Read our latest reports on Latin America here, with analyses and ...
Read our latest reports on Latin America here, with analyses and market statistics that explore the evolving consumer preferences, market environment and inherent growth potential in individual countries, or briefings that assess key strategic themes...
Since the main consumers of e-vapour products are young, they have limited purchasing power and as a result, they are attracted to the more affordable single-use e-vapour products. As a result, there has been a significant increase in single-use…
Smokeless tobacco, e-vapour products, and heated tobacco are no longer available in the Mexican market after being banned in 2020, so there is no current data available.
In January 2022, a 20% tax increase came into effect on electronic cigarettes and vaping products (liquid and accessories). The new law imposes a 20% tax on vapers, as well as e-liquids and electronic devices used for vaping. In addition, consumers…
Over the review period, smokeless tobacco, e-vapour products and heated tobacco grew at high velocity, with value sales over 20 times higher in 2023 compared to the start of the review period. Outstanding sales of e-vapour products, namely closed…
E-vapour products have become extremely popular in Chile, finding a solid consumer base amongst people in their 20s and 30s. Small specialist stores and informal online sellers have taken advantage of this trend, promoting an important increase in…
E-vapour products saw a marked rise in retail value sales in Ecuador in 2023. E-vapour products was a category that was subject to very low levels of control by the authorities during the review period. However, as it has gained space within the…
The burgeoning heated tobacco category continued to register rising demand during 2022 as smokers who had previously preferred more traditional cigarettes continued to migrate towards this next generation alternative to cigarettes. At the time of…
Novel tobacco heating devices and accompanying heated tobacco sticks saw further expansion in 2022. In addition to the Phillip Morris International IQOS system, which arrived on the scene in 2017, the same company introduced a lower-cost system at…
The coronavirus (COVID-19) pandemic has triggered the most severe global recession since World War II. In Q4 2020, the end of the pandemic started as countries began administering effective vaccines among the population; however, vaccine distribution…
This report examines inflation levels and drivers globally and in key countries in Q4 2023 and 2024. Global inflation is moderating, although divergence remains among the key economies. Higher volatility in the energy markets and disruption of…