Product Code: ETC051679 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The cigarette market in Saudi Arabia is expected to expand at a significant CAGR over the forecast period, from 2025 to 2031. The growth of the market is mainly driven by high disposable incomes and rising health awareness among consumers. Moreover, increasing international trade activities have also boosted the demand for cigarettes in the country.
High Disposable Income: In recent years, Saudi Arabia has seen steady economic growth and development due to oil exports which has resulted in increased disposable incomes among citizens leading them towards purchasing cigarettes as well as other luxury goods more frequently. This has thus driven up sales of cigarettes within the country considerably over time. As awareness about smoking-related illnesses rises, many people are opting for lighter versions such as menthol or slim cigarettes that contain fewer nicotine levels than regular ones - this helps attract new consumers into the market especially female smokers who may be more conscious of their health compared to male counterparts ?? thereby driving up overall sales even further. International Trade Activities: Due to its strategic position near major trading partners like India & China, imports/exports between these countries have led to an increase in demand for tobacco products within Saudi Arabia borders resulting in higher revenue generation through taxes collected on such activities as well as greater profits for domestic companies involved with these transactions .
Rising Taxation Policies: To counterbalance against potential health risks associated with smoking, numerous governments around world including those within KSA have imposed high taxation policies on tobacco products making them more expensive thus reducing its affordability especially amongst lower income brackets negatively impacting overall cigarette consumption rates across all demographics.
In response to Covid 19 pandemic outbreak, governments around globe have implemented lockdown measures resulting into disruption of normal business activities including those related with cigarette manufacturing processes and supply chain operations leading to stalled inventory supplies until new orders arrive from customers or distributors located at different locations worldwide causing negative impact on global sales volumes of cigarettes ultimately affecting revenues generated through its sale.
Altria Group Inc., China Tobacco International (HK) Ltd., Imperial Brands Plc., Japan Tobacco International USA Inc., Philip Morris International Inc., British American Tobacco Plc. etcetera are some of major players operating within global Cigarette Market space.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Cigarette Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Cigarette Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Cigarette Market - Industry Life Cycle |
3.4 Saudi Arabia Cigarette Market - Porter's Five Forces |
3.5 Saudi Arabia Cigarette Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Cigarette Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Saudi Arabia Cigarette Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Cigarette Market Trends |
6 Saudi Arabia Cigarette Market, By Types |
6.1 Saudi Arabia Cigarette Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Cigarette Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Cigarette Market Revenues & Volume, By Light, 2021-2031F |
6.1.4 Saudi Arabia Cigarette Market Revenues & Volume, By Medium, 2021-2031F |
6.1.5 Saudi Arabia Cigarette Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Cigarette Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Cigarette Market Revenues & Volume, By Tobacco Shops, 2021-2031F |
6.2.3 Saudi Arabia Cigarette Market Revenues & Volume, By Supermarket and Hypermarkets, 2021-2031F |
6.2.4 Saudi Arabia Cigarette Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.5 Saudi Arabia Cigarette Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 Saudi Arabia Cigarette Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Cigarette Market Import-Export Trade Statistics |
7.1 Saudi Arabia Cigarette Market Export to Major Countries |
7.2 Saudi Arabia Cigarette Market Imports from Major Countries |
8 Saudi Arabia Cigarette Market Key Performance Indicators |
9 Saudi Arabia Cigarette Market - Opportunity Assessment |
9.1 Saudi Arabia Cigarette Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Cigarette Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saudi Arabia Cigarette Market - Competitive Landscape |
10.1 Saudi Arabia Cigarette Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Cigarette Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |