Reduced-Risk Products (“RRPs”) is used to refer to products that present, are likely to present, or have the potential to present less risk of harm to smokers who switch to these products versus continued smoking.
This report contains market size and forecasts of Reduced-Risk Products（RRPs） in global, including the following market information:
Global Reduced-Risk Products（RRPs） Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Reduced-Risk Products（RRPs） Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Reduced-Risk Products（RRPs） companies in 2021 (%)
The global Reduced-Risk Products（RRPs） market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vapour Products Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Reduced-Risk Products（RRPs） include Philip Morris International, British American Tobacco, Japan Tobacco, KT&G, Imperial Brands, Altria Group, Gudang Garam, ITC and Swedish Match, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Reduced-Risk Products（RRPs） manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Reduced-Risk Products（RRPs） Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Reduced-Risk Products（RRPs） Market Segment Percentages, by Type, 2021 (%)
Vapour Products
Tobacco Heating Products
Modern Oral Products
Others
Global Reduced-Risk Products（RRPs） Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Reduced-Risk Products（RRPs） Market Segment Percentages, by Application, 2021 (%)
Offline
Online
Global Reduced-Risk Products（RRPs） Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Reduced-Risk Products（RRPs） Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Reduced-Risk Products（RRPs） revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Reduced-Risk Products（RRPs） revenues share in global market, 2021 (%)
Key companies Reduced-Risk Products（RRPs） sales in global market, 2017-2022 (Estimated), (Units)
Key companies Reduced-Risk Products（RRPs） sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Philip Morris International
British American Tobacco
Japan Tobacco
KT&G
Imperial Brands
Altria Group
Gudang Garam
ITC
Swedish Match
Universal Corporation
RLX Technology