Tobacco Product Wholesaling in Australia - Industry Market Research Report

Tobacco Product Wholesaling in Australia - Industry Market Research Report

Tobacco Product Wholesaling in Australia

The Tobacco Product Wholesaling industry has faced declining consumer demand and rising prices over the past five years. Industry revenue has declined, as rising prices and growing health consciousness have put downward pressure on smoking rates. The closure of downstream duty-free retailers for extended periods over the three years through 2021-22, as a result of COVID-19 travel restrictions, exacerbated revenue falls. Overall, industry revenue is expected to decrease at an annualised 9.1% over the five years through 2022-23, to total $2.1 billion. However, this includes an anticipated increase of 3.6% in the current year, with the easing of travel restrictions expected to boost sales to duty-free retailers.

Industry operators wholesale cigarettes, cigars and other tobacco products. The industry excludes wholesaling of leaf tobacco.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.