(MENAFN- GlobeNewsWire - Nasdaq) [220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Cigar and Cigarillos Market size & share revenue was valued at approximately USD 55.36 Billion in 2024 and is expected to reach USD 59.88 Billion in 2025 and is expected to reach around USD 120.71 Billion by 2034, at a CAGR of 8.17% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Burger Holding AG, British American Tobacco, Gurkha Cigars, JT International SA, Imperial Brands plc (Habanos S.A.), Oettinger Davidoff AG, Scandinavian Tobacco Group A/S, Swedish Match AB, Philip Morris International Inc., Swisher International Inc and others.

Austin, TX, USA, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “ Cigar and Cigarillos Market Size, Trends and Insights By Product (Mass, Premium), By Flavor (Unflavored, Flavored), By Distribution Channel (Offline, Online), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034 ” in its research database.

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“According to the latest research study, the demand of the global Cigar and Cigarillos Market size & share was valued at approximately USD 55.36 Billion in 2024 and is expected to reach USD 59.88 Billion in 2025 and is expected to reach a value of around USD 120.71 Billion by 2034, at a compound annual growth rate (CAGR) of about 8.17% during the forecast period 2025 to 2034.”

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Overview

As per the industry experts at CMI, the global cigar and cigarillo market will witness a pretty decent CAGR between 2025 and 2034. This could be attributed to growing demand for premium tobacco products due to lifestyle trends and rising social acceptance, along with relaxed regulations in certain economies. Furthermore, the availability of extensive rail networks and e-Commerce platforms has strengthened the market reach. In November 2024, Crowned Heads did release the Moose Click, a novel exclusive for the market of Canada.

Key Trends and Drivers

• Relaxation of Regulations in Certain Economies to Spell Growth: Producers are gaining tremendous promotional opportunities followed by robust customer engagement due to markets where rules regarding flavored varieties, advertising, or smoking zones exist in the softened form. Along these lines, in August 2025, British Columbia let cannabis use on public patios where vaping and tobacco are allowed, thereby aligning the cannabis rules with the smoking regulations.

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• Growing Social Acceptance to Catalyze Growth: Rising social acceptance is emerging as one of the key drivers of the cigar and cigarillo market. The present-day scenario is such that consumption of cigars is increasingly integrated into celebrations, social occasions, and leisure activities. Expansion of cigar lounges, dedicated outdoor smoking areas, and curated tasting events are reinforcing the cultural shift mentioned above, thereby widening the consumer base and improving the relevance of the market in contemporary lifestyle settings.

Report Scope

Feature of the Report	Details
Market Size in 2025	USD 59.88 Billion
Projected Market Size in 2034	USD 120.71 Billion
Market Size in 2024	USD 55.36 Billion
CAGR Growth Rate	8.17% CAGR
Base Year	2024
Forecast Period	2025-2034
Key Segment	By Product, Flavor, Distribution Channel and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Cigar and Cigarillos report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

• The updated report for 2025 includes an introduction, an overview, and an in-depth industry analysis.
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• Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
• Includes Tables and figures have been updated.
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
• Custom Market Insights (CMI) research methodology

(Please note that the sample of the Cigar and Cigarillos report has been modified to include the COVID-19 impact study prior to delivery.)

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SWOT Analysis

• Strengths: Typically, people associate cigars with wealth, luxury, and success, which makes them appealing for special occasions. Also, there is a rising trend toward luxury, premium, and handcrafted cigars and cigarillos, which caters to consumers opting for high-class smoking experiences. The manufacturers are launching a broad range of flavors (vanilla, candy, and fruit) for attracting new consumers. Also, a rising consumer base, especially youth in Asia Pacific, is contributing to the strengths.

• Weaknesses: The growing public awareness and concern over health risks linked with tobacco products are likely to adversely affect the market. Also, certain economies are perceiving tobacco in the negative sense, which may hamper the revenue. This is the major weakness of the cigar and cigarillos market .

• Opportunities: Continual innovation in cigar types (figurado, parejo) and quality of product are likely to attract a broader spectrum of consumers. Increased luxury cigar lounges in restaurants and hotels do create unique environments for consumers to enjoy cigars. Leveraging the online platforms for marketing and sales could reach the new segment of consumers, especially the ones who are online junkies.

• Threats: Increase in the sternness of regulations and potential bans on smoking in public places could restrain consumption and access. Raised health consciousness quotient could result in a declination in demand for tobacco products. This phenomenon is one of the biggest threats to the market.

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Key questions answered in this report:

• What is the size of the Cigar and Cigarillos market, and what is its expected growth rate?
• What are the primary driving factors that push the Cigar and Cigarillos market forward?
• What are the Cigar and Cigarillos Industry's top companies?
• What are the different categories that the Cigar and Cigarillos Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Cigar and Cigarillos market sample report and company profiles?

Key Offerings:

• Market Share, Size & Forecast by Revenue | 2025−2034
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
• Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Perspective

The Cigar and cigarillos market is classified into North America, Europe, Asia Pacific, and LAMEA.

