Market Overview:
The global heated tobacco market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smokeless tobacco products and rising awareness about the health hazards of smoking. The use of heated tobacco stick is expected to dominate the global heated tobacco market during the forecast period, owing to its ease of use and convenience. The use of loose-leaf is also expected to grow at a high rate during the forecast period, as it offers more flexibility than other forms of heated tobacco products. The supermarket segment is expected to dominate the global heated tobacco market during the forecast period, owing to its large customer base and widespread presence across regions.
Product Definition:
Heated Tobacco is a product that uses battery-powered heating to heat the tobacco inside a cartridge, without burning it.
Use Tobacco Stick:
Use tobacco stick, also known as heated tobacco or HT is a product that is used for smoking. It's basically dried and cured leaf that has been processed to generate smokeable form of nicotine. The use of HT has been prevalent in various parts of the world and across different cultures for many years now. In current times, it’s being increasingly adopted by people who are trying to quit smoking or cut down their cigarette consumption levels altogether.
Use Loose-leaf:
Use loose-leaf and it’s usage in heated tobacco market is growing at a rapid pace. The use of the product has increased owing to its health benefits such as reduced stress, better sleep, improved concentration and focus along with other benefits. Moreover, the use of herbal products for smoking cessation is also on a rise which will propel demand for Use loose-leaf and it’s usage in heated tobacco market over the forecast period.
Application Insights:
Supermarket application led the global heated tobacco market in 2017 and is projected to continue its dominance over the forecast period. The use of heated tobacco products in supermarkets has become a trend to cater to the demand of younger smokers. Moreover, supermarkets have taken initiatives by installing smoking areas for their customers which has increased the sales of heated tobacco products.
The online application segment is expected witness significant growth during the forecast period owing to various benefits offered by this medium including convenience and accessibility. Heated cigarettes are available directly through online retailers thereby eliminating middlemen who used to sell these products earlier at inflated prices as compared with supermarket or tobacconist stores where they are sold at normal retail prices.
Regional Analysis:
North America dominated the global heated tobacco market in 2017. The region is expected to maintain its position during the forecast period owing to high demand for different types of heated products and increasing smoking prevalence in U.S., which is one of the major consumers of these products. Asia Pacific, on other hand, is anticipated to be a lucrative regional market over the forecast period owing to rapid growth in consumption and production side coupled with improving economic conditions in countries such as China and India. Furthermore, rising disposable income levels are also expected to contribute toward industry growth over this period.
The European market consists mainly of Germany where Heating Tongue With E-cigarette (HTE) was legalized by German government back in 2016 after years of research & development studies regarding health benefits associated with it along with other European countries such as France Italy & Spain who have completely banned traditional cigarettes from public places including bars restaurants etc.
Growth Factors:
- Increasing demand for smokeless tobacco products: The global heated tobacco market is expected to grow at a CAGR of more than 25% during the forecast period. This can be attributed to the increasing demand for smokeless tobacco products, especially in developed countries.
- Growing awareness about the health hazards of smoking: There is a growing awareness among people about the health hazards of smoking. This is prompting them to switch to smokeless tobacco products such as heated tobacco, which are considered safer alternatives.
- Rising disposable income and changing lifestyle trends: A rise in disposable income and changing lifestyle trends are also contributing to the growth of the global heated tobacco market. Heated tobacco products offer an easy and convenient way to consume nicotine, without having to go through all the hassles associated with smoking cigarettes or cigars.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heated Tobacco Market Research Report
By Type
Use Tobacco Stick, Use Loose-leaf,
By Application
Supermarket, Tobacco Store, Online,
By Companies
Philip Morris International, British American Tobacco, Japan Tobacco, Imperial Brands, Altria, China tobacco, Korea Tobacco & Ginseng Corporation, American electronic cigarette company, VMR Products
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Heated Tobacco Market Report Segments:
The global Heated Tobacco market is segmented on the basis of:
Types
Use Tobacco Stick, Use Loose-leaf,
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
Supermarket, Tobacco Store, Online,
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:
- Philip Morris International
- British American Tobacco
- Japan Tobacco
- Imperial Brands
- Altria
- China tobacco
- Korea Tobacco & Ginseng Corporation
- American electronic cigarette company
- VMR Products
Highlights of The Heated 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:
- Use Tobacco Stick
- Use Loose-leaf
- By Application:
- Supermarket
- Tobacco Store
- Online
- 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 Heated 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
- 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?
Heated tobacco is a type of tobacco product that is heated and then smoked. Heated tobacco products can be cigars, cigarettes, or pipe tobacco.
Some of the major players in the heated tobacco market are Philip Morris International, British American Tobacco, Japan Tobacco, Imperial Brands, Altria, China tobacco, Korea Tobacco & Ginseng Corporation, American electronic cigarette company, VMR Products.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heated Tobacco Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heated Tobacco Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heated Tobacco Market - Supply Chain
4.5. Global Heated Tobacco Market Forecast
4.5.1. Heated Tobacco Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heated Tobacco Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heated Tobacco Market Absolute $ Opportunity
5. Global Heated Tobacco Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heated Tobacco Market Size and Volume Forecast by Type
5.3.1. Use Tobacco Stick
5.3.2. Use Loose-leaf
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heated Tobacco Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heated Tobacco Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Tobacco Store
6.3.3. Online
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heated Tobacco Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heated Tobacco Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heated Tobacco Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heated Tobacco Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heated Tobacco Demand Share Forecast, 2019-2026
9. North America Heated Tobacco Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heated Tobacco Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heated Tobacco Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Tobacco Store
9.4.3. Online
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heated Tobacco Market Size and Volume Forecast by Type
9.7.1. Use Tobacco Stick
9.7.2. Use Loose-leaf
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heated Tobacco Demand Share Forecast, 2019-2026
10. Latin America Heated Tobacco Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heated Tobacco Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heated Tobacco Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Tobacco Store
10.4.3. Online
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heated Tobacco Market Size and Volume Forecast by Type
10.7.1. Use Tobacco Stick
10.7.2. Use Loose-leaf
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heated Tobacco Demand Share Forecast, 2019-2026
11. Europe Heated Tobacco Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heated Tobacco Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heated Tobacco Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Tobacco Store
11.4.3. Online
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heated Tobacco Market Size and Volume Forecast by Type
11.7.1. Use Tobacco Stick
11.7.2. Use Loose-leaf
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heated Tobacco Demand Share, 2019-2026
12. Asia Pacific Heated Tobacco Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heated Tobacco Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heated Tobacco Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Tobacco Store
12.4.3. Online
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heated Tobacco Market Size and Volume Forecast by Type
12.7.1. Use Tobacco Stick
12.7.2. Use Loose-leaf
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heated Tobacco Demand Share, 2019-2026
13. Middle East & Africa Heated Tobacco Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heated Tobacco Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heated Tobacco Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Tobacco Store
13.4.3. Online
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heated Tobacco Market Size and Volume Forecast by Type
13.7.1. Use Tobacco Stick
13.7.2. Use Loose-leaf
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heated Tobacco Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heated Tobacco Market: Market Share Analysis
14.2. Heated Tobacco Distributors and Customers
14.3. Heated Tobacco Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philip Morris International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. British American Tobacco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Japan Tobacco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Imperial Brands
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Altria
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. China tobacco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Korea Tobacco & Ginseng Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. American electronic cigarette company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. VMR Products
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
