Cigarettes in Panama, 2017

2017-07-11
Price :
Published : Jul-2017
No. of Pages : 36

Cigarettes in Panama, 2017

Summary

“Cigarettes in Panama, 2017″, is an analytical report by Globaldata that provides extensive and highly detailed current and future market trends in the market. The report offers 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.

Panama is one of the smaller cigarette markets in Central America aside from the passing trade that is conducted in the free zones along the Panama Canal. Legitimate domestic sales have recently been in a sharp decline due to the 2008 public smoking ban and the coinciding movement of the economy into a recession. Consumers switched to contraband because of the hike in Selective Consumption Tax (ISC) in July 2010.

Scope

- Legitimate domestic sales have recently been in sharp decline in 2016, 58.7% down on 1990 levels, as a result of a surge in non-duty paid sales.
- Production ceased in 1998 and the market is completel reliant on imports to meet cigaretteres demands.
- There are two major multinational cigarette companies supplying Panama’s domestic market: BAT Sucursal Panama (formerly Tabacalera Istmêna), a subsidiary of British American Tobacco which detains 53.2% share in 2016 and Tabacalera Nacional SA, an affiliate of Philip Morris International, with 45.8% of share in 2016.

Reasons to buy

- 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.
- 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.

Filed in: Consumer Goods
Publisher : GlobalData
More Reports
Title Price Buy Now

Cigarettes in Latvia, 2017

Cigarettes in Latvia, 2017 Summary "Cigarettes in Latvia, 2017", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Latvian market. The report analyzes the market size and structure, on both an overall and and per capita basis, based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Key companies and consumer trends are also analyzed. Latvia is one of the three Baltic States and, like its two neighbors, joined the EU in 2004 and adopted the euro in 2014. As a result, cigarette taxes and prices are much higher in Latvia than other eastern European countries, like Belarus and Russia, as the country is forced to meet EU requirements and minimum pricing rules. ......
$975

Cigarettes in Zambia, 2017

Cigarettes in Zambia, 2017 Summary "Cigarettes in Zambia, 2017", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Zambian market. The report analyzes the market size and structure, on both an overall and and per capita basis, based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Key companies and consumer trends are also analyzed. The Zambian cigarette market is intimately linked to the performance of the overall economy and as a result goes through regular peaks and troughs that follow the cyclical nature of the commodities-based Zambian economy. Cigarette consumption increased steadily throughout the 2000's but has seen substantial contractions in rec......
$975

Cigarettes in Laos, 2017

Cigarettes in Laos, 2017 Summary "Cigarettes in Laos, 2017", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Laotian market. The report analyzes the market size and structure, on both an overall and and per capita basis, based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Key companies and consumer trends are also analyzed. Laos is a small, agrarian south-east Asian country with a population of only seven million. Agriculture accounts for almost half of the economy but the nation has experienced high and stable economic growth in recent years as the country continues to modernize and industrialize. However, the cigarette market in the country has see......
$975

The UK Health & Beauty Market 2017-2022

The UK Health & Beauty Market 2017-2022 Summary United Kingdom Health & Beauty market is forecast to grow by 21.1% over the next five years, in part driven by inflation which is set to reach 2.1% in 2017 - the highest level since 2000. While some shoppers will rein in self treating and gifting purchases, the essential nature of the sector protects spend from being diverted elsewhere. Meanwhile, growing consumer interest in health and wellness is supporting wants-driven purchases despite squeezed disposable incomes. Skincare is forecast to be the fastest growing subsector out to 2022, rising 27.9%, with much of this due to product innovation in both the mass and premium markets. We expect skin preparation products such as masks, serums and primers to outperform. Health & beauty ......
$5759

FMCG Industry Business Confidence Report H2 2017

FMCG Industry Business Confidence Report H2 2017 Summary GlobalData's "FMCG Industry Business Confidence Report H2 2017", examines executives' opinion about the business environment during H2 2017. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities, including comparison for H1 2017 wherever applicable. Additionally, the report provides information categorized by region. The existing economic environment is stable for the FMCG industry, and customer confidence levels will remain constant during next six months. FMCG companies are positive about economic conditions in the Asia-Pacific region due to a growing population, rapid urbanization, and increase in household income......
$1950

