The roll-your-own tobacco product market size is expected to reach a value of USD 10.48 billion by 2028 and is likely to grow at a compound annual growth rate of 4.30% for the forecast period of 2021 to 2028. Roll-your-own tobacco product market report analyses the growth, which is currently being growing due to strong presence of various well-established players and several small and medium players.
Roll-your-own tobacco is a type of a loose tobacco that the
consumer places inside rolling paper and burns. It is a kind of a combustible tobacco
product.
The rapid shift in the preference for hand rolled or
handmade cigarettes as they are comparatively less expensive compared to
factory-made (FM) cigarettes is
one of the major factors anticipated to drive the roll-your-own tobacco product
market growth rate. Moreover, the handmade cigarettes are usually subject to
fewer regulations and less taxation which is also expected to fuel the growth
of the roll-your-own tobacco product market in the forecast period of 2021 to
2028.
Global Roll-Your-Own Tobacco Product Market
Scope and Market Size
The roll-your-own tobacco product market is segmented on the
basis of product type and distribution channel. The growth amongst the
different segments helps you in attaining the knowledge related to the
different growth factors expected to be prevalent throughout the market and
formulate different strategies to help identify core application areas and the
difference in your target markets.
- Based
on product type, the roll-your-own tobacco product market is segmented
into roll your own (RYO) tobacco, rolling paper and cigarette tubes,
injector, filter and paper tip and others.
- The
distribution channel segment of the roll-your-own tobacco product market
is segmented into online and offline.
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Roll-Your-Own Tobacco Product Market Country Level
Analysis
Roll-your-own tobacco product market is analyzed and market
size, volume information is provided by country, product type and distribution
channel as referenced above.
The countries covered in the roll-your-own tobacco product
market report are U.S., Canada and Mexico in North America, Germany, France,
U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of
Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia,
Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the
Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of
Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil,
Argentina and Rest of South America as part of South America.
Europe leads the roll-your-own tobacco product market
because of the high smoking rate. North America is expected to expand at a
significant growth rate over the forecast period of 2021 to 2028 because of the
rapid rise in trend for roll-your-own tobacco cigarettes, resulting in the high
popularity amongst young adults, students and the female population. The
consumption of tobacco products as well as the hand-rolled cigarettes is
actively increasing among females in the U.S.
Competitive Landscape and Roll-Your-Own Tobacco
product Market Share Analysis
The major players covered in the roll-your-own tobacco
product market report are:
Altria Group, Inc., Imperial Brands, British American
Tobacco, JT International SA., Scandinavian Tobacco Group A/S, Philip Morris
Products S.A., HBI International, Curved Papers, Inc., Shine Papers, Godfrey Phillips
India Ltd., Parsian Tobacco Company and Karma Filter Tips, among other domestic
and global players.
Market share data is available for global, North America,
Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America
separately. DBMR analysts understand competitive strengths and provide
competitive analysis for each competitor separately.
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