Press release
Cigars & Cigarillos Market Will Amass $23,857.9 Mn by 2025
According to the latest market report published by Persistence Market Research, titled “Global Market Study on Cigars & Cigarillos: Driven by Increasing Adoption of Flavored Cigars & Cigarillos Among Young Adults”, the cigars & cigarillos market is estimated to be valued at US$ 18,044.3 Mn by the end of 2015 and is anticipated to expand at a CAGR of 2.8% over 2015 - 2025 in terms of value, to reach a market value of US$ 23,857.9 Mn by 2025.
“Availability of Wide Varieties of Flavored Cigars & Cigarillos Is Increasingly Fueling Their Demand among Young Adults, Thereby Supporting the Market Growth”
The global cigars & cigarillos market is driven by the wide availability of flavored cigars & cigarillos and increasing the number of women smokers globally. Moreover, increasing penetration of cigar parlors and lounges, especially in North America and European countries, is expected to further fuel the market growth over the forecast period.
On the basis of type, the cigars & cigarillos market has been segmented into mass and premium. The mass segment dominated the market with a revenue share of 95.2% in 2014 and is projected to maintain its dominance through 2025. The premium segment is expected to exhibit a favorable growth over the forecast period. Increasing demand for luxurious products is expected to drive the segment growth in the global cigars and cigarillos market.
On the basis of category, the market is segmented into cigars, cigarillos and little cigars. The cigarillos segment accounted for the largest share in 2014 and is estimated to be valued at US$ 13,566.5 Mn by 2025, expanding at a CAGR of 3.2% over 2015-2025. The cigars segment is expected to exhibit a substantial growth in the market.
On the basis of flavor, the market is segmented into fruit/candy, mint/menthol and chocolate flavor. The mint/menthol segment is estimated to account for the highest value share in 2015. However, the fruit/candy flavor segment is expected to dominate the market in terms of value share over the forecast period.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/cigars-cigarillos-market/toc
In terms of gender (end use), the male segment is projected to exhibit the highest growth over 2015-2025. The male segment was valued at US$ 25,034.9 Mn in 2014 and is expected to expand at a CAGR of 6.1% during the forecast period.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3180
The report provides in-depth information about the various trends driving each segment and provides analysis and insights about the cigars & cigarillos market in specific regions. North America accounted for the largest volume share 47.3% of the global cigars & cigarillos market in 2014. In terms of both value and volume, the Asia Pacific market is expected to register the highest CAGR over the forecast period.
Buy Now: You can now buy a single user license of the report @ http://www.persistencemarketresearch.com/checkout/3180
The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.
For more information, please e-mail us at sales@persistencemarketresearch.com
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cigars & Cigarillos Market Will Amass $23,857.9 Mn by 2025 here
News-ID: 477402 • Views: …
More Releases from Persistence Market Research
Bicycle Spokes Market Set for Strong Growth at 5.4% CAGR Through 2032 - Persiste …
The global bicycle spokes market is rapidly gaining traction as bicycles continue to be adopted as preferred choices for commuting, fitness, recreation, and eco‐friendly mobility. The global bicycle spokes market size is likely to be valued at US$2.9 billion in 2025 and is expected to reach US$4.2 billion by 2032, registering a steady CAGR of 5.4 % between 2025 and 2032.
➤ Download Your Free Sample & Explore Key Insights: https://www.persistencemarketresearch.com/samples/30615
Bicycle…
Herbal Toothpaste Market Growth Poised at 6.5% CAGR Through 2033 Amid Rising Hea …
The global oral care industry is undergoing a transformational shift as consumers increasingly prioritize natural, chemical free alternatives. Central to this transformation is the herbal toothpaste market, which is rapidly emerging as a mainstream segment driven by rising health consciousness, sustainability trends, and demand for botanical formulations. The global herbal toothpaste market size is likely to be valued at US$ 2.6 billion in 2026 and is projected to reach US$…
Dead Sea Mud Cosmetics Market Set for Steady Expansion Amid Rising Demand for Na …
The global beauty and personal care industry continues to evolve as consumers shift toward natural, mineral-based, and wellness-oriented skincare solutions. Among these, Dead Sea mud cosmetics have gained strong traction for their mineral content and perceived therapeutic benefits. According to industry estimates, the global dead sea mud cosmetics market is likely to be valued at US$1.5 billion in 2026 and is projected to reach US$2.3 billion by 2033, expanding at…
Retail Glass Packaging Market Projected to Reach US$77.0 Billion by 2032 at 5.3% …
The retail glass packaging market continues to play a crucial role in the global packaging ecosystem, particularly across food, beverage, cosmetics, and pharmaceutical retail channels. Glass packaging remains a preferred solution due to its premium appearance, chemical inertness, recyclability, and ability to preserve product integrity. As consumers increasingly prioritize sustainability, safety, and high quality packaging, retail glass packaging has regained strategic importance across both developed and emerging economies. Brands are…
More Releases for Cigars
Luxury Cigar Market Is Booming So Rapidly: Piloto Cigars, Tatuaje Cigars, Gurkha …
The latest study released on the Global Luxury Cigar Market by HTF MI evaluates market size, trend, and forecast to 2033. The Luxury Cigar market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Handmade Cigars Market Is Going to Boom |• Arturo Fuente • Padron Cigars
Worldwide Market Reports has released a new in-depth research study on the "Handmade Cigars Market," highlighting strong growth potential in the coming years. The report delivers a structured and data-driven analysis of the market landscape, combining robust research methodology, market sizing, validated data modeling, and insights sourced from reliable primary and secondary channels.
The study thoroughly examines key market aspects, including growth drivers, restraints, challenges, emerging opportunities, technological advancements, innovation trends,…
Cigars And Cigarillos Market is Booming with Strong Growth Prospects | Grukha Ci …
Cigars and cigarillos market is estimated to be valued at USD 32.52 Bn in 2025 and is expected to reach USD 42.25 Bn by 2032, exhibiting at a compound annual growth rate (CAGR) of 3.8% from 2025 to 2032.
The Global Business Landscape is being reshaped by rapid innovation, rising investment and shifting regional dynamics - and at the heart of this transformation lies the Cigars And Cigarillos Market. From 2025…
Cigars Cigarillos Market
Fermented and dried tobacco leaves are tightly rolled to form cigars and cigarillos. Both cigars and cigarillos come in various size, length, and thickness. In recent years, cigars and cigarillos have gained more popularity among young adults. Owing to the increasing popularity and part of the status symbol, manufacturers are offering cigars and cigarillos in various flavors. Moreover, in some countries, the tax on cigars and cigarillos is low, this…
Global Machine Made Cigars Market Research Forecast 2020-2026 Altria Group, Haba …
Global Machine Made Cigars 2020-2026 Market Research Report offers a comprehensive evaluation of the market. It does so via depth Qualitative insights, Historical Status and verifiable projections about market size. The projections featured within the report are derived using proven research methodologies and assumptions. Report provides a progressive overview of the Machine Made Cigars industry 2020 including definitions, classifications, Machine Made Cigars marketing research, a good range of applications and…
Cigar Market key players General Cigar Company Inc., Partagas cigars, Perdomo ci …
Cigars are firmly-rolled cylindrical bundle of fermented and dried tobacco which is ignited and smoked by drawing in the mouth. Cigar tobacco is mostly grown in Latin America, Philippines, Eastern United States, Spain and Italy. Cigar is considered to be a status symbol by many and is more prevalent in European countries within premium segment.
The Cigars market across the globe is expected to show a single digit increase in CAGR…
