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
#31 In EuropeBusiness
#24 In EuropeEmployees
#31 In EuropeWages
#31 In EuropeRevenue in the Tobacco Retailers in Europe industry is expected to contract at a compound annual rate of 3% to €36.4 billion over the five years through 2024. Rising public awareness of the health risks of smoking, driven by intense anti-smoking campaigns by the government, has caused smoking rates and sales to plummet for tobacco retailers. Strong legislation among Western Europe has hit sales hard, while stiff competition from supermarkets and convenience stores has shifted revenue away from specialist tobacco retailers.
Enterprises
Number of businesses in 2024
Biggest companies in the Tobacco Retailing in Cyprus
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Tobacco Retailing in Cyprus industry for IBISWorld to include in this product.
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 Retailing industry in Cyprus in 2024?
The market size of the Tobacco Retailing industry in Cyprus is €2.9m in 2024.
How many businesses are there in the Tobacco Retailing in Cyprus industry in 2024?
There are 31 businesses in the Tobacco Retailing industry in Cyprus, which has grown at a CAGR of 9.2 % between 2019 and 2024.
Has the Tobacco Retailing industry in Cyprus grown or declined over the past 5 years?
The market size of the Tobacco Retailing industry in Cyprus has been declining at a CAGR of 11.7 % between 2019 and 2024.
What is the forecast growth of the Tobacco Retailing industry in Cyprus over the next 5 years?
Over the next five years, the Tobacco Retailing industry in Cyprus is expected to grow.
What does the Tobacco Retailing in Cyprus include?
Cigarettes and Cigars are part of the Tobacco Retailing industry.
How competitive is the Tobacco Retailing industry in Cyprus?
The level of competition is moderate and increasing in the Tobacco Retailing industry in Cyprus.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Supermarkets & Grocery Stores in Cyprus
- Food, Drink & Tobacco Stores in Cyprus
Complementors
- Tobacco Product Manufacturing in Cyprus
International industries
Table of Contents
About this industry
Industry definition
The industry includes the retail sale of tobacco products. It also includes the sale of smoking accessories, including pipes, lighters, cigarette papers, cigar cases and other related smoking paraphernalia.
Related Terms
SNUFFTOBACCONISTSHUMIDORWhat's included in this industry?
CigarettesCigarsLoose tobacco, snus, pipes, -cigs, vapes and otherAccessoriesCompanies
Industry Code
4723 - Retail sale of tobacco products in specialized stores in Cyprus
View up to 0 companies with purchase. View purchase options.
Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Tobacco Retailing in Cyprus industry?
Outlook
Analysis
What's driving the Tobacco Retailing in Cyprus industry outlook?
Volatility
Analysis
What influences volatility in the Tobacco Retailing in Cyprus industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Tobacco Retailing in Cyprus industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
High-end products buoy tobacconists. Even as cigarette sales dwindle, luxury items like cigars and pipe tobacco continue to appeal to high-income consumers.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Tobacco Retailing in Cyprus industry's products and services performing?
Analysis
What are innovations in the Tobacco Retailing in Cyprus industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Tobacco Retailing in Cyprus industry?
International Trade
Highlights
- Total Imports into Cyprus
- Total Exports into Cyprus
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Tobacconists have struggled to maintain their presence in the current climate. Tightening legislation, increased taxing and increasing consumer health awareness have pushed many tobacconists out of the market. Competition from less costly supermarkets has also proved troubling.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Tobacco Retailing in Cyprus located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Tobacconists only have private support to turn to. European governments continue to discourage smoking through regulations and higher duties.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Tobacco Retailing in Cyprus industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Government policies and climbing inflation pressurise profit. Rising excise duties and dwindling sales have picked away at tobacconists’ returns.
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 Retailing 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.
France
Italy
Spain