This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Smoke and mirrors: The return of duty-free sales is supporting revenue amid long-term declines
The Tobacco Product Wholesaling industry has faced declining consumer demand and rising prices over the past five years. Industry revenue has declined, as rising prices and growing health consciousness have put downward pressure on smoking rates. The closure of downstream duty-free retailers for extended periods over the three years through 2021-22, as a result of COVID-19 travel restrictions, exacerbated revenue falls. Overall, industry revenue is expected to decrease at an annualised 9.1% over the five years through 2022-23, to total $2.1 billion. However, this includes an anticipated increase of 3.6% in the current year, with the easing of travel restrictions expected to boost sales to duty-free retailers.
Industry operators wholesale cigarettes, cigars and other tobacco products. The industry excludes wholesaling of leaf tobacco.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Imperial Tobacco Australia Limited
- BAT South Pty Ltd
- Philip Morris (Australia) Limited
Methodology
LOADING...