Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Tobacco Packaging in Indonesia

Indonesia tobacco packaging market forecast to increase at a slower rate of 3% CAGR during 2011 to 2016


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-02-07 15:00:03 - Tobacco Packaging in Indonesia - a new market research report on companiesandmarkets.com

Despite continuous efforts to heighten law enforcement by both government (in particular the Ministry of Health) and antismoking NGOs to reduce the number of smokers and the negative effects of smoking on the public health, unit volume of tobacco products continued to grow positively in 2012. Cigarettes continue to be the primary type of tobacco product in Indonesia, with other types of tobacco products not enjoying the same appeal and less regulated by the government. With the larger pack sizes posting stronger growth, total tobacco packaging´s growth rate in 2012 was slightly lower than the growth rate in tobacco in volume size (by sticks as per Euromonitor International´s research). Total tobacco packaging expanded by 6% in 2012 in unit terms

 

 

to reach 41.5 billion units.

Tobacco packaging, despite the anticipated greater restrictions imposed on the industry, will continue to see positive growth over the forecast period. A slightly slower rate of 3% CAGR in the 2011-2016 period to reach 45.6 billion units by 2016 is expected. The rising unit volume is also supported by the migration of people who previously enjoyed hand-rolled cigarettes to now smoking machine-made cigarettes still primarily in the kretek blend. The latest tax excise increase issued by regulation no 167/PMK.11/2011 also discouraged hand-rolled cigarette consumers, as the percentage increase was higher in the lower segments.

Click for report details: www.companiesandmarkets.com/Market/Paper-and-Packaging/Market-Re ..

Browse all Paper and Packaging Market Research Reports www.companiesandmarkets.com/Market/Paper-and-Packaging/Market-Re ..

Browse all Paper and Packaging Company Profile Reports www.companiesandmarkets.com/Market/Paper-and-Packaging/Company-P ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com