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Tobacco Retailing in Lithuania - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

LT-G4723 March 2024 Factsheet

Revenue

€17.5m

2019-2024 0.5 %
2024-2029 X.X %

Employees

204

2019-2024 0.0 %
2024-2029 X.X %

Businesses

5

2019-2024 3.6 %
2024-2029 X.X %

Wages

€X.Xm

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

Tobacco Retailing in Lithuania market size outlook

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

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Lithuania compared to Europe?

Country Benchmarking

Industry Data Lithuania

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

Revenue
#27 In Europe
Business
#31 In Europe
Employees
#23 In Europe
Wages
#24 In Europe

View industry report for Europe

Revenue 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.

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Enterprises
Number of businesses in 2024

Biggest companies in the Tobacco Retailing in Lithuania

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 Lithuania industry for IBISWorld to include in this product.

Top Questions Answered in this Report

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What is the market size of the Tobacco Retailing industry in Lithuania in 2024?

The market size of the Tobacco Retailing industry in Lithuania is €17.5m in 2024.

How many businesses are there in the Tobacco Retailing in Lithuania industry in 2024?

There are 5 businesses in the Tobacco Retailing industry in Lithuania, which has declined at a CAGR of 3.6 % between 2019 and 2024.

Has the Tobacco Retailing industry in Lithuania grown or declined over the past 5 years?

The market size of the Tobacco Retailing industry in Lithuania has been declining at a CAGR of 0.5 % between 2019 and 2024.

What is the forecast growth of the Tobacco Retailing industry in Lithuania over the next 5 years?

Over the next five years, the Tobacco Retailing industry in Lithuania is expected to grow.

What does the Tobacco Retailing in Lithuania include?

Cigarettes and Cigars are part of the Tobacco Retailing industry.

How competitive is the Tobacco Retailing industry in Lithuania?

The level of competition is moderate and steady in the Tobacco Retailing industry in Lithuania.

Related Industries

This industry is covered in 37 countries

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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

SNUFFTOBACCONISTSHUMIDOR

What's included in this industry?

CigarettesCigarsLoose tobacco, snus, pipes, -cigs, vapes and otherAccessories

Companies

Industry Code

ISIC 2006

4723 - Retail sale of tobacco products in specialized stores in Lithuania

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 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 Lithuania industry?


Outlook

Analysis

What's driving the Tobacco Retailing in Lithuania industry outlook?


Volatility

Analysis

What influences volatility in the Tobacco Retailing in Lithuania industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Tobacco Retailing in Lithuania 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.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Tobacco Retailing in Lithuania industry's products and services performing?

Analysis

What are innovations in the Tobacco Retailing in Lithuania industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Tobacco Retailing in Lithuania industry?


International Trade

Highlights

  • Total Imports into Lithuania
  • Total Exports into Lithuania
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.

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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 Lithuania 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.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Tobacco Retailing in Lithuania 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.

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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 Lithuania 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.