Cigar & Cigarillos Market 2025 Industry Price
Trend, Size Estimation, Industry Outlook and
The global Cigar And Cigarillos Market is projected to reach USD 21.02 billion by 2025, according to a new
report by Million Insights. The market is expected to grow with a CAGR of 3.1% over the forecast period, 2019
to 2025. The rising number of luxury hotels offering premium cigar products coupled with the introduction of
cost-effective products is expected to drive market growth. Cigars are considered to have a better reputation
than cigarettes and available in different flavors.
The mass segment held the largest market share owing to its rising popularity among younger generations.
Additionally, a rise in the number of female consumers in developed countries is supplementing the demand
for mass products. However, the premium segment is expected to register the highest CAGR during forecast
years. The growing popularity of hand-rolled premium cigar and the introduction of innovative flavors are
driving the demand for this segment. The premium segment is widely consumed in matured markets such as
the United States, United Kingdom and China.
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The flavored product segment is projected to grow with a CAGR of 3.2% during the forecast period. The
popularity of flavored cigars is surging, as their tastes are better than the natural tobacco flavor. In addition,
consumers are changing their smoking preferences and a large number of them are shifting towards cigar and
cigarillos from conventional cigarettes and other tobacco products. Moreover, considering the increasing
Cigar & Cigarillos Market Report provides in-depth analysis of industry by production,
share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends,
Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key
Players, SWOT analysis and Forec