Major Group SIC 21 - Tobacco Products

SIC 21 - Tobacco Products

SIC 21 - Tobacco Products
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs

This major group includes establishments engaged in manufacturing cigarettes, cigars, smoking and chewing tobacco, snuff, and reconstituted tobacco and in stemming and redrying tobacco. Also included in this major group is the manufacture of non-tobacco cigarettes. The manufacture of insecticides from tobacco by-products is included in Major Group 28.

Industry trends:

The tobacco products industry, classified under SIC 21, is undergoing significant changes driven by regulatory pressures, evolving consumer preferences, and technological advancements. A key trend is the shift towards smoke-free alternatives, such as e-cigarettes and heated tobacco products, as consumers become more health-conscious and governments impose stricter smoking bans. This shift is supported by a growing body of research suggesting that such alternatives might pose fewer health risks compared to traditional cigarettes.

Moreover, there is an increasing emphasis on sustainability within the industry. Companies are investing in eco-friendly packaging solutions and sustainable agricultural practices to address environmental concerns and meet consumer demand for responsible corporate behavior. Public sentiment is also influencing the marketing and advertising strategies of tobacco companies, with a move towards transparent communication and reduced emphasis on lifestyle-centric advertising.

Looking ahead, the industry is expected to navigate a complex landscape where regulatory frameworks continue to tighten, particularly around nicotine levels and flavors. The development of new harm-reduction products will likely accelerate as companies aim to capture market share in the growing segment of health-conscious users. Innovation in product offerings, such as the use of advanced technologies for flavor enhancement and consumption experience, will be critical for maintaining competitive advantage. As a result, market leaders are likely to be those who can adapt swiftly to regulatory changes, lead in sustainability practices, and effectively leverage technology to meet evolving consumer preferences.

This industry is comprised of:

SIC 211 - Cigarettes

SIC 212 - Cigars

SIC 213 - Chewing And Smoking Tobacco And Snuff

SIC 214 - Tobacco Stemming And Redrying

Explore related industries:

SIC 20 - Food And Kindred Products SIC 28 - Chemicals And Allied Products SIC 39 - Miscellaneous Manufacturing Industries

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