Cigars Market Size, Trends, Competition, Report, Forecast 2027

Report Description

Global cigars market is projected to show a robust growth in the forecast period 2023 to 2027. The market growth can be attributed to inclination of consumers towards cigars over cigarettes and other recreational smokes. Moreover, cigar smoking is still considered an expensive and exquisite habit. It is a style statement and is still counted as high-class product, the adjoined class structure and changing patterns of the consumers are driving the market growth in the upcoming five years.

Also, in the recent case of COVID-19 mass population quit cigarette smoking and picked a habit of cigar smoking believing the factor of cigarette smoking as a major cause behind catching the viral infection. According to government sources, one of the major producers of cigars, The Caribbean Nation is anticipating a major jump of 6% in its sale of tobacco based products in the upcoming five years.

Furthermore, availability of the disposable income, extended time due to pandemic, and no recreational activity is stimulating the consumers to consume cigars in their free time, thereby supporting the growth in the sales of the product and hence, the growth of the market in the upcoming five years.

Although, general awareness among the population regarding health and environment is expected to present some minor restraint to the market growth. Also, some of the governments do not allow the sale of the tobacco based products, indirectly affecting the sale of cigars thereby afffecting the growth of the global cigars market in the forecast period until, 2027.

The global cigars market is segmented by product, flavor, composition, distribution channel, competitive landscape, and regional distribution. Based on product the market is further bifurcated into mass cigar and premium cigars. Mass cigars are anticipated to hold the largest shares of the market in the upcoming five years, due to their affordability. Mass cigars are machine made and mostly contain tobacco contents. Premium cigars are mostly handmade and are exclusive.

However, the price of the premium cigar is more as compared to the mass cigar, hence, increasing number of consumers opt for mass cigar due to its affordability. Although, occasional cigar smokers mostly prefer premium handmade cigars which can be the major driver for the segmental growth. Also, premium cigars are majorly provided in special shops and luxury hotels creating an image of a high class product for the common consumers.

Holding large shares of the market are some of the market players, which include, Imperial Brands, Scandinavian Tobacco Group AS, Altria Group Inc., Habanos SA, Swisher International Inc., Swedish Match AB, Villiger Sohne AG, Burger Sohne Holding AG (Danneman), Arnold Andre GmbH & Company KG, Holt's Cigar Company Inc., among others. Advancements and flavorful products are potential areas for the development of the cigars for the market players. Other strategies may include partnerships among the market players and the distributors.

Objective of the Study:

To analyze the historical growth in the market size of global cigars market from 2017 to 2021.
To estimate and forecast the market size of global cigars market from 2022 to 2027 and growth rate until 2027.
To classify and forecast global cigars market based on product, flavor, composition, distribution channels, regional distribution, and competitive landscape.
To identify dominant region or segment in the global cigars market.
To identify drivers and challenges for global cigars market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global cigars market.
To identify and analyze the profile of leading players operating in global cigars market.
To identify key sustainable strategies adopted by market players in global cigars market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and across the world. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the world.

TechSci Research calculated the market size of global cigars market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Manufacturers, end users and other stakeholders
Distributers and suppliers of products and other stakeholders
Organizations, forums, and alliances related to cigars market
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2021
Historical Years	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million and CAGR for 2017-2021 and 2022-2027
Report Coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	Product Flavor Composition Distribution Channel
Regional Scope	North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa
Country Scope	United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa
Key Companies Profiled	Imperial Brands, Scandinavian Tobacco Group AS, Altria Group Inc., Habanos SA, Swisher International Inc., Swedish Match AB, Villiger Sohne AG, Burger Sohne Holding AG (Danneman), Arnold Andre GmbH & Company KG, Holt's Cigar Company Inc.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global cigars market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Cigars Market, By Product:

Mass Cigar
Premium Cigar

Global Cigars Market, By Flavor:

Non-Flavored
Flavored

Global Cigars Market, By Composition:

Wrappers
Fillers
Binders

Global Cigars Market, By Distribution Channel:

Online
Offline

Global Cigars Market, By Region:

North America

United States
Canada
Mexico

Europe

Germany
France
United Kingdom
Italy
Spain

Asia-Pacific

China
Japan
India
South Korea
Australia

Middle East & Africa

South Africa
Saudi Arabia
UAE

South America

Brazil
Argentina
Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global cigars market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Cigars Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Cigar Market

4. Voice of Customer

5. Executive Summary

6. Global Cigar Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product (Mass Cigar, Premium Cigar)

6.2.2. By Flavor (Non-Flavored, Flavored)

6.2.3. By Composition (Wrappers, Fillers, Binders)

6.2.4. By Distribution Channel (Online, Offline)

6.2.5. By Company (2021)

6.2.6. By Region

6.3. Product Market Map

7. Asia-Pacific Cigar Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product

7.2.2. By Flavor

7.2.3. By Composition

7.2.4. By Distribution Channel

7.2.5. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Cigar Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product

