Smoked out: Rising health concerns and advertising bans continue to affect revenue
IBISWorld’s Tobacconists market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.
Market Share of Companies
Industry Statistics & Market Size
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Revenue
£916m
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Annual Growth 07-12
-5.6%
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Annual Growth 12-17
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Profit
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Employment
5,901
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Businesses
2,520
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Industry Analysis & Industry Trends
Adverse trading conditions have plagued UK tobacconists over the last five years given the negative effect of strong anti-smoking sentiment, increasing legislation banning tobacco advertising as well as smoking in enclosed public spaces such as popular social venues such as pubs, clubs and restaurants. Rising public awareness driven by intense anti-smoking campaigns by government and industry groups has caused smoking rates to fall and in turn sales to plummet for tobacco retailers. These conditions have been exacerbated by the negative effect of the global economic downturn on consumer spending... purchase to read more
Industry Report - Industry Investment Chapter
The industry is relatively labour intensive. IBISWorld estimates the labour-to-capital ratio is 11.8:1, meaning that for every pound invested on plant and equipment, about £11.80 is spent on labour. Businesses in the industry tend to rent rather than own the store premises so capital expenditure costs are very low. Wages are also relatively low for a retail industry – estimated at 5.6% of industry revenue in 2011-12 – due to the fact that many businesses are owner operated and don't employ full time staff... purchase to read more
What is the Tobacconists Industry?
This industry includes the retail sale of tobacco and tobacco products in specialised stores. It also includes the sale of smoking accessories such as pipes, lighters, cigarette papers, cigar cases and other related smoking paraphernalia.
Industry Products
CigarettesTobacco and snuffCigars, pipes and pipe accessoriesSmoker's accessoriesGentleman's gifts
Industry Activities
Retail sale of cigarettesRetail sale of cigarsRetail sale of loose tobaccoRetail sale of pipesRetail sale of lighters, papers, and smokers accessories Retail sale of humidors and equipment
About this Industry
Industry Definition
Main Activities
Similar Industries
Additional Resources
Industry at a Glance
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
Jargon & Glossary