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In 2016, retail volume sales of cigarettes, the main Tobacco category in China, dropped by 6%, which was a stronger decline than the 2% fall seen in 2015. The decline was due to anti-smoking regulations and continuous efforts in terms of health campaigns. Furthermore, to maintain their profits manufacturers raised the retail unit price of cigarettes after the tax on wholesale tobacco was raised from 5% to 11% in 2015 by China’s Ministry of Finance. Price inflation directly impacted retail volume sales. In addition, increasing numbers of urban consumers gravitated towards vapour products, which have not yet been prohibited by a strict smoking ban., www.marketreportsonchina.com
Tobacco in China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2012-2016, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be the new legislative, distribution or pricing issues. Forecasts to 2021 illustrate how the market is set to change.
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Product coverage: Cigarettes, Cigars, Cigarillos and Smoking Tobacco, Smokeless Tobacco and Vapour Products. Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data. Why buy this report? * Get a detailed picture of the Tobacco market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop. www.marketreportsonchina.com
Executive Summary Cigarettes Sees A Strong Volume Decline Small Cigars Captures Share in Cigars A Challenging Forecast Period Awaits Operating Environment Legislation Legislation Summary at a Glance Smoking Prevalence Tar Levels Health Warnings www.marketreportsonchina.com
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