Authored By: Sarah
09 Aug 2021

Flavored Cigar Market | Leading Segments, Trends, Drivers and Challenges
Market Segments and Growth Analysis 2021-2025

The flavored cigar market is expected to grow by $ 3.19 bn, accelerating at a CAGR of almost 6.18% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Flavored Cigar Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented Type (Machine-made and Hand-rolled), Product (Fruit-flavored cigar, Alcohol- and non-alcohol-flavored cigar, and Others), and Geography (North America, Europe, APAC, MEA, and South America).
  • 47% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Flavored Cigar Market size.

Flavored Cigar Market Size to Grow by $ 3.19 bn through 2021-2025 | Leading Segments and Market Trends

Flavored Cigar Market: Top Trends, Drivers, Challenges to drive Market Recovery

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • A significant factor in driving the growth of the Flavored Cigar Market will be the high appeal of flavored cigars among young adults.
  • Another factor that will boost the market will be the Increasing usage of flavored cigars during social occasions to avoid bad breath.
  • Difficulty for the players to convince veteran cigar consumers to switch to flavored cigars is a hurdle that needs to be crossed on the path to success.

Flavored Cigar Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • ALEC BRADLEY CIGAR DISTRIBUTORS INC., Davidoff of Geneva USA Online Inc., Drew Estate, Gurkha Cigar Group, Imperial Brands Plc, Rocky Patel, Scandinavian Tobacco Group AS, and Swisher International Inc. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 6.18%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 3.19 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    High appeal of flavored cigars among young adults will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    47% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are ALEC BRADLEY CIGAR DISTRIBUTORS INC., Davidoff of Geneva USA Online Inc., Drew Estate, Gurkha Cigar Group, Imperial Brands Plc, Rocky Patel, Scandinavian Tobacco Group AS, and Swisher International Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (Machine-made and Hand-rolled), Product (Fruit-flavored cigar, Alcohol- and non-alcohol-flavored cigar, and Others), and Geography (North America, Europe, APAC, MEA, and South America)
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