PROSPECTS AND OPPORTUNITIES
Ongoing decline, as consumers shift to new tobacco formats
The market for cigars, cigarillos, and smoking tobacco is expected to continue declining in volume terms over the forecast period. Cigars is likely to experience the steepest downturn, primarily due to demographic shifts, with younger generations showing little interest in the category and a shrinking user base.
Alternatives to combustible smoking will gain traction
As non-combustible alternatives, such as heated tobacco and e-vapour products, continue to gain traction, the shelf space allocated to cigars, cigarillos and smoking tobacco in retail channels is expected to decline. Indeed, there is likely to be a reduction in the variety of traditional tobacco brands and formats available - not only due to retailer strategies but also as a result of major manufacturers prioritising investment in emerging categories.
Limited innovation expected, as focus shifts to high-growth alternatives
No significant investment in innovation is anticipated within cigars, cigarillos, and smoking tobacco over the forecast period. Leading players such as Japan Tobacco International (JTI) and Philip Morris International (PMI), which are already present in fast-growing categories like heated tobacco and e-vapour products, are expected to concentrate their efforts on accelerating consumer transition to these alternatives and expanding their portfolios in these areas.
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Overview:
Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Portugal 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 Portugal, 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 Portugal 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 Portugal?
- Which are the leading brands in Cigars, Cigarillos and Smoking Tobacco in Portugal?
- How are products distributed in Cigars, Cigarillos and Smoking Tobacco in Portugal?
- Which category is the most heavily taxed in Portugal?
- 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 Portugal?
- 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 Portugal - Category analysis
KEY DATA FINDINGS
Competitiveness declines, following excise tax revision
Market is increasingly concentrated in hands of top selling brands
Rise of smoking alternatives reduces space in retailers
Ongoing decline, as consumers shift to new tobacco formats
Alternatives to combustible smoking will gain traction
Limited innovation expected, as focus shifts to high-growth alternatives
Tobacco in Portugal - 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
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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