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市场调查报告书
商品编码
1792433

2025-2033年薄荷醇香烟市场报告（按胶囊类型、最终用户、尺寸、配销通路和地区）

Menthol Cigarette Market Report by Capsule Type, End-User, Size, Distribution Channel, and Region 2025-2033
出版日期: | 出版商: IMARC | 英文 142 Pages | 商品交期: 2-3个工作天内

价格

2024年，全球薄荷捲烟市场规模达970亿美元。展望未来， IMARC Group预计到2033年，市场规模将达到1,205亿美元，2025-2033年期间的复合年增长率（CAGR）为2.37%。消费者偏好转向薄荷口味、针对年轻人的积极行销、监管动态、可支配收入水平的飙升、青睐薄荷口味的文化规范以及製造技术的进步，都是促进薄荷捲烟市场成长的一些因素。

薄荷醇香烟市场分析：

  • 主要市场驱动因素：薄荷醇香烟销售的成长主要归因于全球吸烟者数量的增加，这是提高薄荷醇香烟市场份额的主要因素之一。目前薄荷醇吸烟者改用薄荷醇电子烟的比例有可能提高少数人戒烟的几率，并减少已知的薄荷醇烟草消费健康差异，这是另一个促进成长的因素。此外，各种包装和尺寸的薄荷醇香烟的供应意味着并支持烟草公司的积极行销，刺激了市场的成长。製造商也在研发 (R&D) 方面投入巨资，并开发了胶囊形式的薄荷醇，使吸烟者可以压碎并释放薄荷醇味道，这加速了市场的成长。除此之外，与烟草公司在限量版发行或透过全国连锁俱乐部和烟草店分销方面的合作关係不断增加，也在刺激市场的成长。
  • 主要市场趋势：薄荷捲烟市场趋势包括近期薄荷捲烟的休閒化，消费者可以自订自己喜欢的口味。此外，薄荷捲烟的高端化趋势明显，消费者愿意为高品质薄荷捲烟支付更高的价格，这有利于市场成长。女性消费者更青睐轻盈时尚的捲烟，这促使主要市场参与者推出细支和超细支薄荷捲烟，瞄准女性小众吸烟文化，从而促进了市场增长。不断扩张的线上零售提供了更多样化的薄荷捲烟产品选择，这也是市场成长的另一个诱因。吸烟者也开始使用环保包装，增强了环保包装市场。
  • 地理趋势：亚太地区拥有高消费率，并彙聚了大型烟草公司，使其成为薄荷醇香烟市场最大的细分市场。由于强大的消费者忠诚度和有效的行销策略，该市场持续蓬勃发展。此外，在亚太地区，日本和韩国等国家提供了巨大的成长机会，这得益于年轻人和女性吸烟者薄荷醇香烟消费量的不断增长。此外，由于高端薄荷醇品牌的成功，英国和德国也实现了稳步成长。欧洲市场呈现多元化格局，每个国家都对整体格局做出了独特的贡献。然而，这些地区的监管环境和烟草文化对市场发展产生了重大影响，更严格的监管对市场成长构成了挑战。
  • 竞争格局：市场竞争格局的特征是主要薄荷醇香烟公司的存在，例如 Alfred Dunhill Ltd、Altria Group、英美烟草公司、中国烟草总公司、Commonwealth Brands, Inc.、Essentra plc、Imperial Brands PLC、日本烟草公司、KT&G Corporation、Liggett Vector Brands LLC、雷诺美国公司和菲利普莫里斯国际公司。
  • 挑战与机会：薄荷醇香烟市场面临许多挑战，例如，出于健康考虑，人们对烟草使用的质疑日益增多，以及在限制和监管方面日益增多的法律和行政障碍。不同地区（尤其是欧盟）对薄荷醇香烟的禁令限制了市场的成长。此外，健康宣导活动和人们对吸烟危害日益增强的认知也影响着消费者的偏好。产品创新也为薄荷醇胶囊市场带来了机会，预计将进一步提升市场份额。此外，新兴市场可支配收入的提高以及新兴国家生活方式的转变，也为市场参与者带来了成长潜力。

