Thursday, December 2, 2021
HomeU.S.AUS cigarette gross sales elevated for first time in 20 years

US cigarette gross sales elevated for first time in 20 years

Holy smokes!

Cigarette gross sales within the US elevated in 2020 for the primary time in 20 years, in line with a brand new report from the Federal Commerce Fee.

The nation’s largest cigarette producers bought 203.7 billion cigarettes final yr because the nation grappled with stressors from the pandemic — up from 202.9 billion in 2019, the Tuesday FTC report stated.

Tobacco corporations in 2020 additionally boosted their spending on cigarette promoting, shelling out $7.84 billion — up from $7.62 billion in 2019.

The information was offered within the company’s “Cigarette Report,” which has been issued periodically since 1967.

“Given the regarding developments highlighted on this report, together with the primary improve in cigarette gross sales in 20 years, the Fee will proceed to increase its strategy in reporting shifts within the tobacco business,” the FTC stated in a press launch.

The FTC launched one other report specializing in smokeless tobacco, the gross sales of which additionally elevated in 2020.

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