PROSPECTS AND OPPORTUNITIES
Shifting consumer preferences
Driven by stable consumer demand and the relatively modest growth of cigarillos compared to cigars, the overall cigars and cigarillos category in Bosnia and Herzegovina is expected to achieve moderate volume growth over the forecast period. Increasing consumer interest in cigars, fuelled by shifting preferences and their rising role as a status symbol, will support stronger growth in cigars.
Switch to fine cut tobacco as a more cost-effective alternative to manufactured cigarettes
Fine cut tobacco is expected to record healthy growth over the forecast period, driven by its growing use for rolling homemade cigarettes. An increasing number of smokers will turn to fine cut tobacco as a more cost-effective alternative to manufactured cigarettes, whose prices have risen significantly throughout the review period due to tax hikes.
Innovation to focus on traditional techniques and blending
Premiumisation and craftsmanship will be the primary focus for leading cigar manufacturers, driving a revival of handmade cigars and an artisanal approach. With rising appreciation for handcrafted cigars, manufacturers are expected to concentrate on traditional techniques, emphasising meticulous rolling, exquisite ageing, and unique blending.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Bosnia and Herzegovina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cigars, Cigarillos and Smoking Tobacco industry in Bosnia and Herzegovina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Cigars, Cigarillos and Smoking Tobacco in Bosnia and Herzegovina report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Cigars, Cigarillos and Smoking Tobacco in Bosnia and Herzegovina?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Bosnia and Herzegovina?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Bosnia and Herzegovina?
- Which category is the most heavily taxed in Bosnia and Herzegovina?
- How is the operating environment for Cigars, Cigarillos and Smoking Tobacco changing?
- What are the current legislative restrictions applicable to the sale of Cigars, Cigarillos and Smoking Tobacco products in Bosnia and Herzegovina?
- How has COVID-19 impacted demand?
- How have national lockdown and enforced home seclusion following COVID-19 impacted sales?
- Where is future growth expected to be most dynamic?
Cigars, Cigarillos and Smoking Tobacco in Bosnia and Herzegovina - Category analysis
KEY DATA FINDINGS
Rising popularity of cigars and fine cut tobacco
Manifatture Sigaro Toscano SpA leads with its popular Toscanello brand
Convenenient small local grocers lead sales
Shifting consumer preferences
Switch to fine cut tobacco as a more cost-effective alternative to manufactured cigarettes
Innovation to focus on traditional techniques and blending
Tobacco in Bosnia and Herzegovina - Industry Overview
Tobacco in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for tobacco?
Legislation
Legislative overview
Minimum legal smoking age
Smoking prevalence
Tar levels
Health warnings
Plain packaging
Advertising and sponsorship
Point-of-sale display bans
Smoking in public places
Low ignition propensity (LIP) cigarette regulation
Flavoured tobacco product ban
Reduced harm
Vapour products
PRODUCTION/IMPORTS/EXPORTS
DISCLAIMER
The following categories and subcategories are included:
Cigars, Cigarillos and Smoking Tobacco
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- Cigars
- Cigarillos
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- Pipe Tobacco
- Fine Cut Tobacco
Cigars, Cigarillos and Smoking Tobacco
Combined sales of cigars, cigarillos and smoking tobacco.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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