Corporacion Habanos maintained the largest volume share of 35% in 2013 within cigars excluding cigarillos. Amongst its brands, Cohiba, Montecristo and Romeo y Julieta remained the most popular and famous brands and the former two brands increased their retail volume shares marginally. They are distributed through luxury channels such as hotels, bars and cigar specialists operated only for members.
Retail volume sales of cigars are expected to decrease at a CAGR of -4% over the forecast period. Its market size will reach only 0.5 million sticks in 2018 with both standard cigars and cigarillos decreasing constantly. In South Korea, the price of cigars is too expensive when compared to that of cigarettes, so consumers will continue to hesitate to try cigars over the forecast period. Therefore, leaving aside dedicated cigar smokers, it will be difficult for new consumers help the market to show positive growth rate.
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:
Our market research reports answer questions such as:
- Analysis of key supply-side and demand trends
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Reasons to Get this Report
- What is the market size of Cigars in South Korea?
- What are the major brands in South Korea?
- What are the main distribution channels for cigars in South Korea and which are performing well?
- What is the proportion of hand-made versus machine manufactured cigars in South Korea?
- 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
In South Korea, the cigar market is not much developed yet and its volume sales continue to decline due to negative effects from unofficial purchasing through internet retailing. In 2013, standard cigars recorded retail volume sales of only 0.1 million sticks and cigarillos accounted for sales of only 0.5 million sticks. Retail volume sales of both categories declined in 2013, by 4% and 5%, respectively.
CIGARS IN SOUTH KOREA
LIST OF CONTENTS AND TABLES
Hand-made Vs Machine Manufactured Splits
New Product Developments
Table 1 Sales of Cigars by Category: Volume 2008-2013
Table 2 Sales of Cigars by Category: Value 2008-2013
Table 3 Sales of Cigars by Category: % Volume Growth 2008-2013
Table 4 Sales of Cigars by Category: % Value Growth 2008-2013
Table 5 Sales of Cigars by Handmade vs Machine-manufactured: % Volume Breakdown 2008-2013
Table 6 Sales of Cigars by Handmade vs Machine-manufactured: % Value Breakdown 2008-2013
Table 7 NBO Company Shares of Cigars Excluding Cigarillos: % Volume 2009-2013
Table 8 LBN Brand Shares of Cigars Excluding Cigarillos: % Volume 2009-2012
Table 9 NBO Company Shares of Cigarillos: % Volume 2009-2013
Table 10 LBN Brand Shares of Cigarillos: % Volume 2009-2012
Table 11 Distribution of Cigars by Format: % Volume 2008-2013
Table 12 Forecast Sales of Cigars by Category: Volume 2013-2018
Table 13 Forecast Sales of Cigars by Category: Value 2013-2018
Table 14 Forecast Sales of Cigars by Category: % Volume Growth 2013-2018
Table 15 Forecast Sales of Cigars by Category: % Value Growth 2013-2018
Tobacco Market Continues Showing Negative Growth in 2013
Popularity of Capsule Cigarettes Is Leading Trend of Tobacco Market
New Regulation Will Take Effect From 2015
Kt&g Corp Shows Strong Performance in South Korea
Tobacco Market To Continue Seeing Retail Volume Declines Over the Forecast Period
Summary 1 Legislation Summary at a Glance
Minimum Legal Smoking Age
Table 16 Smoking Prevalence in Adult Population 2008-2013
Table 17 Number of Adult Smokers by Gender 2008-2013
Advertising and Sponsorship
Point-of-sale Display Bans
Smoking in Public Places
Low Ignition Propensity (lip) Regulation
Flavoured Tobacco Product Ban
Death by Cause
Table 18 Death by Cause 2009-2013
Taxation and Pricing
Duty-paid Packet Marks
Table 19 Average Cigarette Pack Price Breakdown: Brand Examples
Average Cigarette Pack Price Breakdown
Illicit Trade in Cigarettes
Table 20 Illicit Trade Estimate of Cigarettes: Volume 2008-2013
Table 21 Sales of Tobacco by Category: Volume 2008-2013
Table 22 Sales of Tobacco by Category: Value 2008-2013
Table 23 Sales of Tobacco by Category: % Volume Growth 2008-2013
Table 24 Sales of Tobacco by Category: % Value Growth 2008-2013
Table 25 Forecast Sales of Tobacco by Category: Volume 2013-2018
Table 26 Forecast Sales of Tobacco by Category: Value 2013-2018
Table 27 Forecast Sales of Tobacco by Category: % Volume Growth 2013-2018
Table 28 Forecast Sales of Tobacco by Category: % Value Growth 2013-2018
Summary 2 Research Sources
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