Singapore Cigarettes Market by Segments, Production, Distribution, Tax and Pricing, Competitive Landscape and Forecast to 2027
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Singapore Cigarettes Market Report Overview
The Singapore cigarette market size was SGD1.9 billion ($1.4 billion) in 2022. The market is anticipated to decline at a CAGR of less than 1% during 2022-2027.
Singapore Cigarettes Market Outlook 2022-2027 (SGD Billion)
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The Singapore 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 Singapore.
Market Size (2022) | SGD1.9 billion ($1.4 billion) |
CAGR (2022-2027) | >(1)% |
Historical Period | 2017-2022 |
Forecast Period | 2023-2027 |
Key Segments | · Filter Cigarettes |
Key Distribution Channels | · Convenience Stores
· Hypermarkets & Supermarkets · Tobacco Specialists · Department Stores |
Leading Companies | · Philip Morris International
· British American Tobacco · Japan Tobacco International |
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Singapore Cigarettes Market Segments
The key segment in the Singapore 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 Singapore filter cigarette market in 2022.
Singapore Filter Cigarettes Market Analysis by Sub-Segments, 2022 (%)
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Singapore Cigarettes Market Segmentation by Distribution Channels
The key distribution channels in the Singapore cigarettes market are convenience stores, hypermarkets & supermarkets, tobacco specialists, and department stores, among others. In 2022, convenience stores was the leading distribution channel.
Singapore Cigarettes Market Analysis by Distribution Channels, 2022 (%)
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Singapore Cigarettes Market – Competitive Landscape
A few of the leading companies in the Singapore cigarettes market are:
- Philip Morris International Inc.
- Japan Tobacco Inc.
- British American Tobacco Plc
In 2022, Philip Morris International Inc. accounted for the largest share of the Singapore cigarette market.
Singapore Cigarettes Market Analysis by Companies, 2022 (%)
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Segments Covered in the Report
Singapore Cigarette Segment Outlook (Value, SGD Billion, 2017-2027)
- Filter Cigarettes
- Filter cigarettes 100s
- Filter cigarettes 120s
- Filter cigarettes king size
- Other filter cigarettes
Singapore Cigarette Distribution Channel Outlook (Value, SGD Billion, 2017-2027)
- Convenience Stores
- Hypermarkets & Supermarkets
- Tobacco Specialists
- Department Stores
Scope
The Singapore 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 Singapore, by category, compared to the Asia-Pacific and global markets. Further, analysis of 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 Singapore.
- Operating Constraints: The report covers the impact of policies and regulations on cigarettes in Singapore.
- 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 Singapore, 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 consumption of cigarettes was lower in Singapore than both the global and regional levels in 2022.
- Imports of cigarettes in Singapore registered a decrease in 2022.
- Singapore exports the highest number of cigarettes to Vietnam.
- Convenience stores were the leading distribution channel in the cigarette
- Philip Morris International Inc. was the leading company in the cigarette 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.
- 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 Singapore cigarette market size in 2022?
The Singapore cigarette market size was SGD1.9 billion ($1.4 billion) in 2022.
-
What is the Singapore cigarette market growth rate?
The Singapore cigarette market is anticipated to decline at a CAGR of less than 1% during 2022-2027.
-
Which was the leading distribution channel of the Singapore cigarette market in 2022?
In 2022, convenience stores was the leading distribution channel of the Singapore cigarette market.
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Which are the key companies in the Singapore cigarette market?
A few of the key companies in the Singapore cigarettes market are Philip Morris International, British American Tobacco, and Japan Tobacco International.
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