"Cigarettes in the United Arab Emirates" now available at Fast Market Research

Towards the end of the review period, the booming economy of the United Arab Emirates saw strong GDP growth and rising disposable income levels, all of which served to attract Western expatriates to the country, especially from countries facing economic difficulties such as France and Spain. In addition, political turmoil in neighbouring Arab countries such as Egypt, Syria and Iraq also served to attract more expatriates from these countries to move to the United Arab Emirates. Thus, strong population growth in 2014 served to push volume sales of cigarettes over the course of the year, although growth was limited to 2%.

Competitive Landscape

Philip Morris Management Services (Middle East) Ltd continued to lead cigarettes in 2014 with a volume share of 35%. The company’s wide product portfolio, which includes numerous internationally-recognised brands such as Marlboro, contributed to its success as the majority of the United Arab Emirates population are foreign expatriates who are familiar with the company’s international brands. Furthermore, the fact that Philip Morris also offers brands within every cigarette price band means that it is able to cater for consumers from different income brackets, which also helps to explain its high volume share.

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Industry Prospects

Growth in sales of cigarettes over the forecast period is set to remain healthy, with a volume CAGR of 3% expected in the category. Growth is set to come mainly on the back of the expected further influx of expatriates into the country, both from Western countries burdened by economic difficulties as well as from Arab countries suffering from political unrest. This situation, coupled with the rising number of retail outlets which are expected to open up across the country to cater for the higher numbers of residents, is likely to push volume growth of cigarettes and for the foreseeable future.

Report Overview

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

The Cigarettes in United Arab Emirates 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

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