Tobacco

Cigarettes are subject to strict regulations in China, and there is stable supply, setting it apart from other consumer goods. In 2022, cigarettes demonstrated stable retail current value growth in China, which was largely attributed to effective…

Despite government efforts to reduce smoking prevalence, cigarettes remain popular among the country’s large population of low-income men. Despite the struggling economy, consumers are not likely to cut out smoking but instead, trade down to…

In 2022, the tobacco industry continues to witness rising prices due to tax increases and global inflation rates. This has boosted the illicit trade as low-income consumers are finding smoking increasingly unaffordable. Meanwhile, demand for…

Consumption of tax-paid cigarettes continues to fall in 2022, with many consumers eschewing locally manufactured cigarettes in favour of either illicit imports or traditional cheroots and quids. Demand for the Red Ruby brand continues to decline…

Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…