Philippines Cigarettes Market by Segments, Production, Distribution, Tax and Pricing, Competitive Landscape and Forecast to 2027
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Philippines Cigarettes Market Report Overview
The Philippines cigarette market size was PHP473.3 billion ($4.92 billion) in 2022. The market is anticipated to garner a CAGR of more than 1% from 2022 to 2027. South Korea was the leading exporter of the Philippines cigarettes in 2022, and Russia was a major importer of cigarettes to the Philippines.
Philippines Cigarettes Market Outlook 2022-2027 (PHP Billion)
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The Philippines 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 the Philippines.
Market Size (2022) | PHP473.3 billion |
CAGR (2022-2027) | >1% |
Key Segments | · Filter Cigarettes
· Plain Cigarettes |
Key Distribution Channels | · Tobacco Specialists
· Convenience Stores · Hypermarkets & Supermarkets · Cash & Carries and Warehouse Clubs |
Leading Companies | · Philip Morris International Inc
· Japan Tobacco Inc · British American Tobacco Plc |
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Philippines Cigarettes Market Segments
The key sectors in the Philippines cigarette market are filter cigarettes and plain cigarettes. In 2022, the filter cigarettes segment held the largest share of the Filipino cigarette market and is anticipated to register the fastest CAGR growth during the projected period.
Philippines Cigarettes Market Analysis by Segments, 2022 (%)
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Philippines Cigarettes Market Segmentation by Distribution Channel
The key distribution channels in the Philippines cigarette market are tobacco specialists, convenience stores, hypermarkets & supermarkets, and cash & carries and warehouse clubs among others. In 2022, tobacco specialists was the leading distribution channel, followed by convenience stores, and hypermarkets & supermarkets.
Philippines Cigarettes Market Analysis by Distribution Channel, 2022 (%)
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Philippines Cigarettes Market – Competitive Landscape
The leading companies in the Philippines cigarette market are Philip Morris International Inc, Japan Tobacco Inc, and British American Tobacco Plc among others. In 2022, Philip Morris International Inc. accounted for the largest share of the Philippines cigarette market.
Philippines Cigarettes Market Analysis by Companies, 2022 (%)
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Segments Covered in the Report
Philippines Cigarette Segment Outlook (Value, PHP Billion, 2017-2027)
- Filter Cigarette
- Plain Cigarette
Philippines Cigarette Distribution Channel Outlook (Market Share, %, 2017-2022)
- Tobacco Specialists
- Convenience Stores
- Hypermarkets & Supermarkets
- Cash & Carries and Warehouse Clubs
Scope
The Philippines cigarette market report includes an analysis of the following:
Market Context: The report provides a comparative analysis of the value shares of the Philippines in the Asia-Pacific and global cigarettes category. Additionally, the per capita expenditure of cigarettes in the Philippines is also compared with the Asia-Pacific and global levels.
Market Size and Structure: The report offers an overview of the growth at a category level and provides an analysis of cigarettes by value, volume, and CAGR for the period 2017–27. The section also includes a value analysis of segments and a value and volume analysis of sub-segment segments under the cigarettes category for the period 2017–27.
Production and Trade: It covers the production, imports, and exports of the country in the cigarette category.
Taxation and Prices: It covers taxation and prices in the country and effects in the cigarette category.
Retail Distribution: It analyzes the leading distribution channels at the category level in 2022. The consumer 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.
Manufacturers and Brands: The report provides an analysis of leading companies by category in 2022 and analyzes the market share.
Smoking Population: The report covers the consumption of cigarettes by gender in the Philippines.
Operating Constraints: The report covers the impact of policies and regulations on the cigarette category in the Philippines.
Prospects and Forecasts: The report covers forecast analysis of categories in the cigarettes category.
Macroeconomic analysis: The report also provides an outlook on macroeconomic indicators in the Philippines, 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 2017–27. Distribution channel and company data are for 2022.
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
Table
Figures
Frequently asked questions
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What was the Filipino cigarette market size in 2022?
The Filipino cigarette market size was PHP473.3 billion ($4.92 billion) in 2022.
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What is the CAGR of the Filipino cigarette market during 2022-2027?
The market is anticipated to garner a CAGR of more than 1% from 2022 to 2027.
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Which was the leading segment of the Filipino cigarette market in 2022?
In 2022, the filter cigarettes segment held the largest share of the Filipino cigarette market.
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Which was the leading distribution channel of the Filipino cigarette market in 2022?
In 2022, tobacco specialists was the leading distribution channel of the Filipino cigarette market.
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Which are the leading companies in the Filipino cigarette market?
Philip Morris International Inc, Japan Tobacco Inc, and British American Tobacco Plc among others are the leading companies in the Filipino cigarette market.
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