Published on : Mar 17, 2017
Albany, New York, March 17, 2017: A new report titled “Tobacco Company Profile - SNTA” has been published on the online repository of Market Research Hub (MRH). This report provides an in-depth analysis of a tobacco company SNTA. It also provides an all-encompassing and highly detailed information about the current and future market trends in the cigarette market. It covers the market size and structure as well as the per capita and overall consumption. Moreover, it emphases on retail pricing, brand value, prospects, and forecasts for sales and consumption.
Firstly, the report provides a basic overview of the company including introduction, key company facts, corporate structure, ownership, organization, financial highlights and cigarette business review. Brief introduction of development plans, current status, future prospects, trends of industry are also precisely discussed. SNTA stands for Socit Nationale des Tabacs et Allumettes and was established in 1963, when the tobacco industry was nationalized. After which SNTA became the sole manufacturer of tobacco products in Algeria. Apart from its cigarette manufacturing activities, SNTA manufactures snuff, chewing, cut tobacco and other tobacco products. Rym is the most popular brand of cigarettes produced by SNTA.
Secondly, cigarettes companies require a detailed understanding of cigarettes consumption in order to bring into line their sales and marketing efforts with the latest trends in the market. This report provides information in detail, where the growth opportunities are in cigarettes market for companies to form an effective marketing plan. As the demand for products by consumers evolve, understanding the instable market dynamics is very important for ensuring maximum sales in the future. The report covers the overall Algerian and international tobacco market for SNTA. The company dominates the Algerian market, although the sales reduced by 38% in 2015. International market is very limited and volume of exports was reduced to none in 2014 from minimal quantities in earlier years. The company sold 10.3 billion cigarette pieces in 2015, which is equivalent to 0.210% of the global market.
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In the end, the report provides comprehensive & authoritative data on the market changes for new and existing investors. Understanding the market dynamics and key data to scale your position and to identify where to compete in the future. It identifies the areas of risk and opportunities, which will aid effective marketing planning. The different growth rates in regional product sales helps to understand the requirement of the consumers. Overall, the report examines the company’s strengths, strategies, performance & future plans.
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