Philippines Cigarettes Market Analysis and Forecast by Segments, Distribution Channel, Competitive Landscape and Consumer Segmentation, 2021-2026
Summary
This report brings together multiple data sources to provide a comprehensive overview of the tobacco sector in Philippines, as part of GlobalData’s global coverage of the sector.
The Filipino cigarette category is expected to grow at 11.7% over 2021-2026. Cigarettes are heavily taxed and have become a major source of revenue for the Filipino Government. Sales are forecast to decline over the coming decade amidst the introduction taxes by the government and other strict measures to discourage consumption of tobacco products.
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