Cigars and Cigarillos in Denmark, Substantial Growth, Rising Preferences, Boost Growth, Future Expectations 2019

Posted on 2019-03-22 by Mark Hub in Retail // 0 Comments

Albany, US, 2019-Mar-22 — /EPR Network/ —This research study added to the broad database of Market Research Hub (MRH) focusing on the Cigars and Cigarillos in Denmark, 2019 delivers an in-depth outlook to present information about executive summary and key performance indicators. Furthermore, readers can gather knowledge about the economic status, demographics and competitive landscape which is prevailing in the concerned industry during the review period, 2019. Overall, the purpose of this assessment is to present a clear picture highlighting the transformations expected to occur in the Cigars and Cigarillos driven by major trends and opportunities.

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Cigars and Cigarillos in Denmark, 2019

Summary

“Cigars and Cigarillos in Denmark, 2019”, is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Danish tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2028.

Denmark has long been an established market for cigar products despite consumption being in almost continuous decline until very recently. Small cigars and cigarillos is the largest sector within the market, with noticeable strengthening in its profile since 2007. The market is dominated by STG Denmark, which is a 100%-owned subsidiary of the Scandinavian Tobacco Group (STG).

Scope

– As a share of total tobacco volumes, cigars and cigarillos amounted to 1.6% of the market in 2018.
– Imports were down on recent years at a reduced 75 tons in 2017.
– Denmark levies both a specific and an ad valorem excise duty on cigars and cigarillos, along with the general value added tax, which is applied at the nominal rate of 25%, equivalent to 20% of the retail price.
– The recent good progress made by the market came to an end during 2014 when a tax hike effectively removed the price advantage of cigarillos over manufactured cigarettes, resulting in a collapse in sales.

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Table of Contents

Introduction
Executive summary
Definitions
Market context
Tobacco products market, tons, %, 2008 & 2018
Tobacco products market, tons 2008-2018f
Market size and structure
Cigars & cigarillos consumption, pieces, 2008-2018f
Per capita consumption, pieces per year, 2008-2018f
Cigars & cigarillos: market segmentation, 2008-2018f
Small cigars/cigarillos, total & per capita consumption, 2008-2018f
Cheroots, total & per capita consumption, 2008-2018f
Large cigars, total & per capita consumption, 2008-2018f
Production and trade
Production & manufacturers’ sales of cigars, cheroots & cigarillos, 2007-2017
Imports, tons, 2007-2017
Imports by country of origin, top countries, %, 2017
Imports of cigars & cigarillos, volume, %, 2007-2017
Imports of cigars & cigarillos, 000, 2007-2017
Exports, tons, 2007-2017
Cigars & cigarillos: export orientation, 2007-2017
Exports by country of destination, top countries, %, 2017
Exports of cigars & cigarillos, volume, tons, 2007-2017
Exports of cigars & cigarillos, 000, 2007-2017
Taxation and retail prices
EU: Cigars & cigarillos, tax incidence comparison, 2018
Taxation

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