Flavored Cigars Market Size, Share Global Analysis Report, 2020 – 2026

Industry Insights

This professional and specialized report study examines the technical and business perspective of the Flavored Cigars industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Flavored Cigars market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Flavored Cigars market.

The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Million Units) and value (USD Billion) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

Key Insights from Primary Research

• As per our primary respondents, the flavored cigar market is set to grow annually at a rate of around 6%
• It was established through primary research that the flavored cigars market was valued at around USD 3.09 billion in 2019
• In terms of volume, the flavored cigars market stood at around 3.09 billion in 2019
• Based on type segmentation, the “Machine-Made FlavoredCigar” category accounted for around 85% share, in 2019
• Based on distribution channel segmentation, the “Online” category held the leading share at more than 27%, in 2019

Key Recommendations from Analysts

• As per our analysis, the Asia Pacific market is estimated to grow at a CAGR of 9% during 2019-2026
• The technology advancement in manufacturing and processing is anticipated as a key market driver in the region
• China is leading the Asia Pacific flavored cigars market, followed by India. Increasing population and a growing economy are driving the growth of the flavored cigars market across the region.
• The increasing population and a growing economy are driving the growth of the flavored cigars market across the region.
• The Latin America market is estimated to grow at a CAGR of 7% during 2019-2026

Global Flavored CigarsMarket Share – By Distribution Channel

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the flavored cigar market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Flavored Cigarsmarket. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the flavored cigars market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Flavored Cigarsmarket.

Report Scope

The research study provides a critical assessment of the flavored cigars industry by logically segmenting the market on the basis of type, distribution channel, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the flavored cigars industry includes the holistic bifurcation of all five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Cigarettes have flavored to taste and smoke. To improve the tobacco flavor, or decline the social humiliation related to smoking. The Flavors are usually used to rolling paper or tobacco, while other brands of cigarettes have original flavor distribution mechanisms such as inserting flavors into the cigarette filter.

The Flavored Cigars Market is classified based on type and distribution channels. On the basis of type segmentation, the market is classified as machine-made flavored cigar and hand-made flavored cigar. In terms of distribution channel segmentation, the market is classified into online and offline. the hand-made flavored cigar is a time-consuming process and needs 100% pure tobacco as raw material, the manufacturing cost is high compared to machine-made cigars.

Some of the essential players operating in the Flavored Cigarsmarket, but not restricted include:

• Imperial Oliva Cigar Family
• Tobacco
• Swisher Sweets (Swisher International)
• Habanos
• Davidoff of Geneva USA
• General Cigar
• Gurkha Cigars
• Drew Estate
• Miami Cigar
• Arnold Andre
• Avanti Cigar
• Alec Bradley
• Scinavian Tobacco Group (Havana Honeys’)
• Rocky Patel
• Arturo Fuente.

The taxonomy of the flavored cigars market by its scope and segmentation is as follows:

 By Type Segment Analysis

• Machine-Made FlavoredCigar
• and Hand-Made FlavoredCigar

By Distribution Channel Segment Analysis

• Online
• Offline

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)