Manufacturer activity: leading cigarette manufacturers
Article Abstract:
Europe's highly-concentrated tobacco industry is focused on cigarette sales that has over 90% share of the market, posing as a substantial battleground for all tobacco sales and for owners of major brands. Majority of countries in the western part of the region either house a large international player or a single state monopoly which owns and distributes brands, both domestic and imported. Meanwhile, nations in Eastern Europe is seeing privatization prompting tobacco producers to be sold to one of several international firms, sometimes replacing a state monopoly with a commercial one. However, Russia remains an exception with plants being privatized piece-meal that results to a fragmented market.
Comment:
Europe: Highly-concentrated tobacco industry is focused on cigarette sales that has over 90% share of the market
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
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Market background: incomes & spending levels
Article Abstract:
Europe's tobacco spending is expected to benefit from the positive general outlook of the incomes and consumer spending in the region. Tobacco is considered a discretionary procurement where increasing incomes tend to substantially affect the levels of spending. Tobacco markets see the substitution of domestic brands and oriental-style products utilizing locally grown tobacco as income grows by Virginia cigarettes under international and American brands. International manufacturers are not affected the trends, with the underlying declines in total volumes in many markets are immaterial.
Comment:
Europe: Tobacco spending is expected to benefit from positive general outlook of the incomes and consumer spending in the region
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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