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Cigar & Cigarillos Market - Global Industry Analysis

Cigar & Cigarillos Market By Product (Mass Cigar, and Premium Cigar), By Flavor (Tobacco / No Flavor, and Flavored), By Distribution Channel (Offline Retail Stores, and Online Retail Stores): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 19-Oct-2021 Category: Food & Beverage Report Format : PDF Pages: 199 Report Code: ZMR-460 Status : Published

The global Cigar & Cigarillos Market accounted for USD 36.67 Billion in 2020 and is expected to reach USD 85.04 Billion by 2028, growing at a CAGR of 11.33% from 2021 to 2028.

Description

Market Overview

The global Cigar & Cigarillos Market accounted for USD 36.67 Billion in 2020 and is expected to reach USD 85.04 Billion by 2028, growing at a CAGR of 11.33% from 2021 to 2028.

A cigar is a tobacco roll wrapped up in a substance which contains tobacco or in a leaf tobacco. Cigars are tobacco products which are combustible (mostly). They vary in size—from small cigars, like little filtered cigarillos or cigar, to large ones, like large premium cigars.

Cigarillo is a short and narrow cigar. Cigarillos are wrapped in brown (tobacco-based paper) or tobacco leaves. They are smaller in size than regular cigars but mostly larger in size than cigarettes.

Global Cigar & Cigarillos Market Size

COVID-19 Impact Analysis

The outbreak of COVID-19 had a negative impact on cigars and cigarillo market. Due to strict lockdown situations, raw materials were unable to reach at manufacturing units owing to which manufacturing were delayed. This factor has declined the market of cigars and cigarillos product market during pandemic. Furthermore, shutdown of shops and stores impacted negatively on the total sales. Moreover, researchers claimed consumption of tobacco is likely to increase infection of COVID-19 in the people.

Growth Factors

Cigars have been considered as a symbol of luxury and success. Hence, cigarillos and cigars are generally smoked on special occasions. Furthermore, manufacturers are adding great flavors to hide the rough taste of tobacco.

Smoking trend has become fashionable and popular among adults. One of the many factors propelling the demand is the tax rate. One of the emerging strategies by tobacco market players is to find out customer views on cigars and cigarillos and to find out the flavors which are most liked by the customers. To attract more customers, manufacturers of tobacco reduced the size of cigars so that it looks like a cigarette. They also introduced various flavors.

Market for cigars and cigarillos is witnessing a significant growth due to the rising number of premium hotels have cigar lounge, hence, becoming a part of the hospitality sector. Tobacco companies are offering new their products like mint, fruit, chocolate, etc. to market.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Product Analysis Preview

Mass Cigars segment held a share of around 36.56% in 2020. Mass cigars are likely to be most consumed by young customers as compared to premium cigars. Mass category items are machine made and therefore they are affordable as compared to premium category items, due to which, young people, generally high school or grad students opt for these mass category items. Additionally, mass category items are available in different flavors such as chocolate, menthol, mint, and vanilla which led to an increase in consumption.

Premium cigar segment is anticipated to witness a fast growth over the coming years on account of increasing demand from luxury bars and hotels. Furthermore, premium items are handmade therefore they are witnessing substantial demand from developed nations such as the U.K., U.S., and China. Increasing popularity of flavor and unique taste is influencing positively on the demand for the category in few years which have passed. Moreover, online platform is witnessing a healthy demand for premium products which is anticipated to propel the market in the coming years.

Global Cigar & Cigarillos Market Share

Flavor Segment Analysis Preview

Flavored segment will grow at a CAGR of over 6.9% from 2021 to 2028. Flavored products market is anticipated to witness a substantial growth in the coming years owing to the increasing popularity of flavored items among youth. Additionally, increasing number of female consumers is anticipated to hike the demand for flavored item. Among the different flavors, fruit-based flavors are the most in demand and are preferred, though flavors such as tea, wine, and Jazz is anticipated to witness a significant growth in the forecast period.

