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In 2025, Mexico is implementing tax increases on cigarettes and soft drinks as part of a broader healthy tax initiative aimed at curbing harmful consumption and boosting public revenue

Rising prices, due to the global inflationary environment and ongoing tax hikes, increasing health awareness and competition from next-generation products is resulting in declining unit volume sales of cigarettes across most of Western Europe, with little likelihood of this changing over the forecast period

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In fact, sales for the cigarette and tobacco products wholesaling industry have shrunk notably over the past five years as wholesalers have contended with expanding regulatory and economic challenges, as well as shifts in consumer preferences