Hong Kong Cigarettes - Market Assessment and Forecasts to 2027

Hong Kong Cigarettes - Market Assessment and Forecasts to 2027

Summary

The Hong Kong cigarettes category is expected to register a positive value CAGR over 2022-27. Filter cigarettes is the largest segment during 2022. Convenience stores is the leading channel for the distribution of cigarettes in the country. Philip Morris International, Japan Tobacco, British American Tobacco International are the top companies in the Hong Kong cigarettes category.

This report brings together multiple data sources to provide a comprehensive overview of the cigarettes category in Hong Kong, as part of GlobalData’s global coverage of the category. It includes analysis on the following

Market Context: The report provides comparative analysis of the value shares of Hong Kong in the Asia-Pacific and global cigarettes category. Additionally, the per capita expenditure of cigarettes in Hong Kong also compared with the Asia-Pacific and global levels.

Market Size and Structure : The report offers an overview of the growth at a category level and provides analysis of cigarettes category. This categoy is analyzed by value, volume, and CAGR for the period 2017-27. The section also includes value analysis of segments, value and volume analysis of sub-segments segments under category for the period 2017-2027.

Production and Trade: Provides analysis on per capita expenditure of cigerattes in Hong Kong, by category, compared to the Asia Pacific and global markets. Further, analysis on the leading distribution channels at category level in 2022. The consumer category reports cover the following eight distribution channels: cash & carries and warehouse clubs, convenience stores, department stores, e-retailers, hypermarkets & supermarkets, cigarettes specialists, vending machines, and other general retailers.

Taxation : It covers taxation landscape in the country and effects in the cigarettes category

Manufacturers and Brands: The report provides analysis on leading companies by category in 2022 and analyzes the market share and growth of private label in the category.

The Smoking Population: The report covers consumption of cigarettes by gender in Hong Kong.

Operating Constraints: The report cover the impact of policies and regulation on cigarettes category in Hong Kong.

Prospects and Forecasts: The report covers forecast analysis of categories in the cigarettes category

Macroeconomic analysis: The report also provides an outlook on macroeconomic indicators in Hong Kong, with a detailed summary of the economy, labor market, and demographics.

Time period: The report provides category value and volume data, including category level data for the period 2017-27. Distribution channel data is of 2022, and company data is included for 2022.

Scope

• Per capita expenditure on cigarettes was higher in Hong Kong than at both the global and regional levels in 2022
• The ‘filter cigarettes king size’ is the largest sub-segment in both value and volume terms, in 2022
• Hong Kong imports majority of its cigarettes from South Korea
• Convenience stores was the leading distribution channel in the cigarettes category
• On per unit basis, Musthave brand offered the most expensive cigarettes in 2022
• Philip Morris International was the leading company in the cigarettes category

Reasons to Buy

• Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market. Identify the areas of growth and opportunities, which will aid effective marketing planning. The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes - prime intelligence for marketers. Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.