Trends in Asian tobacco industry

Because in addition to the Chinese market, 42% of the market in Asia has not been occupied by multinational tobacco companies, tobacco companies around the active participation of local competition for market share.

Of local tobacco companies throughout Asia, they have a competitive advantage: implementation of ASEAN's internal policies and regulations on tobacco, and from Union countries to trade outside the tobacco companies will be punished, which means that they double-digit sales in the cigarette growth in the region by trade protection and benefit from. However, the multinational tobacco companies, the Asian market is still full of temptation. Vietnam tobacco in state ownership and local ownership on the relationship is unclear, leading to poor access to cigarette sales in the country, perhaps on the part of tobacco companies to privatize is an effective way to solve this problem. South Korea's KT & G Club will be the Asian region's most attractive acquisition targets, as Indonesia and Thailand Djarum tobacco company attractive. In addition to individual countries such as Singapore, most Asian countries, tobacco is still relatively moderate policy, and that in the short term there will be no significant change.

Also an issue of concern is: As cigarette taxes increase, the illegal cigarette trade has become increasingly rampant. Such as Malaysia, the domestic cigarette smuggling, cigarette smuggling in Asia accounted for 30% of total; and India, its domestic cigarette smuggling, cigarette smuggling in Asia accounted for 10% of the total to 15%. Asia, unlike Europe or Latin America, the overall situation as bad, but the local government should be noted that before the situation gets worse, "the smuggling of excise tax increase and the proportion of" problem.

In addition, Asia is still a good supply of leaf area. The development of tobacco production in India and Indonesia, the Philippines, Thailand, Vietnam and the expansion of tobacco farming in Bangladesh making Asia and Latin America, Africa is also important tobacco supply zones. All EU tobacco producers rely heavily on imported tobacco, especially cigarettes and opponents in the current consumer demand for home-made cigarette case. To meet the needs of the EU tobacco companies, tobacco suppliers in Asia need to use its tobacco processing methods. Meanwhile, Asia is growing different spices spices smoke to reduce smoke production uncertainty due to the Turkish adverse effects. Looking ahead, the major tobacco-growing countries in Africa as the uncertainty of production and leaf production in Brazil by the Brazilian domestic economy and the impact of currency appreciation in Asia have the opportunity to become the world's most important tobacco supply zones.

Cigarette consumption as an important tobacco market and supply areas, the next decade, Asia may become the world tobacco trade on the market the most active areas. Any company seeking to participate in the tobacco growing business in Asia to be necessary, of course, is difficult to enter the market early.