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Tobacco Products

Global demand for tobacco products is forecast to expand 2.1% p.a. between 2015 and 2019. Currently, cigarettes account for 71.0% of the global demand while the remaining market share is divided between cigars, cigarillos and cheroots (6.9%), cigarettes, cigars, cigarillos and cheroots with tobacco substitutes (0.3%), reconstituted or homogenized tobacco (3.2%), smoking tobacco (14.0%) and other tobacco products (4.6%).

China, Japan, Jordan, Poland and the United States are considered the highest potential markets in the coming years. China, Germany, Italy, Japan and the United States represent the largest tobacco product markets while the strongest annual growth is forecast to occur in Jordan (9.6%), Pakistan (8.9%), Poland (8.5%), Bolivia (7.7%) and India (5.8%).

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