It was reported on July 30 that KT & G, a South Korean tobacco company, recently said publicly that its goal is to become the world's fourth largest tobacco company by 2025.
"KT & G aims to increase the number of exporting countries from 80 to more than 200 by 2025," the company said in a statement. As a result, we have set a new goal of becoming the fourth largest tobacco company in the global market by then. "
According to Euromonitor International, KT & G ranked fifth in the world in 2016 in terms of sales volume and market share. To achieve its fourth goal, the company has been exploring new markets and plans to increase investment in the distribution network and marketing infrastructure of its global subsidiaries.