It is expected demand for nicotine salts will continue to rise in Costa Rica over the forecast period. As compared to standard e-liquids, they deliver a faster and more concentrated nicotine hit, in addition to being smoother on the throat and producing less vapour.
Philip Morris looks set to maintain its dominant position in heated tobacco over the forecast period. Given the strong early mover advantage enjoyed by the IQOS and HEETS brands and the likelihood that the recently launched ILUMA and TEREA ranges will attract a wider audience, it is doubtful any other players capable of mounting a significant challenge to the company will emerge in the short-to-medium term.
Retail volume sales of closed vaping systems are expected to decline steadily throughout the forecast period as more consumers come to favour open varieties. Rising appreciation for the value-for-money proposition and versatility of open systems will continue to underpin this trend, though it should also be supported by the growing availability of more competitively priced options.
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Understand the latest market trends and future growth opportunities for the Smokeless Tobacco, E-Vapour Products and Heated Tobacco industry in Costa Rica with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Smokeless Tobacco, E-Vapour Products and Heated Tobacco
Combined total of the four categories: Smokeless (including moist snuff and chewing tobacco), e-vapour products, heated tobacco and tobacco free oral nicotine.
See All of Our DefinitionsThis report originates from Passport, our Smokeless Tobacco, E-Vapour Products and Heated Tobacco research and analysis database.
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