Cigarettes in the US, 2017
"Cigarettes in the US, 2017", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the American market. The report analyzes the market size and structure, on both an overall and and per capita basis, based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise. Key companies and consumer trends are also analyzed.
The US is one of the worlds largest and most profitable cigarette markets despite being in long-term decline. Official per capita consumption rates have fallen from 2,090 pieces/year in 1990 to 796 pieces/year in 2016, almost 62% below 1990 levels. Despite the market being in decline it is still very lucrative because of the country's large, and wealthy, population. The current outlook for the US cigarette market is that consumption is likely to continue to decline due to anti-smoking regulations and high prices.
- Cigarette consumption declined to only 258 billion pieces in 2016 from 521 billion in 1990.
- Per capita consumption stood at 796 pieces per year, as of 2016.
- The market has become more premium in recent years with premium brands accounting for three quarters of the market, as of 2016.
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 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.