Global Cigarette Market share.
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In recent years, dozens of cigarette manufacturing companies have consolidated under four major private corporations: Altria/Philip Morris, British American Tobacco, Japan Tobacco International, and Imperial Tobacco. State monopolies are also major cigarette manufacturers. The largest state monopoly is China National Tobacco Corporation, with a global cigarette market share that exceeds that of any private company. Because the European Union intends to restrict further mergers and acquisitions that increase a tobacco company’s market-share dominance, industry consolidation trends may have peaked.
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Global Cigarette Market share.
- 1. CANADA SENEGAL CÔTE D’IVOIRE GHANA NIGERIA CAMEROON DEM. REP. OF CONGO UNITED REPUBLIC OF TANZANIA KENYA ETHIOPIA MADAGASCAR ZIMBABWE S. AFRICA TOGO SAUDI ARABIA YEMEN ALGERIA EGYPT MOROCCO MALAYSIA INDONESIA INDIA NEPAL BANGLADESH PAKISTAN KAZAKHSTAN CHINA RUSSIAN FEDERATION VIETNAM CAMBODIA JAPAN KYRGYZSTAN UZBEKISTAN JORDAN IRAQ SYRIAN ARAB REP. LEBANON ISL. REP. OF IRAN KUWAIT TURKEY LIBYAN ARAB JAMAHIRIYA TUNISIA PHILIPPINES ARMENIA AZERBAIJAN GEORGIA LAO PDR MALTA MAURITIUS GREECE SLOVENIA UKRAINE SPAIN BELGIUM FRANCE GERMANY ITALY PORTUGAL UNITED KINGDOM NORWAY SWEDEN DENMARK SWITZ. POLAND ESTONIA LATVIA LITHUANIA BELARUS CZECH REP. SLOVAKIA AUSTRIA HUNGARY ROMANIA BULGARIA CROATIA Bosnia and Herzegovina ALBANIA SERBIA FYR MACEDONIA FINLAND NETHERLANDS THAILAND UAE ANGOLA MYANMAR HONG KONG MOZAMBIQUE SINGAPORE SRI LANKA SUDAN ZAMBIA IRELAND TURKMENISTAN CYPRUS Cuba Mexico Guatemala El Salvador Honduras Nicaragua Costa Rica Panama Colombia Venezuela Ecuador Peru Bolivia Brazil Argentina Chile Uruguay Paraguay Jamaica Trinidad and Tobago Dominican Rep. UNITED STATES OF AMERICA REP. MOLDOVA RUSSIAN FED. DPR KOREA REP. KOREA MONTENEGRO ISRAEL C H A P T E R 14 TOBACCO COMPANIES I n recent years, dozens of cigarette manufacturing companies have consolidated under four major private corporations: Altria/Philip Morris, British American Tobacco, Japan Tobacco International, and Imperial Tobacco. State monopolies are also major cigarette manufacturers. The largest state monopoly is China National Tobacco Corporation, with a global cigarette market share that exceeds that of any private company. Because the European Union intends to restrict further mergers and acquisitions that increase a tobacco company’s market-share dominance, industry consolidation trends may have peaked. The tobacco industry includes some of the most powerful transnational corporate entities in the world. Tobacco conglomerates have diversified into many other industries, such as financial services, food and beverages, pharmaceuticals, real estate, hotels, restaurants, communications, and apparel, among others. The tobacco industry is expected to continue increasing in size and power. The global tobacco market, valued at $378 billion, grew by 4.6 percent in 2007. By the year 2012, the value of the global tobacco market is projected to increase another 23 percent, reaching $464.4 billion. If Big Tobacco were a country, it would have the 23rd-largest gross domestic product in the world, surpassing the GDP of countries like Norway and Saudi Arabia. “In the tobacco business, big is beautiful.” —Ronald Wildmann, an analyst at zurich’s Bank Leu AG, on the Rothmans/BAT merger, 1999 “If I were to describe any moment in my life as perfect, this would be it.” —Andrew Schindler, chief executive and chairman of R. J. Reynolds Tobacco, on the merger between R. J. Reynolds and Brown & Williamson Tobacco Corporation, 2004 Tobacco Company Profits, 2008 or latest available year Altria/Philip Morris British American Tobacco Japan Tobacco International Imperial Tobacco Altadis $5,223,338,640 (US$) $7,692,000,000 (US$) $2,611,669,320 (US$) $800,350,106 (US$) None Altria/Philip Morris British American Tobacco Japan Tobacco International/Gallaher State Monopoly Altria: Richmond, Virginia, USA Philip Morris International: Lausanne, Switzerland British American Tobacco: London, UK Japan Tobacco International: Tokyo, Japan Imperial Tobacco Group: Bristol, UK Location of headquarters of major transnational tobacco companies $13,400,000,000 (US$) Imperial Tobacco/ Altadis Other China National Tobacco Corporation 32.0% British American Tobacco 17.1% Japan Tobacco International 10.8% Imperial Tobacco/ Altadis 5.6% Others 15.8% Leading tobacco manufacturer By country, 2006 AUSTRALIA NEW ZEALAND No data Altadis: Madrid, Spain Philip Morris International 18.7% Global Cigarette Market Share, 2007 51 50