PROSPECTS AND OPPORTUNITIES
Cigars and cigarillos anticipated to grow steadily
Despite the significant decline in cigarette sales within the Philippine tobacco industry, cigars and cigarillos are projected to maintain steady growth in the upcoming period. The niche nature of this category works in favour of established players, offering them continued growth opportunities.
Brand promotions will target young adult smokers
Although cigar smoking has traditionally been associated with older generations, young adults visiting foodservice establishments that serve cigars, such as The Whisky Library, may find the experience appealing. Consumers under 35 years and of legal smoking age may appreciate the sophistication of cigar smoking, even as they are increasingly drawn to e-vapour products.
Flavoured cigarillos should stimulate consumer interest
Distinctive flavours have the potential to significantly boost the appeal of cigarillos, especially to a broader and more diverse audience. Unlike traditional cigars, which tend to offer a more uniform smoking experience, flavoured cigarillos provide an exciting variety that can attract both seasoned smokers and newcomers.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Philippines 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 Philippines, 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 Philippines 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 Philippines?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Philippines?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Philippines?
- Which category is the most heavily taxed in Philippines?
- 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 Philippines?
- 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 the Philippines - Category analysis
KEY DATA FINDINGS
Cigars and cigarillos remains buoyant amid steady demand
Tabacalera Inc maintains its solid lead in cigars/cigarillos
Tobacco specialist retailers is key channel for cigars and cigarillos
Cigars and cigarillos anticipated to grow steadily
Brand promotions will target young adult smokers
Flavoured cigarillos should stimulate consumer interest
Tobacco in the Philippines - 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
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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