Cigarettes - Philippines
Philippines- In 2024, the revenue in the Cigarettes market in the Philippines amounts to US$6.6bn.
- It is projected to grow annually by 2.26% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, with US$283bn in 2024.
- In terms of per person revenues, in the Philippines generates US$68.91 in 2024.
- By 2029, the volume in the Cigarettes market is expected to reach 39.2bn pieces.
- However, there is a projected volume growth decline of -0.9% in 2025.0.
- On average, each person in the Philippines is expected to consume 471.4pieces cigarettes in 2024.
- The Philippines is experiencing a growing demand for low-cost cigarettes, driven by price-sensitive consumers.
- Key regions:
- Singapore,
- China,
- Worldwide,
- Germany,
- United States
Definition:
The Cigarettes segment includes finished (filtered) Cigarettes that along with tobacco can contain additional flavourings or substitutes (e.g. coarsely ground cloves). Tobacco for rolling cigarettes is considered separately and is not included in this segment. The five most important producers worldwide are the China National Tobacco Corporation, Philip Morris International (PMI), British American Tobacco (BAT), Japan Tobacco International (JTI) and Imperial Tobacco.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, and sales channels. To give a better representation of per capita figures, the population considered is 15 years and above. The price per unit denotes the cost of a single cigarette.
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In-Scope
- (Filtered) Cigarettes such as Marlboro Reds, Marlboro Golds, Camel Blues, etc
Out-Of-Scope
- Untaxed Cigarettes such as illicit cigarettes
- Smoking Tobacco (RYO, pipe tobacco) such as Marlboro Gold Fine Cut Hand Rolling Tobacco, Gold Leaf Hand Rolling Tobacco, etc
- Cigars and cigarillos such as Davidoff Nicaragua Diadema, Rock Patel Sixty Sixty, etc
