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It is projected to reach $94.7 billion by 2034, registering a CAGR of 3.7% over the forecast period from 2026 to 2034, driven by sustained demand from emerging economies, premiumization in cigars, and growth in smokeless tobacco product categories.

The potential risk of vaping to prime the lung for SARS-CoV-2 is speculative, given that vaping prevalence in COVID-19 patients has not been reported

Korea Tobacco & Ginseng Corporation (KT&G) Valuation of exports 15 billion US dollars Export Brands Esse This Africa Bohem Cigar Mojito Timeless Arirang 9

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