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China Tobacco Industry Research,China Tobacco Industry growth-Ken Research

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Title: China Tobacco Industry Research,China Tobacco Industry growth-Ken Research


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CNTC Worlds Largest Producer of Tobacco
Products Ken Research
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  • Ken Research has announced its distribution
    of research title, Tobacco Company Profile - The
    China National Tobacco Corporation (CNTC) which
    provides extensive and highly detailed current
    and future market trends in the cigarette market.
    The report covers market size and structure along
    with per capita and overall consumption and also
    focuses on brand data, retail pricing, prospects,
    and forecasts for sales and consumption. It helps
    the users get a detailed understanding of
    consumption for aligning their sales and
    marketing efforts with the latest trends in the
    market and identifies the areas of growth and
    opportunities, which will further aid in
    effective marketing planning. It aids in
    comprehending the market dynamics and gives all
    the essential data to benchmark their position
    and to further identify where to compete in the
    future.

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  • Key Dynamics 
  • The China National Tobacco Corporation (CNTC) is
    a Chinese state-owned manufacturer
    of tobacco products and enjoys a
    virtual monopoly in China, which reckons for
    roughly 30 of the worlds total consumption
    of cigarettes, and is the world's largest
    manufacturer of tobacco products measured by
    revenues.  
  • The CNTC has its headquarters in Beijing, with
    510,000 employees and recently reckons for 45.2
    of the global cigarette market.
  • It has prolonged to be the largest cigarette
    producer in the world, with domestic and export
    sales that totaled 2,589.08 billion pieces in the
    year 2015, which was around two and a half times
    that of the world's leading multinational tobacco
    companies that included Philip Morris
    International and British American Tobacco.

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  • It is greatly based on its home market and takes
    out 98.7 of its overall sales volume from
    domestic sales and outside of China i.e. its home
    market, the CNTC and its subsidiaries are having
    a number of ventures which are evolving, though
    these are relatively small scale. 
  • Up to 75 of China's population still resides in
    rural farming regions, and they simply cannot
    afford buying high or even mid-priced cigarettes.
    Therefore, Class D quality cigarettes enjoy the
    highest production rates in China, while Class C
    quality cigarettes bring in the largest gross
    profit. However, high-quality national brands do
    exist in China, though they are hard to find in
    rural areas without reputable retailers. 
  • In the future years as well, the company is
    expected to flourish well in terms of revenue
    generation and ultimately producing major portion
    of the concerned industrys profits.

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  • For more coverage click on the link
    belowhttps//www.kenresearch.com/food-beverage-a
    nd-tobacco/tobacco-products/tobacco-company-profil
    e-china/82576-11.html
  •  
  • Related links
  • https//www.kenresearch.com/food-beverage-and-toba
    cco/tobacco-products/tobacco-company-profile-donsk
    oy-tabak/66054-11.html

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  • https//www.kenresearch.com/food-beverage-and-toba
    cco/tobacco-products/tobacco-company-profile-tabac
    uba/66055-11.html
  • Contact
  • Ken Research
  • Ankur Gupta,
  • Head Marketing amp Communications
  • query_at_kenresearch.com
  • 91-124- 4230204
  • www.kenresearch.com

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Thank you
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