Tobacco

Technological advances in 2024 will continue to reshape consumer behaviour. This annual report explores the top five digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this report’s edition…

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…

In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…

The tobacco market in Canada is undergoing significant changes, driven by declining smoking rates, the rise of alternatives such as vaping, and a focus on harm reduction. Smoking rates in Canada have been steadily declining over the past few decades…

E-vapour products have seen tremendous growth over the review period and saw continued growth in 2022 as, with rising health awareness, there is a consistent trend for smokers to switch to alternatives perceived as less harmful. Single-use vapour…

Despite challenges in the tobacco market, the large cigar market in Canada continues to attract a dedicated following among cigar aficionados and other tobacco enthusiasts. Some retailers have reported an increase in sales of premium cigars which…

The number of Canadians who smoke has recorded further decline to 16.4% in 2022. Restrictions continue to be tightened, with the introduction of new regulations which would put health warnings on individual cigarettes, not just on the packaging.…

The performance of tobacco in the US was disappointing in 2022, with volume declines across most categories. High inflationary pressure in the country had an impact on consumption, as consumers had to allocate more of their budget to essentials such…

Synthetic e-vapour products, prominent in single-use formats, grew to be a popular loophole product to evade the FDA’s enforcement of a flavour ban on e-vapour products. In April 2022, the FDA also gained authority of synthetic products, and required…

For the past couple years, cigar manufacturers had a hard time keeping up with demand, given limited production schedules during the pandemic. When products were available, manufacturers still had problems moving them around the globe and getting…