China Nicotine Pouches Market Size & Outlook, 2023-2030
China nicotine pouches market, 2018-2030 (US$M)
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China nicotine pouches market highlights
- The China nicotine pouches market generated a revenue of USD 3.5 million in 2023 and is expected to reach USD 53.9 million by 2030.
- The China market is expected to grow at a CAGR of 47.9% from 2024 to 2030.
- In terms of segment, tobacco derived was the largest revenue generating product in 2023.
- Synthetic is the most lucrative product segment registering the fastest growth during the forecast period.
Nicotine pouches market data book summary
| Market revenue in 2023 | USD 3.5 million |
| Market revenue in 2030 | USD 53.9 million |
| Growth rate | 47.9% (CAGR from 2023 to 2030) |
| Largest segment | Tobacco derived |
| Fastest growing segment | Synthetic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tobacco derived, Synthetic |
| Key market players worldwide | Swedish Match, Altria Group Inc, British American Tobacco, Japan Tobacco Inc, Philip Morris International Inc, Skruf Snus |
Other key industry trends
- In terms of revenue, China accounted for 0.1% of the global nicotine pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China nicotine pouches market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 53.9 million by 2030.
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Nicotine Pouches Market Scope
Nicotine Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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China nicotine pouches market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nicotine pouches market will help companies and investors design strategic landscapes.
Tobacco derived was the largest segment with a revenue share of 97.14% in 2023. Horizon Databook has segmented the China nicotine pouches market based on tobacco derived, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
China is the largest producer and consumer of tobacco in the world. There are more than 300 million smokers in China, nearly one-third of the world's total. More than half of adult men are current tobacco smokers.
The largest population of vapers is in China (7.7 million or 0.6% of the population). The demand for nicotine pouches in China has surged in recent years, driven by a combination of factors. With the Chinese government tightening regulations on traditional tobacco products like cigarettes, consumers are seeking alternative options.
Moreover, a shift in consumer preferences toward smoke-free and less harmful alternatives, coupled with aggressive marketing strategies by nicotine pouch brands, have contributed to their increasing popularity.
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Target buyers of China nicotine pouches market databook
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Our clientele includes a mix of nicotine pouches market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China nicotine pouches market , including forecasts for subscribers. This country databook contains high-level insights into China nicotine pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China nicotine pouches market size, by product, 2018-2030 (US$M)
China Nicotine Pouches Market Outlook Share, 2023 & 2030 (US$M)
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