Boston, MA -- (SBWIRE) -- 06/04/2014 -- NRT smoking cessation aids recorded 2% current value growth in 2013 to Wob11 billion. The smoking rate in South Korea was 18.87% among those over 15 years old in 2013, which is a decline on the 2009 figure of 21.58%. The growth of NRT smoking cessation aids became positive in 2007, and the smoking rate consequently decreased from 2009. The continually positive growth rates of NRT smoking cessation aids will continue to affect the smoking rate going forward.

Competitive Landscape

Johnson & Johnson Korea Co Ltd led with a 55% value share in 2013. The company dominated NRT gum with a 96% share. Nicorette ranked third with a 23% value share in NRT patches, which helped the company to maintain its lead in NRT smoking cessation aids.

Industry Prospects

NRT smoking cessation aids is expected to increase marginally by a CAGR of 1% in constant value terms over the forecast period. In 2014, the smoking rate is predicted to decline slightly to 18.84%. The continually positive growth rate of NRT smoking cessation aids have affected the smoking rate over the review period, and will continue to do so over the forecast period.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the NRT Smoking Cessation Aids industry in South Korea with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the NRT Smoking Cessation Aids industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The NRT Smoking Cessation Aids in South Korea 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 South Korea?
- What are the major brands in South Korea?
- How have tobacco bans affected the sales of NRT Smoking Cessation Aids?

Reasons to Get This Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: NRT Gum, NRT Inhalators, NRT Lozenges, NRT Patches, Other NRT.

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