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Smoking Tobacco in Czech Republic, GlobalData

  • February 2017
  • 77 pages
  • GlobalData
Report ID: 2382278

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Summary
The overall market for tobacco products fluctuated in recent years in large part because of the impact of fiscal and regulatory policies on tobacco use. While sales fell in Czech Republic in 2013, they were up in 2014 and 2015. The smoking tobacco market in Czech Republic is relatively small although it has benefited from significant expansion in recent years. Volumes were up by 97.1% in 2011, 20.4% in 2012, 8.6% in 2013, 9.0% in 2014 and 15.8% in 2015.

Key Findings
- Taxes on tobacco products have recently been increasing and this has helped push smokers from manufactured cigarettes to RYO alternatives.
- Evidence since 2009 suggests that these increases are also pushing cigarette smokers towards contraband.
- The impact of sudden tax hikes can be significant with a 13.0% rise in excise tax at the beginning of 2016 set to bring about a fall in smoking tobacco sales.
- The rise in the popularity of smoking tobacco would suggest that a major expansion in local consumption has taken place since 2004, after the Czech Republic joined the European Union (EU).
- The market is dominated by multinationals with Imperial Tobacco leading, followed by Philip Morris and British American Tobacco.

Synopsis
Smoking Tobacco in Czech Republic is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Czech market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects and forecasts for sales and consumption to 2025.

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.

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