Industry Overview
Global Luxury Cigar Market Size, Forecast, Segment Analysis, By Type Hand-rolled, Machine-made, Cigarillos, Premium By Application Retail, Hospitality, Tourism, Luxury Goods, Collectibles, By Region North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA (2023 to 2031)Luxury or premium cigars are made entirely by hand with long leaf tobaccos, although some mixed filler with long and short leaf handmade cigars are also consider as premium cigars. This is also why many premium cigars cost more. These cigars are often quite 7 inches long, and typically contain between 5 and 20 grams of tobacco. Some premium cigars contain the tobacco equivalent of a whole pack of cigarettes, and may take between 1 and a couple of hours to smoke. Globally, the smoking has declined, but one niche segment of the cigarette market is flourishing. Sales of premium cigars are growing at between 4-5 percent a year, with a typical smoker getting younger by the day. Premium cigars in emerging markets like China, Russia and therefore the Middle East is growing fast, and virtually all markets outside of Europe are growing. In China, luxury cigars have the excellence of maintaining a high growth stream.
Luxury Cigar Market Size in (USD Billion) CAGR Growth Rate 10%
| Study Period | 2019-2031 |
| Market Size (2023): | 1.5Billion |
| Market Size (2031): | 3.5Billion |
| CAGR (2023 - 2031): | 10% |
| Fastest Growing Region | Europe |
| Dominating Region | North America |
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The research study Luxury Cigar Market provides readers with details on strategic planning and tactical business decisions that influence and stabilize growth prognosis in Luxury Cigar Market. A few disruptive trends, however, will have opposing and strong influences on the development of the Global Biometric Lockers market and the distribution across players. To provide further guidance on why specific trends in Luxury Cigar market would have a high impact and precisely why these trends can be factored into the market trajectory and the strategic planning of industry players.
Luxury Cigar Market Dynamics Highlighted
Market DriverThe Luxury Cigar Market is experiencing significant growth due to various factors.
- Symbol Of Luxuries Life
Market Trend
The Luxury Cigar Market is growing rapidly due to various factors.
- Luxury
- Craftsmanship
Opportunity
The Luxury Cigar has several opportunities, particularly in developing countries where industrialization is growing.
- Attraction Towards Of Western Life Style
Challenge
The market for fluid power systems faces several obstacles despite its promising growth possibilities.
- Health Concerns
- Legal Restrictions
Luxury Cigar Market Segment Highlighted
Segmentation by Type
- Hand-rolled
- Machine-made
- Cigarillos
- Premium
Luxury Cigar Market Segmentation by Type
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Segmentation by Application
- Retail
- Hospitality
- Tourism
- Luxury Goods
- Collectibles
Luxury Cigar Market Segmentation by Application
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Key Players
Several key players in the Luxury Cigar market is strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 8%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.- Alec Bradley Cigar Corp. (United States)
- J.C. Newman (United States)
- Ashton Estate Sun Grown (United States)
- Padrón Cigars (United States)
- General Cigar (United States)
- J. Cortès cigars (Belgium)
- Scandinavian Tobacco Group (Denmark)
- Swedish Match (Sweden)
- Agio Cigars (Netherlands)
- Swisher International (United States)
- Habanos (Republic of Cuba)
- Altria Group (United States)
- China Tobacco (China)
Luxury Cigar Market Segmentation by Players
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Key Highlights
• The Luxury Cigar is growing at a CAGR of 10% during the forecasted period of 2023 to {FORECAT_YEAR}• Year on Year growth for the market is 8%
• North America dominated the market share of 1.5Billion in 2023
• Based on type, the market is bifurcated into Hand-rolled, Machine-made, Cigarillos, Premium segment, which dominated the market share during the forecasted period
• Based on application, the market is segmented into Application Retail, Hospitality, Tourism, Luxury Goods, Collectibles is the fastest-growing segment
• Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Our Data Collection Process Based on Best Practice
Problem Definition: Clarify research objectives and client needs & identify key questions and market scope.Data Collection:
Primary Research: Conduct interviews, surveys, and focus groups.
Secondary Research: Analyzed industry reports, market publications, and financial records.
Data Analysis:
Quantitative Analysis: Use statistical tools to identify trends and quantify market size.
Qualitative Analysis: Interpret non-numerical data to understand market drivers and consumer behavior.
Market Segmentation:
Divide the market into distinct segments based on shared characteristics.
Validation and Triangulation:
Cross-verify findings from multiple sources to ensure accuracy and reliability.
Reporting and Recommendations:
Present insights and strategic recommendations in a tailored, actionable report.
Continuous Feedback Loop:
Engage with clients to refine research and ensure alignment with their goals.
