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The Clove Cigarettes Market in APAC, 2019-2023 - Key Players are British American Tobacco, Djarum, Gudang Garam, Japan Tobacco, KT&G and Philip Morris International Management - ResearchAndMarkets.com

January 4, 2019

DUBLIN--(BUSINESS WIRE)--Jan 4, 2019--The “Clove Cigarettes Market in APAC 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The clove cigarettes market in APAC will register a CAGR of almost 5% by 2023.

Growing influence of online retailing to drive growth in the market

With the growth of e-commerce businesses worldwide, the vendors have the potential to enhance their profitability. Consumers prefer online shopping and pay for their orders using credit or debit card, which saves time and avoid long queues.

Increasing number of new product launches

The increasing number of new and innovative product launches has boosted the global cigarette market in APAC over the last five years.

Increasing taxes on tobacco products in ASEAN countries

The growing value of different types of taxes such as excise tax, VAT, and cigarette tax in APAC, especially in ASEAN countries, has been a major concern for vendors, since it adversely affects their profit margins.

Key Players

British American Tobacco Djarum Gudang Garam Japan Tobacco KT&G Philip Morris International Management

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

Market segmentation by product Comparison by product Machine-made clove cigarettes - Market size and forecast 2018-2023 Hand-rolled clove cigarettes - Market size and forecast 2018-2023 Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation Geographic comparison Indonesia - Market size and forecast 2018-2023 Malaysia - Market size and forecast 2018-2023 Singapore - Market size and forecast 2018-2023 India - Market size and forecast 2018-2023 Rest of APAC - Market size and forecast 2018-2023 Key leading countries Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

Rising consumption of clove cigarettes among the young demographics Shifting consumer preferences toward flavored cigarettes Growing influence of online retailing

PART 11: VENDOR LANDSCAPE

Overview Landscape disruption Competitive scenario

PART 12: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors British American Tobacco Djarum Gudang Garam Japan Tobacco KT&G Philip Morris International Management

For more information about this report visit https://www.researchandmarkets.com/research/k9svrr/the_clove?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005373/en/

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Related Topics:Tobacco

KEYWORD: ASIA PACIFIC

INDUSTRY KEYWORD: RETAIL TOBACCO

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/04/2019 10:55 AM/DISC: 01/04/2019 10:55 AM

http://www.businesswire.com/news/home/20190104005373/en

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