Published: Last 6 Months Region: All Regions Asia Azerbaijan -
Tobacco in Azerbaijan
In 2024, Azerbaijan’s tobacco market remained relatively stable, despite ongoing shifts in consumer preferences, rising excise taxes, and regulatory developments. While smoking prevalence stayed largely unchanged and continued to be the main driver of cigarette sales, the legal cigarette market decl ... Read More
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Smokeless Tobacco, E-Vapour Products and Heated Tobacco in Azerbaijan
E-vapour products in Azerbaijan continued to grow rapidly in 2024, driven primarily by the expansion of closed system single use. Despite a significant excise tax increase - AZN0.25 to AZN2.00 per unit - the category maintained strong momentum. Unlike countries such as Kazakhstan and Uzbekistan, whe ... Read More
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Cigars, Cigarillos and Smoking Tobacco in Azerbaijan
Cigars and cigarillos continued to record modest growth in Azerbaijan in 2024, although both categories remain niche. The cigar smoking culture is limited, with cigars generally perceived as luxury items, which restricts their accessibility - especially outside major urban centres - due to relativel ... Read More
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Cigarettes in Azerbaijan
Despite government efforts to raise excise taxes, ban advertising, and impose restrictions, smoking prevalence in Azerbaijan saw only a slight decline in 2024. While the consumption of legal cigarettes decreased, there was a sharp rise in illicit trade in the year. In the capital, it remains relativ ... Read More
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Alcoholic Drinks in Azerbaijan
While alcoholic drinks in Azerbaijan saw growth in total volume sales pick up in 2024, growth in total current value sales fell well below that recorded in 2023. The slowdown in value terms was primarily explained by greater price stability as the recent spike in inflation rapidly receded. However, ... Read More
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Wine in Azerbaijan
Although wine in Azerbaijan performed positively on the whole in 2024, growth in total volume sales fell below that recorded in 2023. This was due to slowing demand at the on-trade level as many consumers continued to exercise greater caution in their spending habits following the spike in the cost ... Read More
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Cider/Perry in Azerbaijan
Total volume sales of cider/perry in Azerbaijan declined at a high double-digit rate in 2024. The collapse in demand – which began in 2023 – was mainly explained by reduced investment in the distribution and promotion of Somersby, the dominant brand. With interest having remained low throughout the ... Read More
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Spirits in Azerbaijan
Total volume sales of spirits in Azerbaijan grew at a very modest rate in 2024, and one that was well down on 2023. This was primarily attributable to the poor showing of vodka, the dominant category, which only managed to post marginal growth in this respect due to its maturity and the increasing p ... Read More
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Rtds in Azerbaijan
RTDs in Azerbaijan showed a modestly improved performance in terms of total volume sales growth in 2024. It was among the areas of the local alcoholic drinks market that profited most from the continued expansion of the population of legal drinking age, as these types of products are primarily consu ... Read More
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Beer in Azerbaijan
Growth in total volume sales of beer in Azerbaijan in 2024 was up on that recorded in 2023. This was primarily thanks to the alleviation of pricing pressures and increased discretionary spending by consumers amidst falling inflation and other favourable macroeconomic indicators. Frequent new launche ... Read More
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Sun Care in Azerbaijan
Sales of sun care increased in current value terms in Azerbaijan in 2024, in line with broader growth in the beauty and personal care market. Azerbaijan’s hot climate remains a key driver of demand, particularly during the summer months, encouraging widespread use of sun protection products. Euromon ... Read More
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Bath and Shower in Azerbaijan
Value sales of bath and shower products in Azerbaijan registered positive growth in current value terms in 2024, alongside an increasing public awareness of the importance of personal hygiene. Bar soap was the largest category, supported by its affordability and longer-lasting nature, which make it ... Read More
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Hair Care in Azerbaijan
Sales of hair care products in Azerbaijan saw healthy growth in current value terms in 2024. Consumers are increasingly focused on maintaining hair health and are seeking products that go beyond basic cleansing. Popular features include solutions for damaged hair, strengthening and anti-hair loss be ... Read More
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Beauty and Personal Care in Azerbaijan
Sales of beauty and personal care products in Azerbaijan experienced healthy growth in current value terms in 2024. With the rising popularity of self-care, and healthy living, more individuals chose to invest in beauty and personal care products that enhanced both physical appearance and overall we ... Read More
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Fragrances in Azerbaijan
Sales of fragrances in Azerbaijan increased strongly in current value terms in 2024. This growth follows a previous shortage in the market, with shelves now being replenished and a wider range of products becoming available. Companies are also increasing their investments in the development and prom ... Read More
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Colour Cosmetics in Azerbaijan
Value sales of colour cosmetics increased in current value terms in Azerbaijan in 2024. This reflects the stabilisation of supply chains and a slowdown in inflation. Eye make-up was the largest category, supported by cultural preferences, whereby the expressiveness of the eyes is highly valued. Masc ... Read More
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Skin Care in Azerbaijan
Value sales of skin care increased in current value terms in Azerbaijan in 2024, outperforming the beauty and personal care market overall. Consumers are becoming more aware of the importance of skin health, with skin care gradually evolving into a key part of everyday routines. Access to informatio ... Read More
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Deodorants in Azerbaijan
Sales of deodorants in Azerbaijan increased in current value terms in 2024, although growth lagged behind that of the beauty and personal care market overall. A greater focus on personal hygiene and self-care - particularly among younger and urban consumers – was a key driver of demand. The long and ... Read More
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Oral Care in Azerbaijan
Oral care in Azerbaijan saw relatively modest growth in current value terms in 2024, compared with the wider beauty and personal care market. Toothpaste, the largest category, remains an essential product for daily hygiene and enjoys consistently high levels of consumption. Nonetheless, rising publi ... Read More
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Men's Grooming in Azerbaijan
Sales of men’s grooming products in Azerbaijan increased in line with the overall beauty and personal care market in current value terms in 2024. Recent years have seen a rising male interest in personal care, with more men using specialised products for hair, beard, and skin care. This reflects a b ... Read More
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Depilatories in Azerbaijan
Value sales of depilatories in Azerbaijan increased in current value terms in 2024. The category is experiencing steady growth, driven by advancements in technology, the convenience of at-home hair removal, the ongoing trend toward smooth skin, and rising consumer demand. Euromonitor International's ... Read More
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Baby and Child-Specific Products in Azerbaijan
Sales of baby and child-specific products in Azerbaijan grew in current value terms in 2024. Despite continued price sensitivity amongst local consumers, parents are generally not inclined to cut corners when purchasing products for their children. In 2024, baby and child-specific hair care emerged ... Read More
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Premium Beauty and Personal Care in Azerbaijan
Value sales of premium beauty and personal care products grew robustly in current value terms in Azerbaijan in 2024. Supply chains have largely recovered from earlier disruptions caused by global geopolitical shifts, allowing for a more stable flow of premium offerings into the market. Azerbaijan is ... Read More
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Mass Beauty and Personal Care in Azerbaijan
Mass beauty and personal care saw positive growth in current value terms in Azerbaijan in 2024. Mass-market manufacturers continued to rapidly adopt trends originally popularised by premium brands. This allowed them to offer modern, high-quality products at more accessible price points, resonating w ... Read More
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Azerbaijan Insurance Industry: Key Trends and Opportunities to 2029
Azerbaijan Insurance Industry: Key Trends and Opportunities to 2029 Summary GlobalData’s 'Azerbaijan Insurance Industry: Key Trends and Opportunities to 2029’ report provides in-depth market analysis, information, and insights into Azerbaijan's insurance industry. This report provides a detailed out ... Read More
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