Latin America Roll-your-own Tobacco Product Market Size & Outlook
Latin America roll-your-own tobacco product market, 2018-2030 (US$M)
Related Markets
Latin America roll-your-own tobacco product market highlights
- The Latin America roll-your-own tobacco product market generated a revenue of USD 1,256.7 million in 2023.
- The market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, ryo tobacco was the largest revenue generating product in 2023.
- Filter & Paper Tip is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,256.7 million |
| Market revenue in 2030 | USD 1,605.2 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Ryo tobacco |
| Fastest growing segment | Filter & Paper Tip |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RYO Tobacco, Rolling Paper & Cigarette Tubes, Injector, Filter & Paper Tip |
| Key market players worldwide | Imperial Brands PLC, British American Tobacco PLC, Scandinavian Tobacco Group A/S, Altria Group Inc, Philip Morris International Inc, Japan Tobacco Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.9% of the global roll-your-own tobacco product market in 2023.
- Globally, Europe 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 5,419.9 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
Roll-Your-Own Tobacco Product Market Scope
Roll-Your-Own Tobacco Product Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America roll-your-own tobacco product 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 roll-your-own tobacco product market will help companies and investors design strategic landscapes.
Ryo tobacco was the largest segment with a revenue share of 44.31% in 2023. Horizon Databook has segmented the Latin America roll-your-own tobacco product market based on ryo tobacco, rolling paper & cigarette tubes, injector, filter & paper tip covering the revenue growth of each sub-segment from 2018 to 2030.
Burley, Virginia, and Kentucky tobaccos are some of the most commonly used variants to create a blend for fine-cut tobacco. The demand for fine-cut tobacco has been growing across Central America, Brazil, and Argentina.
Tobacco consumption patterns vary throughout the region, with the highest prevalence rates among adolescents aged 13–15 found in the countries of the Southern Cone such as Chile with 38.7%, and the lowest rates found in English-speaking Caribbean countries such as Antigua and Barbuda with 13.5%.
Reasons to subscribe to Latin America roll-your-own tobacco product market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America roll-your-own tobacco product market databook
-
Our clientele includes a mix of roll-your-own tobacco product market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the Latin America roll-your-own tobacco product market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America roll-your-own tobacco product market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America roll-your-own tobacco product market size, by country, 2018-2030 (US$M)
Latin America Roll-Your-Own Tobacco Product Market Outlook Share, 2023 & 2030 (US$M)
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
