Czech Republic Cigarettes Market | Major Giants SIT, Lidl, Philip Morris, Lucky Strike

Latest added Czech Republic Cigarettes, 2020 Market research study by HTF MI offers detailed product outlook and elaborates market review till 2026. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are BAT, PMI, SIT, Lidl, Philip Morris, Lucky Strike, Rothman's etc. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.

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Summary
Czech Republic Cigarettes, 2020 is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Czech Cigarette 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 2030.

The legitimate market for cigarettes has been in decline for a number of years. While recently there have been signs of stabilization with sales up by 3.1% in 2014 and 3.3% in 2015 volumes are forecast down 2% at 19.74 billion pieces in 2019. Recent declines have largely come as a result of price increases brought about by tax rises with the non-duty paid sector a beneficiary. Taxation remains a major problem with sizeable increases since 2004 as the government has sought to reach the EU's minimum percentage.

Scope
- The Czech cigarette market has been dominated by Philip Morris CR since its acquisition of Tabak A.S, the former state-owned tobacco monopoly, with 77.6% owned by PMI.
- The most important illegal non-duty brands in the market in 2019 were reported by KMPG as Fest, L&M, Complement and Marlboro with a combined 22% of sales. In the legal non-duty paid market Marlboro and L&M took a combined third of sales in 2019.
- Alongside the growth in the value segment and of contraband and counterfeit sales, RYO/MYO cigarettes have also flourished. In 2017 this sector is estimated to have equated to 2.18 billion pieces, down from an equivalent 2.45 billion pieces in 2013. An illicit market for smoking tobacco also flourishes.

Reasons to Buy
- Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
- Identify the areas of growth and opportunities, which will aid effective marketing planning.
- The differing growth rates in regional product sales drive fundamental shifts in the market.
- This report provides detailed, authoritative data on these changes - prime intelligence for marketers.
- Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.

Companies Mentioned in the Report
BAT
PMI
SIT
Lidl
Philip Morris
Lucky Strike
Rothman's

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What we can offer in the Strategic Opportunities
HTF MI analysts identify in broad terms why some companies are gaining or losing share within a given market segment. Every company have its own story and changes in market share are knowingly the most important indicator of management effectiveness & corporate strategies; it is important to identify those who are succeeding in the market and those who are failing, and the cause of the market flux. Key Financial Ratios are also considered to get towards root-cause analysis of each companies such as Return on Assets, ROCE, and Return on Equity etc. From this understanding of the forces driving the market, the analyst team prepares its strategic recommendations. Ultimately, it’s that market wisdom, beyond the market data and forecasts, which is the most valuable component of HTF MI market research studies and provides our clientele with the greatest competitive edge with top level quality standards.

How insights and forecasts from the reports could benefit you:

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• to gear up or down production cycle to meet demand
• Ways to increase or decrease sales force activities
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• Benchmark and judge own competitiveness
• Assisting in allocating marketing investments
• Supporting company financial and cash flow planning
• Open up New Markets
• To Seize powerful market opportunities
• Identify Key Business Segments, Market proposition & Gap Analysis

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