Cigar & Cigarillos Market Size, Share & Trends Analysis Report By Product (Mass Cigar, Premium Cigar), By Flavor (Tobacco/No Flavor, Flavored), By Region, And Segment Forecasts, 2019 - 2025

Published: Apr, 2019 | Pages: 100 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global cigar and cigarillos market size is expected to reach USD 21.02 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 3.1% during the forecast period. Implementation of heavy taxes and increasing price of conventional cigarettes drive the product demand. Increasing number of consumers prefer cigars as they have better reputation and lower price, which is projected to positively influence growth.

The mass segment held major market share of global market owing to the growing popularity of cigars and cigarillos among the young consumers. Moreover, growing number of female consumers in the developed countries is expected to fuel the demand for mass products over the forecast period. However, the premium segment is expected to expand at the highest CAGR over the next seven years. Presence of luxury hotels and bars with cigar lounges, in developed countries, such U.S., U.K., and China have made comeback, thus, the consumption has increased drastically.

The flavored product segment is expected to expand at a CAGR of 3.2% over the forecast period. Many new consumers prefer flavored cigars as the taste is perceived to be better than the natural tobacco flavored products. Moreover, many consumers are migrating from other tobacco products including conventional cigarette to cigar and cigarillos. In addition, many companies have launched various flavored product to attract consumers, fueling the demand.

North America was the largest consumer in the cigar and cigarillos market in 2018. Growing demand for premium products in U.S. has helped the region gain major share. U.S. was the largest consumer in the world, accounting for more than 55% share of overall market. Followed by U.S., Germany and China are the largest markets. Growing number of young billionaires coupled with rising number of cigar lounges are the key factors driving the growth in China.

Further key findings from the report suggest:

• In terms of revenue, the premium product segment is projected to ascend at a CAGR of 3.3% over the forecast years

• The mass product segment led the global market with an overall revenue share of over 82.3% in 2018

• Flavored segment was valued at USD 4.93 billion in 2018, is projected to exhibit a high CAGR in the next few years

• North America led the global cigar and cigarillos market in 2018, with 57.0% of revenue share and is projected to continue leading over the forecast period

• Growing number of young consumers including men and women is further expected to propel the growth

• The market is highly competitive in nature. Major companies include Altria Group, Inc.; Habanos S.A.; Scandinavian Tobacco Group A/S; Gurkha Cigars; Swisher International, Inc.; Agio Cigars; Swedish Match AB; OETTINGER DAVIDOFF AG; Drew Estate; and Trendsettah USA, Inc.

• Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to cater to the existing and future demand patterns from upcoming product segments.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Research Methodology
                  1.2. Research Scope & Assumptions
                  1.3. List of Data Sources

Chapter 2. Executive Summary
                  2.1. Market Snapshot

Chapter 3. Cigar & Cigarillos Market Variables, Trends & Scope
                  3.1. Market Segmentation & Scope
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Value Chain Analysis
                  3.4. Raw Material Outlook
                  3.5. Regulatory Framework
                  3.6. Market Dynamics
                      3.6.1. Market Driver Analysis
                      3.6.2. Market Restraint Analysis
                  3.7. Industry Analysis - Porter's
                  3.8. PESTEL Analysis

Chapter 4. Cigar & Cigarillos Market: Product Estimates & Trend Analysis
                  4.1. Product Movement Analysis & Market Share, 2018 & 2025
                  4.2. Mass Cigar
                      4.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      4.2.2. Market estimates and forecast, by region, 2015 - 2025 (USD Million)
                  4.3. Premium Cigar
                      4.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      4.3.2. Market estimates and forecast, by region, 2015 - 2025 (USD Million)

Chapter 5. Cigar & Cigarillos Market: Flavor Estimates & Trend Analysis
                  5.1. Flavor Movement Analysis & Market Share, 2018 & 2025
                  5.2. Tobacco / No Flavor
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      5.2.2. Market estimates and forecast, by region, 2015 - 2025 (USD Million)
                  5.3. Flavored
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      5.3.2. Market estimates and forecast, by region, 2015 - 2025 (USD Million)

Chapter 6. Cigar & Cigarillos Market: Regional Estimates & Trend Analysis
                  6.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  6.2. North America
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      6.2.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                      6.2.4. U.S.
                          6.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          6.2.4.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                  6.3. Europe
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      6.3.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                      6.3.4. Germany
                          6.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          6.3.4.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                      6.3.5. U.K.
                          6.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          6.3.5.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                      6.3.6. Spain
                          6.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          6.3.6.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                      6.3.7. France
                          6.3.7.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.3.7.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          6.3.7.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                  6.4. Asia Pacific
                      6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      6.4.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                      6.4.4. China 
                          6.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          6.4.4.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                      6.4.5. Australia
                          6.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          6.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          6.4.5.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                  6.5. Central & South America
                      6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      6.5.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)
                  6.6. Middle East & Africa (MEA)
                      6.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      6.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      6.6.3. Market estimates and forecast, by flavor, 2015 - 2025 (USD Million)

Chapter 7. Competitive Landscape
                  7.1. Company Market Share Analysis
                  7.2. Vendor Landscape
                  7.3. Competitive Environment
                  7.4. Company Market Positioning
                  7.5. Strategy Framework

