Cigarettes in Uruguay, 2020
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Cigarettes in Uruguay, 2020 is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the tobacco market in Uruguay. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2030.
Uruguay has historically been seen as more affluent than many South American countries and is known for its advanced welfare system, its progress in education, and its liberal laws, Uruguay has a relatively small population of 3.3 million. While it is largely free of the serious income inequality that characterizes much of Latin America, the 10% or so of its population who are of African or mixed European Native American descent form a high proportion of its poorest people. Uruguay traditionally has one of the highest rates of contraband sales in the world leading to increased concern in the government, which has been responsible for introducing some of the strictest anti-tobacco legislation in the world. Uraguay’s economy is affected by the economic instability of its neighbors Argentina and Brazil, which are also its main trading partners.
Scope
– Uruguay has a major problem with contraband with the recent policy of hiking taxes only exacerbating this issue.
– The market is contested by three companies but the leading player is the independent locally owned Compañia Industrial de Tabacos Monte Paz SA
– The impact of the increasingly tough stance on smoking along with the impact from a sizeable non-duty paid sector is set to depress sales over the coming decade
Reasons to Buy
– Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market. Identify the areas of growth and opportunities, which will aid effective marketing planning.
– The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes – prime intelligence for marketers.
– Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
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