The market is dominated by domestic suppliers, as imports account for 12.9% of total market size in 2023. Households drive market demand, with household spending representing 92.1% of total demand in 2023. The UK has the second largest market size for tobacco products regionally, with demand reaching USD32.5 billion in 2023. Gawith Hoggarth Ltd is the largest company in the UK, generating 8.8% of the industry’s total production value in 2023. The industry is fragmented, with the top four companies generating 11.5% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry increase by 14.2% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 20.0% of production value in 2023, the 18th highest regionally. With production value of USD3.6 billion, the UK accounts for 11.5% of the Western Europe total in 2023.
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Overview:
This Euromonitor industrial report provides unique information on Tobacco Products in the United Kingdom: 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 the United Kingdom: ISIC 16 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Food, Beverages and Tobacco in United Kingdom 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 the United Kingdom: 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
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