Food & Beverages

Cigarettes in India

  • CAN314884
  • 64 Pages
  • July 2015
  • Food & Beverages
Summary
The Indian cigarette market is extremely price sensitive and consequently future market development will depend heavily on the prevailing tax regime and any further changes to this as well as the general economic climate. As levels of disposable income rise, longer term, consumers may be able to trade up along the well-established ladder of tobacco products, according to affordability, with cigarettes remaining the ultimate aspiration of many smokers.

Key Findings
- Domestic production dominates the market as imported cigarettes remain beyond the purchasing power of the vast majority of potential consumers. Overall production is estimated to have declined by 2.0% in 2013/14.

- Four local producers dominate the cigarette market, accounting for a combined share of around 98% of the duty paid market. ITC is by far the leading supplier holding a volume share of 75.7% in 2013-14 and is even more dominant in value terms.

- Legitimate duty paid market volume is forecast to fall over the next tax year but recover from 2017 onwards - a drop of 3.1% against 2013/14 levels.

Synopsis
Cigarettes in India, is an analytical report by Canadean which provides extensive and highly detailed current and future market trends in the Indian 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 recent developments of the manufacturers, leading brands along with company profiles

- Regulations, taxation, retail pricing, smoking habit and the growing health concerns affecting overall production

- Prospects and forecasts of overall sales and consumption for 2014 to 2023.

ReasonsToBuy
- 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 shifting market dynamics is key 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
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