The global clove cigarettes market is projected to touch USD 135.1 billion by 2025, according to a new report by Million Insights. The market is estimated to grow at a CAGR of 4.5% over the forecast years, 2019 to 2025. Increasing demand for machine-made clove cigarette coupled with a rise in the number of new products launches is fueling the market growth.
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Market Synopsis of Clove Cigarettes Market:
Clove cigarettes provide less
harness owing to its mild taste and low nicotine content. This feature makes
these cigarettes popular among youth, women and beginners smokers. Further,
clove cigarettes are mixed with various flavors such as vanilla, grape, cocoa,
menthol, strawberry and cherry among others. Growing demand for flavor based
cigarettes is supplementing to the growth of the clove cigarettes market.
Among different product type,
machine rolled clove full flavored clove cigarettes held the largest share with
over 45%, in 2018. Presence of less nicotine is the prime factor attributing to
the growth of this segment. Low tar nicotine clove cigarettes segment is anticipated
to grow at a CAGR of 4.9% during the forecast years.
Among end-users, the female
segment is estimated to register a CAGR of 3.4% during the forecast years. The
growing number of female smokers from regions such as Europe, Latin America and
North America are driving the segment growth. Low harness features of clove
cigarette are the primary factor propelling its demand among female smokers.
Asia Pacific occupied the largest
market with over 60%, in 2018. Growing demand for clove cigarettes from Indonesia,
which alone held 92% of the market share in 2018, is fueling the market growth
in the region. Further, the introduction of different flavors is likely to
supplement market growth from 2019 to 2025. Malaysia and Singapore are the
other leading countries in Asia Pacific occupying a significant market share.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-clove-cigarettes-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Clove Cigarettes:
Market Variables, Trends & Scope
Chapter 4 Clove Cigarettes:
Product Estimates & Trend Analysis
Chapter 5 Clove Cigarettes:
Application Estimates & Trend Analysis
Chapter 6 Clove Cigarettes:
End-use Estimates & Trend Analysis
Chapter 7 Clove Cigarettes:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Clove Cigarettes:
Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Clove Cigarettes:
Manufacturers Company Profiles
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