Chapter 8. Company Profiles
                  8.1. Altria Group, Inc.
                      8.1.1. Company Overview
                      8.1.2. Financial Performance
                      8.1.3. Product Benchmarking
                      8.1.4. Strategic Initiatives
                  8.2. Habanos S.A.
                      8.2.1. Company Overview
                      8.2.2. Financial Performance
                      8.2.3. Product Benchmarking
                      8.2.4. Strategic Initiatives
                  8.3. Scandinavian Tobacco Group A/S
                      8.3.1. Company Overview
                      8.3.2. Financial Performance
                      8.3.3. Product Benchmarking
                      8.3.4. Strategic Initiatives
                  8.4. Gurkha Cigars
                      8.4.1. Company Overview
                      8.4.2. Financial Performance
                      8.4.3. Product Benchmarking
                      8.4.4. Strategic Initiatives
                  8.5. Swisher International, Inc.
                      8.5.1. Company Overview
                      8.5.2. Financial Performance
                      8.5.3. Product Benchmarking
                      8.5.4. Strategic Initiatives
                  8.6. Agio Cigars.
                      8.6.1. Company Overview
                      8.6.2. Financial Performance
                      8.6.3. Product Benchmarking
                      8.6.4. Strategic Initiatives
                  8.7. Swedish Match AB
                      8.7.1. Company Overview
                      8.7.2. Financial Performance
                      8.7.3. Product Benchmarking
                      8.7.4. Strategic Initiatives
                  8.8. OETTINGER DAVIDOFF AG
                      8.8.1. Company Overview
                      8.8.2. Financial Performance
                      8.8.3. Product Benchmarking
                      8.8.4. Strategic Initiatives
                  8.9. Drew Estate
                      8.9.1. Company Overview
                      8.9.2. Financial Performance
                      8.9.3. Product Benchmarking
                      8.9.4. Strategic Initiatives
                  8.10. Trendsettah USA, Inc.
                      8.10.1. Company Overview
                      8.10.2. Financial Performance
                      8.10.3. Product Benchmarking
                      8.10.4. Strategic Initiatives

List of Tables

1. Cigar & Cigarillos - Key market driver analysis
2. Cigar & Cigarillos - Key market restraint analysis
3. Global mass cigar market estimates and forecast, 2015 - 2025 (USD Million)
4. Global mass cigar market revenue estimates and forecast by region, 2015 - 2025 (USD Million)
5. Global premium cigar market estimates and forecast, 2015 - 2025 (USD Million)
6. Global premium cigar market revenue estimates and forecast by region, 2015 - 2025 (USD Million)
7. Global tobacco / no flavor market estimates and forecast, 2015 - 2025 (USD Million)
8. Global tobacco / no flavor market revenue estimates and forecast by region, 2015 - 2025 (USD Million)
9. Global flavored market estimates and forecast, 2015 - 2025 (USD Million)
10. Global flavored market revenue estimates and forecast by region, 2015 - 2025 (USD Million)
11. North America food container market estimates and forecast, 2015 - 2025 (USD Million)
12. North America food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
13. North America food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
14. U.S. food container market estimates and forecast, 2015 - 2025 (USD Million)
15. U.S. food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
16. U.S. food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
17. Europe food container market estimates and forecast, 2015 - 2025 (USD Million)
18. Europe food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
19. Europe food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
20. Germany food container market estimates and forecast, 2015 - 2025 (USD Million)
21. Germany food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
22. Germany food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
23. U.K. food container market estimates and forecast, 2015 - 2025 (USD Million)
24. U.K. food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
25. U.K. food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
26. Spain food container market estimates and forecast, 2015 - 2025 (USD Million)
27. Spain food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
28. Spain food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
29. France food container market estimates and forecast, 2015 - 2025 (USD Million)
30. France food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
31. France food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
32. Asia Pacific food container market estimates and forecast, 2015 - 2025 (USD Million)
33. Asia Pacific food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
34. Asia Pacific food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
35. China food container market estimates and forecast, 2015 - 2025 (USD Million)
36. China food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
37. China food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
38. Australia food container market estimates and forecast, 2015 - 2025 (USD Million)
39. Australia food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
40. Australia food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
41. Central & South America food container market estimates and forecast, 2015 - 2025 (USD Million)
42. Central & South America food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
43. Central & South America food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
44. MEA food container market estimates and forecast, 2015 - 2025 (USD Million)
45. MEA food container market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
46. MEA food container market revenue estimates and forecast by flavor, 2015 - 2025 (USD Million)
47. Vendor landscape

List of Figures

1. Cigar & Cigarillos market snapshot 
2. Cigar & Cigarillos market segmentation & scope
3. Cigar & Cigarillos market penetration & growth prospect mapping
4. Cigar & Cigarillos value chain analysis
5. Cigar & Cigarillos market dynamics
6. Cigar & Cigarillos market Porter's analysis 
7. Cigar & Cigarillos market PESTEL analysis
8. Cigar & Cigarillos market: Product movement analysis 
9. Cigar & Cigarillos market: Application movement analysis 
10. Cigar & Cigarillos market: Regional movement analysis