The Tobacco Leaf Processing industry in China has been growing at an annualized rate of 10.3% over the past five years to an expected $2.8 billion in 2014. Over the period, the industry has benefited from continued improvements in processing technology. However, government-imposed bans on smoking in public areas have limited demand from downstream cigarette manufacturers. In 2010, for example, Nanchang, Haerbin, Shenyang, Tianjin and Lanzhou all began promoting smoke-free environments, which negatively affected industry sales.
Companies in the Tobacco Leaf Processing industry primarily stem and redry tobacco. The methods of redrying include stick redrying and threshing redrying. The stick redrying process involves hanging tobacco leaves on sticks inside a redrying machine or bulk curing barn. Threshing redrying involves separating the leaves from the stems through a threshing machine before redrying them separately.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.