Cigarettes, Cigars And Cigarillos Global Market Report 2024

The cigarettes, cigars and cigarillos market size has grown steadily in recent years. It will grow from $246.8 billion in 2023 to $258.15 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%. The growth observed in the historical period can be attributed to the dominance of the tobacco industry, consumer habits and addiction, cultural and social traditions, effective marketing and branding, as well as tobacco taxation and regulation.

The cigarettes, cigars and cigarillos market size is expected to see steady growth in the next few years. It will grow to $305.21 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth expected in the forecast period can be attributed to health-conscious consumer preferences, reduced smoking prevalence, regulatory changes and packaging alterations, the emergence of alternative products and harm reduction approaches, as well as global market expansion. Major trends anticipated in the forecast period include the popularity of flavored tobacco products, the rise of e-cigarettes and vaping, the demand for smokeless and snus products, the introduction of reduced nicotine and low-tar products, and the appeal of luxury and premium cigars.

The global population is on the rise and is projected to reach 10 billion by 2050. This population growth translates into higher food demand. To meet the needs of this expanding population, trade volumes must also increase. Consequently, businesses in the cigarettes, cigars, and cigarillos manufacturing market are anticipated to capitalize on the growing population, leading to increased demand during the forecast period.

The primary categories of cigarettes, cigars, and cigarillos consist of cigarettes, cigars, and cigarillos. A cigarette is a compact tube containing flammable material, typically tobacco, tightly rolled in thin paper and designed for smoking. The products within these categories may vary, including low-tar and high-tar variants, and are further segmented into mass cigars and premium cigars. They are available in different flavors, including tobacco or no flavor, as well as various flavored options. These products are distributed through a range of channels, such as supermarkets, convenience stores, e-commerce, and other distribution channels.

The cigarettes, cigars & cigarillos research report is one of a series of new reports that provides cigarettes, cigars & cigarillos statistics, including cigarettes, cigars & cigarillos industry global market size, regional shares, competitors with cigarettes, cigars & cigarillos share, detailed cigarettes, cigars & cigarillos segments, market trends and opportunities, and any further data you may need to thrive in the cigarettes, cigars & cigarillos industry. This cigarettes, cigars & cigarillos research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The rising prevalence of smoking is anticipated to drive the growth of the cigarettes, cigars, and cigarillos market in the future. Smoking involves the inhalation and exhalation of smoke resulting from the combustion of substances like tobacco, cannabis, or other herbs using items like cigarettes, cigars, or pipes. Smoking is contributing to the increased demand for cigarettes, cigars, and cigarillos, driven by factors such as marketing, the perception of luxury, product availability, pricing, and addiction. For example, in July 2022, Statistics Canada reported a 5.8% increase in cigarette production compared to June 2021, and the total number of cigarettes sold rose by 1.3% from May 2022, reaching 1.4 billion in June 2022. Therefore, the growing demand for cigarettes, cigars, and cigarillos is fueling the growth of the cigarettes, cigars, and cigarillos market.

The COVID-19 pandemic had a significant negative impact on the cigarettes, cigars, and cigarillos manufacturing markets in 2020. The disruption of supply chains due to trade restrictions and the decrease in consumption caused by global lockdowns were among the major challenges faced by the industry. COVID-19, an infectious disease characterized by symptoms like fever, cough, and breathing difficulties, was first identified in Wuhan, China, in 2019 and quickly spread worldwide, affecting regions including Western Europe, North America, and Asia. This disruption was particularly challenging for food and beverage manufacturers who rely on a consistent supply of raw materials from both domestic and international sources. Many governments-imposed restrictions on the movement of goods, leading to a shortage of essential raw materials and fears of contamination in manufacturing facilities. However, it is expected that the cigarettes, cigars, and cigarillos manufacturing market will gradually recover from the shock of the pandemic over the forecast period, as this crisis was an unexpected 'black swan' event and not indicative of ongoing or fundamental weaknesses in the market or the global economy.

Cigarette manufacturers are employing innovative filter technologies to reduce harmful substances in cigarettes and improve the smoking experience. These advanced filters incorporate a high-tech binder, along with the conventional carbon, paper, and adhesive materials. They have the capability to filter out as much as 80% more gaseous toxicants compared to mono-acetate filters and carbon-on-two filters. These filters effectively maximize the carbon's surface area available for filtering smoke, all while maintaining product performance. One notable example is British American Tobacco (BAT), which has adopted the Flow Filter technology in brands such as Lucky Strike, Dunhill, Kent, Pall Mall, and Rothmans.

Leading companies in the market are actively introducing innovative and interactive cigar products as part of their efforts to maintain a strong market presence. These interactive cigars incorporate technology innovations such as QR codes. For instance, in July 2021, Oliva Cigar Co., a Cuban-based cigar manufacturer, unveiled its line of interactive cigars. Each box from the Serie V Melanio line was equipped with an innovative quick response (QR) code. Customers purchasing a box of Serie V Melanio cigars could access a wealth of information about their cigars by simply scanning the QR code using their smartphones or tablets. This innovation added a new layer of interactivity and engagement for cigar enthusiasts.

Major companies operating in the cigarettes, cigars and cigarillos market include 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.

Asia-Pacific was the largest region in the cigarettes, cigars, and cigarillos market in 2023. North America was the second-largest region in the cigarettes, cigars, and cigarillos market. The regions covered in the cigarettes, cigars and cigarillos market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the cigarettes, cigars and cigarillos market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa

The cigarettes, cigars & cigarillos market consists of sales of flavored cigarettes, cigars & cigarillos, and non-flavored cigarettes, cigars & cigarillos. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.