Cigarettes in Mexico, 2018

Cigarettes in Mexico, 2018

  • August 2018 •
  • 56 pages •
  • Report ID: 4144557 •
  • Format: PDF
Cigarettes in Mexico, 2018

Summary
"Cigarettes in Mexico, 2018", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Mexican market. The report offers 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.

Legitimate cigarette consumption in Mexico has been in decline for many years, suffering from a combination of poor economic performance and rising contraband sales.During the last decade, price and tax hikes have further reduced duty paid sales.

Although a sizeable rise in duty paid sales was recorded in 2006, the market declined heavily in 2007, with a further fall to 41,256 million pieces in 2009. While volumes were up to 44,090 billion pieces in 2010, this largely reflected heavy sales in December prior to a tax hike in January 2011, which reduced volumes by a further 29.1%. Sales recovered in 2012 and 2013 to 35,200 million pieces, although another decline of 4.3% followed in 2014 to take the market to 33.7 billion pieces with this again driven by rising prices.

Scope
- The period since 2015 has seen a notable recovery in sales in part driven by a strengthening economy, and also by actions to counter contraband and manufacturer actions to offer more affordable brands. Total sales were up 20% to 40,414 million pieces in 2015 and by 29.9% in 2016 to 52,486 million pieces. Latest data records a further rise of 4.5% in 2017 to 54,841 million pieces.
- A period of stable prices since 2015 has helped with a recovery in duty paid sales. As such, GlobalData is optimistic for the future of the market should such future shocks to the market be avoided. Total duty-paid sales are forecast to finish 2027 at 60,300 million pieces, 10% up on 2017. Per capita consumption over the same period will ultimately be unchanged at 440 pieces in 2017.

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.
- 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.
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.