The global revenue in the tobacco products market was forecast to continuously increase between 2025 and 2030 by in total ***** billion U.S. dollars (+***** percent). After the tenth consecutive increasing year, the revenue is estimated to reach *** trillion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the tobacco products market was continuously increasing over the past years.Find more information concerning Mexico and the Nordics.The Statista Market Insights cover a broad range of additional markets.

China is leading the ranking by revenue in the tobacco products market, recording ***** billion U.S. dollars. Following closely behind is the United States with ***** billion U.S. dollars, while the Philippines is trailing the ranking with *** billion U.S. dollars, resulting in a difference of ***** billion U.S. dollars to the ranking leader, China. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the smoking tobacco segment of the tobacco products market and a ranking of subsegments in Asia regarding revenue in the Tobacco Products market as a whole.The Statista Market Insights cover a broad range of additional markets.

From the selected regions, the ranking by revenue in the 'Smoking Tobacco' segment of the tobacco products market is led by China with **** billion U.S. dollars and is followed by the United Kingdom (8.5 billion U.S. dollars). In contrast, the ranking is trailed by Bangladesh with ****** million U.S. dollars, recording a difference of **** billion U.S. dollars to China. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Asia regarding revenue in the Tobacco Products market as a whole and a ranking of subsegments in Europe regarding revenue in the Tobacco Products market as a whole. The Statista Market Insights cover a broad range of additional markets.

The revenue in the 'Cigarettes' segment of the tobacco products market in the United States was forecast to continuously decrease between 2025 and 2030 by in total *** billion U.S. dollars (-**** percent). According to this forecast, in 2030, the revenue will have decreased for the seventh consecutive year to **** billion U.S. dollars. Find other key market indicators concerning the revenue growth and average consumption per capita. The Statista Market Insights cover a broad range of additional markets.

The revenue in the 'E-Cigarettes' segment of the tobacco products market in the United States was forecast to continuously increase between 2025 and 2030 by in total *** billion U.S. dollars (+***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach **** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'E-Cigarettes' segment of the tobacco products market was continuously increasing over the past years.Find more information concerning France and Europe.The Statista Market Insights cover a broad range of additional markets.

Significant fluctuations are estimated for all segments over the forecast period for the revenue. Nevertheless, the revenue is expected to be notably the highest in the segment Cigarettes throughout the entire forecast period. For example, this segment achieves a maximum value of ***** billion U.S. dollars, which is significantly higher than the average of other highest values, amounting to ***** billion U.S. dollars. Find further statistics on other topics such as a comparison of the revenue in China and a comparison of the price per unit in the world. The Statista Market Insights cover a broad range of additional markets.

With just over 31.80 billion U.S. dollars in sales, Philip Morris International was the leader among tobacco companies around the world in 2023. The company, head-quartered in New York, sells its products in over 180 countries. Its most recognizable brand, launched in 1904, is Marlboro. The company was followed by British American Tobacco, makers of Camel, Lucky Strike, and Newport cigarettes. Imperial Tobacco, makers of Kool, and Winston cigarettes, came in third.

Altria restructuring

Despite having the most recognizable American cigarette brand, Philip Morris International does not sell cigarettes in the United States. In 2007, Altria Group (formerly Philip Morris Companies Inc.), spun off its international segments into the independent entity Philip Morris International.

The trend in smoking

Global cigarette consumption, which peaked in 2009, has been on a downward trend since then as more and more consumers are aware of the health risks associated with smoking. Sales of Philip Morris cigarettes have likewise been declining, dipping over 30 percent in the last 10 years. In spite of a trend which is troubling for a company that produces tobacco products, revenues of Philip Morris have remained somewhat stable over that time period.

The market value of the tobacco manufacturing industry in the United States has remained relatively stable in recent years. In 2012, the industry was valued at approximately **** billion U.S. dollars. By 2021, this had increased to over **** billion, with the 2022 figure projected to be lower.

Tobacco production

Commercial tobacco production has a long history in the United States, dating back as far as the **** century. However, since the turn of the **** century, production in the country has seen an overall decline. By 2021, levels had dropped to *** million pounds. This was an increase compared to 2020, but roughly half of the 2001 figure. The leading tobacco producing state is North Carolina, though much like the rest of the country, production has decreased in this region in recent years. Despite this decline, the United States remains one of the leading tobacco producers in world. Only India, Brazil, China, Zimbabwe, and Indonesia produced more in 2020.

Smoker numbers declining

Much like production, the number of adult smokers has also been in decline. In 1965, there were ** million smokers in the country. This was a period when smoking was widely accepted, and its health impacts were not well known to the public. However, with newer evidence showing the link between smoking and heart disease, cancer and other illnesses, the number of users dropped by nearly ** percent by 2020.

Concerning the three selected segments, the segment low income has the largest share with ***** percent. Contrastingly, high income is ranked last, with ***** percent. Their difference, compared to low income, lies at **** percentage points. Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the cigarettes segment of the tobacco products market and a ranking of subsegments in North America regarding revenue in the Tobacco Products market as a whole. The Statista Market Insights cover a broad range of additional markets.

