GCC Cigarette Market Overview, Trends, Opportunities, Growth and Forecast by 2026
According to the latest report by IMARC Group, titled, “GCC Cigarette Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the GCC cigarette market is expected to continue its moderate growth during the forecast period (2021-2026).
Cigarettes are made of thin paper containing shredded or ground tobacco that is lighted on one end to inhale the resulting smoke. They are available in several shapes, colors, sizes, intensity, and flavors. As a result, cigarettes are gaining traction, particularly among the millennial population in the GCC region.
A significant increase in the number of luxury cigarette brands, offering superior quality, high-end packaging, and refined smoking experience is currently propelling the growth of the cigarette market in the GCC region. This is further supported by the elevating disposable incomes of individuals in the region. Moreover, the presence of nicotine in cigarettes provides an immediate sense of relaxation, which is escalating the number of consumers who smoke to reduce anxiety and stress. This, coupled with long working hours and hectic lifestyles, is providing a positive outlook to the market in the region. Besides this, the easy availability of cigarettes via online retail channels with attractive price discounts, cash backs, and rebates is anticipated to drive the market growth in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/gcc-cigarette-market/requestsample
The report has segmented the market on the basis of Type, Distribution Channel and Country.
Breakup by Type:
Breakup by Distribution Channel:
- Tobacco Shops
- Supermarket and Hypermarkets
- Convenience Stores
- Online Stores
Breakup by Country:
- Saudi Arabia
The competitive landscape of the industry has also been examined along with the profiles of the key players.
For more information about this report visit: https://www.imarcgroup.com/gcc-cigarette-market
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