New Consumer Goods research report from ERC is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 09/24/2014 -- World Cigarettes Italy focuses on the extent to which the market has evolved during the last twelve years in line with changing smoking habits in Italy, the competitive environment and economic developments. The end result is an accurate and objective interpretation of market trends (since 1990) and directions, assessing underlying currents of change and projecting the market scenarios of the future, providing forecasts to 2022.
Duty paid cigarette consumption has fallen by over 20% since 1990 with forecasts for 2013 suggesting a market of 71.8 billion pieces. A further 7 billion pieces are contributed by hand rolled cigarettes while illicit trade contributed 10.3 billion pieces, bringing total cigarette consumption up to 89.1 billion pieces.
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The market for duty paid manufactured cigarettes is expected to experience a minor recovery in 2014/15 and then stabilise before recommencing its decline to 2022 as the threat of ryo/myo, contraband and a fall in the number of smokers persist.
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