According to the latest report by IMARC Group, “United States Cigarette Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The United States cigarette market is expected to exhibit a CAGR of XX% during 2022-2027.
Cigarettes refer to narrow cylindrical tobacco products that are lighted on one end to inhale the resulting smoke. They are available in various shapes, colors, intensities and flavors in the United States. Currently, the increasing number of adult smokers is positively influencing the demand for cigarettes in the country.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends
Hectic schedules and stressful lives of individuals, along with the easy availability of distinctive and innovative cigarette flavors, such as clove, anise, citrus, spearmint and wintergreen, are bolstering the growth of the cigarette market in the United States. Furthermore, these products are economically feasible as they are available from extremely low to high range. Moreover, several manufacturers are offering the products at discounted rates to retailers to reduce the overall costs of cigarettes. They are also launching sophisticated packaging to build brand image and expand their customer base. Additionally, several market players are adopting various advertising strategies, such as public hoardings and sponsoring various public events to reach out to a broader audience in the country. All the factors mentioned above are anticipated to further drive the market for cigarettes in the coming years.
The report has segmented the market on the basis of Type, Distribution Channel and Region.
Market Breakup by Type:
- Light
- Medium
- Others
Market Breakup by Distribution Channel:
- Tobacco Shops
- Supermarket and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Market Breakup by Region:
- Northeast
- Midwest
- South
- West
For more information about this report visit: https://www.imarcgroup.com/united-states-cigarette-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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