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1792433

2025-2033年薄荷醇香菸市場報告（按膠囊類型、最終用戶、尺寸、配銷通路和地區）

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個工作天內

價格

2024年，全球薄荷捲菸市場規模達970億美元。展望未來， IMARC Group預計到2033年，市場規模將達到1,205億美元，2025-2033年期間的複合年成長率（CAGR）為2.37%。消費者偏好轉向薄荷口味、針對年輕人的積極行銷、監管動態、可支配收入水平的飆升、青睞薄荷口味的文化規範以及製造技術的進步，都是促進薄荷捲菸市場成長的一些因素。

薄荷醇香菸市場分析：

  • 主要市場促進因素：薄荷醇香菸銷售的成長主要歸因於全球吸菸者數量的增加，這是提高薄荷醇香菸市場佔有率的主要因素之一。目前薄荷醇吸菸者改用薄荷醇電子煙的比例有可能提高少數人戒菸的幾率，並減少已知的薄荷醇菸草消費健康差異，這是另一個促進成長的因素。此外，各種包裝和尺寸的薄荷醇香菸的供應意味著並支持菸草公司的積極行銷，刺激了市場的成長。製造商也在研發 (R&D) 方面投入巨資，並開發了膠囊形式的薄荷醇，使吸煙者可以壓碎並釋放薄荷醇味道，這加速了市場的成長。除此之外，與菸草公司在限量版發行或透過全國連鎖俱樂部和菸草店分銷方面的合作關係不斷增加，也在刺激市場的成長。
  • 主要市場趨勢：薄荷捲菸市場趨勢包括近期薄荷捲菸的休閒化，消費者可以自訂自己喜歡的口味。此外，薄荷捲菸的高階化趨勢明顯，消費者願意為高品質薄荷捲菸支付更高的價格，這有利於市場成長。女性消費者更青睞輕盈時尚的捲煙，這促使主要市場參與者推出細支和超細支薄荷捲煙，瞄準女性小眾吸煙文化，從而促進了市場成長。不斷擴張的線上零售提供了更多樣化的薄荷捲菸產品選擇，這也是市場成長的另一個誘因。吸菸者也開始使用環保包裝，增強了環保包裝市場。
  • 地理趨勢：亞太地區擁有高消費率，並彙聚了大型菸草公司，使其成為薄荷醇香菸市場最大的細分市場。由於強大的消費者忠誠度和有效的行銷策略，該市場持續蓬勃發展。此外，在亞太地區，日本和韓國等國家提供了巨大的成長機會，這得益於年輕人和女性吸菸者薄荷醇香菸消費量的不斷成長。此外，由於高階薄荷醇品牌的成功，英國和德國也實現了穩步成長。歐洲市場呈現多元化格局，每個國家都對整體格局做出了獨特的貢獻。然而，這些地區的監管環境和菸草文化對市場發展產生了重大影響，更嚴格的監管對市場成長構成了挑戰。
  • 競爭格局：市場競爭格局的特徵是主要薄荷醇香菸公司的存在，例如 Alfred Dunhill Ltd、Altria Group、英美菸草公司、中國菸草總公司、Commonwealth Brands, Inc.、Essentra plc、Imperial Brands PLC、日本菸草公司、KT&G Corporation、Liggett Vector Brands LLC、雷諾美國公司和菲利普莫里斯國際公司。
  • 挑戰與機會：薄荷醇香菸市場面臨許多挑戰，例如，出於健康考慮，人們對菸草使用的質疑日益增多，以及在限制和監管方面日益增多的法律和行政障礙。不同地區（尤其是歐盟）對薄荷醇香菸的禁令限制了市場的成長。此外，健康宣導活動和人們對吸菸危害日益增強的認知也影響著消費者的偏好。產品創新也為薄荷醇膠囊市場帶來了機遇，預計將進一步提升市場佔有率。此外，新興市場可支配收入的提高以及新興國家生活方式的轉變，也為市場參與者帶來了成長潛力。

薄荷醇香菸市場趨勢：

消費者偏好的轉變

消費者偏好的變化往往會在很大程度上影響全球薄荷捲菸市場的成長。薄荷捲菸是一種廣受歡迎的口味，因為它能帶來清涼的感覺，許多消費者認為這種感覺比非薄荷捲菸更順滑，因此消費者更頻繁地轉向薄荷捲菸。此外，希望擺脫普通菸草產品的吸菸者也被這些新產品帶來的新奇感和口味所吸引，從而推動了市場的成長。根據薄荷捲菸市場預測，隨著注重健康的消費者數量激增，對口味較溫和的薄荷捲菸（相對於非薄荷捲菸）的需求也在成長，這刺激了市場的成長。

積極的行銷策略

菸草製造商用於推廣品牌和在市場上站穩腳跟的策略是支撐全球市場成長的關鍵因素。這些公司在定向廣告、贊助和產品置入方面投入巨資，瞄準特定的消費群體，建立品牌忠誠度或品牌知名度。媒體驅動的品牌推廣技術使薄荷香菸在年輕人和女性群體中被視為受歡迎、時尚且具有社會吸引力的產品。此外，透過推出限量版薄荷香菸以及創新的包裝解決方案，進一步強化了產品的獨特性，從而促進了市場的成長。

監管格局

全球薄荷醇香菸市場的監管格局塑造了不同的區域動態，因為各國的規則和政策各不相同。美國薄荷醇香菸市場受到監管行動的顯著影響。 2022年，美國食品藥物管理局 (FDA) 宣布計劃提出產品標準，禁止薄荷醇作為香菸的標誌性香料，並禁止在雪茄中使用包括薄荷醇在內的所有標誌性香料。這些發展反映了各國為減少菸草使用，尤其是那些被視為吸引年輕人的產品而做出的更廣泛努力。世界各地各國也採取了類似的舉措，禁止添加添加劑、收緊行銷規則並提高稅收，通常出於健康考量和對年輕人的吸引力，將薄荷醇香菸作為主要目標。

目錄

第1章：前言

第2章：範圍與方法

  • 研究目標
  • 利害關係人
  • 資料來源
    • 主要來源
    • 次要來源
  • 市場評估
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章：執行摘要

第4章：簡介

  • 概述
  • 主要行業趨勢

第5章：全球薄荷醇香菸市場

  • 市場概覽
  • 市場表現
  • COVID-19的影響
  • 市場預測

第6章：市場區隔：依膠囊類型

  • 單顆薄荷香煙
  • 雙膠囊薄荷香煙

第7章：市場區隔：依最終用戶

  • 男性
  • 女性

第8章：市場區隔：依規模

  • 特大號
  • 100秒
  • 其他

第9章：市場區隔：按配銷通路

  • 超市
  • 大型超市
  • 線上零售商
  • 其他

第10章：市場細分：按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場區隔：依國家

第 11 章：SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 12 章：價值鏈分析

第 13 章：波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 14 章：價格指標

第 15 章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • 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