North America Cigarette Market Report 2023: Market to Grow by $900 Million by 2028 - Innovative Flavors Influencing Consumption

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Oct 06, 2023, 18:30 ET

DUBLIN, Oct. 6, 2023 /PRNewswire/ -- The "North America Cigarette Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The North America cigarette market size reached US$ 48.2 Billion in 2022. Looking forward, the market is set to reach US$ 49.1 Billion by 2028.

The report provides a deep insight into the North America cigarette market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.

North America represents the third largest market for cigarettes, with their demand rising due to the increasing population, and hectic and stressful lifestyles of individuals in the region. In addition to this, the availability of distinctive and innovative flavors, such as menthol, mango, clove, chocolate, cherry, mint and orange, has increased the consumption of cigarettes across its major markets.

Moreover, the introduction of gender-targeted products, such as skinny and flavored cigarettes for female smokers, has also boosted the overall sales of cigarettes. Furthermore, rising consumer awareness towards the adverse health effects of cigarettes has led to a rise in the demand for nicotine-free e-cigarettes.

This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America cigarette market in any manner.

Key Questions Answered in This Report

How big is the North America cigarette market?
What are the key factors driving the North America cigarette market?
What has been the impact of COVID-19 on the North America cigarette market?
What is the breakup of the North America cigarette market based on the type?
What is the breakup of the North America cigarette market based on the distribution channel?
What are the key regions in the North America cigarette market?

Key Market Segmentation:

Key Regions Analyzed

United States
Canada
Analysis for Each Country

Market by Type

Light
Medium
Others

Market by Distribution Channel

Tobacco Shops
Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others

Value Chain Analysis

Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

For more information about this report visit https://www.researchandmarkets.com/r/84pza8

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SOURCE Research and Markets