41% Small
34% Micro
16% Mid
5% Large
5% Mega
INSIGHTS - OCTOBER 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
3,012
Economic Contribution
£2bn
Tags
Location of Tobacco Companies
Tobacco Companies by Size
Largest Tobacco Companies
Turnover
Gallaher Limited
£5bn
Tobacco Companies by Age
48% Young
19% Mature
17% Established
16% Startup
Oldest Tobacco Companies
Established
Fastest Growing Tobacco Companies
33% Declining
25% Healthy
17% High
15% Rapid
10% 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 3,011 people and contributes £2 billion to the economy.
The most popular location for Tobacco companies is London with 24 and the fewest are located in Wales with 1.
The largest Tobacco company is Gallaher Limited with a turnover of £5bn. 41% of the industry is comprised of Small companies with only 16% Mid companies.
17% of the Tobacco Industry is made up of 17% Established but the majority are Young businesses (48%) the oldest company is B.a.t. China Limited founded in 1914.
Tobacco industry has a number of high growth companies (15%), the fastest growing company is B.a.t. China Limited with a 3 year growth rate of 23%. Other fast growing companies include Pan Africa Entrepreneurs Limited (14%), Ritmeester Cigars Uk Limited (10%) and Republic Technologies (Uk) Limited (2%).
The UK Tobacco Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.10x, Turnover multiple of 2.25x and a Net Asset multiple of 1.69x.
