PROSPECTS AND OPPORTUNITIES
Strong sales of cigars and cigarillos to be maintained despite a slight decline due to the competition
After an exceptional year in 2024, sales of cigars and cigarillos are set to gradually fall during the forecast period, as integrated resorts such as Marina Bay Sands and Resorts World Sentosa face increasing competition from similar resorts in neighbouring countries. The ease of access to these alternatives could divert potential visitors away from Singapore, which will weigh on sales of cigars and cigarillos in casino-related channels.
A potential move to more premium products in cigars
Premium cigars is expected to see continuous growth over the forecast period. Consumers who see cigar consumption as part of a luxury lifestyle will seek premium experiences such as unique flavour profiles, aged blends, and high-end packaging.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Singapore 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 Singapore, 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 Singapore 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 Singapore?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Singapore?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Singapore?
- Which category is the most heavily taxed in Singapore?
- 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 Singapore?
- 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 Singapore - Category analysis
KEY DATA FINDINGS
Cigars and cigarillos returns to growth, but smoking tobacco is less successful
Players focus on cigar lounges for success
Tobacco specialists continues to dominate cigars and cigarillos
Strong sales of cigars and cigarillos to be maintained despite a slight decline due to the competition
A potential move to more premium products in cigars
Tobacco in Singapore - 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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