52% Small
21% Micro
17% Mid
8% Large
3% Mega
INSIGHTS - APRIL 2024
UK Tobacco Industry
UK Tobacco Industry Information
The tobacco industry processes tobacco, into a consumable product and includes companies engaged in the growth, preparation, shipment, and distribution of tobacco and tobacco-related products.
Active Businesses
75
Annual Sales
£9bn +
Employees
883
Economic Contribution
£2bn
Tags
Location of Tobacco Companies
Tobacco Companies by Size
Tobacco Companies by Age
49% Young
20% Mature
17% Established
13% Startup
Oldest Tobacco Companies
Established
Fastest Growing Tobacco Companies
45% Rapid
22% Healthy
20% Declining
10% High
4% Low
Fastest Growing Tobacco Companies
3yr CAGR
Tobacco Industry Competitive Environment - New Entrants vs Leavers
Tobacco Industry Valuation
EBITDA Multiple
Tobacco Industry Valuation
Turnover Multiple
Tobacco Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of tobacco products Industry Insights
There are 75 active Businesses in the UK with combined annual sales of £9 billion .
The Industry employs around 883 people and contributes £2 billion to the economy.
The most popular location for Tobacco companies is London with 22 and the fewest are located in Wales with 1.
The largest Tobacco company is Gallaher Limited with a turnover of £5.4bn. 52% of the industry is comprised of Small companies with only 17% Mid companies.
17% of the Tobacco Industry is made up of 17% Established but the majority are Young businesses (49%) the oldest company is B.a.t. China Limited founded in 1914.
Tobacco industry has a number of high growth companies (10%), the fastest growing company is B.a.t. China Limited with a 3 year growth rate of 52%. Other fast growing companies include Pan Africa Entrepreneurs Limited (14%), Ritmeester Cigars Uk Limited (14%) and Republic Technologies (Uk) Limited (10%).
The UK Tobacco Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 7.68x, Turnover multiple of 1.92x and a Net Asset multiple of 1.53x.
