United Kingdom Cigars and Cigarillos, 2021

United Kingdom Cigars and Cigarillos, 2021

  • January 2021 •
  • 95 pages •
  • Report ID: 5843031 •
  • Format: PDF
United Kingdom Cigars and Cigarillos, 2021

Summary
United Kingdom Cigars and Cigarillos, 2021, is an analytical report that provides extensive and highly detailed current and future market trends in the Uk tobacco market.It covers market size and structure along with per capita and overall consumption.

Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2030.

Tobacco is a market that is in long-term decline in the UK.A combination of rising prices, growing health awareness, and the recent arrival of safer alternatives, such as e-cigarettes, resulted in all sectors suffering a fall in sales.

As of 2020 total volumes were forecast to be down by 35.4% from levels a decade earlier. Cigarettes dominate with 74% of sales in 2020 followed by smoking tobacco with 23.7% of sales. Cigars and cigarillos take a much smaller share of the market with 2.1% of volumes in 2020.

Scope
- Cigars and cigarillos share is up over the past decade from 1.9% in 2010 to 2.1% in 2020 in the UK tobacco market with the arrival of menthol cigarillos in 2020 doing much to stimulate this market.
- COVID-19 is forecast to have a positive impact for the market with the early lockdown and the wider trend towards working from home both assisting in sales. The analyst believes that volumes, excluding menthol cigarillos which are set to see strong sales in 2020 above 2018.
- There has been a shift in the pattern of trade towards importing smaller cigar products since the beginning of the 1990s.
- The UK cigar market is largely in the hands of four major suppliers, Scandinavian Tobacco Group (STG), previously known as Henri Wintermans; Gallaher, part of Japan Tobacco; and, to a lesser extent, Ritmeester and Imperial Tobacco.

Reasons to Buy
- Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market. Identify the areas of growth and opportunities, which will aid effective marketing planning.
- The differing growth rates in regional product sales drive fundamental shifts in the market.
- This report provides detailed, authoritative data on these changes - prime intelligence for marketers.
- Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
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