DUBLIN--(BUSINESS WIRE)--The "Tobacco Market Size, Share & Trends Analysis Report By Type (Cigarettes, Smoking Tobacco, Smokeless Tobacco, Cigars & Cigarillos), By Region (U.S., Canada, U.K., China), And Segment Forecasts, 2012 - 2021" report has been added to ResearchAndMarkets.com's offering.

The global tobacco market size is expected to reach USD 694.47 billion by 2021, exhibiting a 2.8% CAGR from 2016 to 2021.

The tobacco industry comprises a handful of players that grow, sell, and distribute tobacco-related products in the market.

Advanced technologies have assisted the tobacco industry in automating manufacturing processes, in contrast to traditional manufacturing techniques that were labor dependent. Automation has also helped market players to grow in terms of profitability as the cost of labor was being saved.

The global tobacco market is struggling due to ongoing restraints put by governments around the world on grounds of health issues, resulting in high taxes and unfavorable regulations. Tobacco manufacturing companies cannot market their products and are obligatory to issue health warnings on product packaging.

Rising health awareness, stricter government regulations on tobacco products, and increasing popularity of substitutes are adversely affecting market growth. Moreover, with tobacco manufacturers increasing the per unit price of cigarettes and other tobacco products due to increased tax, consumers are shifting preference to value-for-money products. This will also take its toll on industry growth.

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Industry Outlook

Chapter 4 Tobacco: Type Estimates & Trend Analysis

Chapter 5 Tobacco: Regional Estimates & Trend Analysis

Chapter 6 Competitive Landscape

Altria Group, Inc.

British American Tobacco p.l.c. (BAT)

Hongyunhonghe Tobacco (Group) Co., Ltd.

Imperial Brands PLC

Japan Tobacco Inc.

Philip Morris International Inc.

Reynolds American Inc.

For more information about this report visit https://www.researchandmarkets.com/research/xp4lws/global_tobacco?w=4