The overall outlook for cigars, cigarillos and smoking tobacco in Finland looks to be fairly bleak for the foreseeable future, with a further decline in sales in retail volume terms. In the case of smoking tobacco, demand will be negatively impacted by the recent introduction of plain packaging regulations, which came into force in May 2023.
Cigars, on the other hand, will see a more positive performance, although the rate of volume growth will decline as the forecast period progresses. The evolution of the category will be dependent on many factors, including the economic situation, future legislation and the ability to build sales amongst younger males of legal smoking age.
The trend of consistent tax increases for tobacco products, including cigars, cigarillos and smoking tobacco, will continue over the forecast period, as the Finnish government seeks to decrease the attractiveness of such products. The reason behind the relatively high increase in excise duty for fine tobacco is the government’s intention to reduce the gap between the prices of fine cut tobacco and cigarettes.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Finland 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.
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Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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