Boston, MA -- (ReleaseWire) -- 07/30/2014 -- Smoking tobacco remained by far the smallest and most underdeveloped of the three main tobacco categories in Colombia in 2013. It was dominated by pipe tobacco, with demand for RYO tobacco products remaining negligible. Due to the relatively low cost of machine-manufactured cigarettes, there is no real tradition of RYO tobacco consumption in the country. Pipe tobacco meanwhile is a niche category that primarily appeals to a small base of older male consumers. While water pipe (hookah) smoking did gain popularity among some younger Colombians during the review period, any benefit that this trend had in terms of bolstering demand for pipe tobacco products was dampened by the ban on smoking in bars and restaurants.
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Swedish Match was the leading company in smoking tobacco in 2013 with a retail volume share of 19%, followed by BAT with a 16% share. Both companies import products (mainly pipe tobacco) from abroad and distribute them to retailers across Colombia.
Growth in retail volume sales of smoking tobacco over the forecast period is expected to be much slower than that recorded during the review period, as is value sales growth at constant 2013 prices. This is mainly because the category relies on a niche base of older male smokers who are not being replaced by new ones. Pipe tobacco will remain the dominant product type, with consumption of RYO tobacco expected to remain negligible due to the relatively low cost of machine-manufactured cigarettes in Colombia.
Discover the latest market trends and uncover sources of future market growth for the Smoking Tobacco industry in Colombia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Smoking Tobacco industry in Colombia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Smoking Tobacco in Colombia market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Production, imports by origin, exports by destination
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Smoking Tobacco in Colombia?
- What are the major brands in Colombia?
- How was toys and games affected by the global recession?
- Which product categories performed best in the last year?
- What are the new any safety regulations affecting the industry?
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Product coverage: Pipe Tobacco, RYO Tobacco.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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