Though the tobacco industry in the Philippines is seeing massive declines in cigarettes purchased through retail, there is still a positive and stable forecast for cigars and cigarillos, and the category’s niche market will remain beneficial for incumbent players. The anticipated economic recovery is set to support sustained volume growth for the category.
While cigar smoking is linked to older generations, young adults who go to foodservice establishments with cigar offerings may see the appeal of trying cigars. Consumers under 35 years old but old enough to smoke, legally, may be drawn to sophistication of cigar smoking, even though this age group tends to find e-vapour products more appealing.
With cigar stores and tobacco specialists not operating optimally, e-commerce became more important to cigars and cigarillos during the COVID-19 crisis. Key players such as Tabacalera and Tabaqueria have developed their online websites to be an important sales channel but have also partnered with other tobacco specialists and alcoholic drinks specialist retailers selling online.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Philippines 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.
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Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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