India Cigar And Cigarillos Market, By Product (Mass Cigar and Premium Cigar), By Flavor (Tobacco/No Flavor, and Flavored), By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online, and Others)
India Cigar And Cigarillos Market, By Product (Mass Cigar and Premium Cigar), By Flavor (Tobacco/No Flavor, and Flavored), By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online, and Others)
Cigars have traditionally been a popular luxury good among the affluent sections of the Indian society. However, changing lifestyles and increasing exposure to global trends have made cigars more mainstream. The market benefits from rising disposable incomes, expanding distribution channels, and availability of different price variants. While hand-rolled and premium cigars appeal to the premium segment, the mass market is driven by machine-made and lower priced cigarillos.
Market Dynamics:
The India cigar and cigarillos market is driven by growing acceptance of cigars as a casual product for leisure. Changing lifestyles and increasing exposure to global trends have make cigars more popular among young urban populations. However, regulations around consumption and promotion continue to restrain the market growth. The ban on displaying tobacco products at sales points and restriction on advertising impacts branding and visibility of cigar brands. Moreover, increasing health awareness and priority on wellness limits overall demand for tobacco products. Nevertheless, new opportunities lie in exploring premium and hand-crafted varieties that appeal to experienced consumers. Market players such as AJF Cigar focusing on novelty and rare varieties can also unlock potential in the growing premium segment.
Key Features of the Study:
This report provides in-depth analysis of the India cigar and cigarillos market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the India cigar and cigarillos market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AJF Cigars, Boutique Blends Cigars, Fenn Thompson & Co., Royal Cigar Works, Gurkha Cigar Group, Imperial Brands, Joya De Nicaragua, S.A., Scandinavian Tobacco Group, Swedish Match AB, and Swisher
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The India cigar and cigarillos market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the India cigar and cigarillos market
Market Segmentation
By Product Insights (Revenue, USD, 2019 - 2031)
Mass Cigar
Premium Cigar
By Flavor Insights (Revenue, USD, 2019 - 2031)
Tobacco / No Flavor
Flavored
Fruit
Mint
Chocolate
Others
By Distribution Channel Insights (Revenue, USD, 2019 - 2031)
Hypermarkets & Supermarkets
Specialty Stores
Online
Others
Key Players Insights
AJF Cigars
Boutique Blends Cigars
Fenn Thompson & Co.
Royal Cigar Works
Gurkha Cigar Group
Imperial Brands
Joya De Nicaragua, S.A.
Scandinavian Tobacco Group
Swedish Match AB
Swisher
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product
Market Snippet, By Flavor
Market Snippet, By Distribution Channel
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. India Cigar and Cigarillos Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the India Cigar and Cigarillos Market – COVID-19
Impact Analysis
5. India Cigar and Cigarillos Market, By Product, 2019-2031, (USD Mn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Mass Cigar
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Premium Cigar
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
6. India Cigar and Cigarillos Market, By Flavor, 2019-2031, (USD Mn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Tobacco/No Flavor
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Flavored
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Fruit
Mint
Chocolate
Others
7. India Cigar and Cigarillos Market, By Distribution Channel, 2019-2031, (USD Mn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Hypermarkets & Supermarkets
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Specialty Stores
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Online
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
AJF Cigars
Company Overview
Product Type Portfolio
Recent Developments/Updates
Boutique Blends Cigars
Company Overview
Product Type Portfolio
Recent Developments/Updates
Fenn Thompson & Co.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Royal Cigar Works
Company Overview
Product Type Portfolio
Recent Developments/Updates
Gurkha Cigar Group
Company Overview
Product Type Portfolio
Recent Developments/Updates
Imperial Brands
Company Overview
Product Type Portfolio
Recent Developments/Updates
Joya De Nicaragua, S.A.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Scandinavian Tobacco Group
Company Overview
Product Type Portfolio
Recent Developments/Updates
Swedish Match AB
Company Overview
Product Type Portfolio
Recent Developments/Updates
Swisher
Company Overview
Product Type Portfolio
Recent Developments/Updates
9. Analyst Recommendation
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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