Mordor Intelligence has published a new report on the Cigar Market, offering a comprehensive analysis of trends, growth drivers, and future projections.
The global cigar market is undergoing a significant transformation, driven by evolving consumer preferences and lifestyle changes. According to Mordor Intelligence, the market is projected to grow from USD 59.36 billion in 2025 to USD 97.48 billion by 2030, reflecting a compound annual growth rate (CAGR) of 10.43% during this period.
This growth is attributed to the increasing demand for premium cigars, the emergence of cigar culture, and the expansion of specialized venues catering to cigar enthusiasts.
Key Trends
Emergence of Cigar Culture
The global cigar industry is experiencing significant transformation driven by evolving consumer preferences and lifestyle changes. The emergence of cigar culture has fostered the development of specialized venues and social experiences, with luxury establishments increasingly incorporating cigar offerings into their amenities.
Geographical Market Dynamics
North America remains a dominant force in the cigar market, with the United States holding approximately 96% share of the regional market. This leadership is supported by well-established tobacco distribution channels and a robust retail infrastructure, including both traditional brick-and-mortar stores and online platforms. In contrast, the Asia-Pacific region is emerging as the fastest-growing market, driven by increasing disposable incomes and changing consumer preferences, particularly in urban areas. China leads regional consumption, followed by Australia and Japan, with a growing appreciation for premium cigars and the establishment of specialty stores and lounges across major cities.
Report Overview: https://www.mordorintelligence.com/industry-reports/cigar-market
Market Segmentation
The cigar market is segmented based on product type, distribution channel, and geography.
By Product Type
- Conventional Cigars: These include mass-produced cigars that are widely available and cater to a broad consumer base.
- Premium Cigars: Handcrafted with high-quality tobacco, premium cigars are sought after by consumers seeking luxury smoking experiences.
By Distribution Channel
- Offline Retail Stores: Encompassing supermarkets, hypermarkets, convenience stores, specialty stores, and cigar lounges, this channel remains dominant due to product accessibility and consumer preference for in-person purchases.
- Online Retail Stores: This channel is experiencing rapid growth, driven by the convenience of home shopping, the ability to compare prices, and the availability of exclusive products.
By Geography
- North America: Led by the United States, this region boasts a mature market with a strong culture of cigar appreciation and a well-established retail infrastructure.
- Europe: Characterized by a rich tradition and sophisticated consumer base, countries like Germany, Spain, and Italy lead regional consumption.
- Asia-Pacific: A dynamic and rapidly evolving market, with China dominating regional consumption, followed by Australia and Japan.
- South America: Brazil leads the regional market, supported by its large population and increasing disposable income.
- Middle East & Africa: Demonstrates growing potential, particularly in premium segments, with South Africa leading regional consumption.
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Key Players
The global cigar market is competitive, with the strong presence of regional as well as global players. Well-established companies with international brands have a significant market share.
Major players in the market include Imperial Tobacco Group, Swisher International Group Inc., Altria Group Inc., Scandinavian Tobacco Group AS, and Phillip Morris International. These companies are focusing on product innovation, expanding their distribution networks, and strategic partnerships to strengthen their market position.
Conclusion
The global cigar market is on a robust growth trajectory, driven by rising premiumization and evolving consumer preferences. The emergence of cigar culture, the expansion of specialized venues, and the increasing demand for premium products are key factors propelling the market forward. As consumer tastes continue to evolve, the market is expected to witness further innovations and diversification, catering to a broadening base of cigar enthusiasts worldwide.
Industry Related Reports
Electronic Cigarette Market: The global electronic cigarette market is categorized based on product type, including e-cigarette devices and e-liquids. It is further segmented by category into open vaping systems and closed vaping systems, which include disposable devices. The market is also divided by distribution channels, encompassing both offline and online retail. Geographically, the market spans North America, Europe, and the rest of the world.
Middle East and Africa E-Cigarette Market: The Middle East and Africa e-cigarette market is segmented by product type into e-cigarette devices and e-liquid devices. It is further classified by distribution channel, including offline and online channels. Geographically, the market covers South Africa, Nigeria, Kenya, Egypt, the United Arab Emirates, and the rest of the Middle East and Africa.
Egyptian Tobacco Market: The Egyptian tobacco market is categorized based on product type, including cigarettes, cigars, cigarillos, cigar pipes, and e-cigarettes/HTPs. It is further segmented by end user into male and female consumers. The market is also divided by distribution channels, encompassing supermarkets/hypermarkets, convenience and small grocery stores, specialty tobacco stores, and other distribution channels.
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