Regional Insight
The Luxury Cigar varies widely by region, reflecting diverse economic conditions and consumer preferences. In North America, the focus is on convenience and premium products, driven by high disposable incomes and a strong e-commerce sector. Europe’s market is fragmented, with Western countries emphasizing luxury and organic goods, while Eastern Europe sees rapid growth. Asia-Pacific is a fast-growing region with high demand for high-tech and affordable products, driven by urbanization and rising middle-class incomes. Latin America prioritizes affordability amidst economic fluctuations, with Brazil and Mexico leading in market growth. In the Middle East and Africa, market trends are influenced by cultural preferences, with luxury goods prominent in the Gulf States and gradual growth in sub-Saharan Africa. Global trends like sustainability and digital transformation are impacting all regions.The North America dominant region currently dominates the market share, fueled by increasing consumption, population growth, and sustained economic progress which collectively enhance market demand. Conversely, the Europe is growing rapidly, driven by significant infrastructure investments, industrial expansion, and rising consumer demand.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Europe
Dominating Region
North America
The Top-Down and Bottom-Up Approaches
The top-down approach begins with a broad theory or hypothesis and breaks it down into specific components for testing. This structured, deductive process involves developing a theory, creating hypotheses, collecting and analyzing data, and drawing conclusions. It is particularly useful when there is substantial theoretical knowledge, but it can be rigid and may overlook new phenomena.
Conversely, the bottom-up approach starts with specific data or observations, from which broader generalizations and theories are developed. This inductive process involves collecting detailed data, analyzing it for patterns, developing hypotheses, formulating theories, and validating them with additional data. While this approach is flexible and encourages the discovery of new phenomena, it can be time-consuming and less structured.
Regulatory Framework
The healthcare sector is overseen by various regulatory bodies that ensure the safety, quality, and efficacy of health services and products. In the United States, the U.S. Department of Health and Human Services (HHS) plays a crucial role in protecting public health and providing essential human services. Within HHS, the Food and Drug Administration (FDA) regulates food, drugs, and medical devices, ensuring they meet safety and efficacy standards. The Centers for Disease Control and Prevention (CDC) focus on disease control and prevention, conducting research, and providing health information to protect public health.In the United Kingdom, the General Medical Council (GMC) regulates doctors, ensuring they adhere to professional standards. Other important bodies include the General Pharmaceutical Council (GPhC), which oversees pharmacists, and the Nursing and Midwifery Council (NMC), which regulates nurses and midwives. These organizations work to maintain high standards of care and protect patients.
Internationally, the European Medicines Agency (EMA) regulates medicines within the European Union, while the World Health Organization (WHO) provides global leadership on public health issues. Each of these regulatory bodies plays a vital role in ensuring that health care systems operate effectively and safely, ultimately safeguarding public health across different regions.
Report Infographics
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size (2023) | 1.5Billion |
| Historical Period | 2019 to 2023 |
| CAGR (2023 to 2031) | 10% |
| Forecast Period | 2025 to 2031 |
| Forecasted Period Market Size ( 2031) | 3.5Billion |
| Scope of the Report | Hand-rolled, Machine-made, Cigarillos, Premium, Retail, Hospitality, Tourism, Luxury Goods, Collectibles |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Companies Covered | Alec Bradley Cigar Corp. (United States), J.C. Newman (United States), Ashton Estate Sun Grown (United States), Padrón Cigars (United States), General Cigar (United States), J. Cortès cigars (Belgium), Scandinavian Tobacco Group (Denmark), Swedish Match (Sweden), Agio Cigars (Netherlands), Swisher International (United States), Habanos (Republic of Cuba), Altria Group (United States), China Tobacco (China) |
| Customization Scope | 15% Free Customization |
| Delivery Format | PDF and Excel through Email |
Luxury Cigar - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Luxury Cigar Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Luxury Cigar Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Luxury Cigar Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Symbol of Luxuries Life
-
3.2 Available Opportunities
- 3.2.1 Attraction towards of Western Life Style
-
3.3 Influencing Trends
- 3.3.1 Luxury
- 3.3.2 Craftsmanship
- 3.3.3 Premium Quality
-
3.4 Challenges
- 3.4.1 Health Concerns
