Summary
Tobacco & Tobacco Products in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The tobacco & tobacco products market includes sales of cigarettes, smoking tobacco, smokeless tobacco, and cigars & cigarillos. The cigarettes segment includes filter cigarettes and plain cigarettes. The smoking tobacco segment covers snuff/snus and chewing tobacco products. The smokeless tobacco segment includes pipe tobacco and fine cut tobacco (FCT). The scope of the cigars & cigarillos segment includes large cigars and small cigars. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
- The Singaporean tobacco & tobacco products market recorded revenues of $1,113.2 million in 2024, representing a negative compound annual growth rate (CAGR) of 4.2% between 2019-24.
- Market consumption volumes declined with a negative CAGR of 6.5% between 2019-24, reaching a total of 1,917.5 million pieces in 2024.
- The contraction of the Singaporean tobacco & tobacco products market during 2019-24 is primarily due to strong government tobacco control policies, shrinking smoking prevalence, and declining consumption, which weighed heavily on legal sales.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the tobacco & tobacco products market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the tobacco & tobacco products market in Singapore
- Leading company profiles reveal details of key tobacco & tobacco products market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore tobacco & tobacco products market with five year forecasts
Reasons to Buy
- What was the size of the Singapore tobacco & tobacco products market by value in 2024?
- What will be the size of the Singapore tobacco & tobacco products market in 2029?
- What factors are affecting the strength of competition in the Singapore tobacco & tobacco products market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's tobacco & tobacco products market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Singaporean tobacco & tobacco products market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. What are the most popular brands in the Singaporean tobacco & tobacco products market?
8 Company Profiles
8.1. Philip Morris International Inc
8.2. Japan Tobacco Inc
8.3. British American Tobacco Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Singapore tobacco & tobacco products market value: $ million, 2019-24
Table 2: Singapore tobacco & tobacco products market volume: million pieces, 2019-24
Table 3: Singapore tobacco & tobacco products market category segmentation: % share, by value, 2019-24
Table 4: Singapore tobacco & tobacco products market category segmentation: $ million, 2019-24
Table 5: Singapore tobacco & tobacco products market geography segmentation: $ million, 2024
Table 6: Singapore tobacco & tobacco products market distribution: % share, by volume, 2024
Table 7: Singapore tobacco & tobacco products market value forecast: $ million, 2024-29
Table 8: Singapore tobacco & tobacco products market volume forecast: million pieces, 2024-29
Table 9: Singapore tobacco & tobacco products market share: % share, by volume, 2024
Table 10: Philip Morris International Inc: Key Facts
Table 11: Philip Morris International Inc: Annual Financial Ratios
Table 12: Philip Morris International Inc: Key Employees
Table 13: Philip Morris International Inc: Key Employees Continued
Table 14: Japan Tobacco Inc: Key Facts
Table 15: Japan Tobacco Inc: Annual Financial Ratios
Table 16: Japan Tobacco Inc: Key Employees
Table 17: British American Tobacco Plc: Key Facts
Table 18: British American Tobacco Plc: Annual Financial Ratios
Table 19: British American Tobacco Plc: Key Employees
Table 20: Singapore Size of Population (Million), 2020-24
Table 21: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 23: Singapore Inflation, 2020-24
Table 24: Singapore Consumer Price Index (Absolute), 2020-24
Table 25: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore tobacco & tobacco products market value: $ million, 2019-24
Figure 2: Singapore tobacco & tobacco products market volume: million pieces, 2019-24
Figure 3: Singapore tobacco & tobacco products market category segmentation: $ million, 2019-24
Figure 4: Singapore tobacco & tobacco products market geography segmentation: % share, by value, 2024
Figure 5: Singapore tobacco & tobacco products market distribution: % share, by volume, 2024
Figure 6: Singapore tobacco & tobacco products market value forecast: $ million, 2024-29
Figure 7: Singapore tobacco & tobacco products market volume forecast: million pieces, 2024-29
Figure 8: Forces driving competition in the tobacco & tobacco products market in Singapore, 2024
Figure 9: Drivers of buyer power in the tobacco & tobacco products market in Singapore, 2024
Figure 10: Drivers of supplier power in the tobacco & tobacco products market in Singapore, 2024
Figure 11: Factors influencing the likelihood of new entrants in the tobacco & tobacco products market in Singapore, 2024
Figure 12: Factors influencing the threat of substitutes in the tobacco & tobacco products market in Singapore, 2024
Figure 13: Drivers of degree of rivalry in the tobacco & tobacco products market in Singapore, 2024
Figure 14: Singapore tobacco & tobacco products market share: % share, by volume, 2024
