Tobacco in the United States

Introduction

Tobacco in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2006-10, and forecast to 2015). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the United States tobacco market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

*The tobacco market consists of the retail sale of cigarettes, loose tobacco, chewing tobacco, and cigars and cigarillos. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2010 annual average exchange rates.

*The US tobacco market generated total revenues of $95.6 billion in 2010, representing a compound annual growth rate (CAGR) of 2.3% for the period spanning 2006-2010.

*Cigarettes sales proved the most lucrative for the US tobacco market in 2010, generating total revenues of $87.9 billion, equivalent to 91.9% of the market's overall value.

*The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.1% for the five-year period 2010-2015, which is expected to lead the market to a value of $106.3 billion by the end of 2015.

Features

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the tobacco market in the United States

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the tobacco market in the United States

Leading company profiles reveal details of key tobacco market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the United States tobacco market with five year forecasts

Macroeconomic indicators provide insight into general trends within the United States economy

Key Questions Answered

What was the size of the United States tobacco market by value in 2010?

What will be the size of the United States tobacco market in 2015?

What factors are affecting the strength of competition in the United States tobacco market?

How has the market performed over the last five years?

Who are the top competitiors in the United States's tobacco market?

Tobacco Industry in the United States

TABLE OF CONTENTS
EXECUTIVE SUMMARY 2
MARKET OVERVIEW 7
Market definition 7
Research highlights 8
Market analysis 9
MARKET VALUE 10
MARKET SEGMENTATION I 11
MARKET SEGMENTATION II 12
MARKET SHARE 13
FIVE FORCES ANALYSIS 14
Summary 14
Buyer power 15
Supplier power 16
New entrants 17
Substitutes 18
Rivalry 19
LEADING COMPANIES 20
Altria Group, Inc. 20
Reynolds American Inc. 24
Lorillard, Inc. 28
MARKET DISTRIBUTION 31
MARKET FORECASTS 32
Market value forecast 32
MACROECONOMIC INDICATORS 33
APPENDIX 35
Methodology 35
Industry associations 36
Related Datamonitor research 36
Disclaimer 38
ABOUT DATAMONITOR 39
Premium Reports 39
Summary Reports 39
Datamonitor consulting 39

LIST OF TABLES
Table 1: United States tobacco market value: $ million, 2006–10(e) 10
Table 2: United States tobacco market segmentation I:% share, by value, 2010(e) 11
Table 3: United States tobacco market segmentation II: % share, by value, 2010(e) 12
Table 4: United States tobacco market share: % share, by value, 2010(e) 13
Table 5: Altria Group, Inc.: key facts 20
Table 6: Altria Group, Inc.: key financials ($) 22
Table 7: Altria Group, Inc.: key financial ratios 22
Table 8: Reynolds American Inc.: key facts 24
Table 9: Reynolds American Inc.: key financials ($) 26
Table 10: Reynolds American Inc.: key financial ratios 26
Table 11: Lorillard, Inc.: key facts 28
Table 12: Lorillard, Inc.: key financials ($) 29
Table 13: Lorillard, Inc.: key financial ratios 29
Table 14: United States tobacco market distribution: % share, by value, 2010(e) 31
Table 15: United States tobacco market value forecast: $ million, 2010–15 32
Table 16: United States size of population (million), 2006–10 33
Table 17: United States gdp (constant 2000 prices, $ billion), 2006–10 33
Table 18: United States gdp (current prices, $ billion), 2006–10 33
Table 19: United States inflation, 2006–10 34
Table 20: United States consumer price index (absolute), 2006–10 34
Table 21: United States exchange rate, 2006–10 34

LIST OF FIGURES
Figure 1: United States tobacco market value: $ million, 2006–10(e) 10
Figure 2: United States tobacco market segmentation I:% share, by value, 2010(e) 11
Figure 3: United States tobacco market segmentation II: % share, by value, 2010(e) 12
Figure 4: United States tobacco market share: % share, by value, 2010(e) 13
Figure 5: Forces driving competition in the tobacco market in the United States, 2010 14
Figure 6: Drivers of buyer power in the tobacco market in the United States, 2010 15
Figure 7: Drivers of supplier power in the tobacco market in the United States, 2010 16
Figure 8: Factors influencing the likelihood of new entrants in the tobacco market in the United States, 2010 17
Figure 9: Factors influencing the threat of substitutes in the tobacco market in the United States, 2010 18
Figure 10: Drivers of degree of rivalry in the tobacco market in the United States, 2010 19
Figure 11: Altria Group, Inc.: revenues & profitability 23
Figure 12: Altria Group, Inc.: assets & liabilities 23
Figure 13: Reynolds American Inc.: revenues & profitability 27
Figure 14: Reynolds American Inc.: assets & liabilities 27
Figure 15: Lorillard, Inc.: revenues & profitability 30
Figure 16: Lorillard, Inc.: assets & liabilities 30
Figure 17: United States tobacco market distribution: % share, by value, 2010(e) 31
Figure 18: United States tobacco market value forecast: $ million, 2010–15 32

Cigar in United States

United States Inbound Arrivals From Trinidad And Tobago, `000, As A % Of Total Arrivals

• $ 250
• Industry data
• February 2013

Yearly, From 1996 To 2017
By Business Monitor International
Source: Department of Homeland Security/BMI Forecast/BMI Calculation

• Industries : Tobacco
• Countries : United States, Trinidad and Tobago

United States Inbound Arrivals From Trinidad And Tobago, `000, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1997 To 2017
By Business Monitor International
Source: Department of Homeland Security/BMI Forecast/BMI Calculation

• Industries : Tobacco
• Countries : United States, Trinidad and Tobago

United States Inbound Arrivals From Trinidad And Tobago, `000

• $ 250
• Industry data
• February 2013

Yearly, From 1996 To 2017
By Business Monitor International
Source: Department of Homeland Security/BMI Forecast

• Industries : Tobacco
• Countries : United States, Trinidad and Tobago

Trinidad & Tobago Inbound Arrivals From Usa, `000

• $ 250
• Industry data
• February 2013

Yearly, From 1995 To 2017
By Business Monitor International
Source: Trinidad and Tobago Tourism Development/BMI Forecast

• Industries : Tobacco
• Countries : Trinidad and Tobago, United States

Trinidad & Tobago Jet/kerosene, New York, Us$/bbl

• $ 250
• Industry data
• February 2013

Yearly, From 1990 To 2021
By Business Monitor International
Source: BMI

• Industries : Tobacco
• Countries : United States