薄荷醇香烟市场趋势：

消费者偏好的转变

消费者偏好的变化往往会在很大程度上影响全球薄荷捲烟市场的成长。薄荷捲烟是一种广受欢迎的口味，因为它能带来清凉的感觉，许多消费者认为这种感觉比非薄荷捲烟更顺滑，因此消费者更频繁地转向薄荷捲烟。此外，希望摆脱普通烟草产品的吸烟者也被这些新产品带来的新奇感和口味所吸引，从而推动了市场的成长。根据薄荷捲烟市场预测，随着注重健康的消费者数量激增，对口味较温和的薄荷捲烟（相对于非薄荷捲烟）的需求也在成长，这刺激了市场的成长。

积极的营销策略

烟草製造商用于推广品牌和在市场上站稳脚跟的策略是支撑全球市场成长的关键因素。这些公司在定向广告、赞助和产品置入方面投入巨资，瞄准特定的消费群体，建立品牌忠诚度或品牌知名度。媒体驱动的品牌推广技术使薄荷香烟在年轻人和女性群体中被视为受欢迎、时尚且具有社会吸引力的产品。此外，透过推出限量版薄荷香烟以及创新的包装解决方案，进一步强化了产品的独特性，从而促进了市场的成长。

监管格局

全球薄荷醇香烟市场的监管格局塑造了不同的区域动态，因为各国的规则和政策各不相同。美国薄荷醇香烟市场受到监管行动的显着影响。 2022年，美国食品药物管理局 (FDA) 宣布计划提出产品标准，禁止薄荷醇作为香烟的标誌性香料，并禁止在雪茄中使用包括薄荷醇在内的所有标誌性香料。这些发展反映了各国为减少烟草使用，尤其是那些被视为吸引年轻人的产品而做出的更广泛努力。世界各地各国也采取了类似的倡议，禁止添加添加剂、收紧行销规则并提高税收，通常出于健康考量和对年轻人的吸引力，将薄荷醇香烟作为主要目标。

目录

第一章：前言

第二章：范围与方法

  • 研究目标
  • 利害关係人
  • 资料来源
    • 主要来源
    • 次要来源
  • 市场评估
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第三章：执行摘要

第四章：简介

  • 概述
  • 主要行业趋势

第五章：全球薄荷醇香烟市场

  • 市场概览
  • 市场表现
  • COVID-19的影响
  • 市场预测

第六章：市场区隔：依胶囊类型

  • 单颗薄荷香烟
  • 双胶囊薄荷香烟

第七章：市场区隔：依最终用户

  • 男性
  • 女性

第八章：市场区隔：依规模

  • 特大号
  • 100秒
  • 其他的

第九章：市场区隔：按配销通路

  • 超市
  • 大型超市
  • 线上零售商
  • 其他的

第十章：市场细分：按地区

  • 北美洲
    • 美国
    • 加拿大
  • 亚太地区
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲
    • 市场区隔：依国家

第 11 章：SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 12 章：价值链分析

第 13 章：波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 14 章：价格指标

第 15 章：竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • Alfred Dunhill Ltd
    • Altria Group
    • British American Tobacco plc
    • China National Tobacco Corporation
    • Commonwealth Brands, Inc.
    • Essentra PLC
    • Imperial Brands Plc
    • Japan Tobacco Inc.
    • KT&G Corporation
    • Liggett Vector Brands LLC
    • Reynolds American Inc
    • Philip Morris International Inc.
Product Code: SR112025A1985

The global menthol cigarette market size reached USD 97.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 120.5 Billion by 2033, exhibiting a growth rate (CAGR) of 2.37% during 2025-2033. Shifting consumer preferences toward menthol flavors, aggressive marketing targeting young adults, regulatory dynamics, surging disposable income levels, cultural norms favoring menthol variants, and technological advancements in manufacturing are some of the factors fostering the menthol cigarette market growth.

