Asia Pacific Snus Market Size & Outlook, 2023-2030
Asia Pacific snus market, 2018-2030 (US$M)
Related Markets
Asia Pacific snus market highlights
- The Asia Pacific snus market generated a revenue of USD 280.3 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, portion was the largest revenue generating product in 2023.
- Portion is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Bangladesh is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 280.3 million |
| Market revenue in 2030 | USD 440.1 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Portion |
| Fastest growing segment | Portion |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Loose, Portion |
| Key market players worldwide | Altria Group Inc, Swedish Match, British American Tobacco, GN Tobacco, snuscentral, Skruf Snus |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 9.3% of the global snus market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 121.4 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
Snus Market Scope
Snus Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific snus 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 snus market will help companies and investors design strategic landscapes.
Portion was the largest segment with a revenue share of 82.59% in 2023. Horizon Databook has segmented the Asia Pacific snus market based on loose, portion covering the revenue growth of each sub-segment from 2018 to 2030.
The growing awareness of snus as a smokeless tobacco option is contributing to its market expansion in Asia Pacific. With increased access to information through the internet and other media channels, consumers are becoming more knowledgeable about different tobacco products and their potential health effects.
As a result, many are turning to snus as a perceived safer alternative, particularly those looking to quit smoking. Another factor driving the snus market in the region is the changing regulatory landscape surrounding tobacco products.
In some countries within the Asia Pacific region, there has been a tightening of regulations on traditional tobacco products like cigarettes, including higher taxes, stricter advertising bans, and public smoking restrictions.
Reasons to subscribe to Asia Pacific snus 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 Asia Pacific snus market databook
-
Our clientele includes a mix of snus 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 Asia Pacific snus market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific snus market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific snus market size, by country, 2018-2030 (US$M)
Asia Pacific Snus 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
