Asia Pacific Modern Oral Nicotine Products Market Size & Outlook
The modern oral nicotine products market in Asia Pacific is expected to reach a projected revenue of US$ 177.0 million by 2030. A compound annual growth rate of 31.5% is expected of Asia Pacific modern oral nicotine products market from 2024 to 2030.
Revenue, 2023 (US$M)
$26.0
Forecast, 2030 (US$M)
$177.0
CAGR, 2024 - 2030
31.5%
Report Coverage
Asia Pacific
Asia Pacific modern oral nicotine products market, 2018-2030 (US$M)
Asia Pacific modern oral nicotine products market highlights
- The Asia Pacific modern oral nicotine products market generated a revenue of USD 26.0 million in 2023.
- The market is expected to grow at a CAGR of 31.5% from 2024 to 2030.
- In terms of segment, nicotine pouches was the largest revenue generating product in 2023.
- Nicotine Pouches is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 26.0 million |
| Market revenue in 2030 | USD 177.0 million |
| Growth rate | 31.5% (CAGR from 2023 to 2030) |
| Largest segment | Nicotine pouches |
| Fastest growing segment | Nicotine Pouches |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nicotine Pouches |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 0.5% of the global modern oral nicotine products market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 177.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Modern Oral Nicotine Products Market Scope
Modern oral nicotine products market segmentation & scope
Strenght
Light
Normal
Strong
Extra Strong
Flavor
Original/Unflavored
Flavored
Distribution Channel
Offline
Online
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait
Modern Oral Nicotine Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific modern oral nicotine products market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
