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Cigars and Cigarillos in Belgium and Luxembourg, 2017

  • March 2017
  • 124 pages
  • GlobalData
Report ID: 3713765

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Cigars and Cigarillos in Belgium and Luxembourg, 2017

Summary

"Cigars and Cigarillos in Belgium and Luxembourg, 2017" is an analytical report by Canadean that provides extensive and highly detailed current and future market trends in the Belgium and Luxembourg markets. The report offers Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise.

Cigars & Cigarillos volumes have continued their downward spiral since 2005 with both competition from other tobacco products and fewer opportunities to smoke affecting demand. Despite the recent fall in cigar and cigarillo sales across Belgium and Luxembourg, this combined market still registers relatively high rates of per capita consumption. As of 2015 per capita sales registered 34.7 pieces per annum, which is high by world standards. Both cigar and cigarillo sales are forecast to fall back significantly over the next ten years.

Scope
- The UEBL cigar and cigarillo market supports a number of companies, although recent events have served to concentrate the industry in fewer hands.
- The most recent of these was the acquisition of Verellen, then the number two in the market, by market leader Scandinavian Tobacco Group (STG) in August 2014.
- As of 2015 the main contenders in the market were STG, Agio, and J Cortès.
- The UEBL market for cigars and cigarillos is in a period of long term decline and this is expected to continue throughout the forecast period.

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 to identify where to compete in the future.

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