Cigar and Cigarillos Market Size, Share, and Trends Analysis Report
CAGR :
| Market Size 2024 (Base Year) | USD 30.53 Billion |
| Market Size 2032 (Forecast Year) | USD 43.48 Billion |
| CAGR | 4.52% |
| Forecast Period | 2025 - 2032 |
| Historical Period | 2020 - 2024 |
Market Research Store has published a report on the global cigar and cigarillos market, estimating its value at USD 30.53 Billion in 2024, with projections indicating it will reach USD 43.48 Billion by the end of 2032. The market is expected to expand at a compound annual growth rate (CAGR) of around 4.52% over the forecast period. The report examines the factors driving market growth, the obstacles that could hinder this expansion, and the opportunities that may emerge in the cigar and cigarillos industry. Additionally, it offers a detailed analysis of how these elements will affect demand dynamics and market performance throughout the forecast period.
Cigar and Cigarillos Market: Overview
The growth of the cigar and cigarillos market is fueled by rising global demand across various industries and applications. The report highlights lucrative opportunities, analyzing cost structures, key segments, emerging trends, regional dynamics, and advancements by leading players to provide comprehensive market insights. The cigar and cigarillos market report offers a detailed industry analysis from 2024 to 2032, combining quantitative and qualitative insights. It examines key factors such as pricing, market penetration, GDP impact, industry dynamics, major players, consumer behavior, and socio-economic conditions. Structured into multiple sections, the report provides a comprehensive perspective on the market from all angles.
Key sections of the cigar and cigarillos market report include market segments, outlook, competitive landscape, and company profiles. Market Segments offer in-depth details based on Product, Flavor, Distribution Channel, and other relevant classifications to support strategic marketing initiatives. Market Outlook thoroughly analyzes market trends, growth drivers, restraints, opportunities, challenges, Porter’s Five Forces framework, macroeconomic factors, value chain analysis, and pricing trends shaping the market now and in the future. The Competitive Landscape and Company Profiles section highlights major players, their strategies, and market positioning to guide investment and business decisions. The report also identifies innovation trends, new business opportunities, and investment prospects for the forecast period.
Key Highlights:
- As per the analysis shared by our research analyst, the global cigar and cigarillos market is estimated to grow annually at a CAGR of around 4.52% over the forecast period (2025-2032).
- In terms of revenue, the global cigar and cigarillos market size was valued at around USD 30.53 Billion in 2024 and is projected to reach USD 43.48 Billion by 2032.
- The market is projected to grow at a significant rate due to rising premiumization trends, luxury consumption, and cultural significance in social and celebratory settings.
- Based on the Product, the Mass Cigar segment is growing at a high rate and will continue to dominate the global market as per industry projections.
- On the basis of Flavor, the Tobacco / No Flavor segment is anticipated to command the largest market share.
- In terms of Distribution Channel, the Hypermarkets & Supermarkets segment is projected to lead the global market.
- Based on region, North America is projected to dominate the global market during the forecast period.
Cigar and Cigarillos Market: Report Scope
This report thoroughly analyzes the cigar and cigarillos market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.
| Report Attributes | Report Details |
|---|---|
| Report Name | Cigar and Cigarillos Market |
| Market Size in 2024 | USD 30.53 Billion |
| Market Forecast in 2032 | USD 43.48 Billion |
| Growth Rate | CAGR of 4.52% |
| Number of Pages | 247 |
| Key Companies Covered | Altria Group Inc., Habanos S.A., Scandinavian Tobacco Group, Grukha Cigars, Swisher International Inc., Agio Cigars, Swedish Match AB, OETTINGER DAVIDOFF AG, Drew Estate, Imperial Brands PLC |
| Segments Covered | By Product, By Flavor, By Distribution Channel, and By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2024 |
| Historical Year | 2018 to 2024 |
| Forecast Year | 2025 to 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Cigar and Cigarillos Market: Dynamics
Key Growth Drivers :
The cigar and cigarillos market is experiencing growth driven by a combination of social, cultural, and economic factors. The rising popularity of premium and luxury tobacco products, especially among affluent consumers and millennials, is a major driver. Cigars are often perceived as a status symbol and are associated with a refined, celebratory lifestyle. This is further fueled by the proliferation of dedicated cigar lounges, clubs, and high-end hospitality venues that create a social and experiential atmosphere around smoking. Additionally, product innovation, particularly the introduction of a wide variety of flavored cigarillos, has attracted a younger demographic seeking a less intense and more approachable smoking experience. The expansion of online retail and direct-to-consumer models also provides greater accessibility and convenience for a broader consumer base.
