Cigars and cigarillos are expected to see retail volume sales return to growth in 2024 as confidence and purchasing power among North Macedonians rebound in line with the anticipated easing of inflationary pressures. The outlook for the rest of the forecast period is bright, with both categories predicted to register consistently positive results.
Fine cut tobacco is expected to remain the strongest performer within cigars, cigarillos and smoking tobacco in retail volume growth terms over the forecast period. The appeal of this product type as an economical alternative to cigarettes will continue to increase as the latter become steadily more expensive due to regular tax hikes.
E-commerce should continue to gain importance as a distribution channel in cigars, cigarillos and smoking tobacco over the forecast period. Due to changes brought about by COVID-19, many consumers in North Macedonia have recently become more comfortable with buying tobacco products online and developed a greater appreciation for the convenience, extensive variety and potential for better price deals this method affords.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in North Macedonia 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 North Macedonia, 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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