Industry: Consumer Goods
Published Date: 2024-09-22
Pages: 104 Pages
Report ld: 3326393
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Cigar Market Size(US$)

CAGR 2024-2030
2.5%
Market Size,2030
USD 21,500
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
A cigar is a tobacco product made from dried, fermented tobacco leaves, carefully rolled into a cylindrical form designed for smoking. Unlike cigarettes, which are smaller and contain a blend of tobacco and paper, cigars are composed entirely of tobacco leaves and are typically larger in size, offering a more prolonged smoking experience. The process of cigar production is intricate, involving aging and fermenting the tobacco to develop rich, complex flavors. This artisanal production often makes cigars synonymous with luxury and sophistication. Cigars come in various sizes, shapes, and flavors, catering to a broad spectrum of consumer preferences, from casual smokers to connoisseurs who appreciate the refined qualities of premium, hand-rolled cigars.
The global market for Cigar was estimated to be worth US$ 18130 million in 2023 and is forecast to a readjusted size of US$ 21500 million by 2030 with a CAGR of 2.5% during the forecast period 2024-2030.
Current Market Dynamics
The global cigar market is highly concentrated, with a few major companies dominating the industry. Key players such as Imperial Tobacco Group, Swisher International, and Scandinavian Tobacco Group hold over 35% of the global market share, reflecting the dominance of large corporations in this sector. The United States is the largest market for cigars, capturing over 45% of global consumption. This is largely driven by cultural factors, where cigars are often associated with celebrations, social gatherings, and a symbol of status. Western Europe and the Asia-Pacific region follow closely as significant markets, each holding a notable share of around 45%, highlighting the global appeal of cigars.
In terms of production, the cigar industry is predominantly made up of machine-made cigars, which account for nearly 95% of total output. Machine-made cigars are produced on a large scale, making them more accessible and affordable to a wider audience. However, hand-rolled premium cigars, though smaller in volume, cater to the high-end segment of the market and are highly prized for their craftsmanship and superior quality. The most significant consumer base for cigars remains male smokers, though female smokers are emerging as a growing demographic, signaling a shift in market dynamics.
Trends and Future Outlook
Several key trends are shaping the cigar industry today. One notable trend is the increasing demand for premium and flavored cigars, particularly among younger and more affluent consumers. Flavored cigars, offering tastes such as vanilla, cherry, or whiskey, are gaining popularity as they provide a more diverse and enjoyable smoking experience. Additionally, the rise of premium cigars reflects a growing appreciation for high-quality, artisanal products, often linked with luxury and leisure.
Another important trend is the regulatory pressure facing the tobacco industry. As health awareness increases globally, many countries are implementing stricter regulations on tobacco products, including cigars. This has prompted manufacturers to innovate, with some developing smaller cigars or cigars with lower tar and nicotine content to appeal to health-conscious consumers. Moreover, the growing awareness of the environmental impact of tobacco farming and production has led to more sustainable practices within the industry, such as eco-friendly packaging and organic tobacco cultivation.
In the face of these changes, the cigar industry continues to adapt, with major companies investing in new product lines, expanding into emerging markets, and catering to evolving consumer tastes. As the market grows, particularly in regions like Asia-Pacific, where increasing affluence is driving demand, the future of cigars remains robust. With both traditional and modern offerings, the global cigar market is positioned to evolve while maintaining its enduring appeal as a symbol of refinement and luxury.
This report aims to provide a comprehensive presentation of the global market for Cigar, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Cigar by region & country, by Type, and by Consumers.
