Global Cigar Market Growth 2025-2031

Global Cigar Market Growth 2025-2031

The global Cigar market size is predicted to grow from US$ 18130 million in 2025 to US$ 21140 million in 2031; it is expected to grow at a CAGR of 2.6% from 2025 to 2031.

A cigar is a tobacco product made from dried, fermented tobacco leaves, carefully rolled into a cylindrical form designed for smoking. Unlike cigarettes, which are smaller and contain a blend of tobacco and paper, cigars are composed entirely of tobacco leaves and are typically larger in size, offering a more prolonged smoking experience. The process of cigar production is intricate, involving aging and fermenting the tobacco to develop rich, complex flavors. This artisanal production often makes cigars synonymous with luxury and sophistication. Cigars come in various sizes, shapes, and flavors, catering to a broad spectrum of consumer preferences, from casual smokers to connoisseurs who appreciate the refined qualities of premium, hand-rolled cigars.

Current Market Dynamics

The global cigar market is highly concentrated, with a few major companies dominating the industry. Key players such as Imperial Tobacco Group, Swisher International, and Scandinavian Tobacco Group hold over 35% of the global market share, reflecting the dominance of large corporations in this sector. The United States is the largest market for cigars, capturing over 45% of global consumption. This is largely driven by cultural factors, where cigars are often associated with celebrations, social gatherings, and a symbol of status. Western Europe and the Asia-Pacific region follow closely as significant markets, each holding a notable share of around 45%, highlighting the global appeal of cigars.

In terms of production, the cigar industry is predominantly made up of machine-made cigars, which account for nearly 95% of total output. Machine-made cigars are produced on a large scale, making them more accessible and affordable to a wider audience. However, hand-rolled premium cigars, though smaller in volume, cater to the high-end segment of the market and are highly prized for their craftsmanship and superior quality. The most significant consumer base for cigars remains male smokers, though female smokers are emerging as a growing demographic, signaling a shift in market dynamics.

Trends and Future Outlook

Several key trends are shaping the cigar industry today. One notable trend is the increasing demand for premium and flavored cigars, particularly among younger and more affluent consumers. Flavored cigars, offering tastes such as vanilla, cherry, or whiskey, are gaining popularity as they provide a more diverse and enjoyable smoking experience. Additionally, the rise of premium cigars reflects a growing appreciation for high-quality, artisanal products, often linked with luxury and leisure.

Another important trend is the regulatory pressure facing the tobacco industry. As health awareness increases globally, many countries are implementing stricter regulations on tobacco products, including cigars. This has prompted manufacturers to innovate, with some developing smaller cigars or cigars with lower tar and nicotine content to appeal to health-conscious consumers. Moreover, the growing awareness of the environmental impact of tobacco farming and production has led to more sustainable practices within the industry, such as eco-friendly packaging and organic tobacco cultivation.

In the face of these changes, the cigar industry continues to adapt, with major companies investing in new product lines, expanding into emerging markets, and catering to evolving consumer tastes. As the market grows, particularly in regions like Asia-Pacific, where increasing affluence is driving demand, the future of cigars remains robust. With both traditional and modern offerings, the global cigar market is positioned to evolve while maintaining its enduring appeal as a symbol of refinement and luxury.

LP Information, Inc. (LPI) ' newest research report, the “Cigar Industry Forecast” looks at past sales and reviews total world Cigar sales in 2024, providing a comprehensive analysis by region and market sector of projected Cigar sales for 2025 through 2031. With Cigar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cigar industry.

This Insight Report provides a comprehensive analysis of the global Cigar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cigar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cigar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cigar and breaks down the forecast by Type, by Consumers, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cigar.

This report presents a comprehensive overview, market shares, and growth opportunities of Cigar market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Machine-made Cigars
Handmade Cigars

Segmentation by Consumers:
Male Smokers
Female Smokers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Imperial Tobacco Group
Swedish Match
Swisher International
Scandinavian Tobacco Group
Altria Group
Habanos
J. Cortès cigars
Oettinger Davidoff
Plasencia Cigars
China Tobacco

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cigar market?

What factors are driving Cigar market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cigar market opportunities vary by end market size?

How does Cigar break out by Type, by Consumers?

Please note: The report will take approximately 2 business days to prepare and deliver.