Cigars and Cigarillos Belgium


#214028

72pages

ERC

$ 2495

In Stock

Synopsis
Cigars and Cigarillos Belgium offers the very latest sector-by-sector analysis, providing an objective evaluation of the marketplace, including analysis of industry structure, product innovation, market and brand shares, taxation and legislation and forecasts to 2021. Comprehensive analytical interpretation of survey results highlights key issues and emergent trends currently shaping market developments.

Description
Cigars and cigarillo consumption in Belgium and Luxembourg is in steady decline, down to 410 million pieces in 2012: 39% below 1990 levels. In the larger Belgian market, STG is dominant with a 51.5% share and is followed by Verellen which is 21% points behind. STG also leads in Luxembourg, with Verellen in slightly closer contention. The outlook is for a continued steady contraction in sales, which are forecast to be 45% lower than current levels by 2022, the decline affecting the cigarillos and larger cigars sectors to a similar extent.