Flavor Capsule Cigarettes Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


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Future Market Insights

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Flavor capsules installed in cigarette channels incorporate a little fluid-filled capsule that adds several attractive flavors to the tobacco smoke. It is considered as an item advancement that enables the smoking populace to upgrade their smoking background at a chosen time with assortments of flavor including menthol. Presenting added substances such as flavoring in tobacco items is leading to boost the market growth. The products are especially speaking to youngsters to smoke as it gives a crisp kick of flavors. Here are some points, which give additional information about the flavor capsule cigarettes and its market presence globally: 

  • The flavor capsule cigarettes market is becoming inferable from expanded utilization capsule of new flavors including organic product flavored cigarettes such as clove-flavored, and others. 
  • Growing advancement and vivacious notices globally is the main consideration, which is benefiting the growth of the global flavor capsule cigarettes market. 
  • Flavored capsule installed in channel enables a person to alter the flavor at any picked time, which is beyond the realm of imagination in ordinary flavored cigarettes. This factor is driving growth sought after for flavor capsule cigarette market. 
  • However, one of the significant limitations for flavor capsule cigarettes market is resistance from wellbeing association and territorial administrative bodies on the utilization of cigarettes as it is unsafe to the human body. 
  • Additionally, the key players are increasingly looking to increase and innovate the production of the flavor capsule cigarettes and likely to drive the growth of the market in the coming years.

Flavor capsules embedded in cigarette filters include a small liquid-filled capsule that flavors the cigarette smoke. It is a product innovation allow the smoking population to enhance the smoking experience at chosen time with varieties of flavor such as menthol. Introducing additives such as flavoring agents in tobacco products increasing the market attractiveness. These products are particularly appealing to young people to smoke cigarettes as it provides a fresh kick of flavors. The market for flavor capsule cigarettes is growing owing to increased consumption of new flavored capsule cigarettes such as fruit flavored cigarettes, clove flavored and others.

Flavor Capsule Cigarettes Market Segmentation:

Flavor capsule cigarettes market is segmented on the basis of flavor, product type, and distribution channels

On the basis of flavor, flavor capsule cigarettes market is segmented into menthol flavored, clove flavored, and fruit flavored. Among all of these, menthol flavored segment accounts for the major share and is expected to register a significant growth during the forecast period. Menthol cigarettes promote tobacco consumption through cigarettes especially in children and adolescents. After the launch of menthol capsule cigarettes in many countries, the overall value is increased rapidly due to high consumer preference.

On the basis of age-group, it is segmented as young, adolescents, adults, and elder population. Among all of these segments, adult segment holds the major share in terms of consumption of flavor capsule cigarettes. Young and adolescents population are the prime target of these products and is expected to register an increase in demand for flavor capsule cigarettes over the forecast period.

On the basis of product type, it is segmented into single capsule and double capsule. Among both, single capsule segment dominate the market and is expected to remain dominant during the forecast period. Double capsule cigarettes contains two flavors such as spearmint and menthol to enhance the smoking experience. Due to this product innovation the sales of flavor capsule cigarettes are increased in past few years.

On the basis of distribution channel, it is segmented into direct and indirect sales. The indirect sales segment is further sub-segmented into wholesaler, trader and retailer. Among the various retail segments, increasing online sales are a major factor driving the market as online medium substantially reduces the distribution and marketing costs of small-scale producers.

Flavor Capsule Cigarettes Market Regional Outlook:

The flavor capsule cigarettes market in North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA is covered in the report.

Among all of these, North America accounts for major revenue share of global market, followed by Europe and is expected to register a moderate growth over the forecast period. Flavor capsule cigarettes market is rapidly increasing in the developing countries such as Korea, China, India and other developing countries in Asia Pacific region due to lack of regulation on sales of cigarettes products.

Flavor Capsule Cigarettes Market Dynamics:

Increasing online promotion and vigorous advertisements is a major factor driving the global flavor capsule cigarettes market. Flavor capsule cigarettes. Flavored capsule embedded in filter allow individual to switch the flavor at any chosen time, which is not possible in normal flavored cigarettes. Thereby, drives an increase in demand for flavor capsule cigarette market. One of the major restraints for flavor capsule cigarettes market is opposition from health organization and regional regulatory bodies on consumption of cigarettes as it is harmful for human body.

Flavor Capsule Cigarettes Market Key Players:

Some of the key players participating the global Flavor Capsule Cigarettes marketinclude R.J. Reynolds Tobacco Company, Philip Morris International Inc., Imperial Brands plc, Korea Tobacco & Ginseng Corporation, and Alfred Dunhill, Ltd.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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