The China National Tobacco Corporation (CNTC) is the largest cigarette producer in the world, with domestic and export sales totaling 2,589.08 billion pieces in 2015, approximately two and a half times that of the world’s leading multinational tobacco companies, Philip Morris International and British American Tobacco. Chinese factories operating under CNTC control produced 2,589.07 billion cigarettes in 2014.
- The CNTC currently holds 45.2% of the global cigarette market and has its headquarters in Beijing, with 510,000 employees.
- The CNTC is still heavily dependent on its home market, deriving 98.7% of its overall sales volume from domestic sales, which peaked in 2014 and declined by 0.8% to 2,555.36 billion pieces in 2015
- Outside of China, the CNTC and its subsidiaries have a growing number of ventures, although these are relatively small scale compared with its domestic market.
Tobacco Company Profile - The China National Tobacco Corporation (CNTC) is an analytical company report that provides extensive and highly detailed current and future market trends in the cigarette 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.
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.