Market Overview:
The global next-generation products in tobacco market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for next-generation products such as snus, e-cigarettes, and heated tobacco products (HTPs) among different age groups. In terms of type, the snus segment is expected to lead the global next-generation products in tobacco market during the forecast period. This can be attributed to its growing popularity among young adults across different regions. In terms of application, the 18-30 years old segment is expected to lead the global next-generation products in tobacco market during the forecast period.
Product Definition:
Next-generation products in tobacco are those that deliver nicotine in a way that is less harmful to users than traditional cigarettes. They include e-cigarettes, vaping pens, and other devices that use heat to convert liquid nicotine into an aerosol that the user inhales.
Snus:
Snus is a type of smokeless tobacco that is usually placed in the lip or cheek and it's used by Swedish people as an alternative to cigarettes. It can be consumed through all kinds of devices including electronic cigarettes, cigars, pipes, and cans. The product has been available for more than 100 years in different forms but was only introduced to the American market in the year 2003.
The global snus industry size was valued at USD 3 billion in 2012.
E-cigarettes:
E-cigarettes are battery-powered vaporizers that deliver the nicotine content of tobacco and other Next-Generation Products in Tobacco through aerosol. They have a replaceable cartridge containing e-liquid, which can be replaced after refilling. E Liquid generally contains propylene glycol, vegetable glycerin, flavorings and nicotine.
Application Insights:
The next-generation products in tobacco application segment includes smokeless tobacco, electronic cigarettes, HTPs and other novel products. Smokeless tobacco product category includes Swedish snus and other forms of oral snuff. It is the most preferred form of smokeless tobacco among adults as compared to traditional chewing or dipping tobaccos. The use of Swedish Snus as a harm reduction strategy by adult smokers has been gaining significant popularity across the globe due to its low toxicity and high nicotine content which helps in reducing smoking related diseases such as heart attack & stroke among adults.
In addition, e-cigarettes have gained significant popularity among youth owing to their easy availability at an affordable price coupled with their ability to deliver nicotine without any harmful chemicals along with them leading a normal life like any other person even after using it for long hours every day.
Regional Analysis:
Europe accounted for the largest share of over 40.0% in 2017 owing to the presence of a large number of tobacco companies and innovation in products. In Europe, Sweden is considered as one of the most innovative countries regarding tobacco consumption and production with wide product range offered by various manufacturers including ALFA-BRONX AB (Blu), Njoy, Imperial Brands Plc., and Peter Jansson.
Asia Pacific is expected to be one of the fastest growing regions due to increasing demand from China, Japan, Australia among other Asian countries that have high population growth along with rising disposable income levels which are anticipated to increase spending on luxury items including cigarettes and cigars among others. Furthermore, favorable regulations aimed at promoting next-generation products such as e-cigarettes will also boost regional market growth over the forecast period.
Growth Factors:
- Increasing demand for next-generation products in the tobacco market due to changing consumer preferences.
- Growing demand for smokeless and heat-not-burn tobacco products.
- Rising awareness about the health risks associated with smoking cigarettes.
- Stringent government regulations on cigarette smoking and increasing taxes on tobacco products.
- Technological advancements in the manufacturing of next-generation tobacco products
Scope Of The Report
Report Attributes
Report Details
Report Title
Next-Generation Products in Tobacco Market Research Report
By Type
Snus, E-cigarettes, Heated Tobacco Products (HTPs)
By Application
18-30 Years Old, 31-44 Years Old, 45-60 Years Old, Above 61 Years Old
By Companies
British American Tobacco, Imperial Brands PLC, Japan Tobacco Inc., JUUL Labs, Inc., KT&G Corporation, Philip Morris International, Reynolds American Inc., Swedish Match AB, Turning Point Brands, Inc., Universal Corporation, Eastern Company SAE, Gudang Garam Cigarette Company, India Tobacco Company Limited (ITC), Altria Group, Inc., Vector Group Ltd.
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 Next-Generation Products in Tobacco Market Report Segments:
The global Next-Generation Products in Tobacco market is segmented on the basis of:
Types
Snus, E-cigarettes, Heated Tobacco Products (HTPs)
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
18-30 Years Old, 31-44 Years Old, 45-60 Years Old, Above 61 Years Old
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:
- British American Tobacco
- Imperial Brands PLC
- Japan Tobacco Inc.
- JUUL Labs, Inc.
- KT&G Corporation
- Philip Morris International
- Reynolds American Inc.
- Swedish Match AB
- Turning Point Brands, Inc.
- Universal Corporation
- Eastern Company SAE
- Gudang Garam Cigarette Company
- India Tobacco Company Limited (ITC)
- Altria Group, Inc.
- Vector Group Ltd.
