Friday, March 29, 2024

Tobacco company’s U.S. market share in May: 53.3% for Fermo International; 33.9% for Renault

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According to Winston Salem journal, as of May 2020, the market share of Philip Morris USA’s products was 53.3%, down 0.5 percentage points compared with the same period of last year; the market share of Reynolds was 33.9%, up 0.2 percentage points compared with the same period of last year.

Specifically, the cigarette brands are as follows: (1) Marlboro cigarette has the highest market share in the United States, accounting for 47%; 2) Renault tobacco’s Newport accounts for 13.2%; 3) camel accounts for 8.8%; 4) Pall Mall accounts for 6.3%; 5) natural American spirit Spirit) ranked sixth with 3.6%; and ITG’s Winston brand ranked eighth with 2.1% of the U.S. domestic market.

In response, Herzog analyst of a well-known consulting company in the United States believes that the sales volume and sales volume of Altria group company are inferior to other companies in the tobacco industry, suggesting that its cigarette product share in the domestic retail market of the United States may continue to decline in the future.



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