Clove cigarettes market size in APAC to grow by USD 8,588.22 million between 2022 and 2027; Growth driven by rising demand due to growth in organized retailing - Technavio

NEW YORK, May 3, 2023 /PRNewswire/ -- The clove cigarettes market size in APAC is set to grow by USD 8,588.22 million between 2022 and 2027 and register a CAGR of 5.7%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. View a Sample Report

Factors such as rising demand due to growth in organized retailing, an increasing number of new product launches, and the growing number of smokers in APAC will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Clove Cigarettes Market in APAC 2023-2027: Segmentation

• Product 
• Machine-made Clove Cigarettes
• Hand-rolled Clove Cigarettes
• End-user 
• Male
• Female

The market growth in the machine-made clove cigarettes segment will be significant over the forecast period. Machine-made clove cigarettes cost more than hand-rolled clove cigarettes. They are available in two variants such as machine-made full-flavored cigarettes and machine-made cigarettes with low tar and nicotine. The increased demand for machine-made clove cigarettes and the presence of several vendors are driving the growth of the segment.

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Clove Cigarettes Market in APAC 2023-2027: Vendor Analysis and Scope

The clove cigarettes market in APAC is concentrated. The market comprises companies of varying sizes, and some of them are more specialized than others with respect to their product portfolio. Vendors compete based on factors like price, quality, innovation, service, packaging, brand image, distribution, and promotion. Some of the key vendors covered in the report include:

• British American Tobacco Plc - The company offers clove cigarettes such as Kreteks.
• Japan Tobacco Inc. - The company offers clove cigarettes under the brands Ploom, Logic, and Nordic Spirit.
• KT and G Corp. - The company offers clove cigarettes such as kreteks.
• Nojorono Kudus - The company offers clove cigarettes under the brands Clas Mild and Minak Djinggo.
• Eximburg International Pvt. Ltd.
• Philip Morris International Inc.
• PT BOKORMAS
• PT Djarum
• PT. Wismilak Inti Makmur Tbk

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The report also covers the following areas:

• Clove Cigarettes Market Size in APAC
• Clove Cigarettes Market Trends in APAC
• Clove Cigarettes Market Analysis in APAC

Clove Cigarettes Market in APAC 2023-2027: Market Dynamics

• Driver – The market is driven by the rising demand due to growth in organized retailing. The proliferation of supermarkets, hypermarkets, and specialty stores has led to the growth of organized retail worldwide. Clove cigarettes are sold through these stores in countries such as Indonesia, Malaysia, Singapore, and India. For instance, Indomaret is one of the major distributors of clove cigarettes in Indonesia. Besides, rapid urbanization and infrastructure development have led to the growth of organized retail in developing countries such as India. For instance, the number of supermarkets in India increased by nearly 1,600% between 2006 and 2021. Such growth in organized retail has increased the sales of tobacco products, including clove cigarettes. All these factors are driving the growth of the market.
• Trend – The shift in consumer preferences toward flavored cigarettes is identified as the key trend in the market. Consumers in developing countries such as India, Indonesia, Malaysia, the Philippines, and Vietnam are exhibiting increased demand for new and premium variants of cigarettes. This is driven by increased disposable incomes in these countries. In addition, the popularity of herbal cigarettes has increased over recent years. The growing popularity has encouraged cigarette manufacturers to use ingredients such as grape, vanilla, strawberry, and cherry in their products. They are also introducing flavors such as menthol, cloves, cinnamon, and orange, which have made these cigarettes more popular among consumers. This trend is expected to have a positive impact on the growth of the market.
• Challenge – The negative health effects of clove cigarettes is a major challenge hindering the growth of the market. Clove cigarettes make a crackling noise as they burn and take more time to smoke than conventional cigarettes. The sales of these cigarettes are restricted in countries such as South Korea, China, and Taiwan because of their negative effects on the human body. Clove cigarettes contain eugenol, which is a numbing agent. It makes the smoker's lips, chest, and throat numb. Some of the negative health effects caused by clove cigarettes include diarrhea, seizures, sleepiness, intestinal bleeding, and burns in the mouth among others. Such health risks challenge the growth of the market.

