Market revenue in 2023 | USD 3,011.7 million |
Market revenue in 2030 | USD 3,994.2 million |
Growth rate | 4.1% (CAGR from 2023 to 2030) |
Largest segment | Ryo tobacco |
Fastest growing segment | Filter & Paper Tip |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 43.65% in 2023. Horizon Databook has segmented the U.S. 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.
Rising taxes on cigarettes will lead to an increase in price per pack, which is expected to favor revenue growth in the coming years. These market trends are promoting the roll-your-own tobacco products as a cheap alternative to factory made cigarettes across the U.S.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. roll-your-own tobacco product market , including forecasts for subscribers. This country databook contains high-level insights into U.S. roll-your-own tobacco product market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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