Cigarettes in Trinidad & Tobago
Trinidad & Tobago is a comparatively small and declining cigarette market with estimated sales of 1.22 billion pieces in 2014. There is only one cigarette manufacturer operating in Trinidad: the West Indian Tobacco Co (WITCO), a 50.1% owned subsidiary of BAT. It is the dominant supplier with 95% of market volume.
The importance of WITCO means the market is dominated by domestically manufactured cigarettes and import penetration is low
The market comprises a mix of national and international brands. They are mostly of Virginia, rather than American blend, the latter being confined to the premium segment and recording only a small volume
In June 2009 it was reported that Trinidad & Tobago has the fourth highest rate of smoking amongst 13-15 year olds in the region.
“Cigarettes in Trinidad & Tobago”, is an analytical report by Canadean that provides extensive and highly detailed current and future market trends in the Trinidad & Tobago market.
What else does this report offer?
Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis and our in-house expertise
Detailed information such as market shares and recent developments of the manufacturers, leading brands along with company profiles
Regulations, taxation, retail pricing, smoking habit and the growing health concerns affecting overall production
Prospects and forecasts of overall sales and consumption for 2014 to 2024
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
As consumers’ product demands evolve, the dynamics between different countries also change – favoring some countries and leaving others increasingly out of line with demand patterns. As a result, understanding the specific market dynamics of the Trinidad & Tobago market is crucial to ensuring maximum future sales
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
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook