3.2 British American Tobacco
14.3.3 Imperial Brands
14.3.4 Japan Tobacco Inc.
14.3.5 PHILIP MORRIS INTERNATIONAL
14.3.6 Altria Group Inc.