Menthol Cigarette Market Analysis:

  • Major Market Drivers: Increasing sales of menthol cigarette is primarily attributed to the escalating number of smokers around the globe, which is one of the primary factors boosting the menthol cigarette market share. The proportion of current menthol smokers switching to menthol vaping has potential to increase minority tobacco cessation and reduce known health disparities in menthol tobacco consumption is another growth-inducing factor. Furthermore, the availability of menthol cigarettes in a range of packaging and sizes means and supporting aggressive marketing by tobacco companies are stimulating the market growth. The manufacturers are also investing heavily in research and development (R&D) and have developed capsule form of menthol, enabling smokers to crush and release menthol flavor, which is accelerating the market growth. Apart from this, the surging partnerships with tobacco companies on limited edition releases or being distributed through national chains of clubs and smoke shops are stimulating the market growth.
  • Key Market Trends: The menthol cigarette market trends include the recent casualization of menthol cigarettes, which allow consumers to tailor the taste of their smoke. In addition, there is a distinct trend towards premiumization, resulting in consumers willing to pay more for top quality menthol cigarettes, which is favoring the market growth. Women prefer lighter and more stylish cigarettes, which has compelled key market players to introduce slim and ultra-slim menthol cigarettes, targeting a niche female smoking culture, which is fostering the market growth. The expanding online retailing has provided a more diverse selection of menthol products, which is another growth-inducing factor for the market. Smokers are also moving towards the use of eco-friendly packaging thereby strengthening the eco-friendly packaging market.
  • Geographical Trends: The Asia Pacific boasts a high consumption rate and hosts major tobacco companies, making it the largest segment in the menthol cigarette market. This market continues to thrive due to strong consumer loyalty and effective marketing strategies. Moreover, in the Asia-Pacific region, countries like Japan and South Korea offer significant growth opportunities, driven by rising menthol cigarette consumption among young adults and female smokers. Furthermore, the UK and Germany have also seen steady growth, fueled by the success of premium menthol brands. Europe's market is diverse, with each country contributing uniquely to the overall landscape. However, the regulatory environment and tobacco culture in these regions significantly impact market development, with stricter regulations posing challenges to market growth.
  • Competitive Landscape: The competitive landscape of the market is characterized by the presence of key menthol cigarette companies, such as Alfred Dunhill Ltd, Altria Group, British American Tobacco p.l.c., China National Tobacco Corporation, Commonwealth Brands, Inc., Essentra plc, Imperial Brands PLC, Japan Tobacco Inc., KT&G Corporation, Liggett Vector Brands LLC, Reynolds American Inc and Philip Morris International Inc.
  • Challenges and Opportunities: There are a variety of challenges that affect the menthol cigarette market, such as the increasingly common skepticism surrounding tobacco use (due to health concerns), and the mounting legal and administrative barriers when it comes to restrictions and regulation. Growth in the market is restricted by the ban on menthol cigarettes in different regions, notably the EU. Consumer preferences are also influenced by health campaigns and increasing awareness of the dangers of smoking. This innovation in product offerings also represents a source of opportunity-to capture an increasing share of growth in menthol capsules. Moreover, rising disposable incomes in the emerging markets and shift in lifestyles in the emerging nations seem growth potential for players in the market.

Menthol Cigarette Market Trends:

Shifting Consumer Preferences

The changing consumer preferences are inclined to affect the growth of the global menthol cigarette market to a large extent. Menthol is a popular flavor because it offers a cooling sensation that many consumers believe is smoother than smoking non-menthol cigarettes, leading consumers to switch to menthols more frequently than similar products. Additionally, smokers looking to get away from regular tobacco products are lured by the novelty and flavors provided by these new products, which is boosting the market growth. As per the menthol cigarette market forecast, with the surging number of health-conscious consumers, the demand for milder menthol cigarettes (in comparison to non-menthol) has increased, which is stimulating the market growth.

Aggressive Marketing Strategies

The strategies used by tobacco manufacturers to market their brands and gain a foothold in the market are key factors supporting the global market growth. These companies are making huge investment in targeted advertising, sponsorships, and product placement to target on a specific consumer sector and build up brand loyalty or brand awareness. Media-driven branding techniques contribute to menthol cigarettes being perceived as popular, fashionable, and socially desirable products among young adults and females. In addition, the exclusivity of the product is further reinforced through the launch of limited-edition menthol variants as well as through innovative packaging solutions, contributing to the market growth.

Regulatory Landscape

The regulatory landscape of the global menthol cigarette market shapes different regional dynamics, as the rules and policies vary by country. The menthol cigarette market USA has been significantly influenced by regulatory actions. In 2022, the Food and Drug Administration (FDA) announced plans to propose product standards to ban menthol as a characterizing flavor in cigarettes and to prohibit all characterizing flavors, including menthol, in cigars. These developments reflect broader efforts to reduce tobacco use, especially products seen as appealing to younger demographics. Around the world, countries have taken similar steps, banning additives, tightening marketing rules, and increasing taxes, often targeting menthol cigarettes due to health concerns and youth appeal.

