
Tobacco in Honduras
Description
Honduras faces a complex economic scenario, being one of the countries with the highest poverty rates in the region. It is estimated that nearly three-quarters of its population lives below the national poverty the country's inflation rate in 2024 was more controlled than in the previous two years, standing at 3.9% according to the Central Bank of Honduras (BCH), this was not reflected in noticeable improvements in consumers' purchasing power. Prices for everyday items did not decreas...
Euromonitor International's Tobacco in Honduras report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2020-2024, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be the new legislative, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Cigarettes, Cigarettes (Illicit+Legal), Cigars, Cigarillos and Smoking Tobacco, E-Vapour Consumables (Illicit+Legal), Smokeless Tobacco, E-Vapour Products and Heated Tobacco.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Tobacco market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International's Tobacco in Honduras report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2020-2024, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be the new legislative, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Cigarettes, Cigarettes (Illicit+Legal), Cigars, Cigarillos and Smoking Tobacco, E-Vapour Consumables (Illicit+Legal), Smokeless Tobacco, E-Vapour Products and Heated Tobacco.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Tobacco market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
28 Pages
- Tobacco in Honduras
- Euromonitor International
- June 2025
- List Of Contents And Tables
- TOBACCO IN HONDURAS
- EXECUTIVE SUMMARY
- Tobacco in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Retail developments
- What next for tobacco?
- MARKET BACKGROUND
- Legislation
- TAXATION AND DUTY LEVIES
- MARKET DATA
- Table 1 Sales of Tobacco by Category: Volume 2019-2024
- Table 2 Sales of Tobacco by Category: Value 2019-2024
- Table 3 Sales of Tobacco by Category: % Volume Growth 2019-2024
- Table 4 Sales of Tobacco by Category: % Value Growth 2019-2024
- Table 5 Forecast Sales of Tobacco by Category: Volume 2024-2029
- Table 6 Forecast Sales of Tobacco by Category: Volume 2024-2029
- Table 7 Forecast Sales of Tobacco by Category: Value 2024-2029
- Table 8 Forecast Sales of Tobacco by Category: % Volume Growth 2024-2029
- Table 9 Forecast Sales of Tobacco by Category: % Value Growth 2024-2029
- DISCLAIMER
- CIGARETTES
- Key Data Findings
- 2024 Developments
- A complex socioeconomic environment favours the growth of the illicit cigarette trade
- British American Tobacco Plc maintains a broad leadership although it faces complications from the cessation of its local production
- Small local grocers remains relevant due to the broad reach of this channel, although it faces increasing pressure from the development of convenience stores
- Prospects and Opportunities
- An unfavourable outlook for cigarettes, given the declining prevalence of smoking and the increasing illicit trade
- The withdrawal of the British American Tobacco Plc plant from Honduras potentially creates opportunities for competitors
- Low premiumisation prospects limit opportunities to introduce sophisticated cigarette innovations
- Category Data
- Table 10 Sales of Cigarettes: Volume 2019-2024
- Table 11 Sales of Cigarettes by Category: Value 2019-2024
- Table 12 Sales of Cigarettes: % Volume Growth 2019-2024
- Table 13 Sales of Cigarettes by Category: % Value Growth 2019-2024
- Table 14 NBO Company Shares of Cigarettes: % Volume 2020-2024
- Table 15 LBN Brand Shares of Cigarettes: % Volume 2021-2024
- Table 16 Sales of Cigarettes by Distribution Format: % Volume 2019-2024
- Table 17 Forecast Sales of Cigarettes: Volume 2024-2029
- Table 18 Forecast Sales of Cigarettes by Category: Value 2024-2029
- Table 19 Forecast Sales of Cigarettes: % Volume Growth 2024-2029
- Table 20 Forecast Sales of Cigarettes by Category: % Value Growth 2024-2029
- CIGARS, CIGARILLOS AND SMOKING TOBACCO
- Despite significant local cigar production, local consumption is low; the economic climate is not conducive to the development of this category
- Honduran companies are consolidating their solid international reputation in cigars, although this does not equate to the significant development of the local market
- The digitalisation of purchasing is advancing in Honduras, although it is still concentrated among demographic groups with greater purchasing power
- Honduran cigar production continues to expand, but does not find a favourable environment for growth in local consumption
- Emerging brands seek to democratise cigars and cigarillos with less expensive options and more subtle flavours
- Niche e-vapour alternatives seek to emulate the sensory experience of cigars and appeal to younger generations
- Table 21 Sales of Cigars, Cigarillos and Smoking Tobacco by Category: Volume 2019-2024
- Table 22 Sales of Cigars, Cigarillos and Smoking Tobacco by Category: Value 2019-2024
- Table 23 Sales of Cigars, Cigarillos and Smoking Tobacco by Category: % Volume Growth 2019-2024
- Table 24 Sales of Cigars, Cigarillos and Smoking Tobacco by Category: % Value Growth 2019-2024
- Table 25 NBO Company Shares of Cigars and Cigarillos: % Volume 2020-2024
- Table 26 LBN Brand Shares of Cigars and Cigarillos: % Volume 2021-2024
- Table 27 NBO Company Shares of Smoking Tobacco: % Volume 2020-2024
- Table 28 LBN Brand Shares of Smoking Tobacco: % Volume 2021-2024
- Table 29 Distribution of Cigars and Cigarillos by Format: % Volume 2019-2024
- Table 30 Distribution of Smoking Tobacco by Format: % Volume 2019-2024
- Table 31 Forecast Sales of Cigars, Cigarillos and Smoking Tobacco by Category: Volume 2024-2029
- Table 32 Forecast Sales of Cigars, Cigarillos and Smoking Tobacco by Category: Value 2024-2029
- Table 33 Forecast Sales of Cigars, Cigarillos and Smoking Tobacco by Category: % Volume Growth 2024-2029
- Table 34 Forecast Sales of Cigars, Cigarillos and Smoking Tobacco by Category: % Value Growth 2024-2029
- SMOKELESS TOBACCO, E-VAPOUR PRODUCTS AND HEATED TOBACCO
- E-vapour products category expands with the formal entry of global brands
- Dynamic competition in disposable e-vapour products with more affordable prices, favours the evolution of the category
- Major supermarket and convenience store chains expand e-vapour distribution in Honduras
- Affordable prices and generational shifts in tastes drive continued growth of closed system single-use e-vapour products in Honduras
- Public awareness rises around the potential health risks attributed to vaping
- Innovations aim for new functional positioning with health benefit attributes
- Table 35 Sales of Smokeless Tobacco, E-Vapour Products and Heated Tobacco by Category: Value 2019-2024
- Table 36 Sales of Smokeless Tobacco, E-Vapour Products and Heated Tobacco by Category: % Value Growth 2019-2024
- Table 37 NBO Company Shares of Smokeless Tobacco: % Volume 2020-2024
- Table 38 LBN Brand Shares of Smokeless Tobacco: % Volume 2021-2024
- Table 39 Distribution of Smokeless Tobacco by Format: % Volume 2019-2024
- Table 40 Forecast Sales of Smokeless Tobacco, E-Vapour Products and Heated Tobacco by Category: Value 2024-2029
- Table 41 Forecast Sales of Smokeless Tobacco, E-Vapour Products and Heated Tobacco by Category: % Value Growth 2024-2029
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