Mobile Menu

Tobacco Product Manufacturing in Cyprus - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

CY-C12 July 2024 Factsheet

Revenue

€319.3m

2019-2024 8.2 %
2024-2029 X.X %

Employees

44

2019-2024 1.9 %
2024-2029 X.X %

Businesses

4

2019-2024 5.9 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Tobacco Product Manufacturing in Cyprus market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

National industry coverage with a European twist

  • Market estimates from 2014-2029
  • Data-rich reports comparing industry performance, threats, opportunities and country rankings
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Factsheets

Industry Statistics and Rankings

How does this industry perform in Cyprus compared to Europe?

Country Benchmarking

Industry Data Cyprus

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#26 In Europe
Business
#20 In Europe
Employees
#35 In Europe
Wages
#25 In Europe

The Tobacco Product Manufacturing in Cyprus ranks 26 in Europe with regards to its 2024 revenue (€319.3m). Revenue received by operators in Cyprus has been low in volatility over the past five-year period, with the average annual change in revenue (8.2 %) most comparable to...

Unlock more insights on Cyprus and the most comparable countries in Europe with purchase. View purchase options.

Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Tobacco Product Manufacturing industry in Cyprus in 2024?

The market size of the Tobacco Product Manufacturing industry in Cyprus is €319.3m in 2024.

How many businesses are there in the Tobacco Product Manufacturing in Cyprus industry in 2024?

There are 4 businesses in the Tobacco Product Manufacturing industry in Cyprus, which has grown at a CAGR of 5.9 % between 2019 and 2024.

Has the Tobacco Product Manufacturing industry in Cyprus grown or declined over the past 5 years?

The market size of the Tobacco Product Manufacturing industry in Cyprus has been growing at a CAGR of 8.2 % between 2019 and 2024.

What is the forecast growth of the Tobacco Product Manufacturing industry in Cyprus over the next 5 years?

Over the next five years, the Tobacco Product Manufacturing industry in Cyprus is expected to grow.

How competitive is the Tobacco Product Manufacturing industry in Cyprus?

The level of competition is low and steady in the Tobacco Product Manufacturing industry in Cyprus.

Related Industries

This industry is covered in 37 countries

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

Companies in this industry manufacture tobacco products and products of tobacco substitutes, including cigarettes, fine-cut tobacco, cigars, pipe tobacco, chewing tobacco and snuff.

What's included in this industry?

Industry Code

ISIC 2006

12 - Manufacture of tobacco products in Cyprus

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Tobacco Product Manufacturing in Cyprus
  • Employees in the Tobacco Product Manufacturing in Cyprus
  • Business in the Tobacco Product Manufacturing in Cyprus
  • Profit in the Tobacco Product Manufacturing in Cyprus

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

EU strict on tobacco regulation for public health. The EU and other European governments have implemented rigorous regulatory measures focused on tobacco. These policies aim to curb tobacco use, prioritise public health and reduce the burden of tobacco-related diseases.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Tobacco Product Manufacturing in Cyprus industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Tobacco production costs are climbing. Despite stable leaf prices, factors like climate change and stricter farming regulations, coupled with higher freight and paper costs, are making it more expensive for Europe's tobacco manufacturers to produce their products.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Tobacco Product Manufacturing in Cyprus industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.