New Consumer Goods market report from Euromonitor International: "Cigars in Pakistan"

Boston, MA -- (SBWire) -- 11/28/2014 --The market for cigars is very small in Pakistan given the huge numbers of smokers in the country. It is limited to a small market niche which consists of people from upper-income classes who live in urban cities like Karachi, Lahore and Islamabad. The majority of cigar smokers are men over the age of 30. However, with the introduction of cigar lounges and caf?s, teens and tweens have also started smoking cigars whilst hanging out at these caf?s. The sale and consumption of cigars remain unaffected by anti-cigarette smoking laws in the country.

Competitive Landscape
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Imperial Tobacco dominates in cigars with a 67% retail volume share in 2013 on the strength of its Phillies brand. SS Alliance International is the second leading player in cigars. It is the exclusive distributor of Corporaci?n Habanos brands Cohiba and Montecristo in Pakistan; together those brands accounted for 32% of retail volume sales in 2013.

Industry Prospects
Retail volume sales of cigars are expected to grow at a CAGR of 3% over the forecast period to reach 500,000 units. The market is still immature and is growing. The increase of cigar lounges is likely to positively impact the market growth.

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

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

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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Browse all Consumer Goods research reports at Fast Market Research

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