The Cigar market size, estimations, and forecasts are provided in terms of sales volume (M Sticks) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cigar.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Cigar manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Consumers, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Cigar in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Cigar in country level. It provides sigmate data by Type, and by Consumers for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Market Overview
1.1 Cigar Product Introduction
1.2 Global Cigar Market Size Forecast
1.2.1 Global Cigar Sales Value (2019-2030)
1.2.2 Global Cigar Sales Volume (2019-2030)
1.2.3 Global Cigar Sales Price (2019-2030)
1.3 Cigar Market Trends & Drivers
1.3.1 Cigar Industry Trends
1.3.2 Cigar Market Drivers & Opportunity
1.3.3 Cigar Market Challenges
1.3.4 Cigar Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Cigar Players Revenue Ranking (2023)
2.2 Global Cigar Revenue by Company (2019-2024)
2.3 Global Cigar Players Sales Volume Ranking (2023)
2.4 Global Cigar Sales Volume by Company Players (2019-2024)
2.5 Global Cigar Average Price by Company (2019-2024)
2.6 Key Manufacturers Cigar Manufacturing Base and Headquarters
2.7 Key Manufacturers Cigar Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Cigar
2.9 Cigar Market Competitive Analysis
2.9.1 Cigar Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Cigar Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cigar as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Machine-made Cigars
3.1.2 Handmade Cigars
3.2 Global Cigar Sales Value by Type
3.2.1 Global Cigar Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Cigar Sales Value, by Type (2019-2030)
3.2.3 Global Cigar Sales Value, by Type (%) (2019-2030)
3.3 Global Cigar Sales Volume by Type
3.3.1 Global Cigar Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Cigar Sales Volume, by Type (2019-2030)
3.3.3 Global Cigar Sales Volume, by Type (%) (2019-2030)
3.4 Global Cigar Average Price by Type (2019-2030)
4 Segmentation by Consumers
4.1 Introduction by Consumers
4.1.1 Male Smokers
4.1.2 Female Smokers
4.2 Global Cigar Sales Value by Consumers
4.2.1 Global Cigar Sales Value by Consumers (2019 VS 2023 VS 2030)
4.2.2 Global Cigar Sales Value, by Consumers (2019-2030)
4.2.3 Global Cigar Sales Value, by Consumers (%) (2019-2030)
4.3 Global Cigar Sales Volume by Consumers
4.3.1 Global Cigar Sales Volume by Consumers (2019 VS 2023 VS 2030)
4.3.2 Global Cigar Sales Volume, by Consumers (2019-2030)
4.3.3 Global Cigar Sales Volume, by Consumers (%) (2019-2030)
4.4 Global Cigar Average Price by Consumers (2019-2030)
5 Segmentation by Region
5.1 Global Cigar Sales Value by Region
5.1.1 Global Cigar Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Cigar Sales Value by Region (2019-2024)
5.1.3 Global Cigar Sales Value by Region (2025-2030)
5.1.4 Global Cigar Sales Value by Region (%), (2019-2030)
5.2 Global Cigar Sales Volume by Region
5.2.1 Global Cigar Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Cigar Sales Volume by Region (2019-2024)
5.2.3 Global Cigar Sales Volume by Region (2025-2030)
5.2.4 Global Cigar Sales Volume by Region (%), (2019-2030)
5.3 Global Cigar Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Cigar Sales Value, 2019-2030
5.4.2 North America Cigar Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Cigar Sales Value, 2019-2030
5.5.2 Europe Cigar Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Cigar Sales Value, 2019-2030
5.6.2 Asia Pacific Cigar Sales Value by Region (%), 2023 VS 2030
5.7 South America
5.7.1 South America Cigar Sales Value, 2019-2030
5.7.2 South America Cigar Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Cigar Sales Value, 2019-2030
5.8.2 Middle East & Africa Cigar Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Cigar Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Cigar Sales Value
6.2.1 Key Countries/Regions Cigar Sales Value, 2019-2030
6.2.2 Key Countries/Regions Cigar Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Cigar Sales Value, 2019-2030
6.3.2 United States Cigar Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Cigar Sales Value by Consumers, 2023 VS 2030
