Cigars and Cigarillos in Denmark, 2018
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Overview
"Cigars and Cigarillos in Denmark, 2018", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Danish tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2027.
Denmark has long been an established market for cigar products despite consumption being in almost continuous decline until very recently. Small cigars and cigarillos is the largest sector within the market, with noticeable strengthening in its profile since 2007. Cigar production grew following ST's purchase of Imperial Tobacco Canada's cigar business from BAT.
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Major Key Players:
STG
MacBaren
PMI
Von Eicken
Ritmeester
Cigars and Cigarillos Industry Major Outlook
- Cigars and cigarillos accounted for just 2% of volumes in the Danish tobacco market in 2017
- The Danish cigar and cigarillo market has declined after its' brief revival to a new low of 62.3 million pieces
- Denmark is a major exporter of cigars and cigarillos, with export levels actually being above production levels due to re-exports
- The clear leader of cigar and cigarillo market is the Scandinavian Tobacco Group Denmark (STG).
Cigars and Cigarillos - Competitive Analysis
Key players are making innovative developments in Cigars and Cigarillos industry. The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
Scope
- 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 to identify where to compete in the future.
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