Global Cigar and Cigarillo Market
Global Cigar and Cigarillo was valued at US$ 208.8 billion in 2021, estimated to reach US$ 292.68 Billion in 2027, with a CAGR 4.65% from 2022-2027.
Giant rolls of tobacco are called as Cigars and it contain taboo leaf papers, filters and parched and fermented tobacco. Slender version of cigars is called as cigarillos. These are available in numerous lengths; sizes and a flavour and flavours help to decrease harsh tastes of cigars and cigarillos.
Market Drivers
One of the most important factors that drive the market growth is the increase in the number of smokers across the world.
Cigar and cigarillos market will witness the significant growth in forecast period due to trend of smoking cigars and cigarillos is speedily increasing especially among youngster and Modernization in cigar and cigarillos filters as well as flavour.
Additionally, the marketing of tobacco products is authorized in many Western countries which fuel the growth for Cigar and Cigarillo Market.
Market Restraints
The Key restraining factor which affects the growth of the market is the lack of suitable choice and restricted marketing because of the stringent government regulations on the advertising of tobacco-related products.
Increasing awareness about the healthy lifestyle among consumers is likely to limit the adoption of such products, which in turn, hampering the market growth.
Market Segmentation
Cigar and Cigarillo Market is segmented into major 4 categories. Based on Product, the market is segmented into Mass, Premium. Based on Flavor, the market is divided into Fruit and Candy, Mint and Menthol, Chocolate and Vanilla, Others. Based on End User, the market is segmented into Male, Female. Based on Distribution Channel, the market is segmented into Tobacco/ Cigar Specialty Shops, Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Global Cigars & Cigarillos market in North America held the largest market share in the year 2020 and will continue to hold in forecast period owing to the rising demand for superior cigars in luxury hotels and bars crosswise the United States. This is because of the growing popularity of cigars among women in the country, as well as a rise in the number of female smokers.
The Asia Pacific market is anticipated to grow at a speedy rate as cigars are commonly used in China, especially at social gatherings like parties and ceremonies. As the number of cigar smokers raises over time, the market for Cigars & Cigarillos is likely to increase in the forecast period.
Market Key Players
Some of the key players operating in Global Cigar and Cigarillo Market are British American Tobacco, Imperial Brands, Plc., Altadis S.A., Habanos S.A., Drew Estate LLC, Swisher International, Inc., Oettinger Davidoff AG., Swedish Match AB, Scandinavian Tobacco Group A/S. and Trendsettah USA, Inc
Industry development
In September 2019, Scandinavian Tobacco Group has today agreed on the terms and conditions for the acquisition of all of the shares of Agio Beheer B.V. from Highlands Beheer B.V. Agio Beheer B.V. is the holding company of the Royal Agio Cigars group of companies.
In 2017, Habanos S.A. signed an agreement with the China National Tobacco Corporation to increase the import of premium cigars. The company is focusing on training its sales force along with increased spending for the expansion of its distribution networks.
In 2018, Dosal Tobacco Corporation launched its Export & International Sales Division. The company launched this division to partner with various dealers across the globe and introduce its product worldwide.
