Cigarettes in South Korea, 2017
May 2017
69
About the Report
About the Report
Cigarettes in South Korea, 2017
Summary
"Cigarettes in South Korea, 2017", is an analytical report by Globaldata that provides extensive and highly detailed current and future market trends in the market. The report offers 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.
South Korea is one of the largest markets for cigarettes in South East Asia, however sales have steadily declined since 2009 as result of weaker economic conditions and ever-tighter smoking restrictions. The market dropped by 22.3% to 69.5 billion pieces in 2015, after a massive hike in prices was imposed by the Korean Government in January 2015. The market began to recover again in 2016, when volume increased by 9.8% to 76.3 billion pieces. The current outlook suggests that cigarette market volume will recover a little in further in 2017 and 2018 but then return to a slow decline. The market volume in 2025 is forecast to still be 2.2% above the depressed level of 2015, at 71 billion pieces.
Scope
Per capita consumption levels rank among the highest in the world despite having been in steady decline.
The market is dominated by domestic brands which still form over 59% of the market, while international brands held over 40% of volume in 2016.
The South Korean cigarette market remains dominated by Korean Tobacco & Ginseng Corporation (KT&G) with 59.2% market share in 2016.
The major rival of KT&G is Philip Morris International (PMI) with 21.0% share in 2016, followed by British America Tobacco (BAT) and Japan tobacco International (JTI) with 14.2% and 5.6% share respectively in 2016.
The market volume in 2025 is forecast to still be 2.2% above the depressed level of 2015, at 71 billion pieces.
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.
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.
Products
Products
South Korea, tobacco, Cigarettes, smoking, production, imports, exports, companies, international brands, costs
Companies
Korea Tobacco and Gingseng Corportation (KT&G), Woori Tobacco, Philip Morris International (PMI), British American Tobacco (BAT), Imperial Tobacco (IT), Japan Tobacco Inc. (JTI)
Table of Contents
Table of Contents
Table of Contents
1. Overview 5
2. Market Size 7
3. Market Structure 13
4. Manufacturers & Brands 19
5. Taxation & Retail 30
5.1. Taxation 30
5.2. Retail Prices 33
6. The Smoking Population 36
7. Production & Trade 40
7.1. Production 40
7.2. Imports 42
7.3. Exports 47
8. Operating constraints 52
8.1. Advertising Restrictions 52
8.2. Health Warnings/Labeling Requirements 53
8.3. Other Restrictions 54
9. Company Profiles 57
10. Prospects & Forecasts 60
11. Appendix 63
11.1. What is this Report About? 63
11.2. Time Frame 64
11.3. Product Category Coverage 64
11.4. Methodology 65
11.5. About GlobalData 67
11.6. Disclaimer 68
11.7. Contact Us 69
List of Figure
List of Figures
Figure 1: Methodology 65
Figure 2: GlobalData at a glance 67
List of Table
List of Tables
Table 1: Cigarette Consumption, 1990-2016 9
Table 2: Per Capita Consumption, 1990-2016 11
Table 3: Retail Sales Cigarettes, 2004-2008 12
Table 4: Market Breakdown, Domestic vs. International Brands, 2000-2016, Billion Pieces 13
Table 5: Market Breakdown, Domestic vs. International Brands, 2000-2016, % Breakdown 14
Table 6: Market Breakdown by Price Category, 2000-2014, Million Pieces 15
Table 7: Market Breakdown by Price Category, 2000-2014, % Breakdown 15
Table 8: Major Brands by Price Category, 2015 16
Table 9: Market Breakdown by Level of Tar, 2003-2006 & 2008-2010, % of Total Market Volume 17
Table 10: Slim Cigarette Sales, 1997-2009 17
Table 11: Manufacturer Sales, 2000-2016, Million Pieces 22
Table 12: Manufacturer Market Share, 2000-2016, % Volume 23
Table 13: KT&G: Brand Shares, 2009 26
Table 14: South Korea: Brand Family Shares, 2000-2013, % Volume 27
Table 15: PMI: Share of Leading Brands, 2009-2016, % 28
Table 16: Tax & Price Increases, 1994-2015, Won/Pack 31
Table 17: Cigarette Tax Increases, 2015, Won/Pack 31
Table 18: KT&G: Cigarette Prices, Selected Brands, 2009 & 2014, Won/Pack 34
Table 19: Summary of Price Increases, Selected Brands, 2015. Won/Pack 35
Table 20: Smoking Population, 1990-2015 37
Table 21: Smoking Incidence by Age & Gender, 2013 & 2015, % Smoking Cigarettes 38
Table 22: Cigarette Production, 1990-2015 41
Table 23: Official Imports of Cigarettes, 1990-2015 43
Table 24: Imports by Country of Origin, 2000-2015, Million Pieces 45
Table 25: Imports by Country of Origin, 2000-2015, % Volume 46
Table 26: Exports of Cigarettes, 1990-2015 48
Table 27: Exports by Country of Destination, 2000-2015, Million Pieces 50
Table 28: Exports by Country of Destination, 2000-2015, % Volume 51
Table 29: KT&G Corporation 57
Table 30: Philip Morris Korea Inc. 58
Table 31: British American Tobacco Korea Ltd 59
Table 32: Consumption Forecasts, 2015-2025 62
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