The Tobacco Product Wholesaling industry is in decline due to falling consumption, increasing regulation, declining enterprise and establishment numbers and a persistent decline in industry revenue. Smoking rates are falling in Australia due to rising public concern about the health risks of smoking, rising prices and anti-smoking campaigns designed to reduce the appeal of tobacco products. Combined, these factors are expected to cause a 0.5% decline in industry revenue over 2014-15. The industry continues to suffer reduced demand, due to the Federal Government's 25% increase in the tobacco excise tax, introduced in 2010.
The Tobacco Product Wholesaling industry includes businesses that purchase tobacco products from the manufacturers and then distribute them to retailers such as specialist tobacconists, supermarkets and convenience stores.
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.