Just Released: "NRT Smoking Cessation Aids in the Czech Republic"

From: Fast Market Research, Inc.
Published: Mon Jul 07 2014

Current value sales of NRT smoking cessation aids registered reduced growth after the outbreak of the financial crisis (2009 and onwards) and even drop in 2010 as consumers reduced their purchases of expensive and dispensable products in times of worsened economic situation at the end of the review period. In 2012, NRT smoking cessation aids achieved current value growth of 1% which was a marginally better performance compared to that of 2011. Although Czech consumers continued (and even intensified) to reduce their purchases of expensive and non-essential products due to the poor economic situation, retail value sales of NRT smoking cessation aids were fuelled by increased prices of these products in retailers due to the rise in the VAT rate by four percentage points to reach 14% in 2012.

Full Report Details at
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Competitive Landscape

NRT smoking cessation aids remained a niche category with only two multinational players present in the Czech Republic in 2012. These producers were Johnson & Johnson with Nicorette and GlaxoSmithKline with Niquitin. The third player, Novartis, which offered the brand Nicotinell, left Czech NRT smoking cessation aids in 2009 as returns coming from this market segment were unattractive.

Industry Prospects

NRT smoking cessation aids is expected to see a constant value CAGR of 6% over the forecast period to reach sales of CZK89 million by 2017. Demand for NRT smoking cessation aids will be driven by rising consumer health awareness as more people will try to quit smoking. Moreover, sales of these products will be also supported by the expected improved economic situation and thus higher willingness of Czechs to spend money towards the end of the forecast period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the NRT Smoking Cessation Aids industry in Czech Republic with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the NRT Smoking Cessation Aids industry in Czech Republic, our research will save you time and money while empowering you to make informed, profitable decisions.

The NRT Smoking Cessation Aids in Czech Republic market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Production, imports by origin, exports by destination
* Robust and transparent market research methodology, conducted in-country

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