- 3.4.2 Legal Restrictions
- 3.4.3 Market Saturation
- 3.5 Regional Dynamics
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Chapter 4 : Global Luxury Cigar Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Luxury Cigar Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
Chapter 5: Luxury Cigar : Competition Benchmarking & Performance Evaluation
- 5.1 Global Luxury Cigar Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Luxury Cigar Revenue 2023
- 5.3 Global Luxury Cigar Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 FPNV Positioning Matrix
- 5.6 Heat Map Analysis
Chapter 6: Global Luxury Cigar Market: Company Profiles
- 6.1 Alec Bradley Cigar Corp. (United States)
- 6.1.1 Alec Bradley Cigar Corp. (United States) Company Overview
- 6.1.2 Alec Bradley Cigar Corp. (United States) Product/Service Portfolio & Specifications
- 6.1.3 Alec Bradley Cigar Corp. (United States) Key Financial Metrics
- 6.1.4 Alec Bradley Cigar Corp. (United States) SWOT Analysis
- 6.1.5 Alec Bradley Cigar Corp. (United States) Development Activities
- 6.2 J.C. Newman (United States)
- 6.3 Ashton Estate Sun Grown (United States)
- 6.4 Padrón Cigars (United States)
- 6.5 General Cigar (United States)
- 6.6 J. Cortès Cigars (Belgium)
- 6.7 Scandinavian Tobacco Group (Denmark)
- 6.8 Swedish Match (Sweden)
- 6.9 Agio Cigars (Netherlands)
- 6.10 Swisher International (United States)
- 6.11 Habanos (Republic Of Cuba)
- 6.12 Altria Group (United States)
- 6.13 China Tobacco (China)
- 6.14 Davidoff (Switzerland)
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Sectional Purchase
Chapter 7 : Global Luxury Cigar by Type & Application (2019-2031)
-
7.1 Global Luxury Cigar Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Hand-rolled
- 7.1.2 Machine-made
- 7.1.3 Cigarillos
- 7.1.4 Premium
- 7.1.5 Rare
-
7.2 Global Luxury Cigar Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Retail
- 7.2.2 Hospitality
- 7.2.3 Tourism
- 7.2.4 Luxury Goods
- 7.2.5 Collectibles
- 7.3 Global Luxury Cigar Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Luxury Cigar Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Luxury Cigar Market Breakdown by Country, Type & Application
- 8.1 North America Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Hand-rolled
- 8.2.2 Machine-made
- 8.2.3 Cigarillos
- 8.2.4 Premium
- 8.2.5 Rare
-
8.3 North America Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Retail
- 8.3.2 Hospitality
- 8.3.3 Tourism
- 8.3.4 Luxury Goods
- 8.3.5 Collectibles
- 8.4 North America Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Sectional Purchase
Chapter 9 : LATAM Luxury Cigar Market Breakdown by Country, Type & Application
- 9.1 LATAM Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Hand-rolled
- 9.2.2 Machine-made
- 9.2.3 Cigarillos
- 9.2.4 Premium
- 9.2.5 Rare
-
9.3 LATAM Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Retail
- 9.3.2 Hospitality
- 9.3.3 Tourism
- 9.3.4 Luxury Goods
- 9.3.5 Collectibles
- 9.4 LATAM Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Luxury Cigar Market Breakdown by Country, Type & Application
- 10.1 West Europe Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Hand-rolled
- 10.2.2 Machine-made
- 10.2.3 Cigarillos
- 10.2.4 Premium
- 10.2.5 Rare
-
10.3 West Europe Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Retail
- 10.3.2 Hospitality
- 10.3.3 Tourism
- 10.3.4 Luxury Goods
- 10.3.5 Collectibles
- 10.4 West Europe Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Luxury Cigar Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Hand-rolled
- 11.2.2 Machine-made
- 11.2.3 Cigarillos
- 11.2.4 Premium
- 11.2.5 Rare
-
11.3 Central & Eastern Europe Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Retail
- 11.3.2 Hospitality
- 11.3.3 Tourism
- 11.3.4 Luxury Goods
- 11.3.5 Collectibles
- 11.4 Central & Eastern Europe Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Luxury Cigar Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Hand-rolled
- 12.2.2 Machine-made
- 12.2.3 Cigarillos
- 12.2.4 Premium
- 12.2.5 Rare
-
12.3 Northern Europe Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Retail
- 12.3.2 Hospitality
- 12.3.3 Tourism
- 12.3.4 Luxury Goods
- 12.3.5 Collectibles
- 12.4 Northern Europe Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Luxury Cigar Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Hand-rolled
- 13.2.2 Machine-made
- 13.2.3 Cigarillos
- 13.2.4 Premium
- 13.2.5 Rare
-
13.3 Southern Europe Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Retail
- 13.3.2 Hospitality
- 13.3.3 Tourism
- 13.3.4 Luxury Goods
- 13.3.5 Collectibles
- 13.4 Southern Europe Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Luxury Cigar Market Breakdown by Country, Type & Application
- 14.1 East Asia Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Hand-rolled
- 14.2.2 Machine-made
- 14.2.3 Cigarillos
- 14.2.4 Premium
- 14.2.5 Rare
-
14.3 East Asia Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Retail
- 14.3.2 Hospitality
- 14.3.3 Tourism
- 14.3.4 Luxury Goods
- 14.3.5 Collectibles
