Rising prices are expected to continue posing a challenge to the category’s volume growth over the forecast period, as the UK government is expected to further increase tobacco duty to discourage local consumers from smoking. However, despite expected high price growth, cigar volumes are expected to remain mostly stable, despite further declines over the forecast period.
The upcoming implementation of an extension to Track and Trace legislation poses a challenge for category players and retailers of cigars, cigarillos and smoking tobacco in the UK over the forecast period. This legislation, set to take effect from 20 May 2024, mandates that all retailers selling cigars and/or pipe tobacco must register with the Track and Trace programme.
The government is actively pursuing measures to discourage smoking and aims to achieve a smoke-free UK by 2030. One such initiative is the Tobacco and Vapes Bill, introduced in Parliament on 20 March 2024.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in United Kingdom 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 United Kingdom, 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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