2014-02-05 22:31:01 - Tobacco Packaging in the Philippines - a new market research report on companiesandmarkets.com
In 2012, tobacco packaging continued to be largely influenced by various factors from the end consumer´s point of view. Among the top factors were price and perceived value, but price played the dominant role in determining which pack type performs the best. This is seen as the main driver of growth in tobacco packaging, which also influences the direction in which certain pack types have been observed to go towards the end of the review period.
In the forecast period, price is expected to remain the major consideration to affect tobacco packaging. This is especially in light of other factors like taxes that affect the overall retail price of tobacco, particularly for the bulk contributor cigarettes. This results in packaging of
tobacco products needing to be as cost efficient as possible.
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