Country Profile: Make-Up Sector in South Korea

Country Profile: Make-Up Sector in South Korea Summary South Korean Make-Up sector accounted for a volume share of 1.65% of the global market and 8.9% of the regional (Asia-Pacific) market, in 2016. The sector is expected to grow at a CAGR of 4.6% during 2016-2021. Rising spending power among women, driven by increasing participation in work force, and men embracing Make-Up products is driving the sector in South Korea. Per capita consumption stood at 1.81 units compared to the global and Asia-Pacific levels of 1.08 units and 0.31 units, respectively, in 2016. Face Make-Up was the largest with value sales of ?978,574.9 Million (US$843.6 Million) in 2016. However, Eye Make-Up is expected to grow the fastest at a CAGR of 6.3% compared to Face Make-Up, Nail Make-Up, and Lip Make-Up ......
$875

Country Profile: Make-Up Sector in Italy

Country Profile: Make-Up Sector in Italy Summary Italian Make-Up sector accounted for a volume share of 1.5% of the global market and 9% of the regional (Western Europe) market, in 2016. The sector is expected to grow at a CAGR of 2.9% during 2016-2021. A Large base of middle aged women population, with their desire to enhance their looks is the key driver for the growth of make-up sector in the country. Per capita consumption stood at 1.4 units compared to the global and Western Europe levels of 1.1 units and 2.3 units, respectively, in 2016. Face Make-Up was the largest with value sales of €416.9 Million (US$460.9 Million) in 2016. However, Lip Make-Up is expected to grow the fastest at a CAGR of 5.2% compared to Eye Make-Up (1.1%), Face Make-Up (3.9%), and Nail Make-Up. Hyp......
$875

Country Profile: Make-Up Sector in Mexico

Country Profile: Make-Up Sector in Mexico Summary Mexican Make-Up sector accounted for a volume share of 2.37% of the global market and 16.59% of the regional (Latin America) market, in 2016. The sector is expected to grow at a CAGR of 4.7% during 2016-2021. Increasing women in workforce leading to higher purchasing power is the key factor that is driving the growth of the Mexican Make-Up sector. Per capita consumption stood at 1.08 units compared to the global and Latin America levels of 1.08 units and 1.59 units, respectively, in 2016. Lip Make-Up was the largest market with value sales of Mex$5,512.4 Million (US$295.3 Million) in 2016. However, Nail Make-Up is expected to grow the fastest at a CAGR of 6% compared to Eye Make-Up, Lip Make-Up, and Face Make-Up (4%). Hypermarke......
$875

Country Profile: Make-Up Sector in China

Country Profile: Make-Up Sector in China Summary Chinese Make-Up sector accounted for a volume share of 3.3% of the global market and 17.8% of the regional (Asia-Pacific) market, in 2016. The sector is expected to grow at a CAGR of 7.2% during 2016-2021. Increasing disposable income of consumers and a large base of young population who are influenced by westernization is driving the sector. Per capita consumption stood at 0.13 units compared to the global and Asia-Pacific levels of 1.08 units and 0.31 units, respectively, in 2016. Face Make-Up was the largest with value sales of C¥11,039.3 Million (US$1,676.6 Million) in 2016 in 2016. However, Eye Make-Up Nail Make-Up is expected to grow the fastest at a CAGR of 8.34% compared to Face Make-Up (8.31%), Lip Make-Up, and Nail Make-U......
$875

Country Profile: Make-Up Sector in India

Country Profile: Make-Up Sector in India Summary Indian Make-Up sector accounted for a volume share of 3.1% of the global market and 16.9% of the regional (Asia-Pacific) market, in 2016. The sector is expected to grow at a CAGR of 17.9% during 2016-2021. Indian consumers are increasingly opting for premium make-up products supported by growing economy of the country. Moreover, introduction of innovative products with additional benefits is also driving growth of the sector. Per capita consumption stood at 0.14 units compared to the global and Asia-Pacific levels of 1.08 units and 0.31 units, respectively, in 2016. Lip Make-Up was the largest with value sales of INR24,335.1 Million (US$362.1 Million) in 2016. However, Nail Make-Up is expected to register the fastest growth at a CAG......
$875