World Cigarettes Philippines - New Study Released

World Cigarettes Philippines focuses on the extent to which the market has evolved during the last twelve years in line with changing smoking habits in Philippines, the competitive environment and economic developments. The end result is an accurate and objective interpretation of market trends (since 1990) and directions, assessing underlying currents of change and projecting the market scenarios of the future, providing forecasts to 2022.

Key Findings
The recent history of the Philippines cigarette market has seen sharp fluctuations as advance purchases ahead of tax increases in 2005, 2007, 2009, 2011 and 2013 have pushed legitimate domestic sales to highs, followed by sharp falls in the intervening years. This aside, the long term trend has been upward since 1990 with 2013 levels 27.2% ahead, although in per capita terms there has been a contraction.

Full Report Details at
- http://www.fastmr.com/prod/875055_world_cigarettes_philippines.aspx?afid=301

Following the merger of PMP with Fortune to form PMFTC in 2010, the combine has a very strong position in the market although share dipped sharply in 2013 (by 15% points) as Mighty Corporation's share jumped from 3.9% in 2012 to 22.5%.

Companies Mentioned in this Report: Philip Morris Fortune Tobacco Company (PMFTC), Mighty Corporation Tobacco Company

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