The revenue is forecast to experience significant growth in all segments in 2030. This reflects the overall trend throughout the entire forecast period from 2019 to 2030. It is estimated that the revenue is continuously rising in all segments. In this regard, the Cigarettes segment achieves the highest value of ****** billion U.S. dollars in 2030. Find other insights concerning similar markets and segments, such as a comparison of revenue growth in the Nordics and a comparison of per capita sales volume worldwide. The Statista Market Insights cover a broad range of additional markets.

The revenue change in the 'Cigarettes' segment of the tobacco products market in the United States was forecast to decrease between 2025 and 2030 by in total *** percentage points. This overall decrease does not happen continuously, notably not in 2027. According to this forecast, in 2030, the revenue change will have decreased for the third consecutive year to ***** percent. Find other key market indicators concerning the revenue and average consumption per capita. The Statista Market Insights cover a broad range of additional markets.

In 2023, revenues from tobacco tax in the United States amounted to 10.3 billion U.S. dollars. The forecast predicts a decrease in tobacco tax revenues down to 8.06 billion U.S. dollars in 2029. Total U.S. government revenue was around 4.4 trillion U.S. dollars in 2023.

The revenue change in the 'E-Cigarettes' segment of the tobacco products market in the United States was forecast to continuously decrease between 2025 and 2030 by in total *** percentage points. After the ninth consecutive decreasing year, the revenue change is estimated to reach **** percent and therefore a new minimum in 2030. Find more information concerning the United Kingdom and Europe. The Statista Market Insights cover a broad range of additional markets.

Philip Morris International was the largest tobacco company worldwide in 2023, with a global market value of about 15.2 billion U.S. dollars. Altria Group followed in second place with a global market value of approximately 79 billion U.S. dollars. Despite falling cigarette smoking rates, tobacco companies have been able to consistently maintain or grow their revenue year after year. Tobacco industry Globally, Philip Morris International achieved net revenues of over 80 billion U.S dollars since 2021, more than double the value of British American Tobacco’s global revenues. Other prominent players in the global tobacco industry include Japan Tobacco International and Imperial Brands, which manufactures globally renowned cigarette brands such as Winston, Davidoff and West. Tobacco brands In 2023, the most valuable tobacco brand in the world was Marlboro, manufactured by Philip Morris International, with a brand value exceeding 34 billion U.S. dollars. Marlboro’s brand value was much higher than that of competing brands such as L&M and Pall Mall cigarettes. Other leading tobacco brands that year included Winston, Camel and Rothmans.

The revenue in the tobacco products market in Africa was forecast to continuously increase between 2025 and 2030 by in total **** billion U.S. dollars (+***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the tobacco products market was continuously increasing over the past years.Find further information concerning the revenue in the tobacco products market in Mexico and the volume in the 'Cigarettes' segment of the tobacco products market in Egypt. The Statista Market Insights cover a broad range of additional markets.

The revenue in the tobacco products market in Nordics was forecast to continuously increase between 2025 and 2030 by in total 0.2 billion U.S. dollars (+2.34 percent). After the eleventh consecutive increasing year, the revenue is estimated to reach 8.72 billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the tobacco products market was continuously increasing over the past years.Find more information concerning the United Kingdom and the United States. The Statista Market Insights cover a broad range of additional markets.

Comparing the ** selected regions regarding the revenue in the 'Cigarettes' segment of the tobacco products market, China is leading the ranking (***** billion U.S. dollars) and is followed by the United States with **** billion U.S. dollars. At the other end of the spectrum is Mexico with *** billion U.S. dollars, indicating a difference of ***** billion U.S. dollars to China. Find other insights concerning similar markets and segments, such as a ranking of subsegments in North America regarding revenue in the Tobacco Products market as a whole and a ranking by country regarding revenue in the tobacco products market. The Statista Market Insights cover a broad range of additional markets.

The global revenue in the 'Cigarettes' segment of the tobacco products market was forecast to continuously increase between 2025 and 2030 by in total ***** billion U.S. dollars (+***** percent). After the tenth consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Cigarettes' segment of the tobacco products market was continuously increasing over the past years.Find further information concerning the price per unit in the 'Cigarettes' segment of the tobacco products market in Norway and the average revenue per capita in the 'Cigarettes' segment of the tobacco products market in Turkey. The Statista Market Insights cover a broad range of additional markets.

The global revenue change in the tobacco products market was forecast to increase between 2025 and 2030 by in total **** percentage points. This overall increase does not happen continuously, notably not in 2028 and 2030. The revenue change is estimated to amount to **** percent in 2030. Find further information concerning revenue in the United States and revenue in the United Kingdom. The Statista Market Insights cover a broad range of additional markets.

The revenue is forecast to experience significant growth in all segments in 2030. Concerning the four selected segments, the segment Cigarettes has the largest revenue with **** billion U.S. dollars. Contrastingly, E-Cigarettes is ranked last, with ****** million U.S. dollars. Their difference, compared to Cigarettes, lies at **** billion U.S. dollars. Find further statistics on other topics such as a comparison of the average volume per capita in China and a comparison of the average volume per capita in Belarus. The Statista Market Insights cover a broad range of additional markets.