Tobacco Product Manufacturing
Industry Description
The US tobacco manufacturing industry includes about 80 companies with combined annual revenue of about $28 billion. Major companies include Altria (owner of Philip Morris USA and UST), Lorillard, Reynolds American, and Vector Group. The industry is highly concentrated: the eight largest companies generate more than 90 percent of revenue.
SIC: 2111, 2141, 2121
NAICS: 312210, 312229, 312221
NAICS: 312210, 312229, 312221
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Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| ITC Limited | 4,250.08M | Kolkata, India |
| Danville Leaf Tobacco Company, Incorporated | 2,500.00M | Richmond, VA |
| KT&G Corporation | 2,204.94M | Daejeon, South Korea |
| Yunnan Hongta Tobacco Material Co., Ltd. | 953.01M | Yuxi, China |
| Philip Morris Holland B.V. | 677.25M | Bergen Op Zoom, The Netherlands |
Trends
Manufacturers Bypass Tobacco Processors - Cigarette, cigar, and smokeless tobacco manufacturers are increasingly buying...
Industry Indicator
US nondurable goods manufacturers' shipments of tobacco products, an indicator of tobacco production, rose a slight 1.2 percent in the first eleven months of 2011 compared to the same period in 2010.
Quarterly Industry Update
Canada Mandates Larger, More Graphic Labels for Cigarettes - Canada recently introduced new requirements for cigarette package warning labels and images that are among the strictest in the world, according to Reuters. The new...


