The market is dominated by domestic suppliers, as imports account for 7.2% of total market size in 2024. Households drive market demand, with household spending representing 92.0% of total demand in 2024. Canada has the eighth largest market size for tobacco products across the top 20 developed countries, with demand reaching USD12.0 billion in 2024. Rothmans Benson & Hedges Inc is the largest company in Canada, generating 41.1% of the industry’s total production value in 2024. The industry is concentrated, with the top four companies generating 73.2% of total production value in 2024. The total number of companies decreases in 2024, to 157 units. The costs of the industry decrease by 9.2% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 29.7% of production value in 2024, the sixth highest across the top 20 developed countries. The industry’s exports share decreases in 2024 to 0.6% of total production output. With production value of USD3.7 billion, Canada accounts for 4.8% of the North America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Tobacco Products in Canada: ISIC 16. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tobacco Products in Canada: ISIC 16 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Food, Beverages and Tobacco in Canada report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Food, Beverages and Tobacco?
- How the Food, Beverages and Tobacco will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Tobacco Products in Canada: ISIC 16
HEADLINES
MARKET OVERVIEW
Food, Beverages and Tobacco
This is the aggregation of food, beverages, and tobacco products.
See all of our definitionsBuy this report to:
- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
- Inform market, strategy development and supply functions
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