• North America

The U.S. holds over 80% of North America's cigar and cigarillo market revenue and the scenario is expected to persist even during the forecast period. This can be attributed to the U.S. experiencing stability in the regulatory environment for cigars and cigarillos. In other words, cigars and cigarillos are subject to less stringent restrictions in the U.S. As such, a combination of economic, cultural, and regulatory factors is driving the market.

• Asia Pacific

Asia Pacific accounts for over 48% of the market share due to the rise in demand for luxury and premium products, including cigars and cigarillos. The shift toward a rise in consumption is also driven by a desire for a more sophisticated lifestyle. Economies such as India and China are also experiencing a noticeable surge in disposable income, driving the cigar and cigarillo market in Asia Pacific. Furthermore, in Australia, females are preferring sweet tobacco flavors like Swisher Sweet and White Owl. Tatiana, Java, and Acid are also being tried out.

• Europe

Rising consumption of cigars and cigarillos in Russia, Sweden, and Poland is the factor basically driving the cigar and cigarillos market in Europe. Also, psychological factors such as dependency on tobacco, followed by societal perceptions of smoking being looked upon as an act to sound fashionable are raising the demand for cigars and cigarillos. Furthermore, the market is witnessing an increase in the number of female smokers in social gatherings.

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• LAMEA

Brazil is known as one of the biggest producers of tobacco worldwide. This could be credited to the state of Bahia being one amongst the first ones to cultivate tobacco at the global scale. Rise in disposable income amongst the population in UAE and Saudi Arabia basically drives the cigar and cigarillo market. Also, the development of affluent consumers' sections has driven the interest in luxury and premium tobacco products.

• Central America

Countries such as Nicaragua, the Dominican Republic, and Cuba have a rich tobacco heritage. The cultural difference, along with the growing population of the middle class, has resulted in an increased inclination toward cigars and cigarillos. Such products are usually associated with sophistication and status. Central America is a hub of the cigar and cigarillos market as far as exporting tobacco is concerned.

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List of the prominent players in the Cigar and Cigarillos Market :

• Burger Holding AG
• British American Tobacco
• Gurkha Cigars
• JT International SA
• Imperial Brands plc (Habanos S.A.)
• Oettinger Davidoff AG
• Scandinavian Tobacco Group A/S
• Swedish Match AB
• Philip Morris International Inc.
• Swisher International Inc.
• Others

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The Cigar and Cigarillos Market is segmented as follows:

By Product

• Mass
• Premium

By Flavor

• Unflavored
• Flavored

By Distribution Channel

• Offline
• Online

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Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East and Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

This Cigar and Cigarillos Market Research/Analysis Report Contains Answers to the following Questions .

• Which Trends Are Causing These Developments?
• Who Are the Global Key Players in This Cigar and Cigarillos Market? What are the company profiles, product information, and contact details for these key players?
• What Was the Global Market Status of the Cigar and Cigarillos Market? What Was the Capacity, Production Value, Cost, and PROFIT of the Cigar and Cigarillos Market?
• What Is the Current Market Status of the Cigar and Cigarillos Industry? What's the market's competition in this industry, both company-wise and country-wise? What's Market Analysis of Cigar and Cigarillos Market by Considering Applications and Types?
• What Are Projections of the Global Cigar and Cigarillos Industry Considering Capacity, Production, and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply, and Consumption? What about imports and exports?
• What is a Cigar and Cigarillos market chain analysis of upstream raw materials and downstream industries?
• What is the economic impact on the Cigar and Cigarillos industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
• What Are the Market Dynamics of the Cigar and Cigarillos Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Cigar and Cigarillos Industry?

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Reasons to Purchase Cigar and Cigarillos Market Report

• Cigar and Cigarillos Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
• Cigar and Cigarillos The Market report outlines market value (USD) data for each segment and sub-segment.
• This report indicates the region and segment expected to witness the fastest growth and dominate the market.
• Cigar and Cigarillos Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
• The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprise a company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
• Recent developments, including growth opportunities and drivers, as well as challenges and restraints in both emerging and developed regions, shape the industry's current and future market outlook.
• Cigar and Cigarillos Market: Includes in-depth market analysis from various perspectives through Porter's five forces analysis and offers an overview of the market through the value chain.

Reasons for the Research Report

• The study provides a thorough overview of the global Cigar and Cigarillos market. Compare your performance to that of the market as a whole.

• Aim to maintain competitiveness while innovations from established leaders drive market growth.

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What does the report include?

• Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Cigar and Cigarillos market analysis.

• The report covers the competitive environment of current and potential participants in the Cigar and Cigarillos market, along with their strategic product development ambitions.

• This study conducts a qualitative and quantitative analysis of the Cigar and Cigarillos market based on the component, application, and industry vertical. Additionally, the report provides comparable data for the key regions.

• The report provides actual market sizes and forecasts for each segment mentioned above.

Who should buy this report?

• Participants and stakeholders worldwide Cigar and Cigarillos market should find this report useful. The research will be useful to all market participants in the Cigar and Cigarillos industry.

• Managers in the Cigar and Cigarillos sector are interested in publishing up-to-date and projected data about the worldwide Cigar and Cigarillos market.

• Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Cigar and Cigarillos products' market trends.

• Analysts, researchers, educators, strategy managers, and government organizations seek market insights to develop plans.

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