Qatar Tobacco and Tobacco Products Market (2024-2030) | Size, Industry, Growth, Outlook, Revenue, Analysis, Companies, Trends, Forecast, Value & Share

Qatar Tobacco and Tobacco Products Market Synopsis

Qatar is the second-largest tobacco market in the MENA region and has a significant potential for growth. The popularity of cigarettes continues to grow despite rising health concerns, as does that of shisha (waterpipe) smoking. Growing disposable income and changing lifestyles have resulted in an increase in demand for premium quality products such as high-end cigarettes and flavored shishas. With more than 500 outlets selling tobacco products across Qatar, vendors are now focusing on innovation to capture a larger share of the growing market. Tobacco product manufacturers continue to invest heavily in marketing campaigns targeted at young people aged 18???25 years old who account for most purchases within this category.

Drivers of The Market

Growing disposable income among consumers has been one of the key drivers of growth within Qatar tobacco industry over recent years, with many now choosing to purchase premium brands when it comes to their choice of cigarette or shisha type. Advertising campaigns by major players has also helped boost sales volumes significantly since 2018 while tax regulations remain relatively relaxed which helps keep prices low compared with other Gulf countries such as Saudi Arabia and UAE where taxes are higher. There is also strong competition between international companies operating within Qatar market due to barriers imposed by both costumers` preferences as well as government regulations which makes it difficult for any single player to dominate this sector entirely.

Challenges of The Market

The biggest challenge facing Qatar tobacco industry is increasing awareness about the dangers posed by smoking, particularly among younger generations who may not be aware about its adverse effects on health from long term use. As part of efforts to reduce public consumption levels, taxes levied on cigarettes have increased steadily over recent years however these have been met with mixed results given that prices remain much lower than those found across other GCC countries making them attractive propositions still even after taxation rises take effect year-on-year.

Key Players of the Market

Major players operating within Qatar Tobacco & Tobacco Products Market include Philip Morris International Inc., Japan Tobacco International Ltd., British American Tobacco PLC., Imperial Brands plc., Scandent Group Limited (China), China National Tobacco Corporation.

Covid-19 Impact of the Market

The Covid-19 pandemic had a negative effect on the tobacco and tobacco products market in Qatar. The pandemic led to the closure of many restaurants, cafes, bars, nightclubs, cinemas and other entertainment outlets which are considered as major sales points for these products. Additionally, stringent restrictions imposed by the government such as curfews and travel bans further hindered sales activities of these products. This has caused a decline in revenue from this sector during 2020 compared to previous years. As businesses slowly open up with easing of restrictions, it is expected that there will be some improvement in the situation over time but still far below pre-pandemic levels.

Key Highlights of the Report:

• Qatar Tobacco and Tobacco Products Market Outlook
• Market Size of Qatar Tobacco and Tobacco Products Market, 2023
• Forecast of Qatar Tobacco and Tobacco Products Market, 2030
• Historical Data and Forecast of Qatar Tobacco and Tobacco Products Revenues & Volume for the Period 2020-2030
• Qatar Tobacco and Tobacco Products Market Trend Evolution
• Qatar Tobacco and Tobacco Products Market Drivers and Challenges
• Qatar Tobacco and Tobacco Products Price Trends
• Qatar Tobacco and Tobacco Products Porter's Five Forces
• Qatar Tobacco and Tobacco Products Industry Life Cycle
• Historical Data and Forecast of Qatar Tobacco and Tobacco Products Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Qatar Tobacco and Tobacco Products Market Revenues & Volume By Oriental for the Period 2020-2030
• Historical Data and Forecast of Qatar Tobacco and Tobacco Products Market Revenues & Volume By Flue Cured for the Period 2020-2030
• Historical Data and Forecast of Qatar Tobacco and Tobacco Products Market Revenues & Volume By Burley for the Period 2020-2030
• Historical Data and Forecast of Qatar Tobacco and Tobacco Products Market Revenues & Volume By Applications for the Period 2020-2030
• Historical Data and Forecast of Qatar Tobacco and Tobacco Products Market Revenues & Volume By Cigarette? for the Period 2020-2030
• Historical Data and Forecast of Qatar Tobacco and Tobacco Products Market Revenues & Volume By Cigars for the Period 2020-2030
• Qatar Tobacco and Tobacco Products Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Applications
• Qatar Tobacco and Tobacco Products Top Companies Market Share
• Qatar Tobacco and Tobacco Products Competitive Benchmarking By Technical and Operational Parameters
• Qatar Tobacco and Tobacco Products Company Profiles
• Qatar Tobacco and Tobacco Products Key Strategic Recommendations

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