Sampoerna and Gudang Garam Among the World's Top 10 Largest Cigarette Companies in 2023

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Nabilah Muhamad 25/08/2023 14:40 WIB

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According to Companies Market data, Sampoerna and Gudang Garam are among the world's largest tobacco companies, with market capitalizations of US$6.69 billion and US$4.84 billion, respectively.

Top 10 Tobacco Companies by Market Capitalization (August 25, 2023)

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Sampoerna and Gudang Garam Among the World's Top 10 Largest Cigarette Companies in 2023

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Top 10 Tobacco Companies by Market Capitalization (August 25, 2023)

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Based on *Companies Market Cap* data, two Indonesian companies, Sampoerna and Gudang Garam, are among the world's largest tobacco companies by market capitalization in 2023.

Sampoerna ranks 9th with a market capitalization of US$6.69 billion, or approximately Rp102.33 trillion (assuming Rp15,296 per US$) as of August 25, 2023. Gudang Garam follows in 10th place with a market capitalization of US$3.12 billion, or approximately Rp47.72 trillion.

Philip Morris holds the top spot as the world's largest tobacco company. This Swiss tobacco company, headquartered in New York, USA, had a market capitalization of US$146.04 billion, or approximately Rp2.23 quadrillion in 2023.

The company sells cigarettes in over 180 countries and controls 15.5% of the global tobacco market share.

Below is a complete list of the top 10 tobacco companies by market capitalization as of August 25, 2023:

1. Philip Morris: US$146.04 billion
2. Altria Group: US$77.47 billion
3. British American Tobacco: US$72.74 billion
4. ITC: US$68.14 billion
5. Japan Tobacco: US$38.57 billion
6. Imperial Brands: US$21.06 billion
7. KT&G: US$7.47 billion
8. Sampoerna: US$6.69 billion
9. Gudang Garam: US$3.12 billion

(See also: [Rising Cigarette Prices Boost HM Sampoerna's Sales in the First Half of 2023](https://databoks.katadata.co.id/datapublish/2023/07/27/harga-rokok-naik-penjualan-hm-sampoerna-meningkat-pada-semester-i-2023))

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Sampoerna and Gudang Garam Among the World's Top 10 Largest Cigarette Companies in 2023

Sampoerna and Gudang Garam Among the World's Top 10 Largest Cigarette Companies in 2023

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Related Data

The Directorate General of Customs and Excise seized 954 million illegal cigarette sticks by the end of October 2025.

Indonesian Tobacco Production Trends 1980-2024

Development of Tobacco Cultivation Area in Indonesia 2014-2024

Furniture Market Size Forecast in 5 Southeast Asian Countries by 2029

Indonesia Stock Exchange Market Capitalization Decreased in 2024

Growth in the Number of Indonesian Capital Market Investors, 2015-2024

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Sampoerna and Gudang Garam Among the World's Top 10 Largest Cigarette Companies in 2023

Sampoerna and Gudang Garam Among the World's Top 10 Largest Cigarette Companies in 2023

Tags

Related Data

The Directorate General of Customs and Excise seized 954 million illegal cigarette sticks by the end of October 2025.

Indonesian Tobacco Production Trends 1980-2024

Development of Tobacco Cultivation Area in Indonesia 2014-2024

Furniture Market Size Forecast in 5 Southeast Asian Countries by 2029

Indonesia Stock Exchange Market Capitalization Decreased in 2024

Growth in the Number of Indonesian Capital Market Investors, 2015-2024

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