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Cigarette & Tobacco Manufacturing in the US Product Image

Cigarette & Tobacco Manufacturing in the US

  • ID: 16700
  • June 2014
  • Region: United States
  • 37 Pages
  • IBISWorld
Smoke signals: Health trends and increased costs will decrease industry demand

FEATURED COMPANIES

  • Altria Group Inc.
  • Lorillard Inc.
  • Reynolds American Inc.
  • MORE

Cigarette & Tobacco Manufacturing in the US

The Cigarette and Tobacco Manufacturing industry ignited during the recession as layoffs, foreclosures and a tumbling stock market drove many people to turn to stress-relieving substances such as cigarettes. However, as the economy began to recover and people returned to work, the percentage of smokers started to decline again. Additionally, growing health concerns spurred on by media campaigns that reveal the health implications of smoking have discouraged smokers from consuming cigarettes and tobacco products. In the five years to 2019, the industry is forecast to continue its gradual decline, as health concerns cause more Americans to quit smoking. In addition, government regulations are further restricting how tobacco products are advertised, limiting the scope of the industry's market and resulting in a decrease in revenue.

Operators in this industry manufacture cigarettes, cigars, smoking and chewing tobacco, and reconstituted tobacco. Tobacco manufacturers acquire raw materials from tobacco growers, paper and fiber manufacturers, tobacco stemmers and tobacco redryers and process these into tobacco products sold to wholesalers and retailers.

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.

Note: Product cover images may vary from those shown
Smoke signals: Health trends and increased costs will decrease industry demand

FEATURED COMPANIES

  • Altria Group Inc.
  • Lorillard Inc.
  • Reynolds American Inc.
  • MORE

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Note: Product cover images may vary from those shown
Smoke signals: Health trends and increased costs will decrease industry demand

Altria Group Inc.

Reynolds American Inc.

Lorillard Inc.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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