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Cigarette & Tobacco Product Wholesaling in New Mexico

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NM42494

Cigarette & Tobacco Product Wholesaling in New Mexico industry analysis

The Cigarette & Tobacco Product Wholesaling industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Cigarette & Tobacco Product Wholesaling in New Mexico Market Research Report

What’s Included in the Cigarette & Tobacco Product Wholesaling in New Mexico Market Research Report

Definition of the Cigarette & Tobacco Product Wholesaling in New Mexico?

Companies in this industry acquire packaged cigarettes and other tobacco products from manufacturers and sell them to retailers such as convenience stores, supermarkets, specialized tobacco stores, street vendors or internet tobacco retailers. They may also sell to other wholesalers. The sales and distribution offices of tobacco product manufacturers are included in this industry.

What’s included in the Cigarette & Tobacco Product Wholesaling in New Mexico?

The Cigarette & Tobacco Product Wholesaling in New Mexico includes menthol cigarettes, nonmenthol cigarettes, loose and pipe tobacco, smokeless tobacco products, e-cigarettes, accessories and cigars. Related terms covered in the Cigarette & Tobacco Product Wholesaling in New Mexico industry report includes a smokeless tobacco product that is placed under the lip for absorption through the gums rather than being inhaled or ingested, a small and narrow cigar that is often wrapped in leaf tobacco, a battery-powered electronic device that simulates the act of smoking cigarettes by producing water vapour, which resembles smoke, while delivering nicotine via the liquid solution when heated, the sales and distribution divisions of large tobacco manufacturers, which sell directly to large, national wholesalers such as mclane company inc. and core-mark holding company inc, a trend whereby producers supply goods directly to retailers and end users using their own distribution channels rather than relying on intermediary merchant wholesalers, wholesalers that distribute a wide range of grocery and nonfood items; tobacco products generate only a small and incidental share of these wholesalers' revenue, wholesalers that primarily distribute tobacco products and confectioneries; these companies generate only a small share of revenue from general grocery and nonfood items and traditional distributors that purchase products from upstream suppliers for distribution to retailers and other downstream markets.

Industry Performance of the Cigarette & Tobacco Product Wholesaling industry in New Mexico

Benchmark the Cigarette & Tobacco Product Wholesaling in New Mexico industry performance with all NM county and national performance.

Cigarette & Tobacco Product Wholesaling in New Mexico

#38 in Highest Revenue 0.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Cigarette & Tobacco Product Wholesaling in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Cigarette & Tobacco Product Wholesaling industry in New Mexico

See how key industry drivers, such as population, unemployment rate, median houshold income, excise tax on tobacco products, percentage of smokers and number of adults aged 20 to 64 are impacting Cigarette & Tobacco Product Wholesaling in New Mexico

New Mexico Economic Indicators

Population
Unemployment Rate
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Excise tax on tobacco products
Percentage of smokers
Number of adults aged 20 to 64

For the full list of industry drivers, see report purchase options.

County Data of the Cigarette & Tobacco Product Wholesaling industry in New Mexico

Access proprietary data on county in the Cigarette & Tobacco Product Wholesaling in New Mexico, such as Bernalillo County, Valencia County and Curry County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Cigarette & Tobacco Product Wholesaling industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Cigarette & Tobacco Product Wholesaling industry in New Mexico in 2025?

The market size of the Cigarette & Tobacco Product Wholesaling industry in New Mexico is $742.3m in 2025.

How many businesses are there in the Cigarette & Tobacco Product Wholesaling industry in New Mexico in 2025?

There are 23 businesses in the Cigarette & Tobacco Product Wholesaling industry in New Mexico, which has been growing at an average annual rate of 8.9% from 2020 to 2025.

Has the Cigarette & Tobacco Product Wholesaling industry in New Mexico grown or declined over the past 5 years?

The market size of the Cigarette & Tobacco Product Wholesaling industry in New Mexico has been declining at an average annual rate of -1.7% from 2020 to 2025.

How many employees in the Cigarette & Tobacco Product Wholesaling industry in New Mexico in 2025?

There are 414 employees in the Cigarette & Tobacco Product Wholesaling industry in New Mexico, which has been declining at an average annual rate of -1.7% from 2020 to 2025.