The United States tobacco market was valued at approximately USD90 billion in 2020 and is projected to rise at a CAGR of over 4.47% in the coming years. The market is expected to reach around USD116 billion by the end of 2026. The United States tobacco industry includes corporations that grow, sell, and distribute tobacco and related products throughout the states. The consumer taste and preferences are mostly covered by the variety of products offered by the tobacco companies at several price points.

It has been noted that the number of smokers is steadily increasing. The introduction of new lucrative items, such as flavored tobacco products like clove cigarettes and menthol cigars, is fueling this trend, and over the next few years, these factors are projected to drive the market. Furthermore, since customers have become more open to smoking alternatives in recent years, the introduction of innovative tobacco products in a variety of flavors has become critical. As a result, tobacco manufacturers have started concentrating on premium goods made with flue-cured tobacco and fine whole leaf.

The United States Tobacco market is categorized on the basis of product, distribution channel, region, top 10 leading states and company. In terms of distribution channels, it is further categorized into tobacco shops, convenience stores, supermarkets and hypermarkets, online stores, and others. Among them, tobacco shops are expected to account for the majority of the tobacco market in the United States by 2026. On the other hand, the online channels segment is predicted to flourish throughout the projection period since it is more convenient and provides a wider selection of products to customers in a shorter amount of time.

In terms of region, the United States Tobacco market is categorized into South, West, Mid-West, and North-East. Within the United States, the South region captures the largest market share with its states like West Virginia, Kentucky, Louisiana. West Virginia has the highest percentage of tobacco consumption, with a rate of 26%. According to an analysis by the American Lung Association, those who live in rural areas are more likely to smoke cigarettes than people in urban areas; however, people who live in urban areas smoke more than 15 cigarettes each day. In the United States, more than ten states, including West Virginia, contain large rural areas.

In the year 2018, following China, India, and Brazil, the United States is the world's fourth-largest tobacco producer. In 2018, tobacco farmers in the United States harvested more than 533 million pounds of tobacco. North Carolina and Kentucky accounted for more than 70% of total tobacco production in 2018. The country is expected to maintain its dominance in the supply chain of tobacco in the forecast year, considering factors such as rising demand and changing consumption patterns among the younger generations.

Recently, the tobacco market has become an attractive destination for investment. Hence, several large multinational companies are entering this market. Some of the major companies operating in the United States tobacco market include Philip Morris USA, Inc. (Altria Group, Inc.), Reynolds American Inc., ITG Brands, LLC, Liggett Vector Brands LLC, Swedish Match USA, Inc, Scandinavian Tobacco Group US Holding, Inc, UNIVERSAL CORPORATION, TURNING POINT BRANDS, INC., Brown & Williamson Tobacco Corporation and Mafco Consolidated Group Inc. The United States tobacco market is a highly oligopolistic market, with more than 50% of the market being captured by leading players.


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Years considered for this report:

·         Historical Years: 2016-2019

·         Base Year: 2020

·         Estimated Year: 2021

·         Forecast Period: 2022-2026

Objective of the Study:                                

  • To analyze the historical growth in the market size of United States tobacco market from 2016 to 2020.
  • To estimate and forecast the market size of United States tobacco market from 2021 to 2026 and growth rate until 2026.
  • To classify and forecast United States tobacco market based on product, distribution channel, region, top 10 leading states, and company.
  • To identify dominant region or state in the United States tobacco market.
  • To identify drivers and challenges for United States tobacco market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States tobacco market.
  • To identify and analyze the profile of leading players operating in United States tobacco market.
  • To identify key sustainable strategies adopted by market players in United States tobacco market.

Attribute

Details

Market Size Value in FY2020

USD90 Billion

Revenue Forecast in FY2026

USD116 Billion

Growth Rate

4.47%

Base Year

2020

Historical Years

2016 –2020

Estimated Year

2021

Forecast Period

2022 –2026

Quantitative Units

Revenue in USD Billion, and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

  • Product
  • Distribution Channel
  • Region
  • Top 10 Leading States
  • Company

Regions Scope

South, West, Mid-West, and North-East

Key Companies Profiled

Philip Morris USA, Inc. (Altria Group, Inc.), Reynolds American Inc., ITG Brands, LLC, Liggett Vector Brands LLC, Swedish Match USA, Inc, Scandinavian Tobacco Group US Holding, Inc, UNIVERSAL CORPORATION, TURNING POINT BRANDS, INC., Brown & Williamson Tobacco Corporation, Mafco Consolidated Group Inc., etc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore Purchase Options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the country.

TechSci Research calculated the market size of the United States tobacco market using a bottom-up approach, wherein data for the various segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these segments for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Manufacturers, and distributors
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policymakers.
  • Organizations, forums, and alliances related to tobacco market. 

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. 

Report Scope:

In this report, United States tobacco market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         United States Tobacco Market, By Product:

o   Cigarettes

o   Cigar

o   Smoking Tobacco

o   Smokeless Tobacco

·         United States Tobacco Market, By Distribution Channel:

    • Tobacco Shops
    • Convenience Stores
    • Supermarket and Hypermarkets 
    • Online Stores 
    • Others

·         United States Tobacco Market, By Region:

    • South
    • West
    • Mid-West
    • North-East

·         United States Tobacco Market, By Top 10 Leading States:

    • California
    • Texas
    • Florida
    • New York
    • Ohio
    • Pennsylvania
    • Illinois
    • North Carolina
    • Michigan
    • Georgia 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States tobacco market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on United States Tobacco Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decisions

5.2.  Brand Awareness

5.3.  Challenges Faced by Customer

5.4.  Preferred Distribution Channel

6.    United States Tobacco Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product (Cigarettes, Cigar, Smoking Tobacco, and Smokeless Tobacco)

6.2.2.     By Distribution Channel (Tobacco Shops, Convenience Stores, Supermarket and Hypermarkets, Online Stores, Others (Departmental Stores, Counter shops etc.))

6.2.3.     By Region (South, West, Mid-West, North-East)

6.3.  Market Map

7.    United States Cigarettes Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Distribution Channel

8.    United States Cigar Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Distribution Channel

9.    United States Smoking Tobacco Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Distribution Channel

10.  United States Smokeless Tobacco Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Distribution Channel

11.  Market Dynamics

11.1.Drivers

11.2. Challenges

12.  Market Trends and Developments

13.  Competitive Landscape

13.1.  Philip Morris USA, Inc. (Altria Group, Inc.)

13.2.  Reynolds American Inc.

13.3.  ITG Brands, LLC

13.4.  Liggett Vector Brands LLC

13.5.  Swedish Match USA, Inc

13.6.  Scandinavian Tobacco Group US Holding, Inc

13.7.  UNIVERSAL CORPORATION

13.8.  TURNING POINT BRANDS, INC.

13.9.  Brown & Williamson Tobacco Corporation

13.10.  Mafco Consolidated Group Inc

13.11.  J.C. Newman Cigar Company

13.12.  Dosal Tobacco Corporation

13.13.  Tobacco Rag Processors, Inc.

13.14.  Space Jam Juice LLC

13.15.  Schweitzer-Mauduit International, Inc.

14.  Strategic Recommendations

15.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
  • Figure 1:     United States Tobacco Market Size, By Value (USD Billion), 2016-2026F

    Figure 2:      United States Tobacco Market Share, By Product, By Value, 2016-2026F

    Figure 3:      United States Tobacco Market Share, By Distribution Channel, By Value, 2016-2026F

    Figure 4:      United States Tobacco Market Share, By Region, By Value, 2020 & 2026F

    Figure 5:      United States Tobacco Market Share, By Top 10 Leading States, By Value, 2020 & 2026F

    Figure 6:      United States Tobacco Market Share, By Company, 2020

    Figure 7:      United States Tobacco Market Map, By Product, Market Size (USD Billion) & Growth Rate (%), 2020

    Figure 8:      United States Tobacco Market Map, By Distribution Channel, Market Size (USD Billion) & Growth Rate (%), 2020

    Figure 9:      United States Tobacco Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2020

    Figure 10:    United States Tobacco Market Map, By Top 10 Leading States, Market Size (USD Billion) & Growth Rate (%), 2020

    Figure 11:    United States Cigarettes Market Size, By Value (USD Billion), 2016-2026F

    Figure 12:    United States Cigarettes Market Share, By Distribution Channel, By Value, 2016-2026F

    Figure 13:    United States Cigar Market Size, By Value (USD Billion), 2016-2026F

    Figure 14:    United States Cigar Market Share, By Type, By Value, 2016-2026F

    Figure 15:    United States Cigar Market Share, By Distribution Channel, By Value, 2016-2026F

    Figure 16:    United States Smoking Tobacco Market Size, By Value (USD Billion), 2016-2026F

    Figure 17:    United States Smoking Tobacco Market Share, By Distribution Channel, By Value, 2016-2026F

    Figure 18:    United States Smokeless Tobacco Market Size, By Value (USD Billion), 2016-2026F

    Figure 19:    United States Smokeless Tobacco Market Share, By Distribution Channel, By Value, 2016-2026F