Industry Analysis & Industry Trends
The percentage of smokers has been declining steadily since 1997. Most major cities have passed bans on smoking in public places, restaurants and bars, making smoking less convenient. Moreover, the increasing marketing of, and efficacy of smoking cessation treatments has provided alternative ways for smokers to break their addiction. IBISWorld forecasts the percentage of adults who smoke to drop from 20.5% in 2010 and 20.1% in 2011. The percentage of smokers will fall an estimated one percentage point by 2016.... purchase to read more
What is the Nicotine Replacement Product Manufacturing OTC industry?
This industry includes companies manufacturing smoking cessation products that deliver small, steady doses of nicotine into the body, with a goal to relieve nicotine withdrawal symptoms. Most industry manufacturers also produce other types of medications... purchase to read more