PT Gudang Garam Tbk Overview
Pro stress-test →Gudang Garam manufactures and sells cigarettes in Indonesia and internationally through Cigarettes, Paperboards, Infrastructure, and Others segments. As Indonesia's largest tobacco manufacturer with a market share of nearly 33%, the company is a dominant player in the regional kretek (clove cigarette) market.
Strategic Profile
Pro stress-test →The company manufactures kretek cigarettes which are clove cigarettes common in Indonesia, with operations almost entirely domestic. The company has diversified its operations to include paper-related activities through its subsidiaries.
Competitive Landscape
Pro stress-test →Gudang Garam dominates the Indonesian cigarette market as the clear #1 player with 33% market share. Key competitors include PT Hanjaya Mandala Sampoerna (HM Sampoerna/HMSP), another Tier-1 tobacco player. The sector faces structural headwinds from escalating excise taxes and shifting consumer preferences, with both leaders experiencing volume pressure despite pricing power.
Industry Context
PT Gudang Garam Tbk operates in Tobacco Manufacturing / Consumer Non-Durables.
Key facts
Founded: 1958 · Headquarters: Kediri, Indonesia · Employees: 25,445 · Revenue: $5.65B · Market cap: $1.99B