Global Cigar Market Insights, Forecast to 2025

Cigar, a tobacco product made from dried and fermented tobacco. it is a rolled bundle of dried and fermented tobacco leaves made to be smoked. They are produced in a wide variety of sizes and shapes.
The unique charm of long-term accumulation of cigars. Different from cigarettes and other traditional tobacco products, cigars are unique in composition and processing of tobacco leaves. They are characterized by their status, quality of life, and personality; they cultivate loyal consumer groups; The method, smoking environment and storage conditions require a unique consumer culture. Cigars completely maintain the original composition and characteristics of tobacco, as long as they can maintain and constantly demonstrate its unique charm, stable development is possible.
Many people think that cigars are safer than cigarettes. The 2014 General Medical Officer Health Report, summarizing the results of the 50-year study on tobacco harm, admitted that the relative risk of smoking cigars was lower than smoking cigarettes, mainly due to the low frequency of smoking cigars. And smoke does not inhale into the lungs.
The purchasing power of consumers' cigars continues to increase. Cigar production requires more investment than ordinary cigarettes. Therefore, the price of cigars is relatively high. Especially for hand-made big cigars, it has always been regarded as a luxury and away from ordinary consumers. However, as people's income levels continue to increase, especially the middle class in some emerging economies, the population of the Asia-Pacific region will become a continuous growth point of cigar consumption.
Cigar products continue to innovate. In recent years, product innovation has become an important factor in the growth of the cigar market, such as the rapid rise of the mechanism cigar. Such cigars are cheap and pleasing to meet the smoking needs of ordinary consumers. With the introduction of modern technology, continuous improvement of old products and continuous introduction of new products, the cigar market is full of vitality.
In the last, the unfavorable factors in the development of cigars are mainly the effects of controlled tobacco policies. The first is smoking in public places. Because cigars require a higher consumption environment than cigarettes, especially large cigars are mostly consumed in independent and comfortable private spaces. If you freely expand the definition of public places, you must even smoke as long as it is a closed space. Seriously affect the consumption of cigars.
The global Cigar market is valued at 16000 million US$ in 2018 and will reach 19400 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Cigar market based on company, product type, end user and key regions.

This report studies the global market size of Cigar in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Cigar in these regions.
This research report categorizes the global Cigar market by top players/brands, region, type and end user. This report also studies the global Cigar market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Imperial Tobacco Group
Swedish Match
Swisher International
Scandinavian Tobacco Group
Altria Group
Habanos
Agio Cigars
J. Cortès cigars
China Tobacco
Burger Group

Market size by Product
Machine-made Cigars
Handmade Cigars
Market size by End User
Male Smokers
Female Smokers

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Cigar market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Cigar market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Cigar companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Cigar submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Cigar are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (M Sticks). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cigar market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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