Cigarette Market to Eyewitness Massive Growth by 2026 | Philip Morris, British American Tobacco

Colombia Cigarette Market Assessment and Forecasts to 2025 - Analyzing Product Categories and Segments, Distribution Channel, Competitive Landscape and Consumer Segmentation is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Colombia Cigarette Market. Some of the key players profiled in the study are British American Tobacco Plc, Philip Morris International Inc.

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Summary
The per capita expenditure of tobacco was lower in Colombia compared to global and regional levels in 2020. Convenience stores is the leading distribution channel in the cigarettes category in 2020. British American Tobacco Plc is the leading company across the cigarettes category in 2019.

This report brings together multiple data sources to provide a comprehensive overview of the cigarette category in Colombia, as part of HTF MI global coverage of the sector. It includes analysis on the following -

- Market Context: The report provides comparative analysis of the value shares of Colombia in the Latin America and global tobacco sector. Additionally, the per capita expenditure of cigarette in Colombia is also compared with the Latin America and global levels.

- Market Size and Structure: The report offers an overview of the growth at a sector level and provides analysis of the cigarette category. The category is analyzed by value, volume, and CAGR for the period 2015-2025. The section also includes value analysis of segments, value and volume analysis of sub-segments under the cigarette category for the period 2015-2025.

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Scope
- Per capita expenditure of tobacco was lower in Colombia compared to the regional and global level in 2020
- Cigarettes accounted for a per capita expenditure of US$7.3 in the Colombian tobacco sector, in 2020
- Convenience stores was the leading distribution channel in the cigarettes category, with a volume share of 47.4% in 2020
- Colombia government tripled prices on cigarettes from 2016 to 2018
- Smoking prevalence in Colombia is estimated at 9.5% in 2020 with 17.2% of men and 5.2% of women classified as smokers

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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.

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Thanks for showing interest in Colombia Cigarette Industry Research Publication; you can also get individual chapter wise section or region wise report version like North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc

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