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The table below indicates the additional amount of impairment that would be required if the following individual changes were made to key assumptions within the value-in-use model
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The regions strong consumption base, particularly in countries such as Germany, France, Italy, and Eastern Europe, continues to sustain demand despite tightening health regulations and anti-smoking campaigns Africa is the fastest growing country with a CAGR of 4.72% in the global tobacco product market during the forecast period, driven by rising population growth, increasing urbanization, expanding youth consumer base, and growing affordability of tobacco products supported by low regulatory restrictions and aggressive marketing strategies The Cigarettes segment dominated the global tobacco market with 80.68% market share in 2024, owing to their affordability, widespread availability, and strong cultural acceptance compared to other tobacco categories such as cigars, smokeless tobacco, and next-generation alternatives Report Scope and Tobacco Products Market Segmentation Tobacco Products Market Trends Increasing Demand for Tobacco Products in Retail and Distribution Channels The rapid growth of organized retail, e-commerce platforms, and convenience stores is driving strong demand for tobacco products by improving accessibility, visibility, and consumer reach Modern retail formats and duty-free outlets are expanding the availability of both traditional and reduced-risk tobacco products, catering to diverse consumer preferences across price points and product categories In addition, the adoption of innovative vending solutions, IoT-enabled inventory tracking, and digital distribution strategies is creating opportunities for tobacco companies to streamline supply chains, enhance traceability, and strengthen brand loyalty For instance, in April 2025, a leading tobacco company partnered with global retail chains to roll out next-generation heated tobacco products and e-cigarettes, leveraging digital platforms and retail networks to enhance consumer engagement and boost sales efficiency worldwide The growing expansion of organized retail, e-commerce platforms, and innovative distribution channels is significantly boosting the accessibility and visibility of tobacco products worldwide
