Press Release
Press Release
Clove cigarettes, commonly referred to as Kreteks, are crafted using cloves, tobacco, and other ingredients. It is widely believed that these cigarettes contain higher levels of nicotine, carbon monoxide, and tar as compared to regular tobacco cigarettes. The gentle nature of clove cigarettes has made them increasingly favoured among occasional smokers, the younger crowd, and those new to smoking.
People attempting to quit smoking also lean towards clove cigarettes due to their reduced harshness and variety of flavours. Recognising the growing demand for milder cigarettes, companies are attempting to introduce new products. Moreover, the exploration of various flavoured cigarettes is expected to positively impact the clove cigarettes market growth in the forecast period.
The Asia Pacific region is expected to witness rapid market growth in the forecast period. This growth is primarily fuelled by Indonesia, the primary source of these cigarettes, owing to the strong production and demand. The easy availability of clove cigarettes at affordable prices is due to their extensive distribution network in the region.
Indonesia’s accessibility to these products is bolstered by its wide distribution network and competitive pricing. Malaysia and Singapore are also notable contributors to the regional growth, where increasing disposable incomes and a willingness to explore unique and premium options are aiding the product demand. Furthermore, the regional market is set to benefit from the strong demand for herbal-flavoured cigarettes.
PT. Gudang Garam Tbk (IDX: GGRM) stands out as one of the leading players in the global market and offers a range of kretek (clove cigarettes), including Klobot kretek cigarettes, hand-rolled kretek cigarettes, and machine-rolled kretek cigarettes. The company manufactures clove cigarettes in Indonesia, which is the largest cloves producer in the world, responsible for approximately 95% of global cloves production.
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PT. Gudang Garam Tbk uses a secret sauce as the final ingredient in kretek production. This sauce is crafted from various herbs and fruit extracts, imparting a distinct aroma and flavour to their cigarettes. Besides the blend of tobacco and cloves, the sauce serves as a distinguishing element among their various brands and kretek variants.
The major players in the global clove cigarettes market are Sampoerna Cigarettes, Philip Morris International Inc, Gudang Garam, PT Djarum, PT Nojorono Tobacco International, Wismalik Group, PT. Bentoel Internasional Investama Tbk, and PT Bokormas, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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