New Market Research Report: Luxury Cigars in Thailand
In 2013, just like other kinds of tobacco, cigar sales were still under the strict control of the Thai government. Consumption of cigars tended to be limited amongst the high-income group of consumers as well as foreigners due to their extremely high unit price compared to traditional cigarettes in the marketplace. The luxury cigars category was therefore quite small and dependent on a niche group of affluent people. Market growth of luxury cigars in Thailand was therefore hindered by certain...
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