Mexico Cigarettes Market Analysis and Forecast by Segments, Distribution Channel, Competitive Landscape and Consumer Segmentation, 2021-2026
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Mexico Cigarettes Market Report Overview
The Mexico cigarettes market size was MXN115.3 billion ($5.7 billion) in 2021 and is expected to increase at a CAGR of more than 3% during 2021-2026. Despite rising tobacco prices, sales are expected to slightly rebound during 2021-2026. In 2021, according to the new act, the minimum legal age for purchasing tobacco products had been increased to 21 years. The Mexico cigarettes market research report provides a comprehensive overview of the tobacco sector in Mexico.
Mexico Cigarettes Market Outlook
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Mexico Cigarettes Market Segmentation by Categories
The key categories in the Mexico cigarettes market are filter cigarettes and plain cigarettes. The filter cigarettes category was the largest in the market. Filter cigarettes can be further subdivided into filter cigarettes 100s, filter cigarettes king size, filter cigarettes regular, and other filter cigarettes. Plain cigarettes can be further subdivided into plain cigarettes regular and other plain cigarettes.
Mexico Cigarettes Market Analysis, by Categories
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Mexico Cigarettes Market Segmentation by Distribution Channels
The key distribution channels in the Mexico cigarettes market are convenience stores, tobacco specialists, hypermarkets & supermarkets, department stores, and cash & carries and warehouse clubs. Convenience stores was the leading distribution channel in the cigarettes category in 2021.
Mexico Cigarettes Market Analysis, by Distribution Channels
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Mexico Cigarettes Market - Competitive Landscape
The leading companies in the Mexico cigarettes market are Philip Morris International Inc, British American Tobacco Plc, and Japan Tobacco Inc. Philip Morris International Inc was the leading company in the cigarettes category in Mexico in 2021.
Mexico Cigarettes Market Analysis, by Companies
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Scope
The report provides:
- Market Context: The report provides comparative analysis of the value shares of Mexico in the Asia-Pacific and global tobacco sector. Additionally, the per capita expenditure of tobacco in Mexico is also compared with the regional and global levels.
- Market Size and Structure : The report offers an overview of the growth at a sector level and provides analysis of four categories: cigarettes. These categories are analyzed by value, volume, and CAGR for the period 2016–2026. The section also includes value analysis of segments, value and volume analysis of sub-segments segments under each category for the period 2016–2026.
- Production and Trade: Provides analysis on per capita expenditure of tobacco in Mexico, by category, compared to the regional and global markets. Further, analysis on the leading distribution channels at category level in 2021. The consumer sector reports cover the following eight distribution channels: cash & carries and warehouse clubs, convenience stores, department stores, e-retailers, hypermarkets & supermarkets, tobacco specialists, vending machines, and other general retailers.
- Taxation : It covers taxation landscape in the country and effects in the tobacco sector
- Manufacturers and Brands: The report provides analysis on leading companies by category in 2021 and analyzes the market share and growth of private label in each category.
- The Smoking Population: The report covers consumption of tobacco by gender in Mexico.
- Operating Constraints: The report cover the impact of policies and regulation on tobacco sector in Mexico.
- Prospects and Forecasts: The report covers forecast analysis of categories in the tobacco sector
- Macroeconomic analysis: The report also provides an outlook on macroeconomic indicators in Mexico, with a detailed summary of the economy, labor market, and demographics.
- Exchange rates: Exchange rates used to convert local currency to US dollars are annual average floating exchange rates.
- Time period: The report provides sector value and volume data, including category and sector level data for the period 2016–2026. Distribution channel data is of 2020, and company data is included for 2021.
Key Highlights
- Convenience stores was the leading distribution channel in the cigarettes category
- Philip Morris International Inc was the leading company in the cigarettes category
- Per capita expenditure of tobacco was lower in Mexico than regional and global levels in 2021
- Smoking prevalence in Mexico was higher among men than women.
Reasons to Buy
- Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
- Identify the areas of growth and opportunities, which will aid effective marketing planning.
- The differing growth rates in regional product sales drive fundamental shifts in the market.
- This report provides detailed, authoritative data on these changes – prime intelligence for marketers.
- Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
Table of Contents
Frequently asked questions
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What was the Mexico cigarettes market size in 2021?
The cigarettes market size in Mexico was MXN115.3 billion ($5.7 billion) in 2021.
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What is the Mexico cigarettes market growth rate?
The cigarettes market in Mexico is expected to achieve a CAGR of more than 3% during 2021-2026.
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What are the key categories of the Mexico cigarettes market?
The key categories in the Mexico cigarettes market are filter cigarettes and plain cigarettes.
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What are the key distribution channels of the Mexico cigarettes market?
The key distribution channels in the Mexico cigarettes market are convenience stores, tobacco specialists, hypermarkets & supermarkets, department stores, and cash & carries and warehouse clubs.
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Which are the leading companies in the Mexico cigarettes market?
The leading companies in the Mexico cigarettes market are Philip Morris International Inc, British American Tobacco Plc, and Japan Tobacco Inc.
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