PROSPECTS AND OPPORTUNITIES
Volume growth set to continue declining over forecast period
Volume sales of cigars, cigarillos and smoking tobacco are expected to fall over the forecast period. Downward pressure will come from public health campaigns against smoking, which continue to raise awareness, and more local consumers may choose to avoid cigars due to concerns over their health impacts.
Regulatory settings to impact the category, albeit less severely than cigarettes
As with all tobacco categories, a key trend influencing cigars, cigarillos and smoking tobacco over the forecast period will be the regulatory environment, which will continue to shape the category in New Zealand. Government policies designed to reduce smoking rates, such as restrictions on tobacco advertising and tighter regulations around product availability, may impact the sales of traditional tobacco products, including cigars.
Economic recovery could provide opportunities for cigars and cigarillos
While the broader shift away from tobacco due to health and wellness considerations will continue to place downward pressure on demand for cigars, cigarillos and smoking tobacco in New Zealand over the forecast period, cigars and cigarillos are differentiated from smoking tobacco and cigarettes, and may be insulated somewhat from the full extent of this, especially in light of anticipated economic recovery and improvements in discretionary spending levels. Inflationary pressure should ease, with international and domestic supply chain costs normalising, slowing unit price growth.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in New Zealand 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 New Zealand, 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 New Zealand 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 New Zealand?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in New Zealand?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in New Zealand?
- Which category is the most heavily taxed in New Zealand?
- 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 New Zealand?
- 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 New Zealand - Category analysis
KEY DATA FINDINGS
Volume decline across cigars, cigarillos and smoking tobacco due to cost-of-living pressures and health concerns
Philip Morris leads cigars and cigarillos in 2024
Differentiated channel dynamics across cigars, cigarillos and smoking tobacco
Volume growth set to continue declining over forecast period
Regulatory settings to impact the category, albeit less severely than cigarettes
Economic recovery could provide opportunities for cigars and cigarillos
Tobacco in New Zealand - 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
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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