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Tobacco Product Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tobacco Product Manufacturing Market Research Report | SIC C12.000 | Apr 2016

Burned out: The industry is reduced to ashes as major players offshore production

The Tobacco Product Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Gallaher Limited Gallaher Limited market share
Industry Statistics & Market Size
Revenue
£3bn
Annual Growth 12-17
-23.3%
Annual Growth 17-22
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Profit
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Employment
736
Businesses
4
Industry Analysis & Industry Trends

The Tobacco Product Manufacturing industry is in a state of rapid decline. Rising health awareness, advertising restrictions, black market trade and increasing taxes have created a challenging environment for the few remaining producers in the United Kingdom. As a result, one of the last two producers of manufactured cigarettes in the United Kingdom will have ceased its production by May 2016. This is the main driver behind the rapid depletion of industry revenue during the current year. From May 2016 onwards, Gallaher Limited will be the last remaining major player in the industry. However, Gallaher has already entered its consolidation phase as it plans to shift production abroad to a more hospitable regulatory environment... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld estimates that the industry is in the decline stage of its life cycle. IBISWorld expects industry value added to decline at a compound annual rate of 49.7% over the 10 years through 2021-22, compared with growth of 2.3% in the wider economy. As a result, the industry will account for a miniscule share of the overall UK economy, indicating that the industry is in the decline stage of its life cycle. The excessively high rate of contraction is a result of the two large cigarette manufacturers ceasing their UK operations during the period in order to move production to Eastern Europe. The departure of these companies will have a detrimental effect on the industry over the next few years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tobacco Product Manufacturing Industry?

This industry includes companies that manufacture cigarettes, fine-cut tobacco, cigars, pipe tobacco and snuff. The industry also includes firms that stem and re-dry tobacco leaf.

Industry Products
CigarettesLoose tobaccoCigars and pipe tobacco
 
Industry Activities
CigaretteFine-cut tobaccoCigarPipe tobaccoChewing tobaccoTobacco leaf stemming and re-drying


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