Smoking tobacco is expected to continue to decline in the forecast period, with further planned increases in excise duties in 2023 and 2024 being the main reason for this trend. As a result of these tax hikes, Belgium will lose its attractiveness to neighbouring countries, such as France, as a source of cheap smoking tobacco and cross-border trade , which used to represent an estimated 30% of the domestic smoking tobacco market, will slowly disappear.
The consumer base for cigars and cigarillos is shrinking every year, due to the ageing of the population. Consequently, the leading players within the subcategory will have to find a strategy to recruit new consumers.
Cigars and cigarillos were not covered by the new legislation on plain packaging introduced in early 2020, although the government may decide to include these products in the future. The most popular flavour for cigars and cigarillos is vanilla, and this has become a favourite, following the ban on menthol cigarettes.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Belgium 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 Belgium, 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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