An Overview of the Chinese National Tobacco Corporation( CNTC) Industry Albany, New York, January 24, 2017: Market Research Hub has recently announced the addition of a new report to it broad database titled as“ Tobacco Company Profile- The China National Tobacco Corporation( CNTC)”. The latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Tobacco market.
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The China National Tobacco Corporation( CNTC) is the largest cigarette producer in the world, with domestic and export sales totaling 2,589.08 billion pieces in 2015, approximately two and a half times that of the world ' s leading multinational tobacco companies, Philip Morris International and British American Tobacco. Chinese factories operating under CNTC control produced 2,589.07 billion cigarettes in 2014.
Key Findings
- The CNTC currently holds 45.2 % of the global cigarette market and has its headquarters in Beijing, with 510,000 employees.
- The CNTC is still heavily dependent on its home market, deriving 98.7 %