Luxury Cigars in China

Feb, 2014   |   18  Pages   |   Euromonitor   |   Format : PDF

Luxury cigars experienced slightly decelerating current value growth of 7% in 2013, compared with 8% in 2012. This was mainly due to the implementation of the anti-corruption policies promulgated in 2012. According to trade sources, growth had already slowed down from the beginning of 2013, as during the traditional peak sales period of Chinese New Year, sales were far from expectations. Meanwhile, luxury cigars were still not well-accepted by many local smokers, owing to their big size and...

Luxury Cigars in China report offers a comprehensive guide to the size and shape of the Luxury Cigars market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Cigars retailing along with the development of consumers shopping patterns. Forecasts to 2018 illustrate how the market is set to change

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Cigars market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the markets major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Headlines
Trends
Summary 1 Selected Luxury Cigar Clubs: 2013
Competitive Landscape
Prospects
Category Data
Table 1 Sales of Luxury Cigars: Value 2008-2013
Table 2 Sales of Luxury Cigars: % Value Growth 2008-2013
Table 3 NBO Company Shares of Luxury Cigars: % Value 2008-2012
Table 4 LBN Brand Shares of Luxury Cigars: % Value 2009-2012
Table 5 Distribution of Luxury Cigars by Format: % Value 2008-2013
Table 6 Forecast Sales of Luxury Cigars: Value 2013-2018
Table 7 Forecast Sales of Luxury Cigars: % Value Growth 2013-2018
Executive Summary
Deceleration of Growth Can Mainly Be Attributed To China's Economic Slowdown
Anti-corruption Movements Also Negatively Affect Growth
Some of the Leading Players Slow Down the Opening of New Stores
Internet Retailing Is Still Nascent, Although More Players Are Involved
Continued Value Growth Over the Forecast Period, But at A Slower Pace
Key Trends and Developments
Increasing Overseas Purchasing Decelerates Growth
Polarised Preferences Increase, Due To the Rising Level of Sophistication
the Leading Players Adjust Their Operational Strategies To the Local Economy
Internet Retailing Is Less Vigorous for Luxury Goods
Luxury Goods Operators Adapt To the New Consumer Demand in China
Distribution
Summary 2 Selected Luxury Shopping Centres 2013
Summary 3 Selected Luxury Department Stores 2013
Market Data
Table 8 Sales of Luxury Goods by Category: Value 2008-2013
Table 9 Sales of Luxury Goods by Category: % Value Growth 2008-2013
Table 10 NBO Company Shares of Luxury Goods: % Value 2008-2012
Table 11 LBN Brand Shares of Luxury Goods: % Value 2009-2012
Table 12 Distribution of Luxury Goods by Format: % Value 2008-2013
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2013
Table 14 Forecast Sales of Luxury Goods by Category: Value 2013-2018
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2013-2018
Sources
Summary 4 Research Sources

Luxury Cigars in Hong Kong, China
The growth in retail value sales of luxury cigars slowed down in 2013, mainly because the government continuously restricted development through bans on smoking in public places and brand advertising. At the same time, the government invested heavily in highlighting the harmful effects of smoking on

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