Cigarettes in El Salvador
El Salvador is the smallest country in Central America with an equally small population of 6.1 million people. However, it has one of most developed economies in the region with a relatively large smoking population, almost a quarter of the adult population, making it an important market for cigarette companies. The market is dominated by two international companies, PMI and BAT, with a combined market share of 98.5%. The cigarette market is expected to decline in the country due to high prices, non-duty paid cigarettes, and greater anti-smoking laws, which will create struggling times ahead for manufacturers.
Of the total adult population, 24.7% are smokers
Per capita consumption is very low, by global standards, at 152 pieces
PMI is the largest company in the market with 53.8% of sales, as of 2014, with 44.7% going to BAT and the final 1.5% made up of smaller manufacturers
Contraband is expected to hinder the market’s growth and, as of 2015, cigarette consumption stood at 900 million pieces
“Cigarettes in El Salvador” is an analytical report by Canadean that provides extensive and highly detailed current and future market trends in the Salvadoran market.
What else does this report offer?
Market size and structure of the overall and per capita consumption based upon a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise
Detailed information such as market shares and the recent developments of manufacturers and leading brands, along with company profiles
Regulations, taxation, retail pricing, smoking habits, and the growing health concerns affecting overall production
Prospects and forecasts of overall sales and consumption for 2015 to 2025
Reasons To Buy
Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market
Identify the areas of growth and opportunities, which will aid effective marketing planning
As consumers’ product demands evolve, the dynamics between different countries also change – favoring some countries and leaving others increasingly out of line with demand patterns. As a result, understanding the specific dynamics of the Venezuelan market is crucial to ensuring maximum future sales
The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes - prime intelligence for marketers
Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook