Cigarettes in Philippines, 2019

2019-11-04
Price :
Published : Nov-2019
No. of Pages : 60

Cigarettes in Philippines, 2019

Summary

Cigarettes in Philippines, 2019 is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Filipino tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2029.

The Philippines market is large but has been in decline over recent years. Due to fluctuations in tax increase and subsequently trade, consumers have turned tot he black market. The smoking population has been in decline but still accounts for rougly 21% of the population as of 2018. The market is dominanted by blond cigarettes and filtered products. The domestic cigarettes market is controlled by PMI but share has decreased in 2018.

Scope

– Legitimate duty paid consumption is down from previous years in 2018 but still up 7.9% from 1990
– Consumption has steadily decreased since 2014
– Illicit cigarettes sales more than halved from 2016 to 2017 due to improved law enforcement
– PMI are the dominant manufacturer (60% volume share) followed by JTI and BAT

Reasons to buy

– Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market. Identify the areas of growth and opportunities, which will aid effective marketing planning. The differing growth rates in regional product sales drive fundamental shifts in the market.
– This report provides detailed, authoritative data on these changes – prime intelligence for marketers. Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.

Filed in: Consumer Goods
Publisher : GlobalData
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