Cigarettes and Boxes Will Continue to Dominate Portugal’s Tobacco & Tobacco Product Market, Despite Strong Value Growth for Loose Tobacco
Cigarettes will continue to dominate Portugal’s Tobacco and Tobacco products market in terms of market size by value, according to this new report, The Future of the Tobacco & Tobacco Products Packaging Market in Portugal to 2017 , which predicts that the market will be worth €2,083.8 million by 2017, whilst the whole Tobacco & Tobacco products market will expand at a CAGR of 0.78% between 2012 and 2017.
Despite this, it will be Loose Tobacco that will see the largest category growth, continuing the trend of the past five years, where it has expanded at a CAGR of 4.10%. Indeed, this report predicts that the pace of growth will increase, with a predicted CAGR of 4.39% for Loose Tobacco between 2012 and 2017.
Reflecting Cigarettes’ domination of the market, Boxes will continue to be far and away the most popular container type by packs, with 544.6 million set to be sold in 2017. Despite this however, this research indicates that there will actually be a market contraction in terms of packs sold, with an overall decline forecast at a CAGR of -1.48% between 2012 and 2017.
This report is the result of extensive packaging market research covering retail Alcoholic Drinks packaging in Portugal, and is an essential tool both for companies already active across the Alcoholic Drinks industry, and for new players considering entry into Portugal’s Alcoholic Drinks market. It provides:
- In-depth quantitative data on retail Tobacco & Tobacco products packaging, covering key segmentations such as pack material and type, closure material and type, and outer information for the current year, and the extreme ends of the historical and forecast periods.
- Comprehensive tables and charts that offer a breakdown of packaging consumption to clearly establish market trends, packaging dynamics and future growth areas.
- Forecasts that equip marketers with proper understanding of future market trend patterns, facilitating the quick and easy identification of areas where they wish to compete.
- Detailed clarification, by product category, where growth opportunities in packaging materials and types lie, to facilitate effective market planning.
- Analysis of shifting market dynamics to equip organizations and individuals with the knowledge they need to ensure maximum future sales.
Uniquely positioned to provide compelling, actionable market intelligence thanks to its rigorous research methodology – which encompasses internal resources, extensive desk research, market modelling, and the input of its panel of leading industry executives – we are able to combine research on general industry drivers and trends with expert’s attitudes and behaviours, making The Future of the Tobacco & Tobacco Products Packaging Market in Portugal to 2017 required reading for those serious about reacting to market trends and capitalising on opportunities in the Portuguese Tobacco & Tobacco Product market.