Boston, MA -- (SBWIRE) -- 02/06/2015 -- The tradition of cigar and cigarillo smoking in Georgia is rather lower compared to the tradition of cigarette smoking. Cigars and cigarillos are comparably new in Georgian smoking culture and at the same time the price per unit is much higher, so that the low-income population cannot afford to acquire these products.

Competitive Landscape

Key players in cigars in Georgia during 2013 were Altadis SA, Johann Wilhelm Von Eicken GmbH, Agio Cigars, Henri Wintermans Cigars and Corporaci?n Habanos SA. Altadis SA remained among the leading players in cigars due to its top position in cigars excluding cigarillos; however, the company is not as strong in cigarillos. The company has been the leading player in cigars excluding cigarillos in Georgia for a long time and it was one of the pioneers in terms of selling cigars in Georgia. During 2013, Altadis introduced Phillies Chocolate, which features a chocolate aroma. Altadis? Phillies cigar brand maintained its leading position in cigars excluding cigarillos in Georgia in 2013. Georgia?s leading cigar distributors tend to prefer to distribute the brands of the leading foreign manufacturers of cigars and cigarillos.

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Industry Prospects

Volume sales of cigars excluding cigarillos will increase by CAGR of 7% during the forecast period. A lower growth in volume sales, compared to the review period, is predicted due to the low popularity of these products Georgia. Correspondingly, there is still room for growth.

Report Overview

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

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

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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