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.
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.
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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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.
Cigars, Cigarillos and Smoking Tobacco
Combined sales of cigars, cigarillos and smoking tobacco.
See all of our definitionsThis report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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