Cigarillos and fine cut tobacco represent two high-volume product categories that are set to maintain their pricing edge over cigarettes. However, it is unlikely that their sales volumes will return to pre-COVID-19 pandemic levels.
The cigar industry is poised for continued growth following the resolution of the COVID-19 pandemic, as increasing prices are unlikely to deter affluent smokers. Cigar consumption is closely tied to a premium experience reserved for special occasions and exclusive settings.
As cigarillos will remain a high-volume product in the forecast period, frequent product development and the launch of new products could be key to gaining share. Cigarillos will be increasingly popular in the price-sensitive segments of the Hungarian market.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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