Global Cigar And Cigarillos Market Size & Outlook
The global cigar and cigarillos market size was estimated at USD 54,785.1 million in 2024 and is projected to reach USD 102,171.3 million by 2033, growing at a CAGR of 7.2% from 2025 to 2033.
Revenue, 2024 (US$M)
$54,785.1
Forecast, 2033 (US$M)
$102,171.3
CAGR, 2025 - 2033
7.2%
Report Coverage
Worldwide
Global cigar and cigarillos market, 2021-2033 (US$M)
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Global cigar and cigarillos market highlights
- The global cigar and cigarillos market generated a revenue of USD 54,785.1 million in 2024 and is expected to reach USD 102,171.3 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 7.2% by 2033.
- In terms of segment, mass accounted for a revenue of USD 45,494.3 million in 2024.
- Premium is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 54,785.1 million |
| Market revenue in 2033 | USD 102,171.3 million |
| Growth rate | 7.2% (CAGR from 2025 to 2033) |
| Largest segment | Mass |
| Fastest growing segment | Premium |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mass, Premium |
Other key industry trends
- In terms of revenue, the North America accounted for 28.7% of the global cigar and cigarillos market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, Canada is the fastest growing regional market and is projected to reach USD 2,568.3 million by 2033.
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Cigar And Cigarillos Market Scope
Cigar and cigarillos market segmentation & scope
Cigar And Cigarillos Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Oettinger Davidoff | View profile | 1001-5000 | Basel, Basel-Stadt, Switzerland, Europe | http://oettingerdavidoff.com |
| Habanos | View profile | 11-50 | Benito Juarez, Distrito Federal, Mexico, North America | http://www.habanos.com |
| Swisher International Group | View profile | 5001-10000 | Jacksonville, Florida, United States, North America | http://www.swisher.com/ |
| Gurkha Cigar Group | View profile | 11-50 | Tamarac, Florida, United States, North America | https://www.gurkhacigars.com |
| Agio International Company | View profile | 10001+ | Virginia Beach, Virginia, United States, North America | https://www.agio-usa.com |
| Scandinavian Tobacco Group A/S | View profile | 10141 | Sandtoften 9, Gentofte, Denmark, 2820 | https://www.st-group.com |
| Imperial Brands PLC | View profile | 25700 | 121 Winterstoke Road, Bristol, United Kingdom, BS3 2LL | https://www.imperialbrandsplc.com |
| Swedish Match | View profile | 1001-5000 | Stockholm, Stockholms Lan, Sweden, Europe | https://www.swedishmatch.com |
| Altria Group Inc | View profile | 6400 | 6601 West Broad Street, Richmond, VA, United States, 23230 | https://www.altria.com |
Global cigar and cigarillos market size, by regions, 2021-2033 (US$M)
Top 10 countries: Cigar and cigarillos market size, 2024 (US$M)
Global cigar and cigarillos market share, by product, 2024 & 2033 (%, US$M)
Cigar and cigarillos market: Opportunity assessment by country
Global cigar and cigarillos market, by region, 2024 (US$M)
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