Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Cigarettes, Cigars And Cigarillos Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Cigarettes, Cigars And Cigarillos Market?
The market size of cigarettes, cigars, and cigarillos has steadily increased over the years. From 2024 to 2025, there's projected growth from $247.72 billion to $256.23 billion. This represents a compound annual growth rate (CAGR) of 3.4%.
What Are the Expected Market Growth Trends for the Cigarettes, Cigars And Cigarillos Market Through 2029?
The global market for cigarettes, cigars and cigarillos is projected to reach a size of $300.31 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.0%.
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What Are the Key Business Drivers in the Cigarettes, Cigars And Cigarillos Market Landscape?
The key drivers in the cigarettes, cigars and cigarillos market are:
• Growth in global population
• Rising demand for cigarettes, cigars, and cigarillos
• Necessitated increase in trade volumes
• Significant potential gains for companies in this market
How Is the Cigarettes, Cigars And Cigarillos Market Divided Across Key Categories?
The cigarettes, cigars and cigarillosmarket covered in this report is segmented –
1) By Type: Cigarettes, Cigars And Cigarillos
2) By Product: Low Tar, High Tar
3) By Flavor: Tobacco Or No Flavor, Flavored
4) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
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What Are the Ongoing Trends in the Cigarettes, Cigars And Cigarillos Market?
The key trends in the cigarettes, cigars and cigarillos market are:
• The development of creative and innovative solutions such as hand-rolled cannagars is a growing trend in the cigar market.
• There is an increasing focus on meeting the demand for cannabis-infused products, which is redefining the sector.
• The market is observing a surge in demand for premium, alternative smoking experiences.
• The expansion of the luxury cannabis items market indicates a shift in consumer preferences towards exclusive, upscale options.
Which Companies are Expanding in the Cigarettes, Cigars And Cigarillos Industry?
Major players in the cigarettes, cigars and cigarillos market are:
• Imperial Brands PLC
• Altria Group Inc.
• British American Tobacco PLC
• Philip Morris International Inc.
• Gudang Garam
• ITC Limited
• Sampoerna
• Swedish Match AB
• Scandinavian Tobacco Group A/S
• Godfrey Phillips India Ltd.
• Japan Tobacco International
• Swisher International Inc.
• Habanos S.A.
• Davidoff of Geneva USA
• Drew Estate Cigars
• General Cigar Co. Inc.
• Gurkha Cigars
• J.C. Newman Cigar Co.
• La Flor Dominicana
• Oliva Cigar Co.
• Padron Cigars
• Perdomo Cigars
• Rocky Patel Premium Cigars
• Arturo Fuente Cigars
• Ashton Cigars
• Alec Bradley Cigars
• CAO Cigars
• Crowned Heads
• Dunbarton Tobacco & Trust
• Espinosa Cigars
• Foundation Cigar Co.
• Illusione Cigars
• Joya de Nicaragua S.A.
• My Father Cigars Inc.
• Tatuaje Cigars.
Which is the Largest Region the Global Cigarettes, Cigars And Cigarillos Market?
Asia-Pacific was the largest region in the cigarettes, cigars, and cigarillos market in 2024
