Country Report

Cigars in

Cigars and Cigarillos in Ecuador

24 pages, Aug 2016

US$990

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Executive Summary

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TRENDS

As tax hikes drive up prices for cigarettes, more smokers in Ecuador, particularly young smokers, are looking to cigars and cigarillos as a way to reduce their tobacco consumption and save money. Domestic products remain the most attractive choice in this regard, as they are typically cheaper than Cuban brands. However, Cuban brands are increasingly being sold at cheaper prices by informal retailers on the streets of Ecuadorian cities.

COMPETITIVE LANDSCAPE

Corporación Habanos, which is represented by Vegas del Caribe in Ecuador, was the leading player in cigars in 2015 with a retail volume share of 52%. The company offers a number of renowned international brands, the most popular of which include Cohiba, Romeo y Julieta, Hoyo de Monterrey and Partagás. Aray Cigars SA ranked second in the cigars category in 2015 with a retail volume share of 25%.

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Cigars and Cigarillos Market Sample Report Cigars and Cigarillos Market Sample Data

Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

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

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

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Tobacco market research database.

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Country Report

Cigars and Cigarillos in Ecuador

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Executive Summary

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TRENDS

COMPETITIVE LANDSCAPE

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Overview

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