Restraints :
Despite the drivers, the cigar and cigarillos market faces significant restraints, most notably stringent government regulations and increasing health concerns. Governments worldwide are implementing stricter policies on tobacco, including high taxes, advertising bans, and mandatory health warnings, which directly impact sales and profitability. The growing public awareness of the health risks associated with tobacco consumption is a major deterrent, leading many consumers to quit or avoid smoking. The market also faces intense competition from alternative tobacco and nicotine products, such as e-cigarettes and vapes, which are often marketed as "safer" alternatives and are gaining popularity, particularly among younger consumers.
Opportunities :
The market presents several opportunities for future growth. The rising demand for premium, handcrafted, and artisanal cigars, particularly those from specific regions with a rich history of tobacco production, offers a significant avenue for brands to differentiate themselves and target a discerning customer base. The trend towards flavored products, especially in the cigarillo segment, allows for creative product innovation and appeals to consumers looking for new taste experiences. The expansion of e-commerce platforms and subscription services provides a direct-to-consumer channel that fosters brand loyalty and offers curated selections. Finally, the growth of the middle class and an increasing number of high-net-worth individuals in emerging economies, particularly in Asia-Pacific, present a vast, untapped market for both mass-market and premium products.
Challenges :
The cigar and cigarillos market grapples with several challenges. Intense competition from a vast number of global and local players can lead to price pressures and the need for continuous product and marketing innovation. The industry must constantly navigate a complex and evolving regulatory landscape, which can vary significantly by country and even by state or city, making it difficult to maintain a consistent business strategy. Counterfeit products and smuggling are persistent problems that can damage brand reputation and erode consumer trust. Lastly, the industry must address the growing consumer demand for greater transparency regarding sourcing and manufacturing processes, as well as the environmental concerns related to tobacco farming and the disposal of products.
Cigar and Cigarillos Market: Segmentation Insights
The global cigar and cigarillos market is segmented based on Product, Flavor, Distribution Channel, and Region. All the segments of the cigar and cigarillos market have been analyzed based on present & future trends and the market is estimated from 2024 to 2032.
Based on Product, the global cigar and cigarillos market is divided into Mass Cigar, Premium Cigar.
On the basis of Flavor, the global cigar and cigarillos market is bifurcated into Tobacco / No Flavor, Flavored.
In terms of Distribution Channel, the global cigar and cigarillos market is categorized into Hypermarkets & Supermarkets, Specialty Stores, Online, Others.
Cigar and Cigarillos Market: Regional Insights
Europe is the dominant region in the global cigar and cigarillos market, with its leadership largely driven by Germany and France. This dominance is rooted in a long-standing cultural tradition of cigarillo consumption, particularly in Western Europe, where these products are often smoked as everyday alternatives to cigarettes. The European market is characterized by its preference for small, machine-made cigars and cigarillos, with a strong presence of major tobacco companies like Imperial Brands and Scandinavian Tobacco Group.
While North America, particularly the United States, has a significant premium handmade cigar segment, Europe's overall higher volume consumption, established manufacturing infrastructure, and deeply ingrained smoking culture in key countries solidify its position as the largest and most stable market for cigarillos globally.
Cigar and Cigarillos Market: Competitive Landscape
The cigar and cigarillos market report offers a thorough analysis of both established and emerging players within the market. It includes a detailed list of key companies, categorized based on the types of products they offer and other relevant factors. The report also highlights the market entry year for each player, providing further context for the research analysis.
The "Global Cigar and Cigarillos Market" study offers valuable insights, focusing on the global market landscape, with an emphasis on major industry players such as;
- Altria Group Inc.
- Habanos S.A.
- Scandinavian Tobacco Group
- Grukha Cigars
- Swisher International Inc.
