Industrial product tax on cigarettes in Brazil rises 40% in 2012, slated to increase additional 23% in 2013 and 2014, see 18% uptick in 2015, according to new report

Nevin Barich

DUBLIN , November 26, 2012 (press release) – Research and Markets has announced the addition of the "Tobacco in Brazil" report to their offering.

As part of its strategy to reduce the number of smokers, the Brazilian Government approved a new decree that changes the taxation over cigarettes in Brazil. The Decree 7.555 was supposed to start on 1 December 2011, but was postponed and commenced on 1 May 2012. According to the new decree, Industrial Product Tax (IPI) was increased by 40% in the first year and is fixed to grow until 2015. The growth will be 23% in 2013 and 2014, and 18% growth in 2015.

Euromonitor International's Tobacco in Brazil report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2007-2011, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be the new legislative, distribution or pricing issues. Forecasts to 2016 illustrate how the market is set to change.

Product coverage: Cigarettes, Cigarettes Including RYO Stick Equivalent, Cigars, Smokeless Tobacco, Smoking Tobacco.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

- Get a detailed picture of the Tobacco market;

- Pinpoint growth sectors and identify factors driving change;

- Understand the competitive environment, the market's major players and leading brands;

- Use five-year forecasts to assess how the market is predicted to develop.

Companies Mentioned

- Sudamax Indústria e Comércio de Cigarros Ltda

- Menendez Amerino & Cia Ltda

- Philip Morris Brasil Indústria e Comércio Ltda

- Souza Cruz SA

For more information visit http://www.researchandmarkets.com/research/2tqkjw/tobacco_in_brazil.

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Tobacco

© 2024 Business Wire, Inc., All rights reserved.