PROSPECTS AND OPPORTUNITIES
Sustained growth anticipated for NRT smoking cessation aids
NRT smoking cessation aids in Ireland is expected to continue to grow steadily in retail volume and current value terms throughout the forecast period, even as smoking rates decline, as health awareness rises and more smokers want to quit, turning to NRT products to achieve this. Aside from health concerns, the increasing financial cost of smoking will encourage more smokers to use these products to help them quit, as inflation is likely to remain high in the short to medium term, and the government is expected to impose further excise tax hikes on tobacco products as part of its strategy to reduce smoking prevalence.
Innovation and product development
The growth trend for NRT smoking cessation aids in Ireland is likely to be supported by ongoing public health campaigns, and the introduction of new, innovative products. Product innovation, particularly in terms of delivery methods and flavours, will be crucial for attracting new users and retaining existing ones.
Challenges from alternative cessation methods
While NRT smoking cessation aids is expected to continue to grow in Ireland, there are likely to be challenges from alternative smoking cessation methods, such as e-vapour products. Vaping is expected to compete with NRT smoking cessation aids, as this is cheap, and closely mimics the physical act and sensation of smoking.
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Overview:
Understand the latest market trends and future growth opportunities for the NRT Smoking Cessation Aids industry in Ireland 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 NRT Smoking Cessation Aids industry in Ireland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The NRT Smoking Cessation Aids in Ireland 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 NRT Smoking Cessation Aids in Ireland?
- Which are the leading brands in NRT Smoking Cessation Aids in Ireland?
- How are products distributed in NRT Smoking Cessation Aids in Ireland?
- How has the regulatory and operating environment for NRT Smoking Cessation Aids changed in Ireland?
- How are considerations such as stress, self-medication and shifting consumer lifestyles shaping demand for NRT Smoking Cessation Aids
- How significant are wider health concerns and consumer awareness in determining sales?
- Where is future growth expected to be most dynamic?
NRT Smoking Cessation Aids in Ireland - Category analysis
KEY DATA FINDINGS
Increasing demand for NRT gum
McNeil Healthcare maintains its dominance
Government support enhances accessibility
Sustained growth anticipated for NRT smoking cessation aids
Innovation and product development
Challenges from alternative cessation methods
Consumer Health in Ireland - Industry Overview
Consumer health in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer health?
OTC registration and classification
Vitamins and dietary supplements registration and classification
Self-medication/self-care and preventive medicine
Switches
DISCLAIMER
DEFINITIONS
The following categories and subcategories are included:
NRT Smoking Cessation Aids
- NRT Gum
- NRT Inhalators
- NRT Lozenges
- NRT Patches
- Other NRT
NRT Smoking Cessation Aids
Nicotine-based products such as gum, lozenges, patches, and inhalators used to aid smoking cessation. Exclude electronic cigarettes (e-cigarettes).
See all of our definitionsWhy buy this report?
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This report originates from Passport, our NRT Smoking Cessation Aids research and analysis database.
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