- Agio Cigars
- Swedish Match AB
- OETTINGER DAVIDOFF AG
- Drew Estate
- Imperial Brands PLC
The Global Cigar and Cigarillos Market is Segmented as Follows:
By Product
- Mass Cigar
- Premium Cigar
By Flavor
- Tobacco / No Flavor
- Flavored
By Distribution Channel
- Hypermarkets & Supermarkets
- Specialty Stores
- Online
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Frequently Asked Questions
Table Of Content
List of Tables and Figures Figure Product Picture of Cigar and Cigarillos Table Product Specification of Cigar and Cigarillos Figure Market Concentration Ratio and Market Maturity Analysis of Cigar and Cigarillos Figure Global Cigar and Cigarillos Value ($) and Growth Rate from 2014-2024 Table Different Types of Cigar and Cigarillos Figure Global Cigar and Cigarillos Value ($) Segment by Type from 2014-2019 Figure Tobacco/No Flavor Picture Figure Fruit & Candy Picture Figure Mint & Menthol Picture Figure Chocolate & Vanilla Picture Table Different Applications of Cigar and Cigarillos Figure Global Cigar and Cigarillos Value ($) Segment by Applications from 2014-2019 Figure Supermarkets Picture Figure Speciality Stores Picture Figure Departmental Stores Picture Figure Online Picture Table Research Regions of Cigar and Cigarillos Figure North America Cigar and Cigarillos Production Value ($) and Growth Rate (2014-2019) Figure Europe Cigar and Cigarillos Production Value ($) and Growth Rate (2014-2019) Table China Cigar and Cigarillos Production Value ($) and Growth Rate (2014-2019) Table Japan Cigar and Cigarillos Production Value ($) and Growth Rate (2014-2019) Table Middle East & Africa Cigar and Cigarillos Production Value ($) and Growth Rate (2014-2019) Table India Cigar and Cigarillos Production Value ($) and Growth Rate (2014-2019) Table South America Cigar and Cigarillos Production Value ($) and Growth Rate (2014-2019) Table Emerging Countries of Cigar and Cigarillos Table Growing Market of Cigar and Cigarillos Figure Industry Chain Analysis of Cigar and Cigarillos Table Upstream Raw Material Suppliers of Cigar and Cigarillos with Contact Information Table Major Players Manufacturing Base and Market Share ($) of Cigar and Cigarillos in 2018 Table Major Players Cigar and Cigarillos Product Types in 2018 Figure Production Process of Cigar and Cigarillos Figure Manufacturing Cost Structure of Cigar and Cigarillos Figure Channel Status of Cigar and Cigarillos Table Major Distributors of Cigar and Cigarillos with Contact Information Table Major Downstream Buyers of Cigar and Cigarillos with Contact Information Table Global Cigar and Cigarillos Value ($) by Type (2014-2019) Table Global Cigar and Cigarillos Value ($) Share by Type (2014-2019) Figure Global Cigar and Cigarillos Value ($) Share by Type (2014-2019) Table Global Cigar and Cigarillos Production by Type (2014-2019) Table Global Cigar and Cigarillos Production Share by Type (2014-2019) Figure Global Cigar and Cigarillos Production Share by Type (2014-2019) Figure Global Cigar and Cigarillos Value ($) and Growth Rate of Tobacco/No Flavor Figure Global Cigar and Cigarillos Value ($) and Growth Rate of Fruit & Candy Figure Global Cigar and Cigarillos Value ($) and Growth Rate of Mint & Menthol Figure Global Cigar and Cigarillos Value ($) and Growth Rate of Chocolate & Vanilla Figure Global Cigar and Cigarillos Price by Type (2014-2019) Table Global Cigar and Cigarillos Consumption by Application (2014-2019) Table Global Cigar and Cigarillos Consumption Market Share by Application (2014-2019) Figure Global Cigar and Cigarillos Consumption Market Share by Application (2014-2019) Table Downstream Buyers Introduction by Application Figure Global Cigar and Cigarillos Consumption and Growth Rate of Supermarkets (2014-2019) Figure Global Cigar and Cigarillos Consumption and Growth Rate of Speciality Stores (2014-2019) Figure Global Cigar and Cigarillos Consumption and Growth Rate of Departmental Stores (2014-2019) Figure Global Cigar and Cigarillos Consumption and Growth Rate of Online (2014-2019) Table Global Cigar and Cigarillos Value ($) by Region (2014-2019) Table Global Cigar and Cigarillos Value ($) Market Share by Region (2014-2019) Figure Global Cigar and Cigarillos Value ($) Market Share by Region (2014-2019) Table Global Cigar and Cigarillos Production by Region (2014-2019) Table Global Cigar and Cigarillos Production Market Share by Region (2014-2019) Figure Global Cigar and Cigarillos Production Market Share by Region (2014-2019) Table Global Cigar and Cigarillos Production, Value ($), Price and Gross Margin (2014-2019) Table North America Cigar and Cigarillos Production, Value ($), Price and Gross Margin (2014-2019) Table Europe Cigar and Cigarillos