Market Report, "Cigarettes in Singapore", published

From: Fast Market Research, Inc.
Published: Sun Nov 01 2015


Singapore introduced a 10% hike in tobacco excise duties in 2014 to discourage the rising trend of smoking among young people aged 18-29 years. Prior to this, duties on cigarettes and manufactured tobacco products had remained constant since 2005. The 2014 hike saw excise duty on cigarettes rise from S$352 per kg to S$388 per kg.

Competitive Landscape

Far from being a monopoly, tobacco in Singapore is a competitive market populated by various well-known international brands and local players. There were no privatisation efforts observed in this market in 2014.

Industry Prospects

Over the forecast period, cigarettes retail volume sales are expected to grow at a CAGR of 3% to reach 3.3 billion sticks in 2019. Retail volume growth is projected to be lower than that seen during the review period, as adverse health effects and high prices are likely to discourage more people from smoking. In addition, educational outreach efforts by the government are expected to increase public awareness of the dangers of smoking, and this will also cause demand for cigarettes to fall.

Full Report Details at
- http://www.fastmr.com/prod/1063335_cigarettes_singapore.aspx?afid=301

Report Overview

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

The Cigarettes in Singapore 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 Singapore?
* What are the major brands in Singapore?
* What is the legislative environment like in Singapore?
* What are the rates of cigarette taxation in Singapore?
* Do premium, mid-price or economy cigarettes dominate in Singapore?
* What is the rate of illicit trade in Singapore?
* How many smokers are there in the country?

Reasons to Get this Report

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

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:

- Cigarettes in South Korea
- Cigarettes in the Czech Republic
- Cigarettes in Chile
- Cigarettes in Germany
- Cigarettes in Peru

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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