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Cigarette & Tobacco Product Manufacturing in the US
IBISWorld, April 2009, Pages: 50
This industry comprises establishments primarily engaged in manufacturing cigarettes, cigars, smoking and chewing tobacco, and reconstituted tobacco. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Health Concerns Are Hazardous to industry growth
This industry has achieved revenue growth in recent years, but this performance appears to be short lived. With the many concerns about the health risks associated with this industrys products, consumption has been declining. It is likely that tobacco product manufacturers will not be able to continually raise prices to compensate for falling volume demand without losing sales.
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