With the ongoing trend of falling smoking prevalence in Taiwan, the market for NRT smoking cessation aids is projected to further decline in retail value sales (at constant 2024 prices) throughout the forecast period. Only around 3% of women are current smokers, compared to 22% of men.
The growing popularity of e-cigarettes and the introduction of new smoking cessation medications may present challenges for traditional NRT products. As smoking rates rise, particularly among women, there is a potential shift towards seeking professional assistance or support groups that offer medical interventions.
Given that demand is in long-term decline, NRT smoking cessation aids is unlikely to witness the entry of new players over the forecast period. Accordingly, GSK Consumer Healthcare and Johnson & Johnson should continue to dominate the competitive landscape.
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Understand the latest market trends and future growth opportunities for the NRT Smoking Cessation Aids industry in Taiwan 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 Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 definitionsThis report originates from Passport, our NRT Smoking Cessation Aids research and analysis database.
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