Lewes, DE -- (SBWIRE) -- 08/27/2014 -- Despite a market of around 113.8 billion cigarettes, per capita consumption in India is low at 90 pieces. It is limited by the widespread use of bidis and other tobacco products with cigarettes accounting for only 15% of overall tobacco product consumption.
The market is dominated by four large manufacturers, two of which are associates of BAT (ITC and VST) with second-ranking GPI being an affiliate of PMI. The fourth ranking manufacturer is 100% locally owned: Golden Tobacco Group. Together, these four account for 98% of the market.
Spanning over 66 pages, “World Cigarettes India” report covering the Overview, Market Size, Market Structure, Manufacturers and Brands, Taxation and Retail Prices, Imports, Exports, Company Profiles. The report covered companies are - ITC Ltd, Godfrey Phillips India Ltd, VST Industries Ltd, Golden Tobacco Ltd.
Know more about this report: http://www.marketresearchreports.com/erc/world-cigarettes-india
1st – World Cigarettes Hong Kong:
Less than 11% of Hong Kong adults smoke regularly: one of the lowest levels in the world. In per capita terms, the average was down to 436 pieces in the year to March 2013: only a third of 1990 levels.
In contrast to China, this is a market dominated by the multinationals, led by PMI with 58% and followed by BAT 22% and JTI 14%. Marlboro leads, followed by Hilton (BAT) and Salem (JTI).
Increasing restrictions, higher taxation and declining smoking prevalence suggest the market will continue its long term decline with consumption in the duty paid market expected to decline by 20% from current levels by 2022 to 2.5 billion pieces. Visit at: http://www.marketresearchreports.com/erc/world-cigarettes-hong-kong
2nd - World Cigarettes Sri Lanka:
After seeing strong growth in 2010 and 2011 the cigarette market was badly hit by tax hikes in 2012 which reduced sales by 4.9% with a further fall of 8.2% forecast for 2013. The profile of the non-duty paid market has reduced substantially since the late 1900s/early 2000s but is now increasing again as cigarette prices rise.
The market has attracted few competitors, being dominated by BAT subsidiary, Ceylon Tobacco, with a share in excess of 98%. Its John Player Gold Leaf brand has a share of 80% in 2012, up from 77% in 2008. Visit at: http://www.marketresearchreports.com/erc/world-cigarettes-sri-lanka
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