According to cigar manufacturers the average age of their consumers was 55 only a few years ago, but today it is now 35. This base of young professionals have the purchasing power to choose higher quality tobacco products, including cigars, with this opening up opportunities for manufacturers to strengthen their portfolio with new alternatives aimed at this younger audience.
Import barriers have been strengthened in Mexico according to trade interviews. Tobacco containers can face a Militarised Customs unit that forces them to go through intense review processes.
Smoking prevalence is slowly declining in Mexico and this is not only impacting cigarettes but also other tobacco products, including cigars, cigarillos and smoking tobacco. Consumers are increasingly looking to follow healthier lifestyles and the ease of access to information has accelerated their decision to quit smoking.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cigars, Cigarillos and Smoking Tobacco industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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