Just Published: "Cigars in Lithuania"

From: Fast Market Research, Inc.
Published: Wed Aug 20 2014

Lithuania lacks a tradition of cigar/cigarillos smoking, which, coupled with strict advertising restrictions, remain the largest impediment to growth. Cigars was non-existent before the independence of the country and increasing supply was preceded by various regulations. As a result, consumers found out about these products whilst travelling abroad or simply observing cigar smoking action heroes in Hollywood films.

Competitive Landscape

Skonis ir Kvapas UAB is the major retailer of cigars excluding cigarillos. Whilst the importance of cigar smoking clubs is high for development and education of the market, their number remains very limited and they are exclusively city phenomena. Meanwhile, Skonis ir Kvapas has an extensive network of stores all over the country and is able to reach a much bigger audience.

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Industry Prospects

Two opposing forces will shape the performance of cigars over the forecast period. Gradually rising disposable incomes and rising understanding of nuances of cigars will have a positive impact on the category. However, the industry will remain under regulatory restrictions, as the regulatory burden will not get any easier. Further tax increases for cigars and cigarillos are already planned over the forecast period and will also curb the appeal of products.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Cigars industry in Lithuania 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 Cigars industry in Lithuania, our research will save you time and money while empowering you to make informed, profitable decisions.

The Cigars in Lithuania 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  
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Cigars in Lithuania?
* What are the major brands in Lithuania?
* What are the main distribution channels for cigars in Lithuania and which are performing well?
* What is the proportion of hand-made versus machine manufactured cigars in Lithuania?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

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You may also be interested in these related reports:

- Cigars in Finland
- Cigars in Portugal
- Cigars in Spain
- Cigars in Estonia
- Cigars in Switzerland
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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