With rising inflation and a tax hike on tobacco (eg Federal Excise Tax in February 2023), cigar prices are set to rise. This is likely to limit retail volume growth, while pushing retail value sales.
Compared with cigarettes, the category of cigars is not widely affected by smuggled and illicit products. Importantly, duty stamps are not as much a priority for cigars as they are for cigarettes.
The key wealthy consumer base for cigars in Pakistan is ageing. This is seeing this demographic reduce its consumption of cigars in line with increased health awareness and the higher potential for ailments and disease.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Pakistan 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 Pakistan, 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
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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