Tobacconists in the UK - Industry Market Research Report

Up in smoke: As smoking rates continue to edge downwards, tobacconists struggle to stay relevant

Tobacconists sell tobacco products like cigarettes, cigars, pipes and accessories. Over the five years through 2023-24, their revenue is expected to decline at a compound annual rate of 3.4% to £521.9 million. Rising public awareness of the health risks of smoking, driven by intense anti-smoking campaigns by the government and activist groups, has caused smoking rates and sales to plummet for tobacco retailers. Strong legislation has hit sales hard, while stiff competition from supermarkets and convenience stores has stolen revenue away from specialist tobacco retailers. A stubborn illegal tobacco market and an increase in cross-border smuggling of illegal tobacco products has also held sales back. This industry includes the retail sale of tobacco and tobacco products in specialised stores. It also includes the sale of smoking accessories such as pipes, lighters, cigarette papers, cigar cases and other smoking-related paraphernalia. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.