The fine cut tobacco segment, being of great market significance, will experience a decline in consumer demand during the forecast period. This downward trend will have a notable effect on the entire cigars, cigarillos, and smoking tobacco market, leading to a moderate reduction in retail value.
Cigars are expected to experience significant growth within the forecast period, continuing the trend observed in 2022. Local tobacco connoisseurs and dedicated cigar aficionados will play a crucial role in driving this growth.
The consumer demand for fine cut tobacco is anticipated to diminish during the forecast period as more individuals quit smoking or shift to less harmful alternatives, such as non-combustible products. Conversely, pipe tobacco is projected to experience stable consumer demand, primarily influenced by tobacco connoisseurs who appreciate the unique qualities of this specific tobacco type.
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Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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