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 %