Hong Kong Cigarettes Market by Segments, Production, Distribution, Tax and Pricing, Competitive Landscape and Forecast to 2027

Hong Kong Cigarettes Market Report Overview

The Hong Kong cigarette market size was HKD12.3 billion ($1.6 billion) in 2022. The market is anticipated to decline at a CAGR of less than 1% during 2022-2027. The Hong Kong cigarettes market research report brings together multiple data sources to provide a comprehensive category-wise overview of per capita consumption and production of cigarettes in the country.

Hong Kong Cigarettes Market Outlook 2022-2027 (HKD Billion)

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The Hong Kong cigarettes market research report offers data that showcase the trends in the market and sectors by value and volume. It provides historical and forecast period data for total cigarette sales in the country. The report also reveals the brand leaders by market share in 2022 in Hong Kong.

Hong Kong Cigarettes Market Segments

The key segment in the Hong Kong cigarette market is filter cigarettes. This segment can be further sub-segmented into filter cigarettes 100s, filter cigarettes 120s, and filter cigarettes king-size, among others. Filter cigarettes king-size had the highest value share in the Hong Kong filter cigarette market in 2022.

Hong Kong Filter Cigarettes Market Analysis by Sub-Segments, 2022 (%)

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Hong Kong Cigarettes Market Segmentation by Distribution Channels

The key distribution channels in the Hong Kong cigarettes market are convenience stores, hypermarkets & supermarkets, tobacco specialists, and e-retailers, among others. In 2022, convenience stores was the leading distribution channel, hypermarkets & supermarkets, and tobacco specialists.

Hong Kong Cigarettes Market Analysis by Distribution Channels, 2022 (%)

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Hong Kong Cigarettes Market – Competitive Landscape

A few of the leading companies in the Hong Kong cigarettes market are:

• Philip Morris International
• Japan Tobacco
• British American Tobacco
• Shangai Industrial Holding

In 2022, Philip Morris International accounted for the highest share of the Hong Kong cigarettes market.

Hong Kong Cigarettes Market Analysis by Companies, 2022 (%)

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Segments Covered in the Report

Hong Kong Cigarette Segment Outlook (Value, HKD Billion, 2017-2027)

• Filter Cigarettes
  • Filter cigarettes 100s
  • Filter cigarettes 120s
  • Filter cigarettes king size
  • Other filter cigarettes

Hong Kong Cigarette Distribution Channel Outlook (Value, HKD Billion, 2017-2027)

• Convenience Stores
• Hypermarkets & Supermarkets
• Tobacco Specialists
• E-retailers

Scope

The Hong Kong cigarette market report includes:

• Market Size and Structure: The report offers an overview of the growth of the market at a category level and provides an analysis of the cigarettes category. This category is analyzed by value, volume, and CAGR for the period 2017-2027. The section also includes value analysis of segments as well as value and volume analysis of sub-segments under the category for the period 2017–2027.
• Production and Trade: Provides analysis on per capita expenditure of cigarettes in Hong Kong, by category, compared to the Asia-Pacific and global markets. The report provides further analysis on the leading distribution channels at the category level in 2022. The consumer category reports cover the following eight distribution channels: Cash & carries and warehouse clubs, convenience stores, department stores, e-retailers, hypermarkets & supermarkets, cigarettes specialists, vending machines, and other general retailers.
• Taxation: It covers the taxation landscape in the country and its effects on the cigarettes market.
• Manufacturers and Brands: The report provides an analysis of leading companies by category in 2022 and analyzes the market share and growth of private labels in the category.
• The Smoking Population: The report covers the consumption of cigarettes by gender in Hong Kong.
• Operating Constraints: The report covers the impact of policies and regulations on cigarettes in Hong Kong.
• Prospects and Forecasts: The report covers forecast analysis of categories in the cigarettes market.
• Macroeconomic analysis: The report also provides an outlook on macroeconomic indicators in Hong Kong, 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 2017-2027. Distribution channel data is for 2022, and company data is included for 2022.

Key Highlights

• Per capita expenditure on cigarettes was higher in Hong Kong than at both the global and regional levels in 2022.
• The ‘filter cigarettes king size’ is the largest sub-segment in both value and volume terms, in 2022.
• Hong Kong imports majority of its cigarettes from South Korea.
• Convenience stores was the leading distribution channel in the cigarettes category.
• On per unit basis, Musthave brand offered the most expensive cigarettes in 2022.
• Philip Morris International was the leading company in the cigarettes category.

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 in effective marketing planning. The differing growth rates in regional product sales drive fundamental shifts in the market.
• Understand the market dynamics and essential data to benchmark your position and identify where to compete in the future.