With questions surrounding the viability and long-term future of the tobacco industry, Euromonitor International is releasing a global report on the projected tobacco industry in 2050. The Future of Tobacco report examines the long-term prospects for the industry and is based on the company's ongoing global tobacco research program in over 80 markets world-wide.
The report indicates that despite declining consumption in developed markets, world cigarette volumes will increase over the next few decades due to rising consumption in China. Asia Pacific, driven by China, is predicted to increase its share of the global cigarette market to over half of volume sales.
Strict regulation on the tobacco industry along with increasing taxation continues to put pressure on volume sales of tobacco products in more developed markets like the US, Western Europe and Japan. Although China will pay lip service to tobacco control, population growth forecasts mitigate any fall in smoking prevalence, even in the long term. In fact, tobacco users will remain at a billion by 2050, according to Euromonitor's report. Buy marlboro cigarettes online: marlboroman.blog.com
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