Menthol Cigarette Industry Segmentation:

Breakup by Capsule Type:

  • Single Capsule Menthol Cigarette
  • Double Capsule Menthol Cigarette

Single capsule menthol cigarette accounts for the majority of the market share

The single capsule menthol cigarette segment is driven by the increasing demand for customizable smoking experiences among consumers seeking novelty and variety in their tobacco consumption. This segment offers smokers the ability to control the intensity of menthol flavor by crushing the capsule within the filter, providing a tailored sensory experience with each puff. Additionally, the convenience and portability of single capsule menthol cigarettes appeal to on-the-go consumers who prioritize convenience and flexibility in their smoking habits. Furthermore, the perception of single capsule menthol cigarettes as a modern and innovative product aligns with evolving consumer preferences for novel and trendy tobacco products, particularly among younger demographics and urban populations. Moreover, the segment's growth is fueled by aggressive marketing strategies employed by tobacco companies, which highlight the customizable nature and unique selling points of single capsule menthol cigarettes through targeted advertising campaigns and product promotions.

Breakup by End-User:

  • Male
  • Female

Male accounts for the majority of the market share

The male segment in the menthol cigarette market is driven by several key factors, such as the increasing demand for menthol cigarettes among male smokers is propelled by the desire for a refreshing and invigorating smoking experience. Menthol's cooling sensation provides a unique sensory satisfaction, particularly favored by male smokers who seek a more enjoyable and gratifying smoking ritual. Additionally, the male segment is influenced by social factors, including peer influence and societal norms, which contribute to the widespread acceptance and popularity of menthol cigarettes among male smokers. The perception of menthol cigarettes as a symbol of masculinity and sophistication further reinforces their appeal to this demographic, fostering a sense of identity and belonging within male smoker communities. Moreover, the availability of a wide range of menthol cigarette brands and variants tailored to different taste preferences and intensity levels caters to the diverse preferences of male smokers, allowing them to choose products that align with their individual preferences and lifestyles.

Breakup by Size:

  • King Size
  • 100s
  • Others

King size accounts for the majority of the market share

The king-size segment in the menthol cigarettes market is driven by several key factors, such as the increasing demand for value and convenience among consumers fuels the growth of this segment. King-size cigarettes offer smokers a longer-lasting smoking experience, providing better value for money compared to standard-sized cigarettes. Additionally, the larger size appeals to heavy smokers who seek a more substantial nicotine hit and prolonged satisfaction from each cigarette. Moreover, the king-size segment is driven by the rising popularity of menthol-flavored cigarettes among young adults and women. Menthol's perceived cooling sensation and smoother smoke experience make it a preferred choice for many smokers, driving demand for menthol variants in larger sizes. Furthermore, the segment benefits from the strategic marketing efforts of tobacco companies, which promote king-size menthol cigarettes through targeted advertising campaigns and product innovations. These companies capitalize on consumer preferences and trends, leveraging the allure of menthol to capture a larger share of the market.

Breakup by Distribution Channel:

  • Supermarkets
  • Hypermarkets
  • Online Retailers
  • Others

The supermarket segment is driven by the increasing consumer demand for convenience, variety, and competitive pricing. Supermarkets offer a one-stop shopping experience, catering to diverse consumer needs with a wide range of products under one roof. The convenience factor, coupled with the availability of fresh produce, packaged goods, and household essentials, attracts busy shoppers looking to streamline their shopping trips. Additionally, supermarkets leverage economies of scale to negotiate favorable pricing with suppliers, allowing them to offer competitive prices and discounts to customers. Furthermore, the proliferation of supermarket chains and the expansion of store networks into suburban and rural areas contribute to market growth, enhancing accessibility for consumers across diverse demographics and geographic regions.

