The global menthol tobacco market size was valued at $80 billion in 2018 and is expected to grow at an annual average of 3% from 2019 to 2025. Market growth is attributable to factors such as freshness, cleanliness, cooling and anesthetic (pain relief) effects. Menthol’s ability to reduce the roughness of smoke and it is gaining popularity among younger generations. Menthol cigarettes are also popular with women, younger generations, and novice smokers, as they reduce the roughness of smoke, making it smooth and easy to breathe.
A full report of Menthol Cigarette Market available at https://www.orionmarketreports.com/menthol-cigarette-market/3556/
The rapid urbanization across the globe is one of the key factors driving the growth of the market. Owing to sedentary lifestyle habits and hectic schedules, working professionals are increasingly consuming cigarettes to relieve stress and relax their nerves. Menthol cigarettes offer a cooling sensation, sensory excitation and fresh flavor, which provides relief and makes the user more habitual to the flavor.
Key Players
Major market players include Philip Morris International Inc.; Imperial Brands plc; Korea Tobacco & Ginseng Corporation; Alfred Dunhill, Ltd.; R.J. Reynolds Tobacco Company; British American Tobacco; Commonwealth Brands; Liggett Group; Lorillard Tobacco; and Essentra plc.
Menthol Cigarette Market: Segmentation
By Capsule Type:
• Single Capsule Menthol Cigarette
• Double Capsule Menthol Cigarette
By End-User:
• Male
• Female
By Size:
• King Size
• 100s
• Others
By Distribution Channel:
• Supermarkets
• Hypermarkets
• Online Retailers
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
