Market Overview:
MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Egypt Cigarette Market, The Egypt Cigarette Market size was valued at USD 5,220 Million in 2024 and is estimated to grow at a CAGR of around 3.90% during the forecast period, i.e., 2024-30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Egypt Cigarette Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.
Industry Outlook & Forecasts:
- Forecast Period: 2024-2030
- Market Size in 2024: 5,220 Million
- CAGR (2024-2030): 3.90%
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Egypt Cigarette Market Segmentation Breakdown:
The Egypt Cigarette Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
By Blend
- American Blend- Market Size & Forecast 2019-2030, USD Million & Million Sticks
- Virginia- Market Size & Forecast 2019-2030, USD Million & Million Sticks
- Other Blend - Market Size & Forecast 2019-2030, USD Million & Million Sticks
By Format
- Regular - Market Size & Forecast 2019-2030, USD Million & Million Sticks
- Slim - Market Size & Forecast 2019-2030, USD Million & Million Sticks
- Super slim - Market Size & Forecast 2019-2030, USD Million & Million Sticks
- Micro slim - Market Size & Forecast 2019-2030, USD Million & Million Sticks
By Price Band
- Economy Price Band - Market Size & Forecast 2019-2030, USD Million & Million Sticks
- Mid-Price Band - Market Size & Forecast 2019-2030, USD Million & Million Sticks
- Premium Price Band - Market Size & Forecast 2019-2030, USD Million & Million Sticks
Among these, economy price band cigarettes acquired a dominant market share in the Egypt Cigarette Market in the historical years owing to the low disposable income of the Egyptian population.
By Distribution Channel
- Store Retailing - Market Size & Forecast 2019-2030, USD Million & Million Sticks
- Non-Store Retailing- Market Size & Forecast 2019-2030, USD Million & Million Sticks
Of these, store retailing registered a considerable amount of growth during the historical period owing to the large number of shops including grocery retailers, convenience stores, supermarkets, tobacco specialists, non-grocery shops, etc.
Geographical Growth Insights:
By Region
- Nile
- Sinai Peninsula
- Eastern Desert
- Upper Egypt
MarkNtel Advisors Highlights Key Market Drivers for Egypt Cigarette Market:
Egyptian Demography to Drive the Market – Egypt has one of the largest populations of tobacco users in the Arab world. The adolescent population of the country contributes to a major share of cigarette consumers in Egypt. This is due to a combination of factors such as low level of parents’ literacy, absence of restriction on selling cigarettes to adolescents near schools, etc. Also, the easier availability of affordable cigarettes has been raising the use of the product among the young population.
According to United Nations Population Fund (UNFPA), in 2022, youth aged between 15-24 years form around 60% of the total population of the country. Also, the Egyptians smoke around 100 billion cigarettes in a year, the amount is equal to every man, woman, and child in Egypt. The relaxation of the laws regarding smoking cigarettes is resulting in the growth of the market. Thereby, the market continues to grow in the country.
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A Comprehensive Analysis of Leading Companies in Egypt Cigarette Market
- Eastern Co SAE
- British American Tobacco PLC.
- United Tobacco Co.
- Philip Morris International Inc.
- Japan Tobacco International SA
- Al Mansour International Distribution Co
- Marlboro
- International Center for Trade
- Cleopatra
- Others
Egypt Cigarette Market Recent Development:
- 2022: United Tobacco Co., has started manufacturing cigarettes in the Egyptian market, as the company obtained a government license to establish a cigarette factory in Egypt.
What are the growth Challenge driving the Egypt Cigarette Market?
Increased Popularity for Illicit Trade to Hinder the Retail Sales of Cigarettes – The Egypt Cigarette Market has been experiencing the advent of illicit cigarettes in past years owing to a lack of government effectiveness, regulatory quality, and rule of law. The increasing availability of illegal trades at low rates is diverting customers with low disposable incomes toward such options. In addition, the availability of flavor capsules produced by higher-end brands at relatively lower prices through illegal channels is attracting a major share of cigarette consumers in Egypt. All these factors are presenting a challenge to the Egypt Cigarette Market.
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