Regional Analysis Preview

The North American region held a share of over 36.56% in 2020. North America region held largest share, due to the demand coming from luxury bars and hotels in U.S. for premium cigars is increasing. However, rigid norms and rules by the U.S. FDA (Food and Drug Administration) for the launch of new items combined with the massive taxation by the government of U.S. are anticipated to curb the growth in future.

Global Cigar & Cigarillos Market Regional Analysis

Asia Pacific is anticipated to grow at a CAGR of 13.2% over the forecast period. Demand for cigar is increasing in the region. This is attributed to the growing demand in China. Cigar and cigarillos is treated as a luxury item to go with meals and drinks. The time of meal with the friends and family is treated essential in Chinese tradition and they arrange ceremonial meals to celebrate important occasions and this moment is considered suitable in the nation to share cigars and drinks with the friends, family, and co-workers, this has led to an increase in demand from China.

Key Market Players & Competitive Landscape

Some of key players in Cigar & Cigarillos Market are the Dominican Republic, Nicaragua, Imperial Tobacco Group, Honduras, Swisher International Group Inc., Swedish Match AB, Drew Estate LLC, Scandinavian Tobacco Group, Oettinger Davidoff, and Altria Group, Inc., among others. 

In 2019 November, Davidoff operations expanded in Hong Kong as they opened a new flagship outlet in a luxury and premium shopping destination, known as “The Landmark”. In 2019 June, El Artista Cigars brought a range of new cigars in the market under the Buffalo TEN brand. It claims to provide attractive packaging and better tobacco quality.

The global cigar & cigarillos market is segmented as follows:

