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Cigarette & Tobacco Manufacturing in the US - Industry Market Research Report

Cigarette & Tobacco Manufacturing in the US

The Cigarette and Tobacco Manufacturing industry has persevered over the five years to 2018, despite challenging operating conditions and intense scrutiny from both the government and the public. During the period, federal excise taxes on cigarettes rose and individual states increased their own taxes on tobacco several times. Meanwhile, cigarette consumption continued to steadily decline, further reducing demand for the industry's largest and most profitable product segment. However, industry revenue is anticipated to increase during the current period due to sustained demand for noncigarette products mitigating the declining sales of traditional cigarettes. Over the five years to 2023, the industry revenue is expected to decrease as a result of rising public scrutiny, an increasingly stringent regulatory environment and class action suits against major tobacco manufactuerers.

Operators in this industry manufacture cigarettes, cigars, loose pipe tobacco, smokeless (i.e. chewing) tobacco and e-cigarettes. Tobacco manufacturers acquire raw materials from tobacco growers, paper and fiber manufacturers, tobacco stemmers and tobacco redryers and process these into ready-to-use products sold to wholesalers and retailers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Percentage of smokers
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Industry trade balance
    • Table Exports To
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players
    • Table Altria Group Inc. (US industry-specific segment) - financial performance*
    • Table Reynolds American Inc. (US industry-specific segment) - financial performance*
    • Table Imperial Brands PLC (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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