China Tobacco Products Market Analysis and Forecast by Product Categories and Segments, Distribution Channel, Competitive Landscape and Consumer Segmentation, 2021-2026
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The China tobacco market size was CNY2,489.6 billion ($386 billion) in 2021. The market is expected to achieve a CAGR of more than 2% during 2021-2026. The China tobacco market research report provides a comprehensive overview of the tobacco sector in China.
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China Tobacco Market Segmentation by Category
The key category in the China tobacco market is cigarettes. The ‘filter cigarettes 120s’ is forecast to be the fastest growing sub-segment within this category.
China Tobacco Market Segmentation by Distribution Channel
The key distribution channels in the China tobacco market are convenience stores, hypermarkets and supermarkets, tobacco specialists, and cash and carries and warehouse clubs. Convenience stores were the leading distribution channel in the cigarettes category in 2021.
China Tobacco Market Analysis, by Distribution Channels
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Competitive Landscape
The leading company in the China tobacco market is China National Tobacco Corp (CNTC). Yunyan, owned by China National Tobacco Corp (CNTC) is the leading brand in the category in 2021. The other brands owned by the company are Double Happiness, Baisha, and Hongtashan.
China Tobacco Market Analysis, by Companies
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Key Highlights
- Convenience stores was the leading distribution channel in the cigarettes category
- The ‘filter cigarettes 120s’ is forecast to be the fastest growing sub-segment in the cigarettes category
- China National Tobacco Corp (CNTC) was the leading company in the cigarettes category
- Yunyan, owned by China National Tobacco Corp (CNTC) is the leading brand in the cigarettes category, in 2021
- With growing awareness of environmental and health risks associated with smoking, the Chinese cigarette market has been affected
China Tobacco Market Overview
Market Size (2021) | CNY2,489.6 billion ($386 billion) |
CAGR (2021-2026) | >2% |
Key Categories | Cigarettes |
Key Distribution Channels | Convenience Stores, Hypermarkets & Supermarkets, Tobacco Specialists, and Cash & Carries & Warehouse Clubs |
Leading Companies | China National Tobacco Corp (CNTC) |
Scope
The report provides:
- An overview of the growth at a sector level and provides an analysis of four categories: cigarettes. These categories are analyzed by value, volume, and CAGR for the period 2016-2026. The section also includes value analysis of segments, value, and volume analysis of sub-segments under each category for the period 2016-2026.
- Analysis of the leading distribution channels at the category level in 2021. The consumer sector reports cover the distribution channels: cash & carries and warehouse clubs, convenience stores, department stores, e-retailers, hypermarkets & supermarkets, tobacco specialists, vending machines, and other general retailers.
- Taxation landscape in the country and effects on the tobacco sector.
- Analysis of leading companies by category in 2021 and the market share and growth of private labels in each category.
- Consumption of tobacco by gender in China.
- The impact of policies and regulations on the tobacco sector in China.
- Forecast analysis of categories in the tobacco sector.
- Outlook on macroeconomic indicators in China, with a detailed summary of the economy, labor market, and demographics.
- Provides sector value and volume data, including category and sector level data for the period 2016-2026.
Reasons to Buy
- Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market. Identify the areas of growth and opportunities, which will aid effective marketing planning.
- The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes – prime intelligence for marketers. Understand the market dynamics and essential data to benchmark your position and identify where to compete in the future.
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Frequently asked questions
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What was the China tobacco market size in 2021?
The tobacco market size in China was CNY2,489.6 billion ($386 billion) in 2021.
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What is the China tobacco market growth rate?
The tobacco market in China is expected to achieve a CAGR of more than 2% during 2021-2026.
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What are the key categories of the China tobacco market?
The key category in the China tobacco market is cigarettes.
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What are the key distribution channels of the China tobacco market?
The key distribution channels in the Chinese tobacco market are convenience stores, hypermarkets & supermarkets, tobacco specialists, and cash & carries & warehouse clubs.
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Which are the leading companies in the China tobacco market?
The leading company in the China tobacco market is China National Tobacco Corp (CNTC).
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