Highlights of The Next-Generation Products in Tobacco 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:
- Snus
- E-cigarettes
- Heated Tobacco Products (HTPs)
- By Application:
- 18-30 Years Old
- 31-44 Years Old
- 45-60 Years Old
- Above 61 Years Old
- 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 Next-Generation Products in Tobacco 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
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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?
Next-generation products are those that have been designed to reduce the harm caused by smoking. These products may include cigarettes that are low in nicotine, electronic cigarettes, or smokeless tobacco products.
Some of the major companies in the next-generation products in tobacco market are British American Tobacco, Imperial Brands PLC, Japan Tobacco Inc., JUUL Labs, Inc., KT&G Corporation, Philip Morris International, Reynolds American Inc., Swedish Match AB, Turning Point Brands, Inc., Universal Corporation, Eastern Company SAE, Gudang Garam Cigarette Company, India Tobacco Company Limited (ITC), Altria Group, Inc., Vector Group Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Market Size & Forecast, 2018-2028
4.5.1 Next-Generation Products in Tobacco Market Size and Y-o-Y Growth
4.5.2 Next-Generation Products in Tobacco Market Absolute $ Opportunity
Chapter 5 Global Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Market Size Forecast by Type
5.2.1 Snus
5.2.2 E-cigarettes
5.2.3 Heated Tobacco Products (HTPs)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Market Size Forecast by Applications
6.2.1 18-30 Years Old
6.2.2 31-44 Years Old
6.2.3 45-60 Years Old
6.2.4 Above 61 Years Old
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Analysis and Forecast
9.1 Introduction
9.2 North America Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Market Size Forecast by Type
9.6.1 Snus
9.6.2 E-cigarettes
9.6.3 Heated Tobacco Products (HTPs)
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 Next-Generation Products in Tobacco Market Size Forecast by Applications
9.10.1 18-30 Years Old
9.10.2 31-44 Years Old
9.10.3 45-60 Years Old
9.10.4 Above 61 Years Old
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 Next-Generation Products in Tobacco Analysis and Forecast
10.1 Introduction
10.2 Europe Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Market Size Forecast by Type
10.6.1 Snus
10.6.2 E-cigarettes
10.6.3 Heated Tobacco Products (HTPs)
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 Next-Generation Products in Tobacco Market Size Forecast by Applications
10.10.1 18-30 Years Old
10.10.2 31-44 Years Old
10.10.3 45-60 Years Old
10.10.4 Above 61 Years Old
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 Next-Generation Products in Tobacco Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Market Size Forecast by Type
11.6.1 Snus
11.6.2 E-cigarettes
11.6.3 Heated Tobacco Products (HTPs)
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 Next-Generation Products in Tobacco Market Size Forecast by Applications
11.10.1 18-30 Years Old
11.10.2 31-44 Years Old
11.10.3 45-60 Years Old
11.10.4 Above 61 Years Old
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 Next-Generation Products in Tobacco Analysis and Forecast
12.1 Introduction
12.2 Latin America Next-Generation Products in Tobacco 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 Next-Generation Products in Tobacco Market Size Forecast by Type
12.6.1 Snus
12.6.2 E-cigarettes
12.6.3 Heated Tobacco Products (HTPs)
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 Next-Generation Products in Tobacco Market Size Forecast by Applications
12.10.1 18-30 Years Old
12.10.2 31-44 Years Old
12.10.3 45-60 Years Old
12.10.4 Above 61 Years Old
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) Next-Generation Products in Tobacco Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Next-Generation Products in Tobacco 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) Next-Generation Products in Tobacco Market Size Forecast by Type
13.6.1 Snus
13.6.2 E-cigarettes
13.6.3 Heated Tobacco Products (HTPs)
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) Next-Generation Products in Tobacco Market Size Forecast by Applications
13.10.1 18-30 Years Old
13.10.2 31-44 Years Old
13.10.3 45-60 Years Old
13.10.4 Above 61 Years Old
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 Next-Generation Products in Tobacco Market: Competitive Dashboard
14.2 Global Next-Generation Products in Tobacco Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 British American Tobacco
14.3.2 Imperial Brands PLC
14.3.3 Japan Tobacco Inc.
14.3.4 JUUL Labs, Inc.
14.3.5 KT&G Corporation
14.3.6 Philip Morris International
14.3.7 Reynolds American Inc.
14.3.8 Swedish Match AB
14.3.9 Turning Point Brands, Inc.
14.3.10 Universal Corporation
14.3.11 Eastern Company SAE
14.3.12 Gudang Garam Cigarette Company
14.3.13 India Tobacco Company Limited (ITC)
14.3.14 Altria Group, Inc.
14.3.15 Vector Group Ltd.
