Philippines Cigarettes Market Analysis and Forecast by Segments, Distribution Channel, Competitive Landscape and Consumer Segmentation, 2021-2026
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Philippines Cigarettes Market Report Overview
The Philippines tobacco market size was PHP410.9 billion ($8.3 billion) in 2021. The market is expected to register a CAGR of more than 11% during 2021-2026. Per capita expenditure of tobacco in the Philippines increased during 2016-2021 period, however, it remained lower than both the global level and the regional level (Asia-Pacific market). Likewise, the per capita expenditure on tobacco products in Philippines is expected to grow by more than 50% by 2026 in comparison to 2021. The Philippines tobacco market research report provides a comprehensive overview of the tobacco sector in the Philippines.
Philippines Tobacco Products Market Overview
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The Philippines Tobacco Market Segmentation by Category
The key category in the Philippines tobacco market is cigarettes. While the value share of this category will increase, the volume share will see a decline during the 2021-2026 period. It can be segmented into filter cigarettes and plain cigarettes.
Filter Cigarettes: The larger segment of the cigarettes category is filter cigarettes, it is further divided into filter cigarettes 100s, filter cigarettes 120s, filter cigarettes king size, filter cigarettes regular and other filter cigarettes. Filter cigarettes king size is the largest sub-segment with the highest value and volume share.
Plain Cigarettes: This category can be divided into plain cigarettes regular and the other plain cigarettes category.
Philippines Tobacco Market Analysis, by Category
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Philippines Tobacco Market Segmentation by Distribution Channel
The key distribution channels in the Philippines tobacco market are convenience stores, hypermarkets & supermarkets, tobacco specialists, cash & carries & warehouse clubs, and department stores. Tobacco specialists were the leading distribution channel in the cigarettes category in 2021.
Philippines Tobacco Market Analysis, by Distribution Channels
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Competitive Landscape
The leading companies in the Philippines tobacco market are Philip Morris International Inc., British American Tobacco Plc, and Japan Tobacco Inc. Philip Morris International Inc. was the largest manufacturer for cigarettes in the Philippines in 2021.
Philippines Tobacco Market Analysis, by Leading Companies
To know more about leading tobacco companies in Philippines cigarettes market, download a free report sample
Philippines Tobacco Market Overview
Market Size 2021 | PHP410.9 billion ($8.3 billion) |
CAGR (2021-2026) | > 11% |
Key Segments of Cigarette Category | Plain Cigarettes and Filter Cigarettes |
Key Distribution Channels | Convenience Stores, Hypermarkets & Supermarkets, Tobacco Specialists, Cash & Carries & Warehouse Clubs and Department Stores |
Leading Companies | Philip Morris International Inc., British American Tobacco Plc, and Japan Tobacco Inc |
Scope
The report provides:
- An overview of the growth at a sector level and provides an analysis of four categories: cigarettes. These categories are analyzed by value, volume, and CAGR for the period 2016-2026. The section also includes value analysis of segments, value, and volume analysis of sub-segments segments under each category for the period 2016-2026.
- Analysis of the leading distribution channels at category level in 2021. The consumer sector reports cover the following eight distribution channels: cash & carries and warehouse clubs, convenience stores, department stores, e-retailers, hypermarkets & supermarkets, tobacco specialists, vending machines, and other general retailers.
- Covers the taxation landscape in the country and its effects on the tobacco sector.
- Provides analysis of leading companies by category in 2021 and analyzes the market share and growth of private labels in each category.
- Covers consumption of tobacco by gender in the Philippines.
- Cover the impact of policies and regulations on the tobacco sector in the Philippines.
- Covers forecast analysis of categories in the tobacco sector.
- Provides an outlook on macroeconomic indicators in the Philippines, with a detailed summary of the economy, labor market, and demographics.
- Provides sector value and volume data, including the category and sector-level data for the period 2016-2026.
Key Highlights
- Per capita expenditure of tobacco was lower in Philippines compared to both the global and regional levels, in 2021
- Philip Morris International Inc was the leading company in the Philippines Tobacco sector
- Tobacco specialists were the leading distribution channel 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 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 in the future.
Table of Contents
Frequently asked questions
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What was the Philippines tobacco market size in 2021?
The tobacco market size in the Philippines was PHP410.9 billion ($8.3 billion) in 2021.
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What is the Philippines tobacco market growth rate?
The tobacco market in Philippines is expected to register a CAGR of more than 11% during 2021-2026.
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What are the key segments of the cigarettes category Philippines tobacco market?
The key segments in cigarette category in the Philippines tobacco market are filter cigarettes and plain cigarettes.
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What are the key distribution channels of the Philippines tobacco market?
The key distribution channels in the Philippines tobacco market are convenience stores, hypermarkets & supermarkets, tobacco specialists, cash & carries & warehouse clubs, and department stores.
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Which are the leading companies in the Philippines tobacco market?
The leading tobacco companies in the Philippines are Philip Morris International Inc., British American Tobacco Plc, and Japan Tobacco Inc.
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