Australian Smokers to Pay More than $ 45 for a Packet of Cigarettes in Australia , 2016 Albany , New York , January 24 , 2017 : Market Research Hub has recently announced the addition of a new report to it broad database titled as “ Smoking Tobacco in Australia , 2016 ”. The latest report from GlobalData , the industry analysis specialists that offer comprehensive information and understanding of the Tobacco market .
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The Australian market for tobacco products is in long-term decline due to strong anti-tobacco laws , high taxes , and low smoking rates among consumers . However , as of 2015 , smoking tobacco accounted for 10.9 % of all tobacco consumption , up from 6.5 % in 2005 , indicating a consumer shift away from manufactured cigarettes to slightly cheaper alternatives , such as smoking tobacco . Nevertheless , the highly regulated nature of the Australian tobacco market will limit the abilities of smoking tobacco brands to capitlize on their growing popularity in the longer term . This category is dominated by two major tobacco companies , BAT and Imperial Tobacco , which utilize local production and imports to maintain the smoking tobacco market in the country .
Key Findings
- Smoking tobacco accounted for 10.9 % of the tobacco market in 2015 . - Smoking tobacco consumption is forecast to grow to 2,050 tons in