Tobacco Testing Market - Forecast(2023 - 2028)

Report Code: FBR 0450 Report Format: PDF + Excel
Tobacco Testing Market Overview
The changing consumer preferences and stricter business regulations are providing a new range of business opportunities for the tobacco testing market. The EU’s Tobacco Products Directive (TPD2), and the U.S. Food and Drug Administration impose certain regulations with regards to the production of tobacco and other related products. This has forced the leading tobacco manufacturers to shut down their manufacturing units in developed markets. These manufacturing companies are now focusing on increasing their market share in developing countries.  The global Tobacco Testing Market is estimated to grow at a CAGR of 4.51% during the forecast period 2018–2023. Asia-Pacific is forecast to be the fastest growing market with a CAGR of 6.03%, which can be mainly attributed to the increase in manufacturing units in this region. 

Tobacco Testing Market Outlook
The changing business environment in the tobacco market has provided both challenges and opportunities to the suppliers of laboratory testing equipment. Adapting to customers’ evolving needs and developing the fragmented tobacco market are some of the challenges faced by the tobacco testing market. The determination of the nicotine level is of particular importance to the tobacco industry and in the area of toxicology. Gas chromatography, high pressure liquid chromatography, and gas chromatography–mass spectrometry are some of the analytical methods that are used to determine the nicotine or toxicity level in tobacco products. Most of the testing equipment in the tobacco market so far have been designed to meet the requirements of uniform products such as conventional cigarettes. 

The strict regulations imposed by the government bodies have also opened up opportunities for the tobacco testing market. As a result, tobacco manufacturers are seeking testing services from reputed and accredited laboratories. With the tobacco market being more fragmented and complex, manufactures are seeking for equipment with more precision, flexibility, greater automation, and the ability to measure on various parameters, thus providing consistent results. The recent developments in testing equipment and services reflect the suppliers’ efforts to serve the evolving market. For example, Essentra Scientific Services has greatly increased its capacity for e-cigarettes testing even before the introduction of TPD2. The suppliers of the tobacco testing market have also designed equipment to face the challenges related to Industry 4.0.   

Tobacco Testing Market Growth Drivers 
The growing health awareness among people and technological developments aiding safer smoking are driving the growth of the tobacco testing market. Tobacco manufacturers are focusing on tapping a wider consumer base and increasing their profits by investing in R&D. Moreover, manufacturers are also heavily investing in testing services and manufacturing products that are less harmful and toxic. These are some of the growth drivers of the market.  

Tobacco Testing Market Challenges 
Adapting to customers’ evolving needs and developing the fragmented tobacco market are some of the challenges faced by the tobacco testing market. The suppliers should design equipment and testing services that are capable of overcoming challenges related to Industry 4.0.
Tobacco Testing Market Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of equipment that will be used for testing tobacco. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of testing equipment, and their specific applications in different types of testing.

Tobacco Testing Market Report: Industry Coverage

Types of Equipment: Smoking Machine, Desktop Instrument, Tabletop Instrument, and Others

By Service: Spectrometric Method, Gas Chromatographic Method, NDIR Method, and Others

By End User: Tobacco Manufactures, Third Party Testers.

The tobacco testing market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia
1. Tobacco Testing Market - Overview
1.1. Definitions and Scope
2. Tobacco Testing Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Tobacco Testing Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Tobacco Testing Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Tobacco Testing Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Tobacco Testing Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Tobacco Testing Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Tobacco Testing Market – By Equipment (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Smoking Machine Linear Smoking Machine Rotary Smoking Machine
8.3.2. Desktop Instrument
8.3.3. Tabletop Instrument Tobacco Moisture Meter Others 
8.3.4. Others  
9. Tobacco Testing Market – By Service (Market Size -$Million / $Billion)
9.1. Introduction
9.2. Spectrometric Method
9.3. Gas Chromatographic Method 
9.4. NDIR Method 
9.5. Others 
10. Tobacco Testing – By End User (Market Size -$Million / $Billion)
10.1. Segment type Size and Market Share Analysis 
10.2. Application Revenue and Trends by type of Application
10.3. Application Segment Analysis by Type
10.3.1. Tobacco Manufacturers
10.3.2. Third Party Tester 
11. Tobacco Testing - By Geography (Market Size -$Million / $Billion)
11.1. Tobacco Testing Market - North America Segment Research
11.2. North America Market Research (Million / $Billion)
11.2.1. Segment type Size and Market Size Analysis 
11.2.2. Revenue and Trends
11.2.3. Application Revenue and Trends by type of Application
11.2.4. Company Revenue and Product Analysis
11.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
11.3. Tobacco Testing - South America Segment Research
11.4. South America Market Research (Market Size -$Million / $Billion)
11.4.1. Segment type Size and Market Size Analysis 
11.4.2. Revenue and Trends
11.4.3. Application Revenue and Trends by type of Application
11.4.4. Company Revenue and Product Analysis
11.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
11.5. Tobacco Testing - Europe Segment Research
11.6. Europe Market Research (Market Size -$Million / $Billion)
11.6.1. Segment type Size and Market Size Analysis 
11.6.2. Revenue and Trends
11.6.3. Application Revenue and Trends by type of Application
11.6.4. Company Revenue and Product Analysis
11.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
11.7. Tobacco Testing – APAC Segment Research
11.8. APAC Market Research (Market Size -$Million / $Billion)
11.8.1. Segment type Size and Market Size Analysis 
11.8.2. Revenue and Trends
11.8.3. Application Revenue and Trends by type of Application
11.8.4. Company Revenue and Product Analysis
11.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia
12. Tobacco Testing Market - Entropy
12.1. New product launches
12.2. M&A's, collaborations, JVs and partnerships
13. Tobacco Testing Market – Industry / Segment Competition landscape Premium
13.1. Market Share Analysis
13.1.1. Market Share by Country- Top companies
13.1.2. Market Share by Region- Top 10 companies
13.1.3. Market Share by type of Application – Top 10 companies
13.1.4. Market Share by type of Product / Product category- Top 10 companies
13.1.5. Market Share at global level- Top 10 companies
13.1.6. Best Practises for companies
14. Tobacco Testing Market – Key Company List by Country Premium
15. Tobacco Testing Market Company Analysis
15.1. Market Share, Company Revenue, Products, M&A, Developments
15.2. Company 1
15.3. Company 2
15.4. Company 3
15.5. Company 4
15.6. Company 5
15.7. Company 6
15.8. Company 7
15.9. Company 8
15.10. Company 9
15.11. Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
16. Tobacco Testing Market -Appendix
16.1. Abbreviations
16.2. Sources
17. Tobacco Testing Market -Methodology Premium
17.1. Research Methodology
17.1.1. Company Expert Interviews
17.1.2. Industry Databases
17.1.3. Associations
17.1.4. Company News
17.1.5. Company Annual Reports
17.1.6. Application Trends
17.1.7. New Products and Product database
17.1.8. Company Transcripts
17.1.9. R&D Trends
17.1.10. Key Opinion Leaders Interviews
17.1.11. Supply and Demand Trends