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> since 1970s, cigarette industry has been in a steady volume decline In the US - not globally. The tobacco market is growing and sales are increasing on a wor
by objclxt 12y ago
> since 1970s, cigarette industry has been in a steady volume decline
In the US - not globally. The tobacco market is growing and sales are increasing on a worldwide basis. As developed countries stop smoking, developing countries start - and developing countries often have far larger populations.
- yesiamyourdad 12y agoAnd the product is taxed heavily in the USA which gives the manufacturers cover for price increases. Tobacco is really profitable even in the US. Plus the eCig market has given them new growth prospects.