From: Press Release
Boston, MA — (ReleaseWire) — 09/18/2014 — World Cigarettes Brazil focuses on the extent to which the market has evolved during the last twelve years in line with changing smoking habits in Brazil, the competitive environment and economic developments. The end result is an accurate and objective interpretation of market trends (since 1990) and directions, assessing underlying currents of change and projecting the market scenarios of the future, providing forecasts to 2022.
Key Findings:
At 82.8 billion pieces, Brazil’s cigarette market is the largest in Latin America but it is virtually half the size it was 22 years ago. The major problem has been contraband, which accounts for some 22.5% of total sales and amounts to 24 billion pieces currently. Thus, including non-duty paid sales, consumption levels are 6.8% up on 1990 levels.