By Product

  • Mass Cigar
  • Premium Cigar

By Flavor

  • Tobacco / No Flavor
  • Flavored

By Distribution Channel

  • Offline Retail Stores
  • Online Retail Stores

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Product
        • 2.1.1.2. Market Attractiveness Analysis, By Flavor
        • 2.1.1.3. Market Attractiveness Analysis, By Distribution Channel
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Cigar & Cigarillos Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Cigar & Cigarillos Market – Product Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Product, 2020 & 2028
    • 4.2. Mass Cigar
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Premium Cigar
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: Cigar & Cigarillos Market – Flavor Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Flavor, 2020 & 2028
    • 5.2. Tobacco / No Flavor
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Flavored
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6: Cigar & Cigarillos Market – Distribution Channel Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Distribution Channel, 2020 & 2028
    • 6.2. Offline Retail Stores
      • 6.2.1. Market Size and Forecast, By Region (USD Billion)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Online Retail Stores
      • 6.3.1. Market Size and Forecast, By Region (USD Billion)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7: Cigar & Cigarillos Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.2.2. North America Market Revenue, By Product, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Flavor, 2016 – 2028
      • 7.2.4. North America Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Product, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Flavor, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Product, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Flavor, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Product, 2016 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Flavor, 2016 – 2028
        • 7.2.7.3. Mexico Market Revenue, By Distribution Channel, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.3.2. Europe Market Revenue, By Product, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Flavor, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Product, 2016 – 2028
        • 7.3.5.2. Germany Market Revenue, By Flavor, 2016 – 2028
        • 7.3.5.3. Germany Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Product, 2016 – 2028
        • 7.3.6.2. France Market Revenue, By Flavor, 2016 – 2028
        • 7.3.6.3. France Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Product, 2016 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Flavor, 2016 – 2028
        • 7.3.7.3. U.K. Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Product, 2016 – 2028
        • 7.3.8.2. Italy Market Revenue, By Flavor, 2016 – 2028
        • 7.3.8.3. Italy Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Product, 2016 – 2028
        • 7.3.9.2. Spain Market Revenue, By Flavor, 2016 – 2028
        • 7.3.9.3. Spain Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Product, 2016 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Flavor, 2016 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By Distribution Channel, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.4.2. Asia Pacific Market Revenue, By Product, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Flavor, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Product, 2016 – 2028
        • 7.4.5.2. China Market Revenue, By Flavor, 2016 – 2028
        • 7.4.5.3. China Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Product, 2016 – 2028
        • 7.4.6.2. Japan Market Revenue, By Flavor, 2016 – 2028
        • 7.4.6.3. Japan Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Product, 2016 – 2028
        • 7.4.7.2. India Market Revenue, By Flavor, 2016 – 2028
        • 7.4.7.3. India Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Product, 2016 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Flavor, 2016 – 2028
        • 7.4.8.3. South Korea Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Product, 2016 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Flavor, 2016 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Product, 2016 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Flavor, 2016 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By Distribution Channel, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.5.2. Latin America Market Revenue, By Product, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Flavor, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Product, 2016 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Flavor, 2016 – 2028
        • 7.5.5.3. Brazil Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.5.6. Argentina
        • 7.5.6.1. Argentina Market Revenue, By Product, 2016 – 2028
        • 7.5.6.2. Argentina Market Revenue, By Flavor, 2016 – 2028
        • 7.5.6.3. Argentina Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Product, 2016 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Flavor, 2016 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By Distribution Channel, 2016 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Product, 2016 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Flavor, 2016 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Product, 2016 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Flavor, 2016 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Product, 2016 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Flavor, 2016 – 2028
        • 7.6.6.3. South Africa Market Revenue, By Distribution Channel, 2016 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Product, 2016 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Flavor, 2016 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By Distribution Channel, 2016 – 2028
  • Chapter No. 8: Cigar & Cigarillos Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
    • 8.3. Market Restraints
    • 8.4. Market Opportunities
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technulogy Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9: Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Cigar & Cigarillos Market: Company Market Share, 2019
      • 9.1.2. Global Cigar & Cigarillos Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 9.1.3. Global Cigar & Cigarillos Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Cigar & Cigarillos Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10: Company Profiles
    • 10.1. Dominican Republic
    • 10.2. Nicaragua
    • 10.3. Imperial Tobacco Group
    • 10.4. Honduras
    • 10.5. Swisher International Group Inc.
    • 10.6. Swedish Match AB
    • 10.7. Drew Estate LLC
    • 10.8. Scandinavian Tobacco Group
    • 10.9. Oettinger Davidoff
    • 10.10. Altria Group, Inc.
  • Chapter No. 11: Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12: Research Methodulogy
    • 12.1. Research Methodulogy
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

List of Figures    

FIG NO. 1. Market Attractiveness Analysis, By Product
FIG NO. 2. Market Attractiveness Analysis, By Flavor
FIG NO. 3. Market Attractiveness Analysis, By Distribution Channel
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Cigar & Cigarillos Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Product, 2020 & 2028
FIG NO. 8. Global Cigar & Cigarillos Market for Mass Cigar, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Cigar & Cigarillos Market for Mass Cigar, By Country, 2020 & 2028
FIG NO. 10. Global Cigar & Cigarillos Market for Premium Cigar, Revenue (USD Billion) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Cigar & Cigarillos Market for Premium Cigar, By Country, 2020 & 2028
FIG NO. 12. Market Revenue Share, By Flavor, 2020 & 2028
FIG NO. 13. Global Cigar & Cigarillos Market for Tobacco / No Flavor, Revenue (USD Billion) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Cigar & Cigarillos Market for Tobacco / No Flavor, By Country, 2020 & 2028
FIG NO. 15. Global Cigar & Cigarillos Market for Flavored, Revenue (USD Billion) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Cigar & Cigarillos Market for Flavored, By Country, 2020 & 2028
FIG NO. 17. Market Revenue Share, By Distribution Channel, 2020 & 2028
FIG NO. 18. Global Cigar & Cigarillos Market for Offline Retail Stores, Revenue (USD Billion) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Cigar & Cigarillos Market for Offline Retail Stores, By Country, 2020 & 2028
FIG NO. 20. Global Cigar & Cigarillos Market for Online Retail Stores, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Cigar & Cigarillos Market for Online Retail Stores, By Country, 2020 & 2028
FIG NO. 22. Global Cigar & Cigarillos Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America Cigar & Cigarillos Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 24. Porter’s Five Forces Analysis for Global Cigar & Cigarillos Market
FIG NO. 25. PEST Analysis for Global Cigar & Cigarillos Market
FIG NO. 26. Pricing Analysis for Global Cigar & Cigarillos Market
FIG NO. 27. Value Chain Analysis for Global Cigar & Cigarillos Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. Dominican Republic Business Segment Revenue Share, 2020 (%)
FIG NO. 32. Dominican Republic Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology


