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Allied Market Research

Cigarettes Filter Market by Product Type (Disposable and Re-usable), Price Point (Premium, Medium, and Economy), Material (Cellulose Acetate, Activated Charcoals, Plastic, and Others), Filter Type (Regular Filters and Speciality Filters), and Distribution Channel (E-commerce, B2B Distribution, B2C Distribution, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

A11790
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Aug 2021 | 147 Views
   
Author(s) : Roshan Deshmukh
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COVID-19

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Cigarettefilters are elements attached to one end of the cigarettes to filter smoke of tobacco,which is inhaled by smokers. Commonly, cigarette filters are made up of plastic cellulose acetate fiber, paper or activated charcoals and help reduce harmfulness of smoke and filters harmful elements such as tar and nicotine while smoking. Cigarette filters are widely used by cigarette industries for manufacturing cigarettes. In last few years, cigarette filter industry is experiencing significant growth, as trend of smoking cigarettes is on a rise among youngsters.Cigarettes filters help to reduce the chance of lung cancer by filtering tobacco smokes.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, LAMEA

Segment Covered

Product Type, Price Point, Material, Filter Type, Distribution Channel, and Region

Companies Covered

Tokyo Pipe Co.,Ltd., Cerdia International GmbH, Yuri Gagarin PLC., Wiss Quality Paper AG,ARD Filters Inc., Hind Filters Limited., Celanese Corporation.

COVID-19 Impact Analysis

  • COVID-19 has devastating effect on the demand and supply in the cigarettes filters industry, as lockdown was imposed by government to control spread of COVID-19 diseases which has led to huge disruption in supply chain. Even after unlock many restraints was imposed on cigarettes shops due to which demand of cigarettes is hampered, which has led adverse effect on cigarettes filters market. 
  • People have become more concerned about health;and therefore there is a huge decline in sale of cigarette, which has resulted in huge downfall in demand for cigarette filters in the cigarettes manufacturing industries.
  • There has been an increase in the demand for cigarettes among people as many are chain smokers and use cigarettes to get relief from stress and anxiety. People were suffering from great losses, which has led to stress, which has in turn increased the sale of cigarettes, and thus fostered the growth of the cigarettes filters market.

Top Impacting Factors

  • Cigarette filters are commonly used to absorb tar, nicotine, and other harmful elements while smoking and help reduce the chance of lung cancer. Some key players are trying to enhance quality of smoke by using doublecigarette filters, which helps in smooth intake of cigarette smoke and enhance smoking experience. These are the key drivers that boost the growth of the Nicotine free cigarettes filters market.
  • Key manufacturers are highly investing on R&D and trying to offer improvised products to compete with rival products in the market. Innovation in cigarette filters led to addition of new flavored cigarette filters such as menthol, clove flavour, chocolate, and others, which boost the demand for such cigarettes, thus boosting the market growth.
  • These days, people who love smoking and also concerned about health factors have started using charging cigarettes. Electric cigarettes or charging cigarettes are Nicotine free cigarettes and run on rechargeable technology.Here single cigarettes can be used for multiple times by simply recharging the same. An electric cigarette comes with plastic filters which smoker has to attach while smoking.These plastic filters are only usable for 3-4 cigarettes after that the smoker has to change the filter. This innovation boosts the growth of the market.

Market Trends

  • Increase in trend of smoking cigarettes

There is an increase in the trend of smoking cigarettes among youngsters. People find smoking cool and believe that smoking helps for refreshing mood and is helpful in depression, anxiety, and reducing stress level. Increase in trends of parties and drinking is also influencing the demand for cigarettes as it increases intoxication level while drinking.These are main factors that boost the growth of the cigarettes filters market.

  • Emergence of bio-degradable cigarettes filters

After smoking cigarettes, butts are thrown into waste, as these cigarette filters are made up of plastic cellulose acetate. This plastic does not degrade easily in the environment which pollutes the environment. These cigarette filters take 18 months to 10 years to decompose. Many companies have taken these as an opportunity and started manufacturing bio-degradable cigarette filters, which is anticipated to boost the market growth.

  • Rise in trend of herbal cigarettes

Herbal cigarettes are also trending into the market, as these cigarettes are 100% tobacco free and nicotine free, and include ingredients such as Indian Blue Water Lily, Chamomile, Licorice, Clove, Pudina, Indian White Water Lily, and some other Herbs, which help quit smoking.This is expected to positively impact the market growth.

Key Segments Covered

Product type

  • Disposable
  • Re-usable

Price Point

  • Premium
  • Medium
  • Economy

Material

  • Cellulose Acetate
  • Activated Charcoals
  • Plastic
  • Other

Filter Type

  • Regular Filters
  • Speciality Filters

Distribution Channel

  • E-Commerce
  • B2B Distribution
  • B2C Distribution
  • Others

               Region-

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia-Pacific

LAMEA

  • Latin America
  • Middle East
  • Africa

Key Benefits of Report-

  • This study presents the analytical depiction of the cigarettes filtersmarket industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the cigarettes filters market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight cigarettes filters market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed cigarettes filters market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Report –

  • Who are the leading market players active in the cigarettes filters market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is acigarettes filters market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the current trends and predicted trends?
 
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