Tobacco

Having experienced a drop in retail volume and current value sales in 2020, in the wake of the Coronavirus (COVID-19) pandemic, cigars and cigarillos saw a return to growth in 2021. The rebound in retail volume and current value growth continued in…

In April 2022, all nightlife-related businesses in Singapore were permitted to fully reopen, including bars, pubs, discotheques, and nightclubs. During the Circuit Breaker period in April and May 2021, all on-trade establishments were forced to close…

In 2022, cigars and cigarillos in South Korea saw significant growth. Increased consumer interest in cigars since the pandemic was the main factor supporting growth. According to local keyword search statistics from Naver, consumer searches for…

Cigars continued to register a strong performance in 2022, with double digit volume growth. However, cigars remain relatively niche and attributed to higher-income consumers such as businessmen and executives, due to their expensive prices. Moreso,…

E-vapour products in China was devasted by a substantial package of industry regulations and policy updates throughout 2022, restricting the production, wholesale, and retail operations of e-cigarette players. The ban on flavoured e-vapour products,…

Smokeless tobacco had a negligible presence in Indonesia in 2022, with a limited number of sellers selling these products, with sales mainly limited to retail e-commerce. Nonetheless, Tigersnus, a Swedish-style snus, has been produced in Indonesia…

Heated tobacco products saw very strong, if slower, retail current growth and positive retail volume growth in 2022. The competitive price of heated tobacco when compared with cigarettes afforded the category good growth potential. In addition, wider…

Heated tobacco products experienced another year of current value and volume growth in 2022. Smokers who were not ready to quit smoking, but were sensitive to the smell of cigarette smoke, chose heated tobacco products, looking for an option they…

On 30 April 2022, the sale of alternative smoking products came to an end in Hong Kong. The legislation prohibited the import, promotion, manufacturing, sale, or possession of any kind of alternative smoking product, including e-vapour products and…

E-vapour and heated tobacco products remains an underdeveloped category in Vietnam, however, this is expected to develop further over the forecast period. During 2022, the Vietnamese government and associated authorities, especially the Ministry of…

The pandemic and associated lockdowns did not have a material impact on tobacco consumption in China. Both retail volume and current value sales of cigarettes continued to witness stable growth, driven by stable consumer demand, and product…

In 2022, retail volume sales of cigarettes remained fairly stagnant, seeing only a minor increase, with sales limited by the fact that smoking prevalence in Hong Kong has decreased over the years thanks to a series of tobacco control initiatives. The…

Tobacco in Indonesia recorded stronger growth in 2022 than in the previous year, largely thanks to an increase in economic activity with the country having suffered through the COVID-19 pandemic since early 2020. The purchasing power of consumers…

Inflationary pressure increased commodity prices and the cost of living in Malaysia in 2022 and led many smokers to trade down to more affordable cigarettes, cigars and cigarillos or shift to cheaper options altogether, such as fine cut tobacco, as…

Retail volume sales of cigarettes continued to decline in 2022, taking them below pre-pandemic levels. The economy price band was the least impacted by retail volume declines, aided by some consumers trading down to more affordable brands.…

In 2022, the tobacco industry in South Korea experienced surprisingly strong current value growth. While cigarettes in South Korea saw a slight retail volume decline, this became much more moderate compared with pre-COVID-19 years, and value sales…

Tobacco in Vietnam returned to normal sales figures in 2022, after seeing a growth slump in 2020-2021 due to the event of COVID-19 and associated social distancing restrictions and lockdowns. However, after the Vietnamese government lifted these…

The cigarette market in Thailand has seen a significant decline in recent years due to increasing health concerns, government regulations, and higher taxes on tobacco products. The Thai Government has implemented several policies to reduce tobacco…

Thailand's cigar and cigarillos market is relatively small and dominated by imported cigars, with a limited number of local manufacturers. Cigars and cigarillos are perceived to be premium products by Thai consumers and as such are mainly only…

In 2022, the tobacco industry in Thailand was seeing some recovery in demand. The industry faced challenges during the COVID-19 pandemic due to government measures aimed at reducing infection rates. These restrictions, including closures, social…