"Overview of the Bahrain Cigarette Market: Trends, Regulations, and Consumer Preferences"
Bahrain Cigarette Market Synopsis
The?Bahrain Cigarette Market is a prominent market?in the country and this prominent market is projected to grow more over the forecast period. This market is one of the most lucrative markets in the country and it will remain lucrative in the future.
According to 6Wresearch, the Bahrain Cigarette Market size is anticipated to grow at a higher growth rate during 2023-2029. This sector is amongst the most popular sectors in the nation and it will remain popular in the near future. The country has a relatively high smoking prevalence rate, as per the World Health Organization. This is owing to the nation’s affluent population as well as high levels of disposable income, which makes the country an attractive sector for tobacco companies. The government of the nation implemented a number of regulations in order to reduce smoking prevalence in the region, including prohibiting smoking in public places like cafes, restaurants, and shopping malls. In addition, the government of the nation raised taxes on tobacco products in order to discourage consumption.
COVID-19 Impact on Bahrain Cigarette Industry
The pandemic had a mixed impact on the cigarette market in Bahrain. The coronavirus pandemic led to a reduction in cigarette sales in some areas of the country owing to decreased economic activity as well as increased health awareness. On the contrary, the pandemic also led to rise in stress and anxiety levels among many consumers, which contributed to increased cigarette sales in some part of the nation.
One of the key impacts of the COVID-19 pandemic on the sector was the disruption in global supply chains. A number of tobacco players experienced delays in production as well as distribution, which led to shortages of many products in some areas.
领英推荐
However, the coronavirus pandemic also led to increased stress as well as anxiety levels among many consumers, which contributed to increased cigarette sales in many segments of the sector. Additionally, the pandemic led to a rise in online sales of tobacco products since consumers sought to avoid physical retail locations.
Market Analysis by Type
Based on type, the sector is classified into Light, Medium, and Others. The light segment is projected to grow since it is healthier and safer to consume. The safety this type of cigarette offers enable consumers to choose this over other types.?
Market Analysis by Distribution Channel
Based on distribution channel, the?Cigarette Market in Bahrain?is classified into tobacco Shops, Supermarket And Hypermarkets, Convenience Stores, Online Stores, and Others. Tobacco shops will account for the highest share of the market as they offer many specialised tobacco products.