China is the world's largest producer and consumer of cigarettes with over 302 million adults smoking in China, as of 2014. China's large population, domestic tobacco cultivation, and state-run China National Tobacco Corporation (CNTC) mean that smoking prevalence is high in the country. This is being fuelled by growing disposable incomes among Chinese consumers, enabling more consumers to purchase cigarettes regularly. The government has also limited the ability of foreign tobacco companies to operate independent or Chinese-foreign owned factories, which limits the ability of multinationals to compete with the CNTC effectively, as such foreign brands only account for 1% of the whole market as of 2015.
-Domestic Chinese consumption stood at 2,573.7 billion pieces in 2015, a 58.6% rise on 1990 levels
-Per capita consumption stands at 1,882 pieces a year, as of 2015
-Imports are minimal with domestic brands representing 99% of the local market
-The adult smoking rate is over 302 million people, as of 2015
Cigarettes in China is an analytical report by Canadean that provides extensive and highly detailed current and future market trends in the Chinese market.
What else does this report offer?
-Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise
-Detailed information such as market shares and the recent developments of manufacturers and leading brands, along with company profiles
-Regulations, taxation, retail pricing, smoking habits, and the growing health concerns affecting overall production
-Prospects and forecasts of overall sales and consumption for 2015 to 2025
-Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market
-Identify the areas of growth and opportunities, which will aid effective marketing planning
-As consumers' product demands evolve, the dynamics between different countries also change - favoring some countries and leaving others increasingly out of line with demand patterns. As a result, understanding the specific dynamics of the Chinese market is crucial to ensuring maximum future sales
-The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes - prime intelligence for marketers
-Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future