PROSPECTS AND OPPORTUNITIES
Contrasting trends: cigars and cigarillos face future growth while smoking tobacco declines
Cigars and cigarillos category is expected to see a positive trajectory over the forecast period in Mexico in terms of volume sales. Growth will be driven by the increasing interest from younger consumers and the adaptation of marketing strategies to meet their preferences.
Geopolitical tensions and trade policy changes may impact prices and availability
Over the forecast period, changes in trade policies - such as the imposition of tariffs and regulatory reforms - are expected to impact the prices and availability of these products. For instance, recent trade tensions and the imposition of tariffs on various goods have created uncertainty in the market, potentially leading to higher costs for imported tobacco products.
Potential for innovation remains
Companies continue exploring new products within cigars, cigarillos and smoking tobacco. However, there is not much dynamism observed within the overall category.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Mexico 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 Mexico, 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 Mexico 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 Mexico?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Mexico?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Mexico?
- Which category is the most heavily taxed in Mexico?
- 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 Mexico?
- 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 Mexico - Category analysis
KEY DATA FINDINGS
Supply disruptions and regulatory barriers drive decline in cigar sales in 2024
Nueva Distabac leads but loses ground amid economic and regulatory pressures
Specialist stores dominate as hotels face setbacks
Contrasting trends: cigars and cigarillos face future growth while smoking tobacco declines
Geopolitical tensions and trade policy changes may impact prices and availability
Potential for innovation remains
Tobacco in Mexico - 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
Plain packaging
Advertising and sponsorship
Point-of-sale display bans
Smoking in public places
Flavoured tobacco product ban
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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