Indonesia Nicotine Pouches Market Size & Outlook
Indonesia nicotine pouches market, 2018-2030 (US$M)
Related Markets
Indonesia nicotine pouches market highlights
- The Indonesia nicotine pouches market generated a revenue of USD 0.4 million in 2023 and is expected to reach USD 5.1 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 43.3% from 2024 to 2030.
- In terms of segment, tobacco derived was the largest revenue generating product in 2023.
- Tobacco derived 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 0.4 million |
| Market revenue in 2030 | USD 5.1 million |
| Growth rate | 43.3% (CAGR from 2023 to 2030) |
| Largest segment | Tobacco derived |
| Fastest growing segment | Tobacco derived |
| 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
- 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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Indonesia 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 100% in 2023. Horizon Databook has segmented the Indonesia nicotine pouches market based on tobacco derived, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
Governments in countries like Indonesia highly support the emergence of tobacco industries as they provide employment to the people in the country and thus do not impose strict laws and taxation against tobacco products.
For instance, according to an article published on Tobacco Free Kids, on August 5, 2020, excise taxes on tobacco in Indonesia were well below the numbers recommended by the World Health Organization (WHO).
Such factors are likely to flourish the market growth in the future. Governments in countries like Indonesia highly support the emergence of tobacco industries as they provide employment to the people in the country and thus do not impose strict laws and taxation against tobacco products.
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Our clientele includes a mix of nicotine pouches market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia nicotine pouches market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia nicotine pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia nicotine pouches market size, by product, 2018-2030 (US$M)
Indonesia Nicotine Pouches Market Outlook Share, 2023 & 2030 (US$M)
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