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Workers complete cigarette orders. Cigarette producers such as HMSP and GGRM are expected to have very little pricing power in 2025 due to weak purchasing power, downtrading, and the proliferation of illegal cigarettes.

Cigarette Producers Have Little Pricing Power in 2025, Analysts Say

Cigarette producers such as HMSP and GGRM are expected to have very little pricing power in 2025 due to weak purchasing power, downtrading, and the proliferation of illegal cigarettes.

Oktaviano Donald Baptista
Redaksi - Bisnis.com
Kamis, 13 Februari 2025 | 17:40
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BisnisIndonesia.id, JAKARTA — Tobacco producers such as H.M. Sampoerna (HMSP and Gudang Garam (GGRM) are challenged with limited pricing power—the ability to hike selling prices without reducing demand—due to weakened purchasing power, downtrading, and the prevalence of illegal cigarettes.

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