This Key Note Market Report on cigarettes and tobacco covers the market for cigarettes, hand-rolling tobacco (HRT), cigars and pipe tobacco.
April 14, 2007 (Press Release) --
Cigarettes & Tobacco - Market Report
This Key Note Market Report on cigarettes and tobacco covers the market for cigarettes, hand-rolling tobacco (HRT), cigars and pipe tobacco. In 2003, the total UK cigarettes and tobacco market was worth £15.27bn at retail selling prices (rsp), a rise of 2.3% on 2002. Cigarettes dominate sales and, in 2003, accounted for 90.2% of the total market.
According to National Statistics' Consumer Trends, cigarettes continue to account for a significant proportion of consumer expenditure on tobacco. UK consumers spend more on tobacco than they do on alcoholic beverages (expenditure on which amounted to £12bn in 2003), health (£11.6bn) or education (£9.3bn). However, the popularity of smoking is in long-term decline and this trend seems set to continue. In 2002, just 26% of the adult population were smokers, compared with 45% in the mid-1970s.
The main factors driving the long-term decline include: concerns relating to the impact of smoking on health, the growing view that smoking is an anti-social habit, increasing restrictions governing where people can smoke and how companies can market their products, and the rising cost of legally bought tobacco. Consumers are increasingly turning to economy brands and smuggled tobacco - contraband products and those legally bought abroad account for 31% of sales - in response to taxation increases. In addition, this has a negative impact on the overall size of the market in value terms.
The cigarettes and tobacco industry is highly concentrated, with just two companies - Gallaher Group PLC and Imperial Tobacco Group PLC - accounting for around 80% of sales by value. One other major firm, British American Tobacco PLC (BAT), manufactures cigarettes in the UK, but sells almost all of them abroad. Although all of these companies are based in the UK, they are, in effect, international companies that sell their brands globally. Indeed, they are increasingly focusing activities on developing countries, which tend to have less stringent health and advertising regulations, and where the potential for brand development remains significant.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=9968
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You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
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Cigarettes & Tobacco - Market Report
This Key Note Market Report on cigarettes and tobacco covers the market for cigarettes, hand-rolling tobacco (HRT), cigars and pipe tobacco. In 2003, the total UK cigarettes and tobacco market was worth £15.27bn at retail selling prices (rsp), a rise of 2.3% on 2002. Cigarettes dominate sales and, in 2003, accounted for 90.2% of the total market.
According to National Statistics' Consumer Trends, cigarettes continue to account for a significant proportion of consumer expenditure on tobacco. UK consumers spend more on tobacco than they do on alcoholic beverages (expenditure on which amounted to £12bn in 2003), health (£11.6bn) or education (£9.3bn). However, the popularity of smoking is in long-term decline and this trend seems set to continue. In 2002, just 26% of the adult population were smokers, compared with 45% in the mid-1970s.
The main factors driving the long-term decline include: concerns relating to the impact of smoking on health, the growing view that smoking is an anti-social habit, increasing restrictions governing where people can smoke and how companies can market their products, and the rising cost of legally bought tobacco. Consumers are increasingly turning to economy brands and smuggled tobacco - contraband products and those legally bought abroad account for 31% of sales - in response to taxation increases. In addition, this has a negative impact on the overall size of the market in value terms.
The cigarettes and tobacco industry is highly concentrated, with just two companies - Gallaher Group PLC and Imperial Tobacco Group PLC - accounting for around 80% of sales by value. One other major firm, British American Tobacco PLC (BAT), manufactures cigarettes in the UK, but sells almost all of them abroad. Although all of these companies are based in the UK, they are, in effect, international companies that sell their brands globally. Indeed, they are increasingly focusing activities on developing countries, which tend to have less stringent health and advertising regulations, and where the potential for brand development remains significant.
For more information, Please visit : http://www.bharatbook.com/detail.asp?id=9968
or email us at : info@bharatbook.com
You can also call us at +91-(022)-2757 8668 or +91-(022)-2757 9131
For searching our huge collection of reports, Please visit :
http://www.bharatbook.com/general/customresearch.asp
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