The hypermarket segment is driven by the increasing consumer preference for bulk purchases, value-for-money offerings, and a comprehensive product assortment. Hypermarkets combine the features of supermarkets and department stores, offering a vast selection of groceries, electronics, apparel, and household items under one expansive roof. The appeal of hypermarkets lies in their ability to provide a one-stop shopping destination for consumers seeking convenience and cost savings. By offering bulk discounts, promotional deals, and exclusive private-label brands, hypermarkets attract price-conscious shoppers looking to maximize their purchasing power. Moreover, the spacious layout and ample parking facilities of hypermarkets enhance the shopping experience, allowing customers to browse leisurely and explore a wide range of products in a single visit. The strategic location of hypermarkets in high-traffic areas and their extended operating hours further contribute to their popularity among busy urban consumers seeking convenience and accessibility.

The online retail segment is driven by the increasing adoption of e-commerce platforms, digitalization trends, and shifting consumer shopping behaviors. Online retailers offer unparalleled convenience, allowing consumers to browse, purchase, and receive products from the comfort of their homes or on-the-go via mobile devices. The convenience of doorstep delivery, hassle-free returns, and personalized recommendations enhance the overall shopping experience, driving customer satisfaction and loyalty. Furthermore, the availability of diverse payment options, secure transactions, and advanced logistics infrastructure ensure smooth order fulfillment and timely delivery, fostering trust and confidence among online shoppers.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Asia Pacific leads the market, accounting for the largest menthol cigarette market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific market is driven by the increasing consumer preference for menthol-flavored cigarettes, influenced by cultural norms and smoking traditions prevalent in many countries across the region. Menthol cigarettes are often perceived as offering a smoother smoking experience and a refreshing sensation, aligning well with the preferences of Asian consumers who value sensory satisfaction in their tobacco products. Furthermore, the region's large and diverse population, particularly in countries like China and India, presents a vast market opportunity for menthol cigarette manufacturers to capitalize on. Additionally, the Asia Pacific market is characterized by rapid urbanization and rising disposable incomes, particularly among the middle-class demographic, which further fuels the demand for menthol cigarettes as consumers seek affordable luxury and indulgence. Moreover, the regulatory landscape in the Asia Pacific region, while increasingly stringent in some countries, may still be relatively favorable towards menthol cigarettes compared to Western markets, allowing for continued growth and market penetration.

Competitive Landscape:

  • The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the menthol cigarette include Alfred Dunhill Ltd, Altria Group, British American Tobacco p.l.c., China National Tobacco Corporation, Commonwealth Brands, Inc., Essentra plc, Imperial Brands PLC, Japan Tobacco Inc., KT&G Corporation, Liggett Vector Brands LLC, Reynolds American Inc, Philip Morris International Inc., etc.
  • Key players in the menthol cigarette market are actively engaged in various strategies to maintain their market share and capitalize on emerging opportunities. These companies are continuously innovating their product offerings, introducing new menthol-infused cigarette variants, and enhancing existing formulations to meet evolving consumer preferences and regulatory requirements. Furthermore, key players are expanding their global presence through strategic partnerships, acquisitions, and distribution agreements to gain access to new markets and distribution channels. In response to increasing health concerns and regulatory pressures, some companies are also exploring alternative nicotine delivery systems, including electronic cigarettes and heated tobacco products, to diversify their product portfolios and cater to a broader range of consumer preferences. Moreover, sustainability and corporate social responsibility initiatives are gaining prominence among key players, with efforts focused on reducing environmental impact, improving supply chain transparency, and addressing social issues related to tobacco cultivation and production.

Key Questions Answered in This Report

  • 1.What was the size of the global menthol cigarette market in 2024?
  • 2.What is the expected growth rate of the global menthol cigarette market during 2025-2033?
  • 3.What are the key factors driving the global menthol cigarette market?
  • 4.What has been the impact of COVID-19 on the global menthol cigarette market?
  • 5.What is the breakup of the global menthol cigarette market based on the capsule type?
  • 6.What is the breakup of the global menthol cigarette market based on the end-user?
  • 7.What is the breakup of the global menthol cigarette market based on the size?
  • 8.What are the key regions in the global menthol cigarette market?
  • 9.Who are the key players/companies in the global menthol cigarette market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Menthol Cigarette Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Capsule Type

  • 6.1 Single Capsule Menthol Cigarette
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Double Capsule Menthol Cigarette
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by End-User

  • 7.1 Male
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Female
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Size

  • 8.1 King Size
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 100s
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Others
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Distribution Channel

  • 9.1 Supermarkets
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Hypermarkets
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Online Retailers
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Others
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Indicators

