Ken Research - Spain Cigarette Market

Spain Cigarette Industry to Witness a Positive growth in the Future: Ken Research The report titled “Cigarettes in Spain”, provides a comprehensive analysis of Spain’s cigarette industry, demographics of cigarette market, leading players in cigarette industry, excise tax on cigarettes, advertisement policies, government measures to curb illegal sales, and future of cigarettes industry in Spain. Industry Overview and Demographics: Spain has made a huge progress on tobacco control in the recent years but people continue to die and become sick. The country does not make any effort to implement the tobacco control tools for its citizens’ wellbeing. Consumption of tobacco is injuring consumers’ health, the treasury, and the spirit of Spain. Almost every year, more than 58,000 of Spain’s population die due to by tobacco-caused disease. On the other hand, more than 75,000 children and 960,000 adults continue to use tobacco and its products on a daily basis. It was observed that the deaths due to tobacco boosts the tobacco industry in Spain and also ensures that tobacco's death toll grows every year. More men and children smoke in Spain on average everyday and more men die compared to the other countries. The monetary cost of smoking in Spain amounts to 21 thousand million euros every year. The direct costs are related to healthcare expenditures and indirect costs are related to lost productivity due to early mortality and morbidity rates in Spain. The tobacco industry is a powerful force in Spain that does not fear any actions due to their extensive resources and global market power. Thousands of metric tons of tobacco is produced in Spain every year. More than 3 billion cigarettes are produced in Spain and cigarette imports exceeded cigarette exports in the country. Advertisement Policies: Spain has banned all forms of direct and indirect advertising of cigarette on national TV, national radio, international TV, international radio, local