List of Tables 

TABLE NO. 1 Global Cigar & Cigarillos Market: Snapshot
TABLE NO. 2. Quarterly Cigar & Cigarillos Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Cigar & Cigarillos Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Cigar & Cigarillos Market for Mass Cigar, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Cigar & Cigarillos Market for Premium Cigar, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Cigar & Cigarillos Market for Tobacco / No Flavor, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Cigar & Cigarillos Market for Flavored, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Cigar & Cigarillos Market for Offline Retail Stores, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Cigar & Cigarillos Market for Online Retail Stores, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Cigar & Cigarillos Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. North America Cigar & Cigarillos Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 14. North America Cigar & Cigarillos Market Revenue, By Product, 2016 – 2028 (USD Billion)
TABLE NO. 15. North America Cigar & Cigarillos Market Revenue, By Flavor, 2016 – 2028 (USD Billion)
TABLE NO. 16. North America Cigar & Cigarillos Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 17. U.S. Cigar & Cigarillos Market Revenue, By Product, 2016 – 2028 (USD Billion)
TABLE NO. 18. U.S. Cigar & Cigarillos Market Revenue, By Flavor, 2016 – 2028 (USD Billion)
TABLE NO. 19. U.S. Cigar & Cigarillos Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 20. Canada Cigar & Cigarillos Market Revenue, By Product, 2016 – 2028 (USD Billion)
TABLE NO. 21. Canada Cigar & Cigarillos Market Revenue, By Flavor, 2016 – 2028 (USD Billion)
TABLE NO. 22. Canada Cigar & Cigarillos Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 23. Mexico Cigar & Cigarillos Market Revenue, By Product, 2016 – 2028 (USD Billion)
TABLE NO. 24. Mexico Cigar & Cigarillos Market Revenue, By Flavor, 2016 – 2028 (USD Billion)
TABLE NO. 25. Mexico Cigar & Cigarillos Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 26. Drivers for the Cigar & Cigarillos Market: Impact Analysis
TABLE NO. 27. Restraints for the Cigar & Cigarillos Market: Impact Analysis
TABLE NO. 28. Major Buyers of Cigar & Cigarillos
TABLE NO. 29. Distributors/Traders List of Cigar & Cigarillos
TABLE NO. 30. Global Cigar & Cigarillos Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 31. Global Cigar & Cigarillos Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
 

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FrequentlyAsked Questions

The global cigar & cigarillos market was valued at USD 36.67 Billion in 2020.

The global cigar & cigarillos market is expected to reach USD 85.04 Billion by 2028, growing at a CAGR of 11.33% between 2021 to 2028.

Some of the key factors driving the global cigar & cigarillos market growth are increased demand, growing disposable income and considered as luxury item.

Asia Pacific is anticipated to grow at a CAGR of 13.2% over the forecast period. Demand for cigar is increasing in the region. This is attributed to the growing demand in China. Cigar and cigarillos is treated as a luxury item to go with meals and drinks. The time of meal with the friends and family is treated essential in Chinese tradition and they arrange ceremonial meals to celebrate important occasions and this moment is considered suitable in the nation to share cigars and drinks with the friends, family, and co-workers, this has led to an increase in demand from China.

Some of the major companies operating in the cigars and cigarillos market are Dominican Republic, Nicaragua, Imperial Tobacco Group, Honduras, Swisher International Group Inc., Swedish Match AB, Drew Estate LLC, Scandinavian Tobacco Group, Oettinger Davidoff, and Altria Group, Inc., among others.

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