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Tobacco Products - Mauritius

Mauritius

  • In ****, the revenue in the Tobacco Products market in Mauritius amounts to US$*****m.
  • It is projected to experience an annual growth rate of *****% (CAGR *********).
  • The largest segment in this market is Cigarettes, with a market volume of US$****m in ****.
  • Comparing globally, China generates the highest revenue in the Tobacco Products market, amounting to US$***bn in ****.
  • When considering the total population, the per person revenue generated in Mauritius is US$***** in ****.
  • By ****, online sales are expected to contribute ***% of the total revenue in the Tobacco Products market.
  • Mauritius has seen a shift towards premium tobacco products with a focus on luxury brands and unique blends.

Revenue

Volume

Price

Sales Channels

Global Comparison

Analyst Opinion

Tobacco products have been the focus of tightening regulations for decades. Higher taxation and increasing health awareness among consumers have reduced smoking rates and volume consumption significantly in the past. Over the forecast period, a certain stabilization of these losses is expected to happen. Most growth in the sector, however, is attributable to novel, risk-reduced products that can broadly be classified as vaping products or e-cigarettes (e.g., Juul).

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Tobacco products, namely, Cigarettes, Cigars, Smoking Tobacco, and E-Cigarettes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as smoking rates, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing and regression analysis. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

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Key Market Indicators

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