New Healthcare market report from Euromonitor International: "NRT Smoking Cessation Aids in Norway"
Boston, MA -- (SBWIRE) -- 06/24/2014 -- The long-term trend in Norway is the increasing regulations on tobacco, which in many cases has influenced NRT smoking cessation aids. However, one has to keep in mind that in difference to many other countries, except for Sweden in Europe, Swedish-style snus is highly popular in Norway. Since the ban of public smoking that was introduced in 2004, snus has grown by 117% in volume terms up to 2013, while NRT smoking cessation aids grew by 80% in volume terms in the same period. So there is the effect of people choosing both NRT products to quit smoking or choose the replacement product snus in this case. The 2013 data showed a decline in growth for NRT products of 1%, while snus grew by 5%
The only two major companies present in NRT smoking cessation aids is Johnson & Johnson Consumer Nordic and Novartis Norge with 53% and 47% value share respectively. The company Farmagon held only marginal value share, so one might easily call this category a duopoly. The two corresponding brands Nicorette and Nicotinell have been dominant in this category for a long time and enjoy such a prevailing presence so there is hardly room for other companies.
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The electronic cigarette could possibly be a threat to the dominant position of NRT products. As the nicotine-free version is already established, illegal imports are happening and about one-third of smokers want to try out this product according to a survey carried out by Ipsos, and this product is in direct competition with the various NRT products. For now the nicotine version is illegal, but if the new EU regulations on electronic cigarettes are to be implemented, such products might become available in 2017 and Norway will probably allow it too.
Discover the latest market trends and uncover sources of future market growth for the NRT Smoking Cessation Aids industry in Norway with research from Euromonitor's team of in-country analysts.
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If you're in the NRT Smoking Cessation Aids industry in Norway, our research will save you time and money while empowering you to make informed, profitable decisions.
The NRT Smoking Cessation Aids in Norway market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Production, imports by origin, exports by destination
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of NRT Smoking Cessation Aids in Norway?
- What are the major brands in Norway?
- How have tobacco bans affected the sales of NRT Smoking Cessation Aids?
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