Smoking Tobacco - Bangladesh

  • Bangladesh
  • in Bangladesh, a country known for its rich history and cultural heritage, is also a significant player in the Smoking Tobacco market.
  • As of 2024, the revenue in this segment in Bangladesh amounts to BDT €246.7m.
  • Looking ahead, the market is projected to experience an annual growth rate of 2.95% between 2024 and 2029 (CAGR 2024-2029).
  • When comparing in Bangladesh to other countries on a global scale, it's important to note that in China generates the highest revenue in the Smoking Tobacco market, reaching a staggering BDT €12,400m in 2024.
  • To assess the economic impact of the Smoking Tobacco market, we can consider the revenue per person.
  • In Bangladesh, per person revenues are estimated to be BDT €1.70 in 2024, demonstrating the significant contribution this market segment makes to the country's economy.
  • In terms of volume, it is projected that the Smoking Tobacco market in Bangladesh will reach 3.0bn pieces units by 2029.
  • It is worth noting that a slight decline in volume growth, specifically -1.2%, is expected in 2025.
  • To gauge the individual consumption of smoking tobacco, the average volume per person in the Smoking Tobacco market is anticipated to be 21.2pieces units in 2024.
  • This statistic provides insight into the popularity and prevalence of smoking tobacco among the population of Bangladesh.
  • The demand for smoking tobacco in Bangladesh has been steadily increasing due to cultural traditions and a lack of strict regulations.

Key regions: Germany, United States, China, Worldwide, Russia

 
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Analyst Opinion

Smoking Tobacco (including pipe tobacco but excluding smokeless tobacco) is mostly relevant in markets where taxation differentials induce consumers to substitute ready-made cigarettes with roll-your-own cigarettes. To make overall per-capita consumption more comparable, smoking tobacco is described in terms of grams here, with one gram of tobacco roughly equaling the content of one filter cigarette.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Smoking Tobacco.

Modeling approach:

The segment size is determined through a bottom-up approach. In order to analyze the markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as smoking rates, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing and regression analysis. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

Vue d’ensemble

  • Revenue
  • Volume
  • Price
  • Analyst Opinion
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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