Production, Value ($), Price and Gross Margin (2014-2019) Table China Cigar and Cigarillos Production, Value ($), Price and Gross Margin (2014-2019) Table Japan Cigar and Cigarillos Production, Value ($), Price and Gross Margin (2014-2019) Table Middle East & Africa Cigar and Cigarillos Production, Value ($), Price and Gross Margin (2014-2019) Table India Cigar and Cigarillos Production, Value ($), Price and Gross Margin (2014-2019) Table South America Cigar and Cigarillos Production, Value ($), Price and Gross Margin (2014-2019) Table Global Cigar and Cigarillos Consumption by Regions (2014-2019) Figure Global Cigar and Cigarillos Consumption Share by Regions (2014-2019) Table North America Cigar and Cigarillos Production, Consumption, Export, Import (2014-2019) Table Europe Cigar and Cigarillos Production, Consumption, Export, Import (2014-2019) Table China Cigar and Cigarillos Production, Consumption, Export, Import (2014-2019) Table Japan Cigar and Cigarillos Production, Consumption, Export, Import (2014-2019) Table Middle East & Africa Cigar and Cigarillos Production, Consumption, Export, Import (2014-2019) Table India Cigar and Cigarillos Production, Consumption, Export, Import (2014-2019) Table South America Cigar and Cigarillos Production, Consumption, Export, Import (2014-2019) Figure North America Cigar and Cigarillos Production and Growth Rate Analysis Figure North America Cigar and Cigarillos Consumption and Growth Rate Analysis Figure North America Cigar and Cigarillos SWOT Analysis Figure Europe Cigar and Cigarillos Production and Growth Rate Analysis Figure Europe Cigar and Cigarillos Consumption and Growth Rate Analysis Figure Europe Cigar and Cigarillos SWOT Analysis Figure China Cigar and Cigarillos Production and Growth Rate Analysis Figure China Cigar and Cigarillos Consumption and Growth Rate Analysis Figure China Cigar and Cigarillos SWOT Analysis Figure Japan Cigar and Cigarillos Production and Growth Rate Analysis Figure Japan Cigar and Cigarillos Consumption and Growth Rate Analysis Figure Japan Cigar and Cigarillos SWOT Analysis Figure Middle East & Africa Cigar and Cigarillos Production and Growth Rate Analysis Figure Middle East & Africa Cigar and Cigarillos Consumption and Growth Rate Analysis Figure Middle East & Africa Cigar and Cigarillos SWOT Analysis Figure India Cigar and Cigarillos Production and Growth Rate Analysis Figure India Cigar and Cigarillos Consumption and Growth Rate Analysis Figure India Cigar and Cigarillos SWOT Analysis Figure South America Cigar and Cigarillos Production and Growth Rate Analysis Figure South America Cigar and Cigarillos Consumption and Growth Rate Analysis Figure South America Cigar and Cigarillos SWOT Analysis Figure Top 3 Market Share of Cigar and Cigarillos Companies Figure Top 6 Market Share of Cigar and Cigarillos Companies Table Mergers, Acquisitions and Expansion Analysis Table Company Profiles Table Product Introduction Table Holt's Cigar Company Production, Value ($), Price, Gross Margin 2014-2019 Figure Holt's Cigar Company Production and Growth Rate Figure Holt's Cigar Company Value ($) Market Share 2014-2019 Figure Holt's Cigar Company Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table RITMEESTER Production, Value ($), Price, Gross Margin 2014-2019 Figure RITMEESTER Production and Growth Rate Figure RITMEESTER Value ($) Market Share 2014-2019 Figure RITMEESTER Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Dannemann Cigarenfabrik GmbH Production, Value ($), Price, Gross Margin 2014-2019 Figure Dannemann Cigarenfabrik GmbH Production and Growth Rate Figure Dannemann Cigarenfabrik GmbH Value ($) Market Share 2014-2019 Figure Dannemann Cigarenfabrik GmbH Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Swedish Match Production, Value ($), Price, Gross Margin 2014-2019 Figure Swedish Match Production and Growth Rate Figure Swedish Match Value ($) Market Share 2014-2019 Figure Swedish Match Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Agio Cigars Production, Value ($), Price, Gross Margin 2014-2019 Figure Agio Cigars Production and Growth Rate Figure Agio Cigars Value ($) Market Share 2014-2019 Figure Agio Cigars Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Scandinavian Tobacco Group Production, Value ($), Price, Gross Margin 2014-2019 Figure Scandinavian Tobacco Group Production and Growth Rate Figure Scandinavian Tobacco Group Value ($) Market Share 2014-2019 Figure Scandinavian Tobacco Group Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Atlanticcigar Production, Value ($), Price, Gross Margin 2014-2019 Figure Atlanticcigar Production and Growth Rate Figure Atlanticcigar Value ($) Market Share 2014-2019 Figure