Cigarettes in Venezuela 2019 - Introduction of a Ban on Smoking in Public Places in 2011 Led to a 27.5% Contraction in Cigarette Sales - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 7, 2020--
The “Cigarettes in Venezuela 2019” report has been added to ResearchAndMarkets.com’s offering.
Cigarettes in Venezuela 2019 is an analytical report that provides extensive and highly detailed current and future market trends in the Venezuelan tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2028.
The Venezuelan market has suffered mixed fortunes during the past two decades with an early contraction of 21% from 1990 to 2005. Various explanations have been given for this fall, notably a see-sawing economy, a decline in disposable incomes, and higher prices resulting in consumers turning to black market sales. From 2004 to 2006, sales grew on the back of a reduction in contraband, but tighter regulatory restrictions and a tax hike in 2008 saw sales fall back, with the situation compounded during 2009 and 2010 by weak growth due to the global slowdown. With GDP contracting by 2.8% in 2010, volumes fell by 3%. The introduction of a ban on smoking in public places in 2011 led to a 27.5% contraction in cigarette sales, with higher prices encouraging contraband, followed by a 26.2% reduction in 2012 to 6.9 billion pieces.
Reasons to buy
Key Topics Covered:
2 Market Size
3 Market Structure
4 Manufacturers & Brands
5 Taxation & Retail
5.2. Retail Prices
6 The Smoking Population
7 Production & Trade
8 Operating constraints
8.1. Advertising Restrictions
8.2. Health Warnings
8.3. Other Restrictions
9 Company Profiles
10 Prospects & Forecasts
11.1. What is this Report About?
11.2. Time Frame
11.3. Product Category Coverage
11.5. About the Author
11.7. Contact Us
For more information about this report visit https://www.researchandmarkets.com/r/bjafuy
View source version on businesswire.com:https://www.businesswire.com/news/home/20200107005669/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD: SOUTH AMERICA VENEZUELA
INDUSTRY KEYWORD: TOBACCO RETAIL OTHER MANUFACTURING MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 01/07/2020 08:58 AM/DISC: 01/07/2020 08:58 AM