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This Key Note Market Update examines the UK market for cigarettes and tobacco, in particular focusing on the trends and issues impacting the market, overseas trade of goods, and the size and value of the retail industry, covering the 5 years between 2010 and 2014 as well as the future of the market up to 2019. Using National Statistics data, Key Note estimates indicate that the value of the UK cigarettes and tobacco market has increased over the past 5 years, with a 2.7% increase in consumer expenditure occurring in 2014. Smoking prevalence among UK residents has been consistently decreasing for a number of decades, with fewer people taking up smoking a rise in the number of people quitting. Campaigns such as Stoptober and National Health Service (NHS) Stop Smoking schemes are encouraging more people to quit, and so the rise in market value comes due to price increases rather than volume consumption.
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