Cigars & Cigarillos Market Overview
Cigars and cigarillos are fermented and dried tobacco leaves tightly rolled into a bundle. These come in a variety of lengths, widths, and thicknesses. The end of the cigar is ignited so that the smoke can be pulled into the mouth. During the projected period, the global cigars and cigarillos market is predicted to increase slowly but steadily in terms of revenue. Volume increase, on the other hand, is likely to be strong.
Due to rising demand among young adults, the market for cigars and cigarillos is gaining traction. Furthermore, the variety of flavours available in cigars and cigarillos is enticing customers to purchase these items. Women are particularly enthusiastic about the trend. In the near future, this is projected to increase demand for cigars and cigarillos.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product Type, Category, Flavor, End-Use, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | British American Tobacco, Tobacco Group A/S, Habanos S.A. |
Covid-19 Impact on Cigars & Cigarillos Market
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused to shut down of many small to medium food processing companies around the world.
Cigars & Cigarillos Market Segment Overview
According to Category, Cigarillos is one of the largest segments in the global Cigars & Cigarillos market. The segment's rise is being propelled by the availability of many types of cigarillos at comparatively affordable pricing. Furthermore, during the forecast period, the cigars segment is expected to gain traction as customers gravitate toward larger tobacco products. Additionally, based on Flavor, the Mint and Menthol segment is showing the largest demand in the market. The fruits and candy segment, on the other hand, is likely to increase rapidly in the foreseeable future. The rise of the fruits and candy segment is projected to be aided by the growing number of female cigar and cigarillos users.
Cigars & Cigarillos Market, By Product Type
· Premium
· Mass
Cigars & Cigarillos Market, By Category
· Cigars
· Cigarillos
Cigars & Cigarillos Market, By Flavor
· Mint and Menthol
· Fruits and Candy
Cigars & Cigarillos Market, By End-Use
· Male
· Female
Cigars & Cigarillos Market Regional Overview
Geographically, North America has the biggest regional market share. Rising demand in the United States is likely to provide positive growth opportunities in the North American cigar and cigarillos market. The Asia Pacific market is also predicted to rise significantly. Europe and Asia Pacific are projected to emerge as two of the fastest expanding markets in the near future. The market for cigars and cigarillos in Asia Pacific is expanding due to rising demand in China.
Cigars & Cigarillos Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Cigars & Cigarillos Market, Key Players
· British American Tobacco
· Tobacco Group A/S
· Habanos S.A.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Cigars & Cigarillos market?
The market for cigars and cigarillos is gaining traction due to rising demand among young adults
Q2. Which Segments are covered in the global Cigars & Cigarillos market report?
Product Type, Category, Flavor, End-Use, and Region. these segments are covered in the global Cigars & Cigarillos market report.
Q3. Which segment is projected to hold the largest share in the global Cigars & Cigarillos market?
Cigarillos segment is projected to hold the largest share in the global Cigars & Cigarillos market.
Q4. Which region holds the largest share in the global Cigars & Cigarillos market?
North America held the largest share in the global Cigars & Cigarillos market
Q5. Which are the prominent players in the global Cigars & Cigarillos market?
British American Tobacco, Tobacco Group A/S, Habanos S.A. are some key players in the global Cigars & Cigarillos market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Cigars & Cigarillos Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Premium
- 5.2.2. Mass
- 5.3. Market Analysis, Insights and Forecast – By Category
- 5.3.1. Cigars
- 5.3.2. Cigarillos
- 5.4. Market Analysis, Insights and Forecast – By Flavor
- 5.4.1. Mint and Menthol
- 5.4.2. Fruits and Candy
- 5.5. Market Analysis, Insights and Forecast – By End-Use
- 5.5.1. Male
- 5.5.2. Female
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Cigars & Cigarillos Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Premium
- 6.2.2. Mass
- 6.3. Market Analysis, Insights and Forecast – By Category
- 6.3.1. Cigars
- 6.3.2. Cigarillos
- 6.4. Market Analysis, Insights and Forecast – By Flavor
- 6.4.1. Mint and Menthol
- 6.4.2. Fruits and Candy
- 6.5. Market Analysis, Insights and Forecast – By End-Use
- 6.5.1. Male
- 6.5.2. Female
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Cigars & Cigarillos Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Premium
- 7.2.2. Mass
- 7.3. Market Analysis, Insights and Forecast – By Category
- 7.3.1. Cigars
- 7.3.2. Cigarillos
- 7.4. Market Analysis, Insights and Forecast – By Flavor
- 7.4.1. Mint and Menthol
- 7.4.2. Fruits and Candy
- 7.5. Market Analysis, Insights and Forecast – By End-Use
- 7.5.1. Male
- 7.5.2. Female
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Cigars & Cigarillos Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Premium
- 8.2.2. Mass
- 8.3. Market Analysis, Insights and Forecast – By Category
- 8.3.1. Cigars
- 8.3.2. Cigarillos
- 8.4. Market Analysis, Insights and Forecast – By Flavor
- 8.4.1. Mint and Menthol
- 8.4.2. Fruits and Candy
- 8.5. Market Analysis, Insights and Forecast – By End-Use
- 8.5.1. Male
- 8.5.2. Female
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Cigars & Cigarillos Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Premium
- 9.2.2. Mass
- 9.3. Market Analysis, Insights and Forecast – By Category
- 9.3.1. Cigars
- 9.3.2. Cigarillos
- 9.4. Market Analysis, Insights and Forecast – By Flavor
- 9.4.1. Mint and Menthol
- 9.4.2. Fruits and Candy
- 9.5. Market Analysis, Insights and Forecast – By End-Use
- 9.5.1. Male
- 9.5.2. Female
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. British American Tobacco
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Tobacco Group A/S
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
