Tobacco Products - Japan

  • Japan
  • The Tobacco Products market in Japan is projected to generate a revenue of €22.7bn in 2024.
  • It is expected to experience an annual growth rate of 0.18% (CAGR 2024-2029).
  • Among the various segments within the market, the largest one is the Cigarettes segment, which is estimated to have a market volume of €22.6bn in 2024.
  • When compared globally, in China stands out as the country generating the highest revenue in the Tobacco Products market, reaching €276,800m in 2024.
  • Looking at the per capita figures, each person in Japan is anticipated to generate a revenue of €200.30 in 2024.
  • Furthermore, online sales are predicted to contribute 15.7% of the total revenue in the Tobacco Products market by 2024.
  • Japan's tobacco market has seen a surge in demand for smokeless tobacco products, driven by changing consumer preferences and a desire for healthier alternatives, which could threaten to impede growth of traditional products such as cigarettes.

Key regions: Worldwide, India, United States, China, Germany

 
Mercado
 
Región
 
Comparación de regiones
 
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Analyst Opinion

Tobacco products have been the focus of tightening regulations for decades. Higher taxation and increasing health awareness among consumers have reduced smoking rates and volume consumption significantly in the past. Over the forecast period, a certain stabilization of these losses is expected to happen. Most growth in the sector, however, is attributable to novel, risk-reduced products that can broadly be classified as vaping products or e-cigarettes (e.g., Juul).

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Tobacco products, namely, Cigarettes, Cigars, Smoking Tobacco, and E-Cigarettes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as smoking rates, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing and regression analysis. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Visión general

  • Revenue
  • Key Players
  • Volume
  • Price
  • Analyst Opinion
  • Sales Channels
  • Demographics
  • Global Comparison
  • Methodology
  • Key Market Indicators
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