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Learn moreAug 2016
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Cigars and cigarillos are considered expensive items in South Korea. The general public are not familiar with leading cigar and cigarillo brands, especially as most of these products are sold through luxury cigar shops located within or close to premium hotels. However, more tobacco specialists appeared in the main streets, where footfall is high, in 2015. For example, PAS Tobacco, which sells smoking tobacco, cigars, and cigarillos. More smokers in South Korea are seeking alternatives to regular cigarettes, including mid-priced and economy cigars and cigarillos. This resulted in positive retail volume and value growth rates for cigars and cigarillos in 2015.
Corporación Habanos maintained its leading position in cigars in 2015, with a 35% share of retail volume sales. Meanwhile, Villiger Söhne remained the leading player in cigarillos, with a 20% retail volume share. The Villiger brand is distributed through convenience stores and is the best-known cigar or cigarillo brand among younger adults in South Korea.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Cigars industry in South Korea 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 South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.
The Cigars in South Korea market research report includes:
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This industry report originates from Passport, our Tobacco market research database.
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.