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Strategy Briefing

What’s Happening in Tobacco? June-August 2017

17 pages, Sep 2017

US$1,325

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About This Report

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

In this first in an ongoing series of quarterly briefings looking at major (and some minor) developments in the world of tobacco we assess the latest performance of the major multinationals, the FDA’s plan to reduce nicotine in cigarettes and Euromonitor’s updated economic growth projections for the world’s key markets.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Legislation and regulatory updates

US FDA plans steps to reduce nicotine in tobacco products

For the first time in its history, the US Food and Drug Administration (FDA) is seeking to limit nicotine content in tobacco products,. The goal is to “render cigarettes minimally addictive” by reducing the amount of the addictive chemical, which, according to the FDA, is the leading cause of preventable death in the US.

Markets and products updates: Big fall in smoking in Beijing

According to the Beijing municipal government, the number of cigarettes sold in the region in 2016 fell by 8%, while smoking prevalence among the population aged 15 or older fell by 4.7 percentage points to 22.3% with smokers falling by some 200,000.

Mergers and acquisitions: Lucrative US cigarette market

BAT has announced the completion of its acquisition of the 57.8% of RAI that it did not already own. The acquisition makes BAT a major player in the US market accounting for some 34% by volume and owning Newport the second largest and fastest growing major brand.

Illicit trade updates: Illicit trade falls in the EU

According to the latest Project Sun report by KPMG, illicit cigarettes volume in Europe in 2016 compared with 2015 fell by 8.8% to 48.3 billion sticks as incomes rose and unemployment fell. However, contraband cigarettes still accounted for 9% of total consumption in 2016.

Cigars: China the game changer

The China National Tobacco Corporation (CNTC) and Cuba’s Habanos S.A. have signed a letter of intenton under which Habanos will advise on cigar production in China while increasing cigar sales there. Cuba’scigar sales to China accounted for more than half volume and 70% by revenue. Habanos is a joint venturebetween Cuba’s state-owned Cubatabaco and Altadis, an affiliate of Imperial Brands recorded revenue ofabout USD450 million in 2016.

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In Brief

Legislation and regulatory updates

Markets and products updates

Events to August 2017: Mergers and acquisitions

Illicit trade updates

In Focus

US FDA Tobacco and Nicotine plan in Summary

Illicit trade falls in Europe

Cigars: China the game changer

Latest Market and Company Performance

2017 half year market direction indicators (1): The companies

2017 half year market direction indicators (2): The markets

PMI: Q2 2017 (to end June 2017)

BAT: Q2 2017 (to end June 2017)

JTI: Q2 2017 (to end June 2017)

Imperial Brands: Half year results

New Product Development

New product developments and launches (1)

New product developments and launches (2)

Latest macroeconomic data

Latest Euromonitor macroeconomic forecasts

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Megatrends

Strategy Briefing

What’s Happening in Tobacco? June-August 2017

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

Legislation and regulatory updates

US FDA plans steps to reduce nicotine in tobacco products

Markets and products updates: Big fall in smoking in Beijing

Mergers and acquisitions: Lucrative US cigarette market

Illicit trade updates: Illicit trade falls in the EU

Cigars: China the game changer

Want to find out more about this report?

Table of Contents

In Brief

Legislation and regulatory updates

Markets and products updates

Events to August 2017: Mergers and acquisitions

Illicit trade updates

In Focus

US FDA Tobacco and Nicotine plan in Summary

Illicit trade falls in Europe

Cigars: China the game changer

Latest Market and Company Performance

2017 half year market direction indicators (1): The companies

2017 half year market direction indicators (2): The markets

PMI: Q2 2017 (to end June 2017)

BAT: Q2 2017 (to end June 2017)

JTI: Q2 2017 (to end June 2017)

Imperial Brands: Half year results

New Product Development

New product developments and launches (1)

New product developments and launches (2)

Latest macroeconomic data

Latest Euromonitor macroeconomic forecasts

Why buy this report?

Want to find out more about this report?

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