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Alfred Dunhill Ltd
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
    • 15.3.2 Altria Group
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 British American Tobacco p.l.c.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 China National Tobacco Corporation
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 Commonwealth Brands, Inc.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Essentra PLC
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
    • 15.3.7 Imperial Brands Plc
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Japan Tobacco Inc.
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 KT&G Corporation
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 Liggett Vector Brands LLC
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11 Reynolds American Inc
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
    • 15.3.12 Philip Morris International Inc.
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
      • 15.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Menthol Cigarette Market: Major Drivers and Challenges
  • Figure 2: Global: Menthol Cigarette Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Menthol Cigarette Market: Breakup by Capsule Type (in %), 2024
  • Figure 4: Global: Menthol Cigarette Market: Breakup by End-User (in %), 2024
  • Figure 5: Global: Menthol Cigarette Market: Breakup by Size (in %), 2024
  • Figure 6: Global: Menthol Cigarette Market: Breakup by Distribution Channel (in %), 2024
  • Figure 7: Global: Menthol Cigarette Market: Breakup by Region (in %), 2024
  • Figure 8: Global: Menthol Cigarette Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 9: Global: Menthol Cigarette (Single Capsule Menthol Cigarette) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 10: Global: Menthol Cigarette (Single Capsule Menthol Cigarette) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 11: Global: Menthol Cigarette (Double Capsule Menthol Cigarette) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 12: Global: Menthol Cigarette (Double Capsule Menthol Cigarette) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 13: Global: Menthol Cigarette (Male) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 14: Global: Menthol Cigarette (Male) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 15: Global: Menthol Cigarette (Female) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 16: Global: Menthol Cigarette (Female) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 17: Global: Menthol Cigarette (King Size) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 18: Global: Menthol Cigarette (King Size) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 19: Global: Menthol Cigarette (100s) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 20: Global: Menthol Cigarette (100s) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 21: Global: Menthol Cigarette (Others) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 22: Global: Menthol Cigarette (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 23: Global: Menthol Cigarette (Supermarkets) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 24: Global: Menthol Cigarette (Supermarkets) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 25: Global: Menthol Cigarette (Hypermarkets) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 26: Global: Menthol Cigarette (Hypermarkets) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 27: Global: Menthol Cigarette (Online Retailers) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 28: Global: Menthol Cigarette (Online Retailers) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 29: Global: Menthol Cigarette (Others) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 30: Global: Menthol Cigarette (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 31: North America: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 32: North America: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 33: United States: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 34: United States: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 35: Canada: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 36: Canada: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 37: Asia Pacific: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 38: Asia Pacific: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 39: China: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 40: China: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 41: Japan: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 42: Japan: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 43: India: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 44: India: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 45: South Korea: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 46: South Korea: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 47: Australia: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 48: Australia: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 49: Indonesia: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 50: Indonesia: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 51: Others: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 52: Others: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 53: Europe: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 54: Europe: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 55: Germany: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 56: Germany: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 57: France: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 58: France: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 59: United Kingdom: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 60: United Kingdom: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 61: Italy: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 62: Italy: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 63: Spain: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 64: Spain: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 65: Russia: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 66: Russia: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 67: Others: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 68: Others: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 69: Latin America: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 70: Latin America: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 71: Brazil: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 72: Brazil: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 73: Mexico: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 74: Mexico: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 75: Others: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 76: Others: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 77: Middle East and Africa: Menthol Cigarette Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 78: Middle East and Africa: Menthol Cigarette Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 79: Global: Menthol Cigarette Industry: SWOT Analysis
  • Figure 80: Global: Menthol Cigarette Industry: Value Chain Analysis
  • Figure 81: Global: Menthol Cigarette Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Menthol Cigarette Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Menthol Cigarette Market Forecast: Breakup by Capsule Type (in Million USD), 2025-2033
  • Table 3: Global: Menthol Cigarette Market Forecast: Breakup by End-User (in Million USD), 2025-2033
  • Table 4: Global: Menthol Cigarette Market Forecast: Breakup by Size (in Million USD), 2025-2033
  • Table 5: Global: Menthol Cigarette Market Forecast: Breakup by Distribution Channel (in Million USD), 2025-2033
  • Table 6: Global: Menthol Cigarette Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 7: Global: Menthol Cigarette Market: Competitive Structure
  • Table 8: Global: Menthol Cigarette Market: Key Players