Cigarettes in Venezuela
The Venezuelan cigarette market has performed poorly since the 1990s because of the country’s volatile economy, linked to international oil prices, widespread poverty, and high levels of contraband cigarettes. Additionally, Venezuela has some of the most stringent anti-tobacco laws in Latin America with provisions against advertising, public smoking, and sponsorship. The market is dominated by two major brands, Cigarrera Bigott Sucs, a BAT subsidiary, and CA Tabacalera Nacional (Catana), an associate of PMI, and some local brands.
Due to Venezuela’s economic problems and contraband, the legitimate cigarette market contracted 27.5% in 2011
CA Cigarrera Bigott Sucs (Bigott) and CA Tabacalera Nacional (Catana) are the most important companies in the market with 93% of all legitimate volume sales in 2012
The smoking population has contracted considerably with 27.4% of the population smoking, as of 2012, compared to 40.5% in 1990
Most cigarettes consumed in Venezuela are produced domestically, but this has been falling dramatically in recent years due to wider economic problems. In 2012, only eight billion cigarettes were produced compared to over 23 billion in 1990
“Cigarettes in Venezuela” is an analytical report by Canadean that provides extensive and highly detailed current and future market trends in the Venezuelan 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 the recent developments of manufacturers and leading brands, along with company profiles
Regulations, taxation, retail pricing, smoking habits, and the growing health concerns affecting overall production
Prospects and forecasts of overall sales and consumption for 2015 to 2025
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 dynamics of the Venezuelan 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
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