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Contraction of the Costa Rican economy in 2019 as a result of general tax reforms resulted in consumers becoming more cautious in their spending. The low-income population was particularly affected by reduced spending power.
Players shift brands to maintain regional alignment
The Chesterfield brand transitioned to the Derby brand by Philip Morris International Inc (PMI) at the end of the review period. A similar strategy proved successful for British American Tobacco Plc (BAT), which shifted focus from Delta to Pall Mall.
2020 AND BEYOND
In 2020, sales of cigarettes are now expected to grow by just 1% in constant 2019 value terms in light of the impact of COVID-19. This compares to a 3% rise in sales forecast in our 2019 edition of tobacco.
Recovery and opportunities
Post-pandemic, the cigarettes category will continue to be confronted by consumers who seek to reduce their expenditure on tobacco by shifting to purchases of illicit products. They will also be more health-conscious in the post-pandemic environment, particularly regarding immune health.
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Discover the latest market trends and uncover sources of future market growth for the Cigarettes industry in Costa Rica with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Cigarettes industry in Costa Rica, our research will save you time and money while empowering you to make informed, profitable decisions.
The Cigarettes in Costa Rica market research report includes:
Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Production, imports, and exports of finished cigarettes
Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
What is the market size of Cigarettes in Costa Rica?
What are the major brands in Costa Rica?
What is the legislative environment like in Costa Rica?
What are the rates of cigarette taxation in Costa Rica?
Do premium, mid-price or economy cigarettes dominate in Costa Rica?
What is the rate of illicit trade in Costa Rica?
How many smokers are there in the country?
Why buy this report?
Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions
Table 23 Number of Adult Smokers by Gender 2014-2019
Table 24 Sales of Tobacco by Category: Volume 2014-2019 Table 25 Sales of Tobacco by Category: Value 2014-2019 Table 26 Sales of Tobacco by Category: % Volume Growth 2014-2019 Table 27 Sales of Tobacco by Category: % Value Growth 2014-2019 Table 28 Forecast Sales of Tobacco by Category: Volume 2019-2024 Table 29 Forecast Sales of Tobacco by Category: Value 2019-2024 Table 30 Forecast Sales of Tobacco by Category: % Volume Growth 2019-2024 Table 31 Forecast Sales of Tobacco by Category: % Value Growth 2019-2024
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
Summary 4 Research Sources
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.