The Global Cigarette Filter market is expected to reach USD 61.6 billion by 2030 from USD 36.47 billion in 2021, increasing At a CAGR of 6.85% from the forecast period 2022-2030.
Request Sample Copy Of This Report, Click Here
Cigarette filters are often used to absorb tar, nicotine, and other toxic substances during smoking, hence decreasing the risk of lung cancer. Some significant players are attempting to improve smoke quality by employing doublecigarette filters, which aid in the smooth intake of cigarette smoke and increase the smoking experience. These are the primary factors driving the growth of the Cigarette Filters market. Key manufacturers are heavily investing in R&D and attempting to create improved products in order to compete in the market with rival items. Cigarette filter innovation resulted in the addition of new flavored cigarette filters such as menthol, clove taste, chocolate, and others, which increased demand for such cigarettes, hence driving market growth. People who enjoy smoking but are concerned about their health have begun to use charging cigarettes. Electric cigarettes, often known as charging cigarettes, are nicotine-free cigarettes that use rechargeable technology. Single cigarettes can be used several times by just refilling them. The plastic filters that come with an electric cigarette must be attached by the smoker while smoking. These plastic filters are only good for 3-4 cigarettes before needing to be replaced by the smoker. This innovation contributes to the market's expansion.
Cigarette Filter Market Scope and Segment
|
Attribute
|
Details
|
|
Market Size in 2021
|
USD 36.47 billion
|
|
Estimated Market Size in 2030
|
USD 61.6 billion
|
|
CAGR Growth Rate
|
6.85% CAGR
|
|
Base Year
|
2021
|
|
Forecast Years
|
2022-2030
|
|
Segmentation
|
By Product Type, By Material, By Filter Type, By Distribution channel
|
|
Major Regions Covered
|
- North America - (U.S., Canada, Mexico)
- Europe - (U.K., France, Germany, Italy, Spain, Rest of Europe)
- Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest of Asia Pacific)
- Latin America - (Brazil, Argentina, Rest of Latin America)
- Middle East & Africa - (GCC Countries, South Africa, Rest of Middle East & Africa)
|
|
Key Market Players
|
Cerdia International GmbH, Tokyo Pipe Co. Ltd., Yuri Gagarin PLC, Swiss Quality Paper AG, ARD Filters Inc, Hind Filters Private Limited, Celanese Corporation, Eastman Chemical Company, Daicel Corporation, Mitsubishi Chemical Holdings Corporation, Sappi, Rayonier Advanced Materials, Inc, Tobacco Tactics
|
Buy Copy of This Report@ https://www.globalresearchhub.com/checkout/179/1
Report Highlights:
based on material: cellulose fiber and plastic. Because of its ability to absorb a large amount of tar, cellulose fiber will be the dominant material in 2021.
The cigarette filter market is divided into two categories based on product: disposable and reusable. Because of the features that maintain environmental balance, disposable is dominating in 2021.
based on filter type: normal filters and speciality filters. Regular filters will be the most popular in 2021 due to their low cost.
By distribution channel: The offline segment led the market for cigarette filter and reported for the major revenue share in 2021. The online segment is projected to expand with the fastest CAGR due to rising popularity and growing usage of online shopping portals among consumers, mainly among the young population
Regional Overview
During the projected period, the cigarette filter market is expected to develop significantly across all regions. East Asia, Latin America, Europe, South Asia, North America, Oceania, and the Middle East and Africa are the primary product markets. Asia Pacific dominated the market for cigarette filter and held the largest revenue share of over 45.0% in 2021. The growth of the regional market is contributed to the growing young population smokers and the rising use and adoption of cigarette filter as they accept the habit of smoking to gain a cool appearance. Due to the increasing demand for flavoured filter tips among cigarette smokers in the region, China now holds the largest market share in the Asia-Pacific. China is followed by North America and Europe.
List of Key Players in the Global Cigarette Filter Market:
- Cerdia International GmbH
- Tokyo Pipe Co. Ltd.
- Yuri Gagarin PLC
- Swiss Quality Paper AG
- ARD Filters Inc
- Hind Filters Private Limited
- Celanese Corporation
- Eastman Chemical Company
- Daicel Corporation
- Mitsubishi Chemical Holdings Corporation
- Sappi
- Rayonier Advanced Materials, Inc
- Tobacco Tactics
Global Cigarette Filter Market Segment as Follows:
By Material
By Product Type
By Filter Type
Distribution Channel
You can place an order or ask any questions, please feel free to contact at sales@globalresearchhub.com