Cigarillos in particular will register healthy volume growth over the forecast period. They are more affordable than cigars and consumers also enjoy the flavour options.
With consumers expected to continue to be price sensitive over the forecast period, fine cut tobacco is predicted to register further volume growth. If inflation remains high, on top of continued tax hikes for tobacco, price-sensitive consumers will opt to toll their own cigarettes with fine cut tobacco, rather than buying cigarettes.
One reason that cigarillos have seen strong growth in comparison with cigars is that they are smaller and thinner and for many consumers, they are deemed easier to smoke. However, a growing trend is smaller cigars, as consumers increasingly prefer a shorter smoking experience.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Uruguay 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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