Sweden Tobacco Market Outlook (2018 to 2032)

Year Value
2018 27.83
2019 28.07
2020 28.32
2021 29.07
2022 29.47
2023 30.66
2024 31.57
2025 31.91
2026 33.7
2027 35.59
2028 37.58
2029 39.68
2030 41.9
2031 44.25
2032 46.72
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Sweden Tobacco Market Outlook (2018 to 2032)

Synopsis
The above chart is Sweden Tobacco Market Outlook (2018 to 2032)

Market Dynamics

Sweden has long had a strong stance on health promotion and tobacco control. this is partly due to the country's medical products agency, which is responsible for monitoring the sale of products such as tobacco.the swedish tobacco market is expected to be hit hard over the next few decades. the government has implemented laws that have drastically reduced the number of people smoking and this is likely to continue. the 2018 global adult tobacco survey, conducted in sweden, estimated that only 7% of adults smoked daily compared to 14% in 2010. this trend is likely to continue as increased taxes on cigarettes and other tobacco products make them less affordable. in addition, tobacco control strategies such as public smoking bans, advertisement and marketing restrictions, and health warning labels on cigarette packaging are expected to further reduce smoking rates. these anti-tobacco strategies have been implemented in accordance with the framework convention on tobacco control, of which sweden is a signatory. this convention aims to encourage countries to reduce demand for tobacco products and reduce the global burden of tobacco-related diseases and deaths.overall, the outlook for the swedish tobacco market is not favorable. the government's strong stance on controlling tobacco use and improving public health, along with the already low smoking rates in the country, are all likely to result in a further decrease in tobacco demand in the coming years. as a result, the tobacco industry in sweden is likely to suffer substantially. this will likely put a strain on the industry and its related jobs and businesses.

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