Tobacco Market in Cuba 2022-2026

Technavio has been monitoring the tobacco market in Cuba and it is poised to grow by $ 1.67 bn during 2022-2026, accelerating at a CAGR of 3.27% during the forecast period. Our report on the tobacco market in Cuba provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current country's market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for cigars and smoking tobacco products, online retailing, and increasing new product launches.

The tobacco market in Cuba analysis includes product segment and geographic landscape.

Technavio's tobacco market in Cuba is segmented as below:

By Product

Cigar
Others

By Type

Combustible tobacco products
Smokeless tobacco products

This study identifies the adoption of western culture lifestyle as one of the prime reasons driving the tobacco market in Cuba's growth during the next few years. Also, an increase in the average disposable income and increasing organized retail outlets selling tobacco products will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the tobacco market in Cuba covers the following areas:

The tobacco market in Cuba sizing
Tobacco market in Cuba forecast
Tobacco market in Cuba industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tobacco market in Cuba vendors that include Brascuba Cigarrillos SA, China Tobacco International Co. Ltd., General Cigar Co. Inc., Habanos SA, Imperial Brands Plc, and Philip Morris International Inc. Also, the tobacco market in Cuba analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR73607

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 11: Chart on Cuba - Market size and forecast 2021-2026 ($ million)
Exhibit 12: Data Table on Cuba - Market size and forecast 2021-2026 ($ million)
Exhibit 13: Chart on Cuba: Year-over-year growth 2021-2026 (%)
Exhibit 14: Data Table on Cuba: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 15: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 16: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 17: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 18: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 19: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 20: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments
Exhibit 22: Chart on Product - Market share 2021-2026 (%)
Exhibit 23: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 24: Chart on Comparison by Product
Exhibit 25: Data Table on Comparison by Product
5.3 Cigar - Market size and forecast 2021-2026
Exhibit 26: Chart on Cigar - Market size and forecast 2021-2026 ($ million)
Exhibit 27: Data Table on Cigar - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Chart on Cigar - Year-over-year growth 2021-2026 (%)
Exhibit 29: Data Table on Cigar - Year-over-year growth 2021-2026 (%)
5.4 Others - Market size and forecast 2021-2026
Exhibit 30: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 32: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 33: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Product
Exhibit 34: Market opportunity by Product ($ million)

6 Market Segmentation by Type

6.1 Market segments
Exhibit 35: Chart on Type - Market share 2021-2026 (%)
Exhibit 36: Data Table on Type - Market share 2021-2026 (%)
6.2 Comparison by Type
Exhibit 37: Chart on Comparison by Type
Exhibit 38: Data Table on Comparison by Type
6.3 Combustible tobacco products - Market size and forecast 2021-2026
Exhibit 39: Chart on Combustible tobacco products - Market size and forecast 2021-2026 ($ million)
Exhibit 40: Data Table on Combustible tobacco products - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Chart on Combustible tobacco products - Year-over-year growth 2021-2026 (%)
Exhibit 42: Data Table on Combustible tobacco products - Year-over-year growth 2021-2026 (%)
6.4 Smokeless tobacco products - Market size and forecast 2021-2026
Exhibit 43: Chart on Smokeless tobacco products - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Data Table on Smokeless tobacco products - Market size and forecast 2021-2026 ($ million)
Exhibit 45: Chart on Smokeless tobacco products - Year-over-year growth 2021-2026 (%)
Exhibit 46: Data Table on Smokeless tobacco products - Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by Type
Exhibit 47: Market opportunity by Type ($ million)

7 Customer Landscape

7.1 Customer landscape overview
Exhibit 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 49: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 50: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 51: Overview on factors of disruption
9.4 Industry risks
Exhibit 52: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 53: Vendors covered
10.2 Market positioning of vendors
Exhibit 54: Matrix on vendor position and classification
10.3 Brascuba Cigarrillos SA
Exhibit 55: Brascuba Cigarrillos SA - Overview
Exhibit 56: Brascuba Cigarrillos SA - Product / Service
Exhibit 57: Brascuba Cigarrillos SA - Key offerings
10.4 China Tobacco International Co. Ltd.
Exhibit 58: China Tobacco International Co. Ltd. - Overview
Exhibit 59: China Tobacco International Co. Ltd. - Product / Service
Exhibit 60: China Tobacco International Co. Ltd. - Key offerings
10.5 General Cigar Co. Inc.
Exhibit 61: General Cigar Co. Inc. - Overview
Exhibit 62: General Cigar Co. Inc. - Product / Service
Exhibit 63: General Cigar Co. Inc. - Key offerings
10.6 Habanos SA
Exhibit 64: Habanos SA - Overview
Exhibit 65: Habanos SA - Product / Service
Exhibit 66: Habanos SA - Key offerings
10.7 Imperial Brands Plc
Exhibit 67: Imperial Brands Plc - Overview
Exhibit 68: Imperial Brands Plc - Business segments
Exhibit 69: Imperial Brands Plc - Key offerings
Exhibit 70: Imperial Brands Plc - Segment focus
10.8 Philip Morris International Inc.
Exhibit 71: Philip Morris International Inc. - Overview
Exhibit 72: Philip Morris International Inc. - Business segments
Exhibit 73: Philip Morris International Inc. - Key offerings
Exhibit 74: Philip Morris International Inc. - Segment focus

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 75: Inclusions checklist
Exhibit 76: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 77: Currency conversion rates for US$
11.4 Research methodology
Exhibit 78: Research methodology
Exhibit 79: Validation techniques employed for market sizing
Exhibit 80: Information sources
11.5 List of abbreviations
Exhibit 81: List of abbreviations