New Market Research Report: Cigars in Saudi Arabia

Cigars in Saudi Arabia continued to record positive growth throughout the review period due to rising consumer awareness and growing knowledge of the different types and grades of cigars. As Saudi Arabia is a country with high average incomes, there is a tendency towards consumers purchasing expensive and premium products, which means that many consumers like to smoke cigars as they are considered to be status symbols and luxury items.

Competitive Landscape

The leading players in cigars in Saudi Arabia are Habanos SA and Imperial Tobacco, with Habanos accounting for 53% of volume sales in the category in 2014. Habanos offers handmade Cuban cigar brands, while Imperial Tobacco offers more affordable machine manufactured brands. 90% of sales in cigars excluding cigarillos are accounted for by Cuban cigars.

Industry Prospects

Cigars is expected to perform well in Saudi Arabia over the forecast period due to the rising popularity of both cigars and cigarillo. This is set to be due to higher disposable incomes in the country and more social gatherings among the elite, top executives and leading businessmen. Cigar smoking is expected to continue to increase in popularity and the category is also expected to benefit from greater product awareness and the increased knowledge of cigar enthusiasts. This is expected to encourage specialist cigar shops such as La Casa Cubana to introduce new varieties of cigars and open even more outlets.

Full Report Details at
- http://www.fastmr.com/prod/1045075_cigars_saudi_arabia.aspx?afid=301

Report Overview

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

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



About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

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