Vietnam Cigarettes - Market Assessment and Forecasts to 2028

Vietnam Cigarettes - Market Assessment and Forecasts to 2028

Summary

The Vietnamese cigarettes category accounted for a value share of 0.8% and 1.4%, respectively, in the global and Asia-Pacific markets in 2023. Per capita expenditure of cigarettes stood at $67.2 in 2023 in Vietnam, which was lower than the global level ($110) and regional ($113.7) levels. Smoking prevalence in Vietnam stood at 23% in 2023, with 45.8% men and 1% women categorized as smokers.

Key Highlights

• Per capita expenditure of cigarettes was lower in Vietnam than the global and regional levels in 2023
• Poland was the leading exporter of cigarettes to Vietnam
• Vietnam exports the majority of its cigarettes to Nigeria
• Tobacco specialists was the leading distribution channel in the cigarettes category in Vietnam
• Vietnam National Tobacco Corporation was the leading company in the cigarettes category

Scope

This report brings together multiple data sources to provide a comprehensive overview of the cigarettes category in Vietnam, 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 Vietnam in the Asia-Pacific and global cigarettes category. Additionally, the per capita expenditure of cigarettes in Vietnam is 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 for cigarettes by value, volume, and CAGR for the period 2018-28. The section also includes value analysis of segments, value and volume analysis of sub-segments segments under cigarettes category for the period 2018-28.
• Production and Trade: It covers production, imports, and exports of the country in the cigarettes category.
• Taxation and Prices: It covers taxation and prices in the country and effects in the cigarettes category.
• Retail Distribution: It analyzes the leading distribution channels at category level in 2023. The consumer reports cover the following distribution channels: tobacco specialists, convenience stores, hypermarkets & supermarkets, cash & carries & warehouse clubs, department stores, and other general retailers.
• Manufacturers and Brands: The report provides analysis on leading companies by category in 2023 and analyzes the market share.
• Smoking Population: The report covers consumption of cigarettes by gender in Vietnam.
• Operating Constraints: The report cover the impact of policies and regulation on cigarettes category in Vietnam.
• 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 Vietnam, 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 2018-28. Distribution channel and company data is of 2023.

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 identify where to compete.