Around 6.5 trillion cigarettes are marketed worldwide. Amid the demand for cigarettes, it turns out that there are 10 largest companies in the world cigarette market. Are you curious to know those companies? Read more below.
As a superpower and big country, we will assume that the potentate of cigarettes market in the world are companies in America. Yet the fact, China National Tobacco Company (CNTC) from China is the one who dominates the world’s cigarette market.
Based on research conducted by Euromonitor International in 2017, 40% of the world’s cigarette market is controlled by the China National Tobacco Company.
The accomplishment of the Chinese companies mentioned is also influenced by a large number of their population. Nevertheless, apart from that factor, the taste and quality of tobacco owned by the company also influence the market sales of the company’s products.
Relax, the big cigarette companies in the world aren’t just that. Want to know more about other companies and their products too? Read this article ‘till the end, there will be a list of the ten largest cigarette companies in the world.