Recently published research from Euromonitor International, "Cigars in Belarus", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 01/21/2015 -- There is no tradition of smoking cigars or cigarillos in Belarus. Cigars and cigarillos remain expensive and unaffordable for the majority of Belarusian consumers, being perceived as luxury products. Awareness of the products is still relatively low among the majority of Belarusians. Some consumers choose cigars and cigarillos only for the purpose of trying something new, but not as a regular part of daily tobacco consumption. Trade representatives state that these products are often chosen by tourists who visit Minsk, the capital of Belarus. Cigars excluding cigarillos are also in growing demand in casinos in Minsk, which increased in number over the review period after they were closed in Moscow.
Cigars are 100% imported products because domestic companies do not produce them. Since 1 January 2008 when the rules for tobacco imports were changed, all tobacco imports have been curried out via just one state-owned company: Belarustorg RUE. The private company DelfiDealing, previously involved in product imports, remains active only in distribution.
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The category is forecast to grow by a 16% CAGR in volume terms over the forecast period. Growth will be supported by the still low base and low penetration of cigars and cigarillos in Belarus, as well as the increasing number of casinos in Belarus. Additionally, in May 2014 Minsk will host the World Ice Hockey Championship, with a vast increase in the number of tourists and sporting enthusiasts expected, which will also help sales to grow. As over the review period, the vast majority of sales volume will be held by cigarillos.
Discover the latest market trends and uncover sources of future market growth for the Cigars industry in Belarus with research from Euromonitor's team of in-country analysts.
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If you're in the Cigars industry in Belarus, our research will save you time and money while empowering you to make informed, profitable decisions.
The Cigars in Belarus 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 Belarus?
- What are the major brands in Belarus?
- What are the main distribution channels for cigars in Belarus and which are performing well?
- What is the proportion of hand-made versus machine manufactured cigars in Belarus?
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