Over the forecast period, the cigars category is projected to see stronger volume growth corresponding to rising demand from affluent consumers. Some consumers see smoking cigars as a way to assert their social position.
In 2023, the expansion of cigars was threatened by the presence of illicit products. The limited variety of cigars available in Vietnam sometimes encourages Vietnamese consumers to search for greater diversity amongst illicit products.
Over the forecast period, the presence of cigarillos is expected to remain negligible in the Vietnamese market, as there is little interest or demand from consumers. Typically, most cigars in Vietnam tend to be of a larger size.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cigars, Cigarillos and Smoking Tobacco industry in Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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