Tobacco product wholesaling market in the United Kingdom to decline 3.2% CAGR between 2014-19
Tobacco Product Wholesaling in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-03 04:49:02
The Tobacco Product Wholesaling industry is being snuffed out by the wave of anti-smoking sentiment that has wafted through much of the Western world. Wholesalers have increasingly been bypassed by large retailers, particularly supermarkets and multinational producers, that have sought efficiencies by internalising their wholesaling functions.
Government legislation such as the smoking ban, the ban on advertising tobacco products and higher taxes and duties on the sale of cigarettes has contributed to a decline in overall smoking rates across the United Kingdom. In 2011 (the latest available data), around one-fifth of people aged 16 and over identified themselves as smokers, down from around 45.0% in 1974. This highlights the impact of health-awareness programmes and the marked fall in tobacco marketing and availability.
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