Health Awareness Posing a Threat to Tobacco Market in Canada: Ken Research
Ken Research has announced its
distribution on, “Smoking
Tobacco in Canada,
2016” which provides
extensive and highly detailed current and future market trends in the Canada
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
readers can get a detailed understanding of consumption to
further align their sales and marketing efforts with the latest trends in the
market and also identify the areas of growth and opportunities, which are expected
to aid effective marketing planning.
The market was
headed by top three suppliers: Rothmans, Benson and Hedges (RBH), a subsidiary
of PMI; Imperial Tobacco Canada, a BAT subsidiary; and JTI-Macdonald, a
subsidiary of JTI. Since 2003
consumption of tobacco in the country had fallen away dramatically.
Production of fine
cut tobacco descended throughout major part of the review period due to the
rise in excise duty for tobacco 'sticks' especially in 2008. As a result of low
production, the consumption of smoking tobacco too fell down to 29g per person,
marginal by international standards.
The major reasons that have caused the downfall in official
sales of tobacco are as follows:
Tax increases
Growing illicit
consumption
Risen competition
from value cigarettes
Smoking in Canada is strictly
prohibited in indoor public spaces and
workplaces (including restaurants, bars, and casinos), by all territories and
provinces, and by the federal government. As of
2010, legislation banning smoking within each of these jurisdictions was seen
to be mostly consistent, despite the separate development of legislation by
each jurisdiction.
Fine cut tobacco
volumes are further forecasted to persist being affected by ever growing
restrictions on smoking and price differentials in respect of cigarettes in the
coming years.
Companies
Covered
RBH, Imperial Tobacco Canada,
JTI-Macdonald, PMI, BAT, Scandinavian Tobacco Group, JTI
Key Factors Considered in the Report
Canada Tobacco Market Research
Smokeless Tobacco Market Canada
Canada Tobacco Market Future
Canada Tobacco Industry research
Canada Government Regulations on
Tobacco Industry
Canada Tobacco Consumption
Tobacco Market Import Canada
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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