Market Overview:
The global low tar cigarettes market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to factors such as the increasing awareness about the health hazards of smoking and rising demand for low tar cigarettes from female smokers. In terms of type, the king size segment is expected to lead the global low tar cigarettes market during the forecast period, followed by above 100’s and shorties segments. In terms of application, male smokers are expected to account for a larger share of the global low tar cigarettes market than female smokers during the forecast period.
Product Definition:
Low tar cigarettes are cigarettes that have a lower nicotine and tar content than regular cigarettes. Low tar cigarettes are important because they allow smokers to enjoy the taste of smoking without taking in as much harmful smoke and nicotine.
King Size:
The King Size is the largest brand of cigarettes in terms of market share. It was launched by Philip Morris International Inc. in October 2010 as one of the premium brands and currently has over 30 variants across different countries such as Canada, U.S., Germany, China, etc.
Above 100’S:
The Above 100’s and it's usage in the low tar cigarettes market is a new term that has been gaining popularity since the past few years. The smokers who are trying to quit or reduce their smoking rate have started using electronic cigarettes due to its zero-nicotine content, which helps them get rid of tobacco addiction.
Application Insights:
The male smokers segment held the largest share of over 70.0% in 2017. This is attributed to the growing prevalence of smoking among men in various countries including China, India, U.S., and Russia. In addition, this application segment will witness significant growth due to an increase in demand for low tar cigarettes among male smokers around the world especially in developed economies such as UK and Germany where there is a rise in awareness regarding health hazards associated with high tar content cigarettes which are mainly smoked by males above 18 years of age group.
The female smokers segment is expected to grow at a lucrative rate during the forecast period owing to increasing awareness about adverse effects caused due to second-hand smoke exposure on women¢â‚¬â„¢s health particularly during pregnancy which may lead to birth defects or stillbirths along with other long term effects such as respiratory diseases.
Regional Analysis:
Asia Pacific is anticipated to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for low tar cigarettes in countries such as China, India, and Japan. Furthermore, rising disposable income levels coupled with an increase in the adoption of smoking as a leisure activity will drive the Asia Pacific market over the forecast period.
North America held a significant share of about 32% in 2017 and is expected to witness steady growth over the forecast period on account of high demand for reduced tar content cigarettes among male smokers mainly from U.S., Canada, and Mexico countries which are also amongst leading cigarette consumers across the globe.
Europe accounted for approximately 27% share in 2017 owing to high consumption by female smokers especially from Germany, France Belgium etc.
Growth Factors:
- Increasing health awareness among people about the harmful effects of smoking
- Stringent government regulations and campaigns against smoking
- Rising prices of cigarettes due to increased taxes
- Availability of low tar cigarettes in different flavors and varieties
- Growing trend of vaping as an alternative to smoking
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Tar Cigarettes Market Research Report
By Type
King Size, Above 100’S, Shorties
By Application
Male Smokers, Female Smokers
By Companies
CHINA TOBACCO, Altria Group, British American Tobacco, Japan Tabacco, Imperial Tobacco Group, KT&G, Universal, Alliance One International, R.J. Reynolds, PT Gudang Garam Tbk, CHINA TOBACCO, Taiwan Tobacco & Liquor, Thailand Tobacco Monopoly
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Low Tar Cigarettes Market Report Segments:
The global Low Tar Cigarettes market is segmented on the basis of:
Types
King Size, Above 100’S, Shorties
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
Male Smokers, Female Smokers
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:
- CHINA TOBACCO
- Altria Group
- British American Tobacco
- Japan Tabacco
- Imperial Tobacco Group
- KT&G
- Universal
- Alliance One International
- R.J. Reynolds
- PT Gudang Garam Tbk
- CHINA TOBACCO
- Taiwan Tobacco & Liquor
- Thailand Tobacco Monopoly
Highlights of The Low Tar Cigarettes 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:
- King Size
- Above 100’S
- Shorties
- By Application:
- Male Smokers
- Female Smokers
- 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 Low Tar Cigarettes 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?
Low tar cigarettes are those that have a lower tar content than regular cigarettes.
Some of the key players operating in the low tar cigarettes market are CHINA TOBACCO, Altria Group, British American Tobacco, Japan Tabacco, Imperial Tobacco Group, KT&G, Universal, Alliance One International, R.J. Reynolds, PT Gudang Garam Tbk, CHINA TOBACCO, Taiwan Tobacco & Liquor, Thailand Tobacco Monopoly.
The low tar cigarettes market is expected to register a CAGR of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low Tar Cigarettes 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 Low Tar Cigarettes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Tar Cigarettes 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 Low Tar Cigarettes 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 Low Tar Cigarettes Market Size & Forecast, 2020-2028
4.5.1 Low Tar Cigarettes Market Size and Y-o-Y Growth
4.5.2 Low Tar Cigarettes Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 King Size
5.2.2 Above 100’S
5.2.3 Shorties
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Male Smokers
6.2.2 Female Smokers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Tar Cigarettes 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 Low Tar Cigarettes 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 King Size
9.6.2 Above 100’S
9.6.3 Shorties
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 Market Size Forecast by Applications
9.10.1 Male Smokers
9.10.2 Female Smokers
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 King Size
10.6.2 Above 100’S
10.6.3 Shorties
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 Market Size Forecast by Applications
10.10.1 Male Smokers
10.10.2 Female Smokers
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 King Size
11.6.2 Above 100’S
11.6.3 Shorties
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 Market Size Forecast by Applications
11.10.1 Male Smokers
11.10.2 Female Smokers
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 King Size
12.6.2 Above 100’S
12.6.3 Shorties
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 Market Size Forecast by Applications
12.10.1 Male Smokers
12.10.2 Female Smokers
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 King Size
13.6.2 Above 100’S
13.6.3 Shorties
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) Market Size Forecast by Applications
13.10.1 Male Smokers
13.10.2 Female Smokers
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 Low Tar Cigarettes Market: Competitive Dashboard
14.2 Global Low Tar Cigarettes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CHINA TOBACCO
14.3.2 Altria Group
14.3.3 British American Tobacco
14.3.4 Japan Tabacco
14.3.5 Imperial Tobacco Group
14.3.6 KT&G
14.3.7 Universal
14.3.8 Alliance One International
14.3.9 R.J. Reynolds
14.3.10 PT Gudang Garam Tbk
14.3.11 CHINA TOBACCO
14.3.12 Taiwan Tobacco & Liquor
14.3.13 Thailand Tobacco Monopoly
