Tobacco Leaf Processing in China
The Tobacco Leaf Processing industry in China is expected to post revenue growth at a CAGR of 1.1% over the five years through 2023, including 1.6% in 2023, to reach $3.7 billion. The industry has benefited from continued improvements in processing technology over the period. However, government-imposed bans on smoking in public areas have limited demand from downstream cigarette manufacturers. For example, Nanchang, Harbin, Shenyang, Tianjin and Lanzhou all began promoting smoke-free environments in 2010, which negatively affected industry sales.Companies in the Tobacco Leaf Processing industry primarily stem and redry tobacco. The methods of redrying include stick redrying and threshing redrying. The stick redrying process involves hanging tobacco leaves on sticks inside a redrying machine or bulk curing barn. The threshing redrying method involves separating the leaves from the stems through a threshing machine before redrying them separately.
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.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- China Yunnan Tobacco Leaf Company
- Tianchang International Tobacco Co., Ltd.
- Guizhou Tobacco Monopoly Administration (Corporation)
- Yunnan Qujing Tobacco Leaf Co., Ltd.
- Yunnan Tobacco Leaf Processing Co. Ltd.
Methodology
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