PROSPECTS AND OPPORTUNITIES
Cigars and cigarillos will decline further while smoking tobacco will benefit from its value-for-money positioning
The cigars and cigarillos market in Latvia is expected to continue its downward trajectory over the forecast period. While a few brands may demonstrate some resilience, the category as a whole lacks meaningful growth momentum.
Cultural disconnect to limit growth of cigars and cigarillos
The limited cultural relevance of cigars and cigarillos in Latvia will continues to constrain their growth potential. Unlike in parts of Western Europe, where cigars are often linked to social rituals, tradition, or luxury lifestyles, these products occupy a niche space in Latvia.
Innovation will remain limit, due to strict regulations
Innovation in Latvia’s cigars, cigarillos market will remain fairly limited over the forecast period, constrained by a lack of consumer engagement and the absence of a strong cigar-smoking culture. Regulatory bans on flavours and promotional packaging have further limited product development in this space.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Latvia 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 Latvia, 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 Latvia 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 Latvia?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Latvia?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Latvia?
- Which category is the most heavily taxed in Latvia?
- 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 Latvia?
- 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 Latvia - Category analysis
KEY DATA FINDINGS
Cigars and cigarillos continues to decline, while fine cut tobacco shows greater resilience as consumers seek more affordable alternatives
Market remains highly consolidated
Offline retail remains dominant
Cigars and cigarillos will decline further while smoking tobacco will benefit from its value-for-money positioning
Cultural disconnect to limit growth of cigars and cigarillos
Innovation will remain limit, due to strict regulations
Tobacco in Latvia - 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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