Roll-Your-Own Tobacco Products Market Size, Share & Trends Analysis Report By Product (RYO Tobacco, Rolling Paper & Cigarette Tubes, Injector, Filter & Paper Tip), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2022 - 2030

Research Methodology

A three-pronged approach was followed for deducing the roll-your-own tobacco products market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for roll-your-own tobacco products market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of roll-your-own tobacco products market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Roll-Your-Own Tobacco Products Market Categorization:

The roll-your-own tobacco products market was categorized into three segments, namely product (RYO Tobacco, Rolling Paper & Cigarette Tubes, Injector, Filter & Paper Tip), distribution channel (Offline, Online), and regions (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa).

Segment Market Methodology:

The roll-your-own tobacco products market was segmented into product, distribution channel, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The roll-your-own tobacco products market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into seven countries, namely, the U.S.; Germany; the UK.; France; China; Australia; and Brazil.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Roll-Your-Own tobacco products market companies & financials:

The roll-your-own tobacco products market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Imperial Brands: The company was established in 1901 and is headquartered in Bristol, U.K. It is focused on driving performance in three key areas-tobacco, next-generation products (NGP), and cost and cash. It sells its brands and products in a diverse spread of international markets which are managed through three distinct divisions-Europe; Americas and Africa; and Asia & Australasia (AAA). The company’s largest share of tobacco investment is allocated to Priority Markets, which include Australia, Germany, the U.K., the U.S., and six other markets. These markets focus on generating quality growth in market share, growth brand volumes, revenue, and profit. The company also focuses on 23 key markets to deliver profitable growth including Algeria, Greece, Ireland, Laos, Morocco, and Taiwan.

• British American Tobacco: The company is engaged in manufacturing a wide range of tobacco, cigarettes, and other nicotine products. British American Tobacco has diversified its business segments into cigarettes and potentially reduced-risk products. It offers products through brand names such as Dunhill, Lucky Strike, Kent, Rothmans, and Pall Mall. The company also sells fine-cut tobacco roll-your-own or make-your-own tobacco. The reduced-risk product segment includes tobacco heating products (THP), vapor products, and tobacco-free nicotine pouches such as moist snuff and snus. Vype is the flagship vapor brand of the company. The company’s Fiedler & Lundgren business sells snus in Norway and Sweden through its Granit and Mocca brands. In addition, as of 2019, the company’s oral product brands-Camel Snus, Grizzly, Velo, and Kodiak-are subjected to FDA regulations.

• Scandinavian Tobacco Group A/S: The company manufactures, markets, and distributes tobacco and related products worldwide. As of December 2019, the company, along with its subsidiaries, had operations in over 100 countries worldwide. Scandinavian Tobacco Group has a significant presence in the Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand, Australia, and Canada. It has 16 sales offices across North America, Europe, New Zealand, and Australia. The company has more than 200 leading brands, including cigar brands (CAO, Partagas (U.S.), Cohiba (U.S.), Macanudo, Café Crème, and La Paz), pipe tobacco brands (Erinmore, Borkum Riff, W.Ø. Larsen, and Captain Black), and popular fine-cut tobacco brands (Bugler, Escort, Bali Shag, Break, and Tiedemanns).

• Altria Group, Inc.: The company that manufactures, markets, and distributes tobacco products such as cigarettes and other tobacco-related products worldwide. The company was founded in 1985 as Philip Morris Companies, Inc. and is headquartered in Richmond, Virginia, U.S. As of December 2018, the company, along with its subsidiaries, employed more than 8,300 people and had operations in over 180 countries worldwide. As of 2019, Altria owned subsidiaries such as Philip Morris USA, U.S. Smokeless Tobacco Co., John Middleton, Nat Sherman, Ste. Michelle Wine Estates, and Philip Morris Capital Corp. U.S. Smokeless Tobacco Co., Inc. offers a wide range of smokeless tobacco products under several brands such as Copenhagen and Shoal. The company operates through three segments-smokable products, smokeless products, and wine. These products are sold under brand names such as Marlboro, Black & Mild, Husky, and Red Seal. Marlboro is the most popular brand in the smokable segment while Copenhagen is the most popular brand in the smokeless segment.

• Curved Papers, Inc.: The company manufactures rolling paper and offers its products to young, old, recreational, medical, and legal smokers. As of 2019, the company sold its products to buyers in the U.S. and Europe. The company offers a range of rolling papers available in different packs, such as Rice, King, and Hemp King, which have dimensions 108 X 3 X 45 cm and weigh up to 0.36kg.

• Karma Filter Tips: The company manufactures and distributes specifically created RYO cigarette filters that offer an enriching smoking experience. The company offers various products such as filter tips, paper bags & stationery, and natural rolling paper. Filters for cigarettes manufactured by the company are hand-made from raw materials such as natural cotton as well as fruit and vegetable pulp, which means that no trees are cut to produce this filter paper and no chemicals are used for the production. Many of these filter tips contain seeds of exotic and edible plants like amaranth, basil, spinach, rosemary, celosia, and wildflowers, which can be planted once the cigarettes are disposed off.

• Shine Brands: U.S. Shine Brands, the parent company of Shine Papers, is the inventor of the world's first 24K gold rolling paper, Pure Leaf Superior Tobacco, and Blaze by Shine. The company offers a wide range of products categorized into gold joints & blunts, pure leaf blunt wraps, and blaze hemp rolling papers. The blaze hemp rolling papers offered by the company are available in king-size, super thin, and hemp blend paper.

• Japan Tobacco International: Japan Tobacco International is a member of the Japan Tobacco Group of Companies and is involved in the manufacturing of tobacco products. It was established in 1999 and is headquartered in Geneva, Switzerland. The company’s product portfolio includes cigarettes, snus, cigars, rolling tobacco, and reduced-risk products. Japan Tobacco International has 9 flagship brands-Winston, Camel, LD, Mevius, Benson & Hedges, Glamour, Sobranie, Silk Cut, and Natural American Spirit. The company’s JTI Sweden and Nordic Snus subsidiaries produce quality snus. The snus factory of the company is located in Vårgårda, Sweden. The company sells its products in over 130 countries and employs around 44,000 people across the globe.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Roll-Your-Own Tobacco Products Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2021, historic information from 2017 to 2020, and forecast from 2022 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Roll-Your-Own Tobacco Products Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.