While cigarette consumption is set to decline, cigars and cigarillos consumption is projected to maintain relatively stable retail volume growth over the forecast period. This stability will be supported by consistent consumer demand from younger smokers, especially Millennials and Gen Z, as well as cigar aficionados.
Cigars are expected to be the fastest-growing range in the category over the forecast period. Despite demographic challenges, consumer demand for cigars will remain strong.
Fine cut tobacco is losing its market grip, with consumer demand for products and brands in this category expected to continue declining over the forecast period. Several factors contribute to this sluggish performance: a shrinking consumer base due to demographic decline, continued reduction in smoking prevalence, and a shift towards heated tobacco products.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Bosnia and Herzegovina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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