Tobacco

In 2022, retail volume sales of cigars continued to fall due to supply and logistics issues, particularly for Cuban cigars. The shortages had a significant impact on the category as a whole, as the Hong Kong market heavily depends on Cuban cigars.…

Manufacturers express deep dissatisfaction with the current taxation of cigars and cigarillos, which equates them to cigarettes. Manufacturers argue that these products are considered luxuries and are less addictive, with most consumers not inhaling…

The market for cigars and cigarillos remains fairly small in Indonesia, with the potential consumer base remaining somewhat limited. This is especially true for imported cigars which are sold at high prices which are generally only affordable to…

Cigarillos recorded dynamic retail volume growth from 2016 to 2020. However, the boost to sales ended in 2021, with the category turning to decline. In 2022, an exceptional decline was seen, with retail volume sales falling to half the 2021 level.…

Cigars and cigarillos registered a healthy increase in volume sales in 2022 and benefitted from people socialising again, as society was fully opened up, post pandemic lockdowns. Though cigarillos are much more popular in Kazakhstan than cigars, the…

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…

Considered a luxury and leisure item, cigars are smoked by customers who are affluent, and the category is niche in Pakistan. Moreover, retail volume sales of cigarillos, pipe tobacco and fine cut tobacco remained negligible in 2022. Although, the…

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 and cigarillos have achieved steady growth as consumers increasingly choose to consume more sophisticated products. While cigarillos face lower taxes than cigarettes, they are the same price as cigarettes making them an attractive option to…

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…

With the easing of COVID-19 related restrictions in 2022, the disrupted supply of imported cigars that was seen in 2020 and 2021 was less of an issue at the end of the review period. The niche market of cigars and cigarillos and the efforts of…

Cigars and cigarillos are considered niche products in Uzbekistan as they are not as widely consumed as regular cigarettes. They are typically sought out by those seeking luxurious and prestigious items, with many purchased as gifts or for special…

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,…

The briefing introduces the Cities Households Necessities Spending Index. The index ranks 1,075 cities by household expenditure on non-discretionary items, namely food, housing, and clothing and footwear. This analysis focuses on 160 major cities.…

This report examines inflation levels and drivers globally and in key countries. Global inflation is reaching a peak, although geopolitical risks and uncertainty in the energy market remain key risks. The impact varies between countries, with…

This report examines inflation levels and drivers globally and in key countries in Q4 2023 and 2024. Global inflation is moderating, although divergence remains among the key economies. Higher volatility in the energy markets and disruption of…

The coronavirus (COVID-19) pandemic has triggered the most severe global recession since World War II. In Q4 2020, the end of the pandemic started as countries began administering effective vaccines among the population; however, vaccine distribution…

This report considers what socialising will look like in a post-COVID-19 era, focusing on several key questions. A return to the “Roaring Twenties” in the beverages space or a continuing decimation of the on-trade? How has socialising changed (eg…

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,…