Summary
The China National Tobacco
Corporation (CNTC) is the largest cigarette producer in the world, with domestic
and export sales totaling 2,589.08 billion pieces in 2015, approximately two
and a half times that of the world's leading multinational tobacco companies,
Philip Morris International and British American Tobacco. Chinese factories operating under CNTC
control produced 2,589.07 billion cigarettes in 2014.
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Key Findings
·
The CNTC
currently holds 45.2% of the global cigarette market and has its headquarters
in Beijing, with 510,000 employees.
·
The CNTC
is still heavily dependent on its home market, deriving 98.7% of its overall
sales volume from domestic sales, which peaked in 2014 and declined by 0.8% to
2,555.36 billion pieces in 2015
·
Outside
of China, the CNTC and its subsidiaries have a growing number of ventures,
although these are relatively small scale compared with its domestic market.
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Synopsis
Tobacco Company Profile - The
China National Tobacco Corporation (CNTC) is an analytical company report that
provides extensive and highly detailed current and future market trends in the
cigarette market. It covers market size and structure along with per capita and
overall consumption. Additionally, it focuses on brand data, retail pricing,
prospects, and forecasts for sales and consumption.
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.
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