New Market Report: Cigarettes in Azerbaijan

In 2014, an improving economic climate and rising disposable incomes created a platform for the further development of mid-priced and premium cigarettes. Smokers in Azerbaijan shifted to cigarettes of a better quality. At the same time, increasing health awareness drove consumers towards low and ultra-low tar cigarettes as well as vapour devices. As a result, the volume sales of high-tar cigarettes declined by 1%.

Competitive Landscape

Entering the category remains difficult for small companies in Azerbaijan due to the fact that it continues to be led by four big companies, namely Japan Tobacco Inc (locally represented by Cahan Tobacco MMC), Imperial Tobacco Group, British American Tobacco and local player European Tobacco-Baku MMC. These four international companies have years of experience and huge budgets for new product development and marketing activities. The share of Cahan was 30% while that of JTI was 36% due to also including the 6% share held by Gallaher. Imperial Tobacco MMC ranked second with a 28% volume share, followed in third place by British American Tobacco with a share of 24%.

Full Report Details at
- http://www.fastmr.com/prod/1036613_cigarettes_azerbaijan.aspx?afid=301

Industry Prospects

Cigarettes is expected to post a retail volume CAGR of 3% and a value CAGR of 13% at constant 2014 prices over the forecast period. An expected increase in prices will boost the share of mid-priced brands. The decline in share for high-tar cigarettes is likely to pick up speed, with ultra-low tar cigarettes benefiting the most.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Cigarettes industry in Azerbaijan 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 Cigarettes industry in Azerbaijan, our research will save you time and money while empowering you to make informed, profitable decisions.

The Cigarettes in Azerbaijan 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
* Production, imports, and exports of finished cigarettes
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Cigarettes in Azerbaijan?
* What are the major brands in Azerbaijan?
* What is the legislative environment like in Azerbaijan?

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