Cigarette & Tobacco Products Wholesaling in the US - Industry Market Research Report

Cigarette & Tobacco Products Wholesaling in the US - Industry Market Research Report

  • September 2020 •
  • 57 pages •
  • Report ID: 198886 •
  • Format: PDF
Up in smoke: A stringent regulatory environment will likely further reduce tobacco consumption

Abstract

Cigarette & Tobacco Products Wholesaling in the US
The Cigarette and Tobacco Products Wholesaling industry has experienced increasing sales over the five years to 2019, despite contending with growing regulatory, economic and operational challenges. During the current period, the industry has experienced a spark in the introduction of e-cigarettes into the market as major players raced to grab market share. Nevertheless, cigarettes and other tobacco products have experienced intense regulatory scrutiny from both the government and public. In addition, cigarette consumption levels have continued to decline steadily, further reducing demand for the industry’s largest product segment. Despite these challenges, industry revenue has increased slightly during the current period. An increasingly stringent regulatory environment and rising social stigma against smoking and public tobacco use are projected to further reduce consumption of all tobacco products. As a result, industry revenue is forecast to decline over the five years to 2024.

Companies in 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. In addition, 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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