Pakistan Tobacco Market Investigated by Euromonitor in New Report Published at MarketPublishers.com20 Jan 2014 • by Natalie Aster
LONDON – During 2009-2012, the tobacco sales in Pakistan were trending down owing to regulative initiatives, certain financial constraints, rising health awareness, high taxation, and illicit trade. Nevertheless, the taxes on cigarettes continue to be rather low in Pakistan if compared to the international standards; with the aim to fill the short decrease in revenue the country’s government is likely to implement a novel tax on cigarettes to raise the Federal excise tariff on cigarettes. It will likely generate around PKR 10 billion in taxes. In spite of a considerable lost in sales volume in 2012, Phillip Morris (Pakistan) Ltd and Pakistan tobacco Co Ltd hold the dominant shares of the national tobacco market. The government policy in Pakistan seems to be focused on the overall reduction of tobacco consumption in the country, even though the tobacco industry presents a significant source of tax revenue. Currently, illicit tobacco trade is one of the major threats to the future growth of the tobacco industry in Pakistan.
The Pakistani tobacco industry is forecast to face immense challenges, such as the rise in new anti-smoking laws, among others, in the upcoming years. Moreover, such factors as the soaring popularity of water pipes in tandem with fragile regulations with respect to illicit trade are also threatening the Pakistani tobacco industry.
New research report “Tobacco in Pakistan” worked out by Euromonitor provides a detailed examination of the Pakistani tobacco industry.
A profound guide to the Pakistani tobacco sector with present-day and historical data on the domestic market performance is available in the topical study. The report uncovers the retail sales statistics for 2009-2013, identifies the segments driving the country’s market growth, reviews the top companies involved in the tobacco industry in Pakistan and describes the competitive scenario. The study scrutinizes the factors influencing the market development, covers the regulative framework, as well as provides a thorough discussion of pricing and distribution issues. Besides, an extensive future outlook for the Pakistani tobacco market through 2018 is provided.
Product segments discussed: cigars, cigarettes, cigarettes including ryo stick equivalent, smoking tobacco and smokeless tobacco.
Tobacco in Pakistan
Published: January, 2014
Price: US$ 1,900.00
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More new reports by the publisher can be found at Euromonitor page.