New Study: Cigars in Egypt

From: Fast Market Research, Inc.
Published: Mon Aug 24 2015


Cigars were also affected by a significant increase in taxation towards the middle of the review period, causing unit prices to surge and retail volume sales to decline. Following steady growth during the early years of the review period, retail volume sales declined in 2011 and 2012, mostly due to falling demand for standard cigars, the most prevalent format in Egypt.

Competitive Landscape

As in cigarettes, Eastern Co also has a monopoly on domestically manufactured cigars in Egypt. In 2014, the company held a volume share of 64% in cigars excluding cigarillos, up by a further percentage point on the previous year. Its two key brands are José Bartolo and Verona. Eastern Co also led cigarillos in 2014 with a retail volume share of 73%.

Industry Prospects

Cigars are expected to remain niche products within tobacco in Egypt due to the category’s limited consumer base. Volume sales are set to stagnate as manufacturers will fail to attract new consumers in light of the challenging economic conditions in the country and price rises. Furthermore, cigars will be constrained by the fact that the main consumer base mostly buys cigars outside Egypt or via duty free, which offers a wider selection at much better prices.

Full Report Details at
- http://www.fastmr.com/prod/1036677_cigars_egypt.aspx?afid=301

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Cigars industry in Egypt with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Cigars industry in Egypt, our research will save you time and money while empowering you to make informed, profitable decisions.

The Cigars in Egypt market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth  
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Cigars in Egypt?
* What are the major brands in Egypt?
* What are the main distribution channels for cigars in Egypt and which are performing well?
* What is the proportion of hand-made versus machine manufactured cigars in Egypt?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

About Fast Market Research

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You may also be interested in these related reports:

- Cigars in Russia
- Cigars in Serbia
- Cigars and Cigarillos in Germany
- Cigars in the Netherlands
- Cigars in Iran

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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