The market is dominated by domestic suppliers, as imports account for 0.6% of total market size in 2024. Households drive market demand, with household spending representing 52.7% of total demand in 2024. China has the largest market size for tobacco products regionally, with demand reaching USD247 billion in 2024. China National Tobacco Corp (CNTC) is the largest company in China, generating 86.3% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 96.6% of total production value in 2024. The total number of companies increases in 2024, to 1,405 units. The costs of the industry increase by 1.2% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 17.3% of production value in 2024, the 17th highest regionally. With production value of USD148 billion, China accounts for 71.3% of the Asia Pacific total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Tobacco Products in China: 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 China: ISIC 16 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Food, Beverages and Tobacco in China 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 China: ISIC 16
HEADLINES
MARKET OVERVIEW
Food, Beverages and Tobacco
This is the aggregation of food, beverages, and tobacco products.
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- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
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