Cigarettes In Russia To Plunge In Future: Ken Research
Ken Research has announced its
distribution on, “Cigarettes
in Russia” which
provides extensive and highly detailed current and future market trends in the
Russian market. The report covers market size and structure along with per
capita and overall consumption and also focuses on brand data, retail pricing,
prospects and forecasts for sales and consumption to 2025.
It
enables the users to get a detailed understanding of consumption for aligning
their sales and marketing efforts with the latest trends in the market and also
identifies the areas of growth and opportunities, which will help in framing an
effective marketing planning.
The
report highlights the fluctuating growth rates in regional product sales that
have led to fundamental shifts in the market and offers a detailed,
authoritative data on the changes that creates prime intelligence for
marketers.
Industry Prepositions
•Incidence
of smoking well developed among both males and females until 2008; and in the
years that proceeded, there had been a decline in male smoking prevalence which
was recorded.
•Currently,
as per the report statistics, 56% of adult males and 20% of adult females are
smokers and domestic market volume had multiplied itself massively since 1990
though the down turn in the Russian economy in 2009 led to a 2.7% decline in
consumption.
The factors that are aggravating the position
of the market are as follows:
•The
operating environment is gradually becoming more difficult
•Restrictions
on promotion and smoking in public places and workplaces are increasing
•Required
reductions in tar and nicotine levels
•A ban
on advertising
Russia
has taken some major steps to make sure its citizens do not become smokers like
The Russian Health Ministry has recently proposed a ban on selling cigarettes
to people born after 2014, Radio Free Europe/Radio Liberty reports, even after
they are 18, which is currently the legal smoking age in the country , though
it would not mean a full prohibition of cigarettes into effect until 2033 but
still a much needed decreased usage.
From
next year a pack of cigarettes would cost Russian smokers as much as USD 3.61 as
the government plans to raise the tax on tobacco and the potential price hike
is going to become the highest for Russian consumers in modern history.
In the
coming years, definitely the cigarette market is forecasted to register very
less growth in the initial years ultimately leading to a downfall of the market
which is anyhow related to the welfare of the economy as a whole ultimately.
Companies Covered
Japan
Tobacco International, JTI, Philip Morris, PMI, British American Tobacco, BAT,
Imperial Tobacco, OJSC Donskoy Tabak,
Key Factors Considered in the Report
Cigarettes
Market Russia
Cigarette
Market Consumption Russia
Global
Cigarette Production Volume
Russia
Cigarette Market Future Outlook
Cigarette
Advertisement Russia
Russia
Tobacco Industry Research
Russia
Cigarette Industry Trends
Russia
Tobacco Export Statistics
Russia
Tobacco Inport Statistics
For
more coverage click on the link below:
Related links:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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