Cigars in Singapore

Feb 23, 2015 - Euromonitor International - 23 pages - USD $900
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Cigars used to be a niche product in Singapore and popular among older, affluent consumers, the majority of whom were male. Cigars were viewed as a luxury product and a status symbol. Cigars were also a common sight among expatriates and hotel guests, as smoking cigars was popular and common in their home countries.

Competitive Landscape

Corporación Habanos SA led cigars with a 41% retail volume share in 2013. This was largely due to the popularity of its brand, Cohiba, which achieved a 32% retail volume share in cigars excluding cigarillos in 2013. Its brand Montecristo accounted for an 18% retail volume share in cigarillos in 2013.

Industry Prospects

Cigars are expected to maintain their popularity in Singapore over the forecast period. They are expected to be increasingly popular among young adult consumers, who view them as a novel offering and a status symbol. To cater to consumers’ demands, more bars and clubs are likely to offer cigars at their premises.

Report Overview

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

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

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About the Publisher
Euromonitor International is a world leading independent provider of business intelligence on industries, countries and consumers. Their business intelligence products include award-winning online information databases, market reports and business reference books. Founded in 1972, Euromonitor International is a privately owned company with offices in London, Chicago, Singapore, Shanghai and Vilnius. Euromonitor has a team of over 600 in-country analysts worldwide, giving them a unique capability to deliver high quality and reliable business information.