PUBLISHER: Grand View Research | PRODUCT CODE: 1841969
PUBLISHER: Grand View Research | PRODUCT CODE: 1841969
The global cigar and cigarillos market size was estimated at USD 54.79 billion in 2024 and is projected to reach USD 102.17 billion in 2033, growing at a CAGR of 7.2% from 2025 to 2033. The establishment of dedicated cigar lounges and the integration of cigar experiences within upscale hospitality settings play a crucial role in fostering a community and driving sustained demand.
A significant trend is the positioning of cigars as a luxury lifestyle product, associated with sophistication, relaxation, and celebration. This perception is further amplified by social media and influencer marketing, which showcase cigars as an aspirational indulgence. Moreover, the growing middle class in emerging economies, particularly in Asia and Latin America, represents a substantial consumer base with increasing purchasing power and a desire for high-quality, experience-driven products. The expansion of duty-free retail and specialized cigar lounges also enhances accessibility and provides platforms for product discovery and consumption. Furthermore, innovation in flavors, sizes, and packaging, particularly within the cigarillo segment, aims to attract new users and provide variety for existing ones.
Mass accounted for the largest share in 2024 in the global cigar and cigarillos market due to their affordability and consistency in delivering a strong, uniform taste of tobacco. Global manufacturers produce cigars and cigarillos at a lower cost per unit by utilizing machine rolls, streamlined processes, and cost-effective raw materials, making them economical and popular among users. This is a major factor aiding the growth of the segment.
Another important factor that drives the increasing consumption of mass cigars across the globe is the growing consumption of smoking as a lifestyle change. The increased consumption of cigars is attributed to the fact that cigars and cigarillos are often perceived differently from regular cigarettes, often being used in social gatherings or special occasions. The unique experience of smoking a mass cigar, including the flavor, aroma, and the ritual of cutting and lighting, is increasing its demand. Furthermore, manufacturers are continuously innovating with new flavors and product offerings, which attract a broader audience, including younger adults. Thus, the increasing consumption of mass cigars would propel the growth of the market.
Global Cigar And Cigarillos Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends and opportunities in each of the sub-segment from 2021 to 2033. For this study, Grand View Research has segmented the global cigar and cigarillos market report based on product, flavor, distribution channel, and region.