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Clove Cigarettes Market in APAC 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist the clove cigarettes market in APAC growth during the next five years
• Estimation of the clove cigarettes market in APAC size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the clove cigarettes market in APAC
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of clove cigarettes market in APAC vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on APAC: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ million)

4 Historic Market Size

• 4.1 clove cigarettes market in APAC 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on clove cigarettes market in APAC 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Country Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 22: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 29: Chart on Product - Market share 2022-2027 (%)
• Exhibit 30: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 31: Chart on Comparison by Product
• Exhibit 32: Data Table on Comparison by Product

• 6.3 Machine-made clove cigarettes - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Machine-made clove cigarettes - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Machine-made clove cigarettes - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Machine-made clove cigarettes - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Machine-made clove cigarettes - Year-over-year growth 2022-2027 (%)

• 6.4 Hand-rolled clove cigarettes - Market size and forecast 2022-2027 
• Exhibit 37: Chart on Hand-rolled clove cigarettes - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Data Table on Hand-rolled clove cigarettes - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Chart on Hand-rolled clove cigarettes - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Hand-rolled clove cigarettes - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 41: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 42: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 43: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 44: Chart on Comparison by End-user
• Exhibit 45: Data Table on Comparison by End-user

• 7.3 Male - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Male - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Male - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Male - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Male - Year-over-year growth 2022-2027 (%)

• 7.4 Female - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Female - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Female - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Female - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Female - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 56: Chart on Market share by geography - 2022-2027 (%)
• Exhibit 57: Data Table on Market share by geography - 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 58: Chart on Geographic comparison
• Exhibit 59: Data Table on Geographic comparison

• 9.3 Indonesia - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Indonesia - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Indonesia - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Indonesia - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)

• 9.4 Malaysia - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Malaysia - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Malaysia - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Malaysia - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Malaysia - Year-over-year growth 2022-2027 (%)

• 9.5 Singapore - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Singapore - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Singapore - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Singapore - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Singapore - Year-over-year growth 2022-2027 (%)

• 9.6 India - Market size and forecast 2022-2027 
• Exhibit 72: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 75: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.7 Rest of APAC - Market size and forecast 2022-2027 
• Exhibit 76: Chart on Rest of APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Data Table on Rest of APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Chart on Rest of APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 79: Data Table on Rest of APAC - Year-over-year growth 2022-2027 (%)

• 9.8 Market opportunity by geography 
• Exhibit 80: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 81: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 82: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 83: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 84: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 85: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 86: Matrix on vendor position and classification

• 12.3 British American Tobacco Plc 
• Exhibit 87: British American Tobacco Plc - Overview
• Exhibit 88: British American Tobacco Plc - Business segments
• Exhibit 89: British American Tobacco Plc - Key news
• Exhibit 90: British American Tobacco Plc - Key offerings
• Exhibit 91: British American Tobacco Plc - Segment focus

• 12.4 Eximburg International Pvt. Ltd. 
• Exhibit 92: Eximburg International Pvt. Ltd. - Overview
• Exhibit 93: Eximburg International Pvt. Ltd. - Product / Service
• Exhibit 94: Eximburg International Pvt. Ltd. - Key offerings

• 12.5 Gudang Garam
• Exhibit 95: Gudang Garam - Overview
• Exhibit 96: Gudang Garam - Product / Service
• Exhibit 97: Gudang Garam - Key offerings

• 12.6 Japan Tobacco Inc.
• Exhibit 98: Japan Tobacco Inc. - Overview
• Exhibit 99: Japan Tobacco Inc. - Business segments
• Exhibit 100: Japan Tobacco Inc. - Key news
• Exhibit 101: Japan Tobacco Inc. - Key offerings
• Exhibit 102: Japan Tobacco Inc. - Segment focus

• 12.7 KT and G Corp.
• Exhibit 103: KT and G Corp. - Overview
• Exhibit 104: KT and G Corp. - Business segments
• Exhibit 105: KT and G Corp. - Key offerings
• Exhibit 106: KT and G Corp. - Segment focus

• 12.8 Nojorono Kudus
• Exhibit 107: Nojorono Kudus - Overview
• Exhibit 108: Nojorono Kudus - Product / Service
• Exhibit 109: Nojorono Kudus - Key offerings

• 12.9 Philip Morris International Inc. 
• Exhibit 110: Philip Morris International Inc. - Overview
• Exhibit 111: Philip Morris International Inc. - Business segments
• Exhibit 112: Philip Morris International Inc. - Key offerings
• Exhibit 113: Philip Morris International Inc. - Segment focus

• 12.10 PT BOKORMAS
• Exhibit 114: PT BOKORMAS - Overview
• Exhibit 115: PT BOKORMAS - Product / Service
• Exhibit 116: PT BOKORMAS - Key offerings

• 12.11 PT Djarum
• Exhibit 117: PT Djarum - Overview
• Exhibit 118: PT Djarum - Product / Service
• Exhibit 119: PT Djarum - Key offerings

• 12.12 PT. Wismilak Inti Makmur Tbk 
• Exhibit 120: PT. Wismilak Inti Makmur Tbk - Overview
• Exhibit 121: PT. Wismilak Inti Makmur Tbk - Product / Service
• Exhibit 122: PT. Wismilak Inti Makmur Tbk - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 123: Inclusions checklist
• Exhibit 124: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 125: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 126: Research methodology
• Exhibit 127: Validation techniques employed for market sizing
• Exhibit 128: Information sources

• 13.5 List of abbreviations 
• Exhibit 129: List of abbreviations

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