Cambodia Cigarette Market (2023-2029) | Industry, Share, Size, Revenue, Value, Outlook, Companies, Forecast, Growth, Trends, COVID-19 IMPACT & Analysis

Cambodia Cigarette Market Size Growth Rate

The Cambodia Cigarette Market is projected to grow at a CAGR of 1.9% from 2023 to 2029. Despite a decline in smoking rates, government interventions, and the rise of illicit producers, the market is expected to remain relatively stable.

Cambodia Cigarette Market Synopsis

Cambodia cigarette market has experienced a period of stagnation attributed to a notable decline in the number of smokers. According to the 2021 National Adults Tobacco Survey, the overall prevalence of smoking decreased from 16.6% in 2014 to 13.04% in 2021. Notably, there has been a substantial shift in smoking behaviour, with a significant reduction in the percentage of individuals smoking at home (from 66% in 2014 to 27% in 2021) and at work (from 48% in 2014 to 24% in 2021). However, there has been an increase in the proportion of cigarette smokers in public transport, rising from 33% in 2014 to 62% in 2021, which has contributed to maintaining market revenues at a consistent level.

According to 6Wresearch, The Cambodia Cigarette Market size is projected to grow at a CAGR of 1.9% during 2023–2029F. The Cambodia cigarette industry is navigating a period of stagnation driven by a decline in smoking rates, government interventions, and the emergence of illicit producers. The government is actively implementing stringent laws to heighten awareness about the health risks associated with smoking. Despite these measures, the Cambodia cigarette market is anticipated to remain static in the foreseeable future with recent trends which show a slight rebound in production alongside increased imports and exports in Cambodia is poised to elevate manufacturing capabilities, potentially broadening the range of cigarette products by introducing reduced-risk products, including herbal cigarettes or heated tobacco products to adjust to evolving consumer preferences and expand their market reach and fostering growth in the country's cigarette market in the coming years.

Market Segmentation by Product Type

Regular cigarettes hold the highest share in the Cigarette Market in Cambodia primarily as they have been the standard for decades, establishing a strong market presence and familiarity among smokers. Consumers often develop a preference for the familiar, and the classic size aligns with this sentiment.

Market Segmentation by Flavour Type

Non-Flavoured cigarettes hold the highest share and dominate the Cambodia Cigarette Market primarily due to their broader consumer appeal and the familiarity of their taste. Additionally, flavoured cigarettes represent a new trend as they offer variety of flavours and capture the attention of different consumer segments.

Market Segmentation by Region

Central plains segment holds the highest share and dominates the Cambodia Cigarette Market on account of higher population density, leading to the large consumer base. Moreover, with robust economic activities and better distribution network, which is likely to impede more demand for cigarettes in the coming years.

Key Attractiveness of the Report

• 11 Years of Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Cambodia Cigarette Market Overview
• Cambodia Cigarette Market Outlook
• Cambodia Cigarette Market Forecast
• Historical Data and Forecast of Cambodia Cigarette Market Revenues for the Period 2020-2030F
• Historical Data and Forecast of Cambodia Cigarette Market Revenues, By Product Types, for the Period 2020-2030F
• Historical Data and Forecast of Cambodia Cigarette Market Revenues, By Flavour Types, for the Period 2020-2030F
• Historical Data and Forecast of Cambodia Cigarette Market Revenues, By Product Regions, for the Period 2020-2030F
• Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Trends
• Government Regulations
• Key Performance Indicators
• Cambodia Cigarette Market Revenue Share, By Companies, 2023
• Key Competitors Analysis
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Product Type

• Slim Short 
• Regular 
• Others 

By Flavour Type

• Flavoured 
• Non - Flavoured 

By Region

• Cardamom Mountains Region 
• North-western Region 
• Central Plains 
• Eastern Cambodia