Global Tobacco Market Share, Size, Trends and Forecast 2017-2022
The global tobacco market witnessed a steady growth in recent years. The major factors driving the growth of the market are the introduction of new product range, huge investments in the R&D, lack of government regulations, etc. To get more information about the market, please visit @ http://www.imarcgroup.com/tobacco-processing-plant Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: http://www.imarcgroup.com Follow us on twitter : @imarcglobal
The global tobacco market witnessed a steady growth in recent years. The major factors driving the growth of the market are the introduction of new product range, huge investments in the R&D, lack of government regulations, etc.
To get more information about the market, please visit @ http://www.imarcgroup.com/tobacco-processing-plant
Contact Us
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
Follow us on twitter : @imarcglobal
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Report Description <strong>and</strong> Highlights<br />
Report Description<br />
<strong>Global</strong> <strong>Tobacco</strong> <strong>Market</strong> Catalysed by Huge Investments in R&D <strong>and</strong> Weak Government<br />
Regulations<br />
The global tobacco market witnessed a steady growth in recent years. The major factors<br />
driving the growth of the market are the introduction of new product range, huge<br />
investments in the R&D, lack of government regulations, etc.<br />
The latest report by IMARC Group titled, “<strong>Tobacco</strong> <strong>Market</strong>: <strong>Global</strong> Industry <strong>Trends</strong>, <strong>Share</strong>, <strong>Size</strong>,<br />
Growth, Opportunity <strong>and</strong> <strong>Forecast</strong> <strong>2017</strong>-<strong>2022</strong>”, finds that the global tobacco market reached a<br />
volume of 7 Million Tons in 2016, growing at a CAGR of nearly 2% during 2009-2016. The market<br />
for tobacco is rising as a result of the introduction of different types of tobacco products such as<br />
cigarettes, kreteks, snuff, hookah, etc. Moreover, in order to tap in a wider consumer-base <strong>and</strong><br />
increase their profits, the companies are focusing on increasing their investments in the area of<br />
research <strong>and</strong> development. This could help in manufacturing products with lower levels of<br />
toxicants by identifying the harmful toxic constituents of tobacco <strong>and</strong> underst<strong>and</strong>ing smoking<br />
behaviour. Apart from this, the absence of rigorous law <strong>and</strong> government regulations regarding the<br />
sale of these products also help in encouraging the growth of the market.<br />
Request Sample of the Report: http://www.imarcgroup.com/request?type=report&id=589&flag=B
Change language