During the forecast period, there is expected to be a further substantial increase in the demand for closed system single-use products. This growth can be attributed to the convenience and portability of these products, as well as their various price points that can meet the budgets of different consumers.
Heated tobacco products is also expected to see strong growth during the forecast period. In early 2023, Philip Morris unveiled a new product, Bonds by iQOS, which is priced at COP50,000, making it more accessible to consumers than the original iQOS tobacco heating devices.
While open vaping systems is expected to see positive growth rates over the forecast period it is expected to underperform compared to closed vaping systems. These types of devices are not easy to use for many consumers and are time-consuming in terms of cleaning and maintenance procedures.
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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 Colombia 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 Smokeless Tobacco, E-Vapour Products and Heated Tobacco industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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