The market is dominated by domestic suppliers, as imports account for 0.3% of total market size in 2023. Households drive market demand, with household spending representing 50.2% of total demand in 2023. China has the largest market size for tobacco products regionally, with demand reaching USD241 billion in 2023. China National Tobacco Corp (CNTC) is the largest company in China, generating 85.7% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 96.0% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry decrease by 1.6% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 10.7% of production value in 2023, the 17th highest regionally. With production value of USD144 billion, China accounts for 72.2% of the Asia Pacific total in 2023.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Tobacco Products in China: 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 China: ISIC 16 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!