6.4 Europe
6.4.1 Europe Cigar Sales Value, 2019-2030
6.4.2 Europe Cigar Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Cigar Sales Value by Consumers, 2023 VS 2030
6.5 China
6.5.1 China Cigar Sales Value, 2019-2030
6.5.2 China Cigar Sales Value by Type (%), 2023 VS 2030
6.5.3 China Cigar Sales Value by Consumers, 2023 VS 2030
6.6 Japan
6.6.1 Japan Cigar Sales Value, 2019-2030
6.6.2 Japan Cigar Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Cigar Sales Value by Consumers, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Cigar Sales Value, 2019-2030
6.7.2 South Korea Cigar Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Cigar Sales Value by Consumers, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Cigar Sales Value, 2019-2030
6.8.2 Southeast Asia Cigar Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Cigar Sales Value by Consumers, 2023 VS 2030
6.9 India
6.9.1 India Cigar Sales Value, 2019-2030
6.9.2 India Cigar Sales Value by Type (%), 2023 VS 2030
6.9.3 India Cigar Sales Value by Consumers, 2023 VS 2030
7 Company Profiles
7.1 Imperial Tobacco Group
7.1.1 Imperial Tobacco Group Company Information
7.1.2 Imperial Tobacco Group Introduction and Business Overview
7.1.3 Imperial Tobacco Group Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.1.4 Imperial Tobacco Group Cigar Product Offerings
7.1.5 Imperial Tobacco Group Recent Development
7.2 Swedish Match
7.2.1 Swedish Match Company Information
7.2.2 Swedish Match Introduction and Business Overview
7.2.3 Swedish Match Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.2.4 Swedish Match Cigar Product Offerings
7.2.5 Swedish Match Recent Development
7.3 Swisher International
7.3.1 Swisher International Company Information
7.3.2 Swisher International Introduction and Business Overview
7.3.3 Swisher International Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.3.4 Swisher International Cigar Product Offerings
7.3.5 Swisher International Recent Development
7.4 Scandinavian Tobacco Group
7.4.1 Scandinavian Tobacco Group Company Information
7.4.2 Scandinavian Tobacco Group Introduction and Business Overview
7.4.3 Scandinavian Tobacco Group Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.4.4 Scandinavian Tobacco Group Cigar Product Offerings
7.4.5 Scandinavian Tobacco Group Recent Development
7.5 Altria Group
7.5.1 Altria Group Company Information
7.5.2 Altria Group Introduction and Business Overview
7.5.3 Altria Group Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.5.4 Altria Group Cigar Product Offerings
7.5.5 Altria Group Recent Development
7.6 Habanos
7.6.1 Habanos Company Information
7.6.2 Habanos Introduction and Business Overview
7.6.3 Habanos Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.6.4 Habanos Cigar Product Offerings
7.6.5 Habanos Recent Development
7.7 J. Cortès cigars
7.7.1 J. Cortès cigars Company Information
7.7.2 J. Cortès cigars Introduction and Business Overview
7.7.3 J. Cortès cigars Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.7.4 J. Cortès cigars Cigar Product Offerings
7.7.5 J. Cortès cigars Recent Development
7.8 Oettinger Davidoff
7.8.1 Oettinger Davidoff Company Information
7.8.2 Oettinger Davidoff Introduction and Business Overview
7.8.3 Oettinger Davidoff Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.8.4 Oettinger Davidoff Cigar Product Offerings
7.8.5 Oettinger Davidoff Recent Development
7.9 Plasencia Cigars
7.9.1 Plasencia Cigars Company Information
7.9.2 Plasencia Cigars Introduction and Business Overview
7.9.3 Plasencia Cigars Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.9.4 Plasencia Cigars Cigar Product Offerings
7.9.5 Plasencia Cigars Recent Development
7.10 China Tobacco
7.10.1 China Tobacco Company Information
7.10.2 China Tobacco Introduction and Business Overview
7.10.3 China Tobacco Cigar Sales, Revenue, Price and Gross Margin (2019-2024)
7.10.4 China Tobacco Cigar Product Offerings
7.10.5 China Tobacco Recent Development
8 Industry Chain Analysis
8.1 Cigar Industrial Chain
8.2 Cigar Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Cigar Sales Model
8.5.2 Sales Channel
8.5.3 Cigar Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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