Cigarettes in the UK, 2017

Cigarettes in the UK, 2017

Summary

"Cigarettes in the UK, 2017" is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the UK 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.

The UK duty-paid cigarette market is one of the larger markets in the European Union, but it has contracted considerably over the review period, largely because of tax hikes which have driven up UK cigarette prices to the highest in Europe by 2016. Duty paid sales have fallen from 99 billion pieces in 1990 to just 30.3 billion pieces in 2016, with much of the decline due to rising prices, mainly caused by a series of tax increases, coupled with a decline in smoking prevalence plus, more recently, a move to e-cigarettes.

Scope

- The UK market continues to be dominated by two manufacturers: Imperial Tobacco (now part of Imperial Brands) and JTI (UK) formerly Gallaher.

- Rising prices have created a highly price-sensitive environment.

- Duty paid sales volume is forecast to contract to just 19.5 billion pieces by 2025.

- This trend, however, is very much hostage to the parallel development of non-duty paid sales which are expected to begin increasing again as a result of government tax policy.

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.