Big Tobacco is making more money today than ever before. but how?

There have been significant movements in the Tobacco Industry over the last 30 years. Governments around the world have increased taxes on cigarettes and this has led to a large decline in the number of people smoking. (albeit largely in western countries).

Price rises for those who are left still addicted and growth in Asian markets are the major source of increased profits.

The Infograph below shows the revenues, profits, market mix and other data relating to tobacco companies and cigarette use in 2016.

the-smoke-economy--how-big-tobacco-keeps-growing_Infographic

Infographic supplied by Steve Barret from Purplebox