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Tobacco Manufacturing (NAICS 31222) Industry Market Research Report

Tobacco Manufacturing - Market Size and Forecast

The Tobacco Manufacturing report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Tobacco Manufacturing Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Tobacco Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Tobacco Manufacturing companies in the United States.

Tobacco Manufacturing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesTobacco Manufacturing
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Tobacco Manufacturing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Tobacco Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Tobacco Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Cigarette manufacturing


Cigarettes, including nontobacco

Cigarettes, incl. nontobacco, filter tip, 100 mm long or more

Cigarettes, including nontobacco, nsk, total

Cigarettes, incl. nontobacco, nsk, for nonadministrative-records

Other tobacco product manufacturing

Chewing and smoking tobacco

Chewing tobacco (looseleaf), snuff, and all other chewing tobacco

Chewing tobacco (looseleaf), snuff, dry & moist, & all other

Other tobacco products, nsk, total

Tobacco Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations7%


General and Operations Managers2%
Office and Administrative Support Occupations9%
Installation, Maintenance, and Repair Occupations10%
Other Installation, Maintenance, and Repair Occupations9%
Industrial Machinery Installation, Repair, and Maintenance Workers7%
Industrial Machinery Mechanics6%
Production Occupations51%
Food Processing Workers11%
Miscellaneous Food Processing Workers11%
Food and Tobacco Roasting, Baking, and Drying Machine Operators and Tenders11%
Other Production Occupations37%
Chemical Processing Machine Setters, Operators, and Tenders8%
Separating, Filtering, Clarifying, Precipitating, and Still Machine Setters, Operators, and Tenders8%
Packaging and Filling Machine Operators and Tenders17%
Packaging and Filling Machine Operators and Tenders17%
Transportation and Material Moving Occupations9%
Material Moving Workers8%

Tobacco Manufacturing and Adjacent Industries - Top Companies

($ Millions)


Tobacco Manufacturing Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  

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