Demand for cigars and cigarillos is expected to see decline towards the end of the forecast period, due to the rising popularity of more modern types of tobacco products. E-vapour products and heated tobacco have a trendier, more contemporary image.
Cigars will likely remain niche and premium positioned over the forthcoming years, with growth driven mainly by cigar enthusiasts. Increasing prices are unlikely to deter affluent smokers but should also attract new smokers.
The popularity of fine cut tobacco is unlikely to diminish substantially in Bulgaria during the forecast period and this reflects the excellent value for money that fine cut tobacco represents. Unlike other categories with a more upmarket image in which premium products dominate sales such as pipe tobacco and cigars, fine cut tobacco has been relatively unaffected by the emerging popularity of vaping as a trendier substitute to smoking.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Bulgaria 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 Bulgaria, 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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