- 14.4 East Asia Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Luxury Cigar Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Hand-rolled
- 15.2.2 Machine-made
- 15.2.3 Cigarillos
- 15.2.4 Premium
- 15.2.5 Rare
-
15.3 Southeast Asia Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Retail
- 15.3.2 Hospitality
- 15.3.3 Tourism
- 15.3.4 Luxury Goods
- 15.3.5 Collectibles
- 15.4 Southeast Asia Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Luxury Cigar Market Breakdown by Country, Type & Application
- 16.1 South Asia Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Hand-rolled
- 16.2.2 Machine-made
- 16.2.3 Cigarillos
- 16.2.4 Premium
- 16.2.5 Rare
-
16.3 South Asia Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Retail
- 16.3.2 Hospitality
- 16.3.3 Tourism
- 16.3.4 Luxury Goods
- 16.3.5 Collectibles
- 16.4 South Asia Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Luxury Cigar Market Breakdown by Country, Type & Application
- 17.1 Central Asia Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Hand-rolled
- 17.2.2 Machine-made
- 17.2.3 Cigarillos
- 17.2.4 Premium
- 17.2.5 Rare
-
17.3 Central Asia Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Retail
- 17.3.2 Hospitality
- 17.3.3 Tourism
- 17.3.4 Luxury Goods
- 17.3.5 Collectibles
- 17.4 Central Asia Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Luxury Cigar Market Breakdown by Country, Type & Application
- 18.1 Oceania Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Hand-rolled
- 18.2.2 Machine-made
- 18.2.3 Cigarillos
- 18.2.4 Premium
- 18.2.5 Rare
-
18.3 Oceania Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Retail
- 18.3.2 Hospitality
- 18.3.3 Tourism
- 18.3.4 Luxury Goods
- 18.3.5 Collectibles
- 18.4 Oceania Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Luxury Cigar Market Breakdown by Country, Type & Application
- 19.1 MEA Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Hand-rolled
- 19.2.2 Machine-made
- 19.2.3 Cigarillos
- 19.2.4 Premium
- 19.2.5 Rare
-
19.3 MEA Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Retail
- 19.3.2 Hospitality
- 19.3.3 Tourism
- 19.3.4 Luxury Goods
- 19.3.5 Collectibles
- 19.4 MEA Luxury Cigar Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Luxury Cigar Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Luxury Cigar Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
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21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
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21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Luxury Cigar Market is growing at a steady pace over the last few years and is expected to grow at a CAGR of 10% from 2023 to 2031 to reach a market size of 10% 3.5Billion
The Luxury Cigar Market is growing at a CAGR of 10% over the forecasted period 2023 - 2031.
Some of the prominent trends that are influencing and driving the growth of Global Luxury Cigar Market are Luxury, Craftsmanship, Premium Quality
- Symbol Of Luxuries Life
- Growing Dependency On Nicotine Addiction
Some of the major challanges seen in Global Luxury Cigar Market are Health Concerns, Legal Restrictions, Market Saturation.
Some of the opportunities that Analyst at HTF MI have identified in Luxury Cigar Market are:
- Attraction Towards Of Western Life Style
Luxury Cigar Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as Alec Bradley Cigar Corp. (United States), J.C. Newman (United States), Ashton Estate Sun Grown (United States), Padrón Cigars (United States), General Cigar (United States), J. Cortès cigars (Belgium), Scandinavian Tobacco Group (Denmark), Swedish Match (Sweden), Agio Cigars (Netherlands), Swisher International (United States), Habanos (Republic of Cuba), Altria Group (United States), China Tobacco (China), Davidoff (Switzerland).
Research paper of Global Luxury Cigar Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Retail, Hospitality, Tourism, Luxury Goods, Collectibles.
The Global Luxury Cigar Market Study is segmented by Hand-rolled, Machine-made, Cigarillos, Premium, Rare.
The Global Luxury Cigar Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - Base year: 2023. Forecast period**: 2025 to 2031 [** unless otherwise stated]
Luxury or premium cigars are made entirely by hand with long leaf tobaccos, although some mixed filler with long and short leaf handmade cigars are also consider as premium cigars. This is also why many premium cigars cost more. These cigars are often quite 7 inches long, and typically contain between 5 and 20 grams of tobacco. Some premium cigars contain the tobacco equivalent of a whole pack of cigarettes, and may take between 1 and a couple of hours to smoke. Globally, the smoking has declined, but one niche segment of the cigarette market is flourishing. Sales of premium cigars are growing at between 4-5 percent a year, with a typical smoker getting younger by the day. Premium cigars in emerging markets like China, Russia and therefore the Middle East is growing fast, and virtually all markets outside of Europe are growing. In China, luxury cigars have the excellence of maintaining a high growth stream.
