Market Size of Egypt Tobacco Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.16 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Egypt Tobacco Market Analysis
The Egyptian Tobacco Market was valued at USD 7,608 million for the current year and is projected to grow at a CAGR of 7.16% over the next five years.
Changing lifestyles, continuous product innovation in terms of flavor, size, ingredients, nicotine level, and consumers' belief that smoking reduces stress and anxiety are some of the major factors propelling the market's growth. Additionally, factors, such as consumer knowledge and an increase in awareness of products and services, through social media, like Facebook and other sources, coupled with the advent of digital media, are educating consumers about the benefits of low tar, low nicotine, organic, and smokeless products. This, in turn, drives the demand for e-cigarettes and other advanced tobacco products.
Nevertheless, the traditional usage of tobacco, like cigarettes, cigars, and others, and increasing penetration of organized retail outlets are opening space for new products in tobacco product types. In the country, the consumption of cigarettes by 15-year-olds or older is increasing steadily, which aids in the growth of tobacco product sales. According to the World Bank, in 2021, smoking prevalence refers to the percentage of men and women ages 15 and older who smoke a tobacco product every day or every other day, around 24.30%. Furthermore, over the past few years, there has been rising awareness regarding health hazards associated with tobacco usage, which makes the market more dynamic for product innovation.
Egypt Tobacco Industry Segmentation
As far as tobacco products are concerned, they are anything that contains tobacco, such as cigarettes, cigars, pipes, snuff, chewing tobacco, smokeless tobacco, or any other substance containing tobacco. The Egyptian tobacco market is segmented by product type, end-user, and distribution channel. Based on product type, the market is segmented into Cigarettes, Cigar, Cigarillos, and Cigar Pipes, E-Cigarette/HTPs. Based on end users the market is segmented into male and female. Based on distribution channels, the market is segmented into supermarkets/hypermarkets, convenience/small grocery stores, specialty/tobacco stores, and other distribution channels. The market sizing has been done in value terms in USD for all the abovementioned segments.
| Product Type | |
| Cigarettes | |
| Cigar, Cigarillos, and Cigar Pipes | |
| E-Cigarette/HTP's |
| End User | |
| Male | |
| Female |
| Distribution Channel | |
| Supermarket/Hypermarket | |
| Convenience/Small Grocery Stores | |
| Specialty/Tobacco Stores | |
| Other Distribution Channels |
Egypt Tobacco Market Size Summary
The Egyptian cigarette industry is experiencing notable growth, driven by evolving consumer lifestyles and continuous product innovation. Factors such as the belief that smoking alleviates stress and anxiety, along with advancements in product offerings like e-cigarettes and smokeless tobacco, are contributing to the market's expansion. The increasing awareness of health risks associated with traditional tobacco use is prompting dynamic product innovation, catering to diverse consumer preferences, including those of women and younger demographics. The penetration of organized retail outlets is enhancing consumer access to information and product comparisons, further boosting sales through strategic marketing and promotional offers.
The market is characterized by a competitive landscape with both regional and global players, such as Eastern Company SAE and Philip Morris International Inc., holding significant market shares. The availability of well-established brands across retail channels, coupled with strategic partnerships and licensing agreements, underscores the market's robust nature. Despite the competitive environment, the e-cigarette segment remains less saturated, with imported brands leading the charge. The government's regulatory framework and tax policies continue to play a crucial role in shaping the market dynamics, as tobacco products remain a significant source of revenue.
Egypt Tobacco Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Consumption of Tobacco is Rising as Cigarette Segment is Growing at a Significant Pace
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1.1.2 Strong Penetration of Retail Distribution Network
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1.2 Market Restraints
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1.2.1 Growing Awareness about the Harmful effects of Tobacco Products to Hamper Market Growth
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Cigarettes
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2.1.2 Cigar, Cigarillos, and Cigar Pipes
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2.1.3 E-Cigarette/HTP's
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2.2 End User
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2.2.1 Male
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2.2.2 Female
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2.3 Distribution Channel
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2.3.1 Supermarket/Hypermarket
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2.3.2 Convenience/Small Grocery Stores
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2.3.3 Specialty/Tobacco Stores
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2.3.4 Other Distribution Channels
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Egypt Tobacco Market Size FAQs
What is the current Egypt Tobacco Market size?
The Egypt Tobacco Market is projected to register a CAGR of 7.16% during the forecast period (2024-2029)
Who are the key players in Egypt Tobacco Market?
Eastern Company SAE, Philip Morris International Inc., British American Tobacco PLC, Japan Tobacco International SA and Imperial Brands PLC are the major companies operating in the Egypt Tobacco Market.
