The total market for tobacco products in Canada comprises of four main sectors: manufactured cigarettes, cigars/cigarillos, smoking tobacco and smokeless tobacco. Each sector has suffered a decline over the period under review, particularly in the last few years, with both federal and provincial governments influencing market trends with taxation policies that remain complex and applied at different levels according to province despite some degree of increasing standardization.
-There has been a steady decline in smoking tobacco sales in recent years, more than 80% below 1990 levels with further forecasts expected for 2015. Manufactured cigarettes are also declining at a similar rate as overall smoking prevalence decreases across Canada
-Since 2003 consumption has fallen away quite dramatically. Tax rises, growing illicit consumption and increased competition from value cigarettes are the main factors behind a collapse in official sales
-Within the overall market for smoking tobacco, FCT has clear dominance. This has largely remained unchanged over the review period, although it did reach a record high of over 98% in 2014, with a further increase forecast for 2015
Smoking Tobacco in the Canada, is an analytical report by Canadean which provides extensive and highly detailed current and future market trends in the Canadian 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 2024
-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 market dynamics of the Canadian marker 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