Cigars & Cigarillos Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-460 | Report Format : | Status : Upcoming |

Abstract

Global Cigars & Cigarillos Market: Overview

The dried and fermented tobacco leaves are tightly rolled and bound together to form cigars and cigarillos. These are of varied sizes, thicknesses, and lengths. The cigars are burnt at the end in order to intake tobacco smoke into the mouth. The cigars and cigarillos have become more popular in young and adult people. They are now considered a status symbol. People are ready to pay more money for their varied flavors. However, celebrities became an ideal example for attracting more consumers towards cigars and cigarillos. The smoking trend is gaining popularity among young and adult women too. For instance, Snoop Dogg launched his own tobacco cigar line, a new cigar brand—Executive Branch.

Global Cigars & Cigarillos Market: Growth Factors

Lower tax on cigar and cigarillos products is expected to fuel market. In addition, consumer acceptance of cigar and cigarillos as a status symbol is further anticipated to boost the market in future. One of the major driving factors is the difference in the in the tax rate. Increasing demand for cigars and cigarillos owing to its growing popularity is anticipated to contribute to the growth of the global market. Conversely, strict government regulation over advertisement and smoking in the public places restraints the market growth.

Global Cigars & Cigarillos Market: Segmentation

The global cigars & cigarillos market is segmented on the basis of category as little cigars, cigars, and cigarillos. Of these, cigarillos accounted for the largest category segment due to its availability at low prices. Based on types, the global market is categorized as premium and mass. Of which, premium is the leading segment in the global market. The premium category brand shows robust growth in countries such as China, the U.S., and the UAE. Further, the cigars & cigarillos market is bifurcated on the basis of flavor as fruit, mint, chocolate, and others. The mint flavor contributed for the largest market share. Fruit is expected to dominate the market in the near future.

Global Cigars & Cigarillos Market: Regional Analysis

North America is the dominating region for cigars & cigarillos market owing to favorable growth opportunities in this region. Asia Pacific is also expected to boost the market growth due to rising popularity in the youth. Furthermore, China is emerging as a demanding region for cigars & cigarillos market. The U.S. is also an emerging market for the cigars and cigarillos having a lower tax for cigarettes compared to others. The cigars and cigarillos are not controlled by the Family Smoking Prevention and Tobacco Control Act in the U.S. Hence, this region is anticipated to witness growth in the future. Under this act, nearly 20 cigarettes and flavored cigarettes have been banned in the U.S. but are not applicable to cigars and cigarillos; this is expected to propel the global market in future.

Global Cigars & Cigarillos Market: Competitive Players

The major industries operating in the global cigars and cigarillos market include Trendsettah USA, Inc., British American Tobacco, Swisher International, Inc., Altria Group, Inc., Drew Estate LLC, Swedish Match AB, Imperial Brands, Oettinger Davidoff AG, Habanos S.A., Scandinavian Tobacco Group A/S, Altadis, and Godfrey Phillips India Ltd. and Plc.

Global Cigars & Cigarillos Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Cattle Feed and Feed Additives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3117 | Report Format:

Cattle Feed and Feed Additives Market: Overview Cattle feed and feed additives are being used to augment the quality of feed to boost yield and cattles health. Feed additives are products used in animal nutrition so as to improve the quality of feed and the quality of food form animal provenance...Read More

Infant Nutritional Premix Market: Global Industrial Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2024

Price : $ 3999.00 | Report Code: ZMR-3108 | Report Format:

Global Infant Nutritional Premix Market: Overview Infant nutritional premixes are customized nutritional blends intended to enhance the overall nutritional value of infant nutritional product containing vitamins (mostly vitamin D), minerals, amino acids, and nucleotides. For effectively promotin...Read More

Feed Phytogenic Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 - 2024

Price : $ 3999.00 | Report Code: ZMR-3103 | Report Format:

Global Feed Phytogenic Market: Overview Phytogenics are natural growth promoters on non-antibiotic growth promoters used as feed additives. These are mainly derived from herbs and spices or other plants. They are also used as alternatives to antibiotic growth promoters in livestock production. F...Read More

Synthetic Foods Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3065 | Report Format:

Synthetic Foods Market: Overview Synthetic foods are the kind of foods produced with the help of innovation in technology. These types of foods contain high vitamins, proteins, nutrients, fats or their components. These are artificial foods. The end results of these foods are same as of natural ...Read More

Oilseed Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3044 | Report Format:

Global Oilseed Market: Overview Oilseeds are used for the purpose of extraction of oil and biofuels from the seeds of the crop grown naturally in the fields. The productivity of crops highly affects the market of the oilseeds. Recent forecast demonstrates a rise in crop production leading to an ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.