Global Cigar and Cigarillo Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Cigar and Cigarillo Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Cigar and Cigarillo Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Cigar and Cigarillo Market Share Analysis, By Product
5.3 Cigar and Cigarillo Market Size and Forecast, By Product
5.3.1 Mass
5.3.2 Premium
6 Cigar and Cigarillo Market, By Flavor
6.1 Y-o-Y Growth Comparison, By Flavor
6.2 Cigar and Cigarillo Market Share Analysis, By Flavor
6.3 Cigar and Cigarillo Market Size and Forecast, By Flavor
6.3.1 Fruit and Candy
6.3.2 Mint and Menthol
6.3.3 Chocolate and Vanilla
6.3.4 Others
7 Cigar and Cigarillo Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Cigar and Cigarillo Market Share Analysis, By Distribution Channel
7.3 Cigar and Cigarillo Market Size and Forecast, By Distribution Channel
7.3.1 Tobacco/ Cigar Specialty Shops
7.3.2 Supermarkets and Hypermarkets
7.3.3 Convenience Stores
7.3.4 Online Retailers
7.3.5 Others
8 Cigar and Cigarillo Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Cigar and Cigarillo Market Share Analysis, By End User
8.3 Cigar and Cigarillo Market Size and Forecast, By End User
8.3.1 Male
8.3.2 Female
9 Cigar and Cigarillo Market, By Region
9.1 Cigar and Cigarillo Market Share Analysis, By Region
9.2 Cigar and Cigarillo Market Share Analysis, By Region
9.3 Cigar and Cigarillo Market Size and Forecast, By Region
10 North America Cigar and Cigarillo Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Cigar and Cigarillo Market Share Analysis, By Product
10.3 North America Cigar and Cigarillo Market Size and Forecast, By Flavor
10.4 North America Cigar and Cigarillo Market Size and Forecast, By Distribution Channel
10.4 North America Cigar and Cigarillo Market Size and Forecast, By End User
10.5 North America Cigar and Cigarillo Market Size and Forecast, By Country
10.5.1 U.S.
10.5.2 Canada
10.5.3 Mexico
11 Europe Cigar and Cigarillo Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Cigar and Cigarillo Market Share Analysis, By Product
11.3 Europe Cigar and Cigarillo Market Size and Forecast, By Flavor
11.4 Europe Cigar and Cigarillo Market Size and Forecast, By Distribution Channel
11.4 Europe Cigar and Cigarillo Market Size and Forecast, By End User
11.5 Europe Cigar and Cigarillo Market Size and Forecast, By Country
11.5.1 Germany
11.5.2 France
11.5.3 UK
11.54. Rest of Europe
12 Asia Pacific Cigar and Cigarillo Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Cigar and Cigarillo Market Share Analysis, By Product
12.3 Asia Pacific Cigar and Cigarillo Market Size and Forecast, By Flavor
12.4 Asia Pacific Cigar and Cigarillo Market Size and Forecast, By Distribution Channel
12.4 Asia Pacific Cigar and Cigarillo Market Size and Forecast, By End User
12.5 Asia Pacific Cigar and Cigarillo Market Size and Forecast, By Country
12.5.1 China
12.5.2 Japan
12.5.3 India
12.5.4. Rest of Asia Pacific
13 Latin America Cigar and Cigarillo Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Cigar and Cigarillo Market Share Analysis, By Product
13.3 Latin America Cigar and Cigarillo Market Size and Forecast, By Flavor
13.4 Latin America Cigar and Cigarillo Market Size and Forecast, By Distribution Channel
13.4 Latin America Cigar and Cigarillo Market Size and Forecast, By End User
13.5 Latin America Cigar and Cigarillo Market Size and Forecast, Country
13.5.1. Brazil
13.5.2. Rest of Latin America
14 Middle East Cigar and Cigarillo Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Cigar and Cigarillo Market Share Analysis, By Product
14.3 Middle East Cigar and Cigarillo Market Size and Forecast, By Flavor
14.4 Middle East Cigar and Cigarillo Market Size and Forecast, By Distribution Channel
14.4 Middle East Cigar and Cigarillo Market Size and Forecast, By End User
14.5 Middle East Cigar and Cigarillo Market Size and Forecast, By Country
14.5.1. Saudi Arabia
14.5.2. UAE
14.5.3. Egypt
14.5.4. Kuwait
14.5.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Scandinavian Tobacco Group A/S.
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 British American Tobacco
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Imperial Brands, Plc.
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Altadis S.A.
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Habanos S.A.
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Swisher International, Inc.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Drew Estate LLC
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Oettinger Davidoff AG.
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Swedish Match AB
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Trendsettah USA, Inc
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
