GCC Tobacco Market: Market Size, Share, Trends, Industry Analysis, Application Analysis, Growth and Forecast, 2021-2026” provides a deep and thorough evaluation of the GCC tobacco market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2015-2020
Base Year: 2020
Forecast Year: 2021-2025
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Tobacco products are made by curing the leaves of the tobacco plant, a part of the genus Nicotiana of the Solanaceae family.
It contains a colorless, volatile alkaloid called nicotine, which can stimulate brain functions, raise blood pressure, constrict peripheral blood vessels, etc.
Dried tobacco leaves are widely used in cigarettes, pipes, cigars, shisha, etc., for smoking, and as chewing tobacco, snuff, snus, dipping tobacco, etc.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
GCC Tobacco Market Industry Trends and Drivers:
A significant increase in the number of smokers due to their hectic work schedules, inflating disposable income levels, and exposure to tobacco products at an early age is propelling the market growth in the GCC region.
Furthermore, several regional manufacturers are constantly introducing innovative product variants to cater to changing consumer needs and preferences.
Additionally, the emergence of numerous flavored tobacco products, such as apple, saffron, cinnamon, berry, etc., is also augmenting the market growth in the region.
Furthermore, the growing consumer concerns about the negative health impact of conventional tobacco products are propelling the demand for smokeless tobacco and e-cigarettes, which will continue to drive the GCC market in the coming years.
Browse complete report with tables of contents and list of figures & tables: http://bit.do/fSGPE
GCC Tobacco Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the tobacco market with the leading players profiled in the report.
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