"World Cigarettes Ecuador" now available at Fast Market Research
Fast Market Research recommends "World Cigarettes Ecuador" from ERC, now available
[USPRwire, Thu Sep 18 2014] World Cigarettes Ecuador focuses on the extent to which the market has evolved during the last twelve years in line with changing smoking habits in Ecuador, the competitive environment and economic developments. The end result is an accurate and objective interpretation of market trends (since 1990) and directions, assessing underlying currents of change and projecting the market scenarios of the future, providing forecasts to 2022.
Key Findings
Ecuador is a small market for cigarettes in both absolute and per capita terms, standing at around 3 billion pieces in 2012, equating to per capita consumption of 197 pieces. Non-duty paid cigarettes account for around 14% of overall consumption. Despite the small market, smoking is fairly prevalent with a third of men and a fifth of women smoking, although male prevalence has declined substantially since 1990 when almost 50% of men smoked.
It is forecast that sales in absolute terms will remain steady in the next ten years although in per capita terms they will contract by 12% to 174 pieces.
Companies Mentioned in this Report: Industrias del Tabaco, Alimentos y Bebidas SA (Itabsa)
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