PROSPECTS AND OPPORTUNITIES
Steady volume growth for cigars and cigarillos over forecast period
Cigars and cigarillos will register steady volume growth over the forecast period, as the economy stabilises. Though consumers of cigars and cigarillos are not as price sensitive as consumers of cigarettes, as they are only smoked occasionally, the increasing ranges available, particularly for affordable cigarillos, will boost volume sales.
Increase use of cannabis for recreational purposes boosts volume sales
Though cannabis use is only permitted for medicinal purpose, the smoking of cannabis for recreational use is also growing. particularly among young Peruvians of under 30-years-of-age in large cities such as Lima, Arequipa and Trujillo.
Limited innovation, with players pushing for wider distribution
There will be little innovation in cigars, cigarillos, and smoking tobacco over the forecast period. Cigarettes are a much more popular product in Peru and in terms of innovation in tobacco, this will be directed towards e-vapour products, which has seen significant growth in recent years.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Peru 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 Peru, 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 Peru 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 Peru?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Peru?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Peru?
- Which category is the most heavily taxed in Peru?
- 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 Peru?
- 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 Peru - Category analysis
KEY DATA FINDINGS
Cigarillos lead growth in 2024
Relaunch of cigarillos brand Blackstone makes big impact
Specialist tobacco retailers continue to dominate
Steady volume growth for cigars and cigarillos over forecast period
Increase use of cannabis for recreational purposes boosts volume sales
Limited innovation, with players pushing for wider distribution
Tobacco in Peru - 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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