Atlanticcigar Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table ArnoldAndré Production, Value ($), Price, Gross Margin 2014-2019 Figure ArnoldAndré Production and Growth Rate Figure ArnoldAndré Value ($) Market Share 2014-2019 Figure ArnoldAndré Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Altadis SA Production, Value ($), Price, Gross Margin 2014-2019 Figure Altadis SA Production and Growth Rate Figure Altadis SA Value ($) Market Share 2014-2019 Figure Altadis SA Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Cigars Internationa Production, Value ($), Price, Gross Margin 2014-2019 Figure Cigars Internationa Production and Growth Rate Figure Cigars Internationa Value ($) Market Share 2014-2019 Figure Cigars Internationa Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Habanos SA Corporation Production, Value ($), Price, Gross Margin 2014-2019 Figure Habanos SA Corporation Production and Growth Rate Figure Habanos SA Corporation Value ($) Market Share 2014-2019 Figure Habanos SA Corporation Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Swisher International, Inc. Production, Value ($), Price, Gross Margin 2014-2019 Figure Swisher International, Inc. Production and Growth Rate Figure Swisher International, Inc. Value ($) Market Share 2014-2019 Figure Swisher International, Inc. Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table John Middleton Co. Production, Value ($), Price, Gross Margin 2014-2019 Figure John Middleton Co. Production and Growth Rate Figure John Middleton Co. Value ($) Market Share 2014-2019 Figure John Middleton Co. Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Company Profiles Table Product Introduction Table Jrcigars Production, Value ($), Price, Gross Margin 2014-2019 Figure Jrcigars Production and Growth Rate Figure Jrcigars Value ($) Market Share 2014-2019 Figure Jrcigars Market Share of Cigar and Cigarillos Segmented by Region in 2018 Table Global Cigar and Cigarillos Market Value ($) Forecast, by Type Table Global Cigar and Cigarillos Market Volume Forecast, by Type Figure Global Cigar and Cigarillos Market Value ($) and Growth Rate Forecast of Tobacco/No Flavor (2019-2024) Figure Global Cigar and Cigarillos Market Volume and Growth Rate Forecast of Tobacco/No Flavor (2019-2024) Figure Global Cigar and Cigarillos Market Value ($) and Growth Rate Forecast of Fruit & Candy (2019-2024) Figure Global Cigar and Cigarillos Market Volume and Growth Rate Forecast of Fruit & Candy (2019-2024) Figure Global Cigar and Cigarillos Market Value ($) and Growth Rate Forecast of Mint & Menthol (2019-2024) Figure Global Cigar and Cigarillos Market Volume and Growth Rate Forecast of Mint & Menthol (2019-2024) Figure Global Cigar and Cigarillos Market Value ($) and Growth Rate Forecast of Chocolate & Vanilla (2019-2024) Figure Global Cigar and Cigarillos Market Volume and Growth Rate Forecast of Chocolate & Vanilla (2019-2024) Table Global Market Value ($) Forecast by Application (2019-2024) Table Global Market Volume Forecast by Application (2019-2024) Figure Global Cigar and Cigarillos Consumption and Growth Rate of Supermarkets (2014-2019) Figure Global Cigar and Cigarillos Consumption and Growth Rate of Speciality Stores (2014-2019) Figure Global Cigar and Cigarillos Consumption and Growth Rate of Departmental Stores (2014-2019) Figure Global Cigar and Cigarillos Consumption and Growth Rate of Online (2014-2019) Figure Market Value ($) and Growth Rate Forecast of Online (2019-2024) Figure Market Volume and Growth Rate Forecast of Online (2019-2024) Figure North America Market Value ($) and Growth Rate Forecast (2019-2024) Table North America Consumption and Growth Rate Forecast (2019-2024) Figure Europe Market Value ($) and Growth Rate Forecast (2019-2024) Table Europe Consumption and Growth Rate Forecast (2019-2024) Figure China Market Value ($) and Growth Rate Forecast (2019-2024) Table China Consumption and Growth Rate Forecast (2019-2024) Figure Japan Market Value ($) and Growth Rate Forecast (2019-2024) Table Japan Consumption and Growth Rate Forecast (2019-2024) Figure Middle East & Africa Market Value ($) and Growth Rate Forecast (2019-2024) Table Middle East & Africa Consumption and Growth Rate Forecast (2019-2024) Figure India Market Value ($) and Growth Rate Forecast (2019-2024) Table India Consumption and Growth Rate Forecast (2019-2024) Figure South America Market Value ($) and Growth Rate Forecast (2019-2024) Table South America Consumption and Growth Rate Forecast (2019-2024) Figure Industry Resource/Technology/Labor Importance Analysis Table New Entrants SWOT Analysis Table New Project Analysis of Investment Recovery
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