Reports

Global Cigars Market to Settle at 2.5% Growth Rate by 2021-27

Erik Brady

The global Cigars market was valued at US$ 16800 million in 2020 and is expected to reach US$ 20010 million by the end of 2027, growing at a CAGR of 2.5% during 2021-2027.

A cigar is a tightly-rolled bundle of dried and fermented tobacco leaf, rolled in a series of types and sizes, which is ignited so that its smoke may be drawn into the mouth.

The key drivers of this market include the addition of smokers to inhale and cigars are considered superior than cigarettes due to lower levels of nicotine. Rising middle class, culture shift and affluent life style are among other driving forces in cigar consumption. Restraining factors could be plethora of government regulations and ban on tobacco production and consumption in several countries. In addition growing health concerns and aging of population act as another major restrains to consumption of Cigar. Major distribution channels are supermarkets, speciality stores and departmental stores.

Global Cigars Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Cigars Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Global Premium Cigars, Tabacalera Incorporada, Graycliff, Cigars International, Davidoff and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-cigars-market-outlook

Segment by Type

  • Large Cigar
  • Cigarillo
  • Little Cigars

Segment by Application

  • Women
  • Men

Table of Content:

1 Cigars Market Overview

2 Cigars Market Competition by Manufacturers

3 Cigars Retrospective Market Scenario by Region

4 Global Cigars Historic Market Analysis by Type

5 Global Cigars Historic Market Analysis by Application

6 Key Companies Profiled

7 Cigars Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Cigars Market Dynamics

10 Global Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

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