Cigarette & Tobacco Products Wholesaling in the US
The Cigarette and Tobacco Products Wholesaling industry has sustained increased sales over the five years to 2019 despite growing regulatory, economic and operational challenges. Over the past two decades, cigarettes and other tobacco products have experienced intense regulatory scrutiny from both the government and the public. Rising levels of health consciousness has resulted in a shift of consumer attitudes toward tobacco consumption, which has contributed to declining levels of downstream demand. Nonetheless, falling demand for cigarettes during the current period has been more than offset by sustained demand for noncigarette tobacco products such as snuff, cigarillos, e-cigarettes and premium cigars. An increasingly stringent regulatory environment and rising social stigma against smoking and public tobacco use will further reduce consumption of all tobacco products, which will ultimately hurt industry revenue over the five years to 2024. As revenue decreases, total industry participation growth will slow, with the number of industry operators expected to decline.
Companies within this industry acquire packaged cigarettes and other tobacco products from manufacturers and sell the goods to retailers such as convenience stores, supermarkets, specialized tobacco stores, street vendors or internet tobacco retailers. They may also sell to other wholesalers. The sales and distribution offices of tobacco product manufacturers are included in this industry.
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.
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