Cigars and Cigarillos in Italy, 2019

2019-03-14
Price :
Published : Mar-2019
No. of Pages : 168

Cigars and Cigarillos in Italy, 2019

Summary

“Cigars and Cigarillos in Italy, 2019”, is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Italian tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2028.

The Italian tobacco product market is large, at 74,000 tons in 2018, and is dominated by sales of manufactured cigarettes. The volume sales of manufactured cigarettes reached 67,900 tons in 2018, equivalent to 91.8% of the total market.

The Italian market for cigars and cigarillos is one of the most buoyant in Europe. It has been recently stimulated by demand for value cigarillos as well as the impact of the TPD2 regulations since 2017.

Scope

– Historically, the market has been dominated by cigars. These accounted for 61% of sales in 1990 but a reduced 20.2% in 2018.
– The tax system within Italy applies an ad valorem rate of 23% and VAT, which is currently equivalent to 18%.
– Based on the latest available figures, GlobalData estimates the total regular smoking population at 11.1 million adults aged 18 and over in 2017.
– At a global level, the World Health Organisation Framework Convention on Tobacco Control (“WHO FCTC”) came into force in February 2005.

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
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