PROSPECTS AND OPPORTUNITIES
Growing cigar culture to push the category
Retail volume sales of cigars are expected to return to fast growth through the forecast period, with positive, but slow increases projected for cigarillos. Smoking tobacco is set to remain negligible.
Potential tariff and price increases may make cigars even more exclusive
The global economic environment is expected to be uncertain in the short term. If the US imposes significant tariffs on imported goods, this would likely exert upward pressure on inflation, further impacting global economic prospects.
Cigarillos to benefit from pricing and strong distribution
The demand for cigarillos is expected to continue to benefit from rising knowledge of and interest in the category, with these products widely available in convenience stores and other retailers. With similar prices to cigarettes, cigarillos represent a suitable choice for new consumers who are interested in the world of “premium” tobacco, but remain outside the orbit of premium and luxury cigars.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Taiwan 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 Taiwan, 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 Taiwan 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 Taiwan?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Taiwan?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Taiwan?
- Which category is the most heavily taxed in Taiwan?
- 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 Taiwan?
- 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 Taiwan - Category analysis
KEY DATA FINDINGS
Stabilisation in cigars and cigarillos while smoking tobacco remains negligible
The Pacific Cigar Co leverages portfolio of in-demand Cuban cigars
Tobacco specialists lead through strong product selections and good customer service
Growing cigar culture to push the category
Potential tariff and price increases may make cigars even more exclusive
Cigarillos to benefit from pricing and strong distribution
Tobacco in Taiwan - 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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