Tobacco Insights: June 2017

2017-06-27
Price :
Published : Jun-2017
No. of Pages : 61

Tobacco Insights: June 2017

Summary

“Tobacco Insights: June 2017”, is a monthly report by GlobalData that provides extensive and highly detailed information on the changing production and consumption patterns affected by the recent developments related to new laws and regulations globally. This publication tracks market, company and product news from the Tobacco Industry in May 2017.

What does this report offer?
– Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise in the industry in order to offer data about the trends and dynamics affecting the Tobacco industry.
– Recent activities of the manufacturers operating in the industry.
– Detailed company profiles, highlighting key focus product sectors with the key features & developments, segmentation, per capita trends and the brands.

Scope

– Chemists at the Johannes Gutenberg University (JGU) in Mainz, Germany say they have discovered a way to reduce the toxicity of cigarette smoke.Oxygen free radicals have been credited as one of the toxic elements of cigarette smoke, and their research suggests that the introduction of copper hydroxide to cigarette filters in order to eliminate these free radicals
– ITC has recorded a decline in cigarette volumes in recent years due to the increase in excise duty on cigarettes as well as the effect of larger warning signs on tobacco packaging. It is also now entering the e-cigarette market with a vaping device sold under the Eon brand name
– JTI is planning on spending US$500 million to quadruple its production capacity of its smokeless-tobacco devices to compete against its rival, Philip Morris in Japan. iQOS is proving to be a popular product since e-liquid containing nicotine is banned in the country, and this is an important business driver for JTI since their domestic cigarette sales volume is expected to decline by 9.6% this year
– Malawi’s Mzuzu Auction Floors have opened with the highest price paid for flue-cured tobacco reaching US$4.35 per kg and that for Burley reaching US$2.20 per kg.

Reasons to buy

– Evaluate important changes in consumer behavior to identify profitable markets and areas for product innovation.
– Analyze the current and forecast market position of the brands to identify the best opportunities to exploit.
– A summary of the latest news in the Tobacco industry, providing a single-source solution to understand how the industry is changing, and what this means for brands and companies.

Filed in: Consumer Goods
Publisher : GlobalData
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