The latest report by IMARC Group, titled “Menthol Cigarette Market Report by Capsule Type (Single Capsule Menthol Cigarette, Double Capsule Menthol Cigarette), End-User (Male, Female), Size (King Size, 100s, and Others), Distribution Channel (Supermarkets, Hypermarkets, Online Retailers, and Others), and Region 2024-2032“, The global menthol cigarette market size reached US$ 94.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 118.4 Billion by 2032, exhibiting a growth rate (CAGR) of 2.4% during 2024-2032.
Factors Affecting the Growth of the Menthol Cigarette Industry:
- Changing Consumer Preference:
Menthol cigarettes are favored by some smokers due to their unique cooling and soothing effect, which can enhance the smoking experience. Additionally, menthol flavor provides a distinctive, refreshing sensation that can make smoking feel smoother and less irritating on the throat compared to traditional non-menthol cigarettes. This cooling effect can be particularly appealing to new smokers or those looking for a less harsh experience. Moreover, the menthol's ability to mask the harshness of tobacco smoke can make the transition from non-menthol to menthol cigarettes easier for those seeking a more enjoyable smoking experience. Furthermore, the sensory appeal of menthol cigarettes, combined with their perceived smoother taste, continues to drive their popularity among certain segments of smokers, influencing overall market dynamics.
- Growing Marketing and Branding Influence:
Tobacco companies strategically market menthol cigarettes as offering a milder, more refreshing smoking experience, which plays a significant role in attracting consumers. Additionally, the branding of menthol cigarettes often emphasizes their unique flavor profile and the cooling sensation they provide, positioning them as a premium choice within the cigarette market. This marketing approach appeals to new smokers and those switching from non-menthol varieties. Moreover, tobacco companies create a strong consumer preference and brand loyalty by promoting menthol cigarettes as offering a superior or more sophisticated smoking experience. Furthermore, effective marketing campaigns and branding efforts help differentiate menthol cigarettes from their non-menthol counterparts, contributing to their sustained popularity and influencing market trends.
- Increasing Product Development Activities:
The development of new technologies and innovations in cigarette design is impacting the menthol cigarette market. Additionally, several advances in menthol delivery systems, such as microencapsulation techniques, allow for a more controlled and consistent release of menthol flavor. This can enhance the smoking experience by providing a more uniform cooling sensation throughout the cigarette. Moreover, various changes in cigarette design, such as the incorporation of menthol-infused filters or specialized menthol capsules, offer consumers new ways to enjoy menthol flavors. These product development activities attract existing smokers looking for novel experiences and appeal to potential new smokers.
Request Sample PDF Report: https://www.imarcgroup.com/menthol-cigarette-market/requestsample
Competitive Landscape with Key Player:
- Alfred Dunhill Ltd
- Altria Group
- British American Tobacco p.l.c.
- China National Tobacco Corporation
- Commonwealth Brands
- Essentra plc
- Imperial Brands PLC
- Japan Tobacco Inc.
- KT&G Corporation
- Liggett Vector Brands LLC
- Reynolds American Inc
- Philip Morris International Inc
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Capsule Type:
- Single Capsule Menthol Cigarette
- Double Capsule Menthol Cigarette
Single-capsule menthol cigarettes represent the largest segment due to their simple, convenient menthol option, appealing to a broad range of smokers who prefer ease of use over more complex capsule systems.
Breakup by End-User:
- Male
- Female
Males account for the largest market share as menthol cigarettes have been more popular among male smokers due to longstanding marketing strategies and consumer preferences.
Breakup by Size:
- King Size
- 100s
- Others
King size dominates the market growth as they are favored for their perceived value and longer smoking duration, which is increasing sales and market growth compared to smaller sizes.
Breakup by Distribution Channel:
- Supermarkets
- Hypermarkets
- Online Retailers
- Others
Based on the distribution channels, the market has been categorized into supermarkets, hypermarkets, online retailers, and others.
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific’s dominance in the menthol cigarette market is attributed to its increasing population density and significant smoking rates.
Global Menthol Cigarette Market Trends:
At present, several countries and regions are introducing stricter regulations on menthol cigarettes due to their perceived role in making smoking more appealing, especially to younger smokers. Additionally, the growing awareness regarding health risks associated with smoking is escalating the demand for harm-reduction tobacco products, including those with menthol flavoring. The market for such products is evolving as consumers look for alternatives that they perceive as less harmful. Besides this, in some emerging markets, menthol cigarettes continue to grow in popularity due to less stringent regulations and increasing smoking rates among individuals across the globe.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
