PROSPECTS AND OPPORTUNITIES
Hong Kong as a premium cigar market
Hong Kong's established luxury market provides a stable base for premium cigar sales. Affluent consumers and collectors are less price-sensitive than others, and value high-quality, limited-edition cigars.
Cigarillos on the rise thanks to accessibility and affordability
In Hong Kong's tobacco market, cigarillos is expected to experience faster retail volume growth than cigars during the forecast period. Cigarillos are becoming more prevalent in convenience stores like 7-Eleven, which are ubiquitous in Hong Kong.
Innovation set to gather pace
The Hong Kong cigar and cigarillo market, while navigating strict regulations, is witnessing a range of innovations driven by evolving consumer preferences and global trends. A prominent trend is the diversification of flavour profiles, particularly within the cigarillo segment.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cigars, Cigarillos and Smoking Tobacco industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Cigars, Cigarillos and Smoking Tobacco in Hong Kong, China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Cigars, Cigarillos and Smoking Tobacco in Hong Kong, China?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Hong Kong, China?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Hong Kong, China?
- Which category is the most heavily taxed in Hong Kong, China?
- How is the operating environment for Cigars, Cigarillos and Smoking Tobacco changing?
- What are the current legislative restrictions applicable to the sale of Cigars, Cigarillos and Smoking Tobacco products in Hong Kong, China?
- How has COVID-19 impacted demand?
- How have national lockdown and enforced home seclusion following COVID-19 impacted sales?
- Where is future growth expected to be most dynamic?
Cigars, Cigarillos and Smoking Tobacco in Hong Kong, China - Category analysis
KEY DATA FINDINGS
Cigars sales decrease, while cigarillos expand within convenience stores
Dynamic competitive landscape
7-Eleven offers wide selection
Hong Kong as a premium cigar market
Cigarillos on the rise thanks to accessibility and affordability
Innovation set to gather pace
Tobacco in Hong Kong, China - Industry Overview
Tobacco in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for tobacco?
Legislation
Legislative overview
Minimum legal smoking age
Smoking prevalence
Tar levels
Health warnings
Plain packaging
Advertising and sponsorship
Point-of-sale display bans
Smoking in public places
Low ignition propensity (LIP) cigarette regulation
Flavoured tobacco product ban
Reduced harm
Vapour products
PRODUCTION/IMPORTS/EXPORTS
DISCLAIMER
The following categories and subcategories are included:
Cigars, Cigarillos and Smoking Tobacco
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- Cigars
- Cigarillos
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- Pipe Tobacco
- Fine Cut Tobacco
Cigars, Cigarillos and Smoking Tobacco
Combined sales of cigars, cigarillos and smoking tobacco.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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