PROSPECTS AND OPPORTUNITIES
Economic stabilisation will buoy demand
Retail volume sales of cigars and cigarillos will continue to decline in 2025 as inflation remains elevated, but they will rebound over the forecast period as a whole as economic conditions and exchange rates stabilise. Strong population growth will also boost demand.
Cigars, cigarillos and smoking tobacco will grow in popularity as an alternative to cigarettes
Cigars, cigarillos and smoking tobacco are expected to benefit from their relative novelty compared to cigarettes. While cigarettes are becoming less popular, younger consumers are seeking new and diverse flavours, which will encourage at least some of them to try out smoking tobacco experiences that offer new flavours and tastes.
Innovation likely to focus on flavour
Innovation in cigars, cigarillos, and smoking tobacco will likely remain very limited, with players focusing on widening the range of flavours and types and the introduction of more affordable products. Cigars and cigarillos are seeing a general trend towards flavoured products, including fruit.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Nigeria 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 Nigeria, 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 Nigeria 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 Nigeria?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Nigeria?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Nigeria?
- Which category is the most heavily taxed in Nigeria?
- 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 Nigeria?
- 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 Nigeria - Category analysis
KEY DATA FINDINGS
Elevated inflation weighs on consumption
Affordability a key advantage for Scandinavian Tobacco Nigeria Ltd
Grocery retailers grow in importance as a distribution channel
Economic stabilisation will buoy demand
Cigars, cigarillos and smoking tobacco will grow in popularity as an alternative to cigarettes
Innovation likely to focus on flavour
Tobacco in Nigeria - Industry Overview
Tobacco in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for tobacco?
Legislation
Legislative overview
Smoking prevalence
Health warnings
Plain packaging
Point-of-sale display bans
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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