Cigars in Thailand - New Report Available

Cigars and cigarillos are not popular in Thailand as they carry high prices, have a strong taste and can rarely be found in general grocery stores. Moreover, cigar consumption is associated with affluence, older people and high society. Thus, cigars and cigarillos is a niche category in the country. Cigars and cigarillos are sometimes smoked for leisure, as part of a lifestyle. No local company is present in cigars. Most cigars available in Thailand are imported from Cuba, Belgium and the US.

Competitive Landscape

In Thailand, only a few companies compete in cigars. The leading company, Corporación Habanos, is an international player. In 2014, Corporación Habanos posted a 3% increase in retail volume sales to account for a 38% share. J Cortes Cigars was the second-ranked player with a 36% share, following a 2% increase in retail volume sales. "Others" which includes companies like Lee Intertrade, Macrorich, Saha Vara, Intertrade, Sahasiri and Piriyapul International, accounted for the remaining retail volume shares.

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Industry Prospects

The demand for cigars and cigarillos is expected to remain niche in Thailand. Cigar consumption is associated with a luxury lifestyle, affluent consumers and specific places. Middle-aged men and foreigners are the key consumers, although some women have started to smoke cigars. The average unit price of cigars is predicted to rise year-on-year over the forecast period.

Report Overview

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

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

Reasons to Get this Report

* Gain competitive intelligence about market leaders

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