7.3.1.2.2. By Flavor

7.3.1.2.3. By Composition

7.3.1.2.4. By Distribution Channel

7.3.2. India Cigar Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product

7.3.2.2.2. By Flavor

7.3.2.2.3. By Composition

7.3.2.2.4. By Distribution Channel

7.3.3. South Korea Cigar Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product

7.3.3.2.2. By Flavor

7.3.3.2.3. By Composition

7.3.3.2.4. By Distribution Channel

7.3.4. Japan Cigar Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product

7.3.4.2.2. By Flavor

7.3.4.2.3. By Composition

7.3.4.2.4. By Distribution Channel

7.3.5. Australia Cigar Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product

7.3.5.2.2. By Flavor

7.3.5.2.3. By Composition

7.3.5.2.4. By Distribution Channel

8. Europe Cigar Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product

8.2.2. By Flavor

8.2.3. By Composition

8.2.4. By Distribution Channel

8.2.5. By Country

8.3. Europe: Country Analysis

8.3.1. France Cigar Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product

8.3.1.2.2. By Flavor

8.3.1.2.3. By Composition

8.3.1.2.4. By Distribution Channel

8.3.2. Germany Cigar Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product

8.3.2.2.2. By Flavor

8.3.2.2.3. By Composition

8.3.2.2.4. By Distribution Channel

8.3.3. United Kingdom Cigar Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product

8.3.3.2.2. By Flavor

8.3.3.2.3. By Composition

8.3.3.2.4. By Distribution Channel

8.3.4. Italy Cigar Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product

8.3.4.2.2. By Flavor

8.3.4.2.3. By Composition

8.3.4.2.4. By Distribution Channel

8.3.5. Spain Cigar Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product

8.3.5.2.2. By Flavor

8.3.5.2.3. By Composition

8.3.5.2.4. By Distribution Channel

9. North America Cigar Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product

9.2.2. By Flavor

9.2.3. By Composition

9.2.4. By Distribution Channel

9.2.5. By Country

9.3. North America: Country Analysis

9.3.1. United States Cigar Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product

9.3.1.2.2. By Flavor

9.3.1.2.3. By Composition

9.3.1.2.4. By Distribution Channel

9.3.2. Mexico Cigar Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product

9.3.2.2.2. By Flavor

9.3.2.2.3. By Composition

9.3.2.2.4. By Distribution Channel

9.3.3. Canada Cigar Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product

9.3.3.2.2. By Flavor

9.3.3.2.3. By Composition

9.3.3.2.4. By Distribution Channel

10. South America Cigar Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product

10.2.2. By Flavor

10.2.3. By Composition

10.2.4. By Distribution Channel

10.2.5. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Cigar Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product

10.3.1.2.2. By Flavor

10.3.1.2.3. By Composition

10.3.1.2.4. By Distribution Channel

10.3.2. Argentina Cigar Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product

10.3.2.2.2. By Flavor

10.3.2.2.3. By Composition

10.3.2.2.4. By Distribution Channel

10.3.3. Colombia Cigar Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product

10.3.3.2.2. By Flavor

10.3.3.2.3. By Composition

10.3.3.2.4. By Distribution Channel

11. Middle East and Africa Cigar Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Product

11.2.2. By Flavor

11.2.3. By Composition

11.2.4. By Distribution Channel

11.2.5. By Country

11.3. MEA: Country Analysis

11.3.1. South Africa Cigar Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Product

11.3.1.2.2. By Flavor

11.3.1.2.3. By Composition

11.3.1.2.4. By Distribution Channel

11.3.2. Saudi Arabia Cigar Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Product

11.3.2.2.2. By Flavor

11.3.2.2.3. By Composition

11.3.2.2.4. By Distribution Channel

11.3.3. UAE Cigar Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Product

11.3.3.2.2. By Flavor

11.3.3.2.3. By Composition

11.3.3.2.4. By Distribution Channel

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Imperial Brands

14.2. Scandinavian Tobacco Group AS

14.3. Altria Group Inc.

14.4. Habanos SA

14.5. Swisher International Inc.

14.6. Swedish Match AB

14.7. Villiger Sohne AG

14.8. Burger Sohne Holding AG (Danneman)

14.9. Arnold Andre GmbH & Company KG

14.10. Holt's Cigar Company Inc.

15. Strategic Recommendation

Figures and Tables

Frequently asked questions

What major factors drive Global Cigars Market growth?

Factors like inclination of consumers towards cigars over cigarettes and other recreational smokes, availability of the disposable income, extended time due to pandemic, and no recreational activity are driving the growth of the global cigars market in the forecast years, 2023-2027.

Which companies may dominate the Global Cigars Market?

Imperial Brands, Scandinavian Tobacco Group AS, Altria Group Inc., Habanos SA, Swisher International Inc., Swedish Match AB, among others are leading the global cigars market in the forecast period, 2023-2027.

What is the study period for the Global Cigars Market analysis?

The global cigars market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

What strategic recommendations may the new market players follow in future?

New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.