Over the forecast period, both cigars and pipe tobacco are expected to see a growing interest. Regarding cigars, this will be in part to ongoing economic recovery in Vietnam, along with the growth of Western trends and the “status symbol” aspect of cigars among affluent consumers who are able to afford luxury items.
Over the forecast period, it is expected that Vietnam National Tobacco Corp (Vinataba) will expand its portfolio further in cigars and cigarillos. This will include the development of its own brands, such as Hanos, targeted to affluent consumers; along with the prospect of working with international players to legally import other cigar and cigarillo brands.
Over the forecast period, cigars is expected to see a potential threat from heated tobacco products. Heated tobacco products is still an underdeveloped category in Vietnam, although we expect the Vietnamese government to issue legislation for such products due to growing demand.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cigars, Cigarillos and Smoking Tobacco industry in Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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