Retail volume sales of cigars and cigarillos are expected to continue to fall over the forecast period. The impulses during the COVID-19 pandemic are set to continue to dry up.
Even though many local consumers tend to be affluent in an international context, the supply of cigars by Corporación Habanos is set to continue to fall in view of the growing demand in other regions of the world. The prestige of Cuban cigars may increase as a result, but many consumers are likely to continue to turn away and look for alternatives.
Little innovation is expected in cigars, cigarillos and smoking tobacco in general in the short to medium term, as most consumers are simply looking for classic tobacco flavours and straight-forward products without frills. However, compared to neighbouring EU countries, for instance, Swiss law still affords quite a lot of freedom, which is why the domestic market is likely to continue to be stimulated by flavour innovations in cigarillos, for example.
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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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