Canada Cigar And Cigarillos Market Size & Outlook, 2025-2033
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Canada cigar and cigarillos market highlights
- The Canada cigar and cigarillos market generated a revenue of USD 1,007.7 million in 2024 and is expected to reach USD 2,568.3 million by 2033.
- The Canada market is expected to grow at a CAGR of 10.9% from 2025 to 2033.
- In terms of segment, mass was the largest revenue generating product in 2024.
- Premium is the most lucrative product segment registering the fastest growth during the forecast period.
Cigar and cigarillos market data book summary
| Market revenue in 2024 | USD 1,007.7 million |
| Market revenue in 2033 | USD 2,568.3 million |
| Growth rate | 10.9% (CAGR from 2025 to 2033) |
| Largest segment | Mass |
| Fastest growing segment | Premium |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mass, Premium |
| Key market players worldwide | Altria Group Inc, Habanos, Scandinavian Tobacco Group A/S, Gurkha Cigar Group, Swisher International Group, Agio International Company, Swedish Match, Oettinger Davidoff, Imperial Brands PLC |
Other key industry trends
- In terms of revenue, Canada accounted for 1.8% of the global cigar and cigarillos market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. cigar and cigarillos market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,568.3 million by 2033.
Mass was the largest segment with a revenue share of 82.33% in 2024. Horizon Databook has segmented the Canada cigar and cigarillos market based on mass, premium covering the revenue growth of each sub-segment from 2021 to 2033.
Canada has a rich history of cigar smoking, influenced by both indigenous customs and European traditions. This cultural backdrop has fostered a vibrant cigar community, with the emergence of cigar lounges and social clubs enhancing the social aspect of cigar smoking.
These venues not only provide a space for enthusiasts to gather but also promote the pairing of cigars with craft beverages, further enriching the smoking experience. The trend of enjoying cigars alongside whiskey, rum, and craft beer has become increasingly popular, attracting consumers looking for complementary flavor profiles.
Key factors driving the market in Canada are affluence and the disposable income of consumers in Canada. As the economy grows and personal wealth increases, there is a greater segment of the population with the means to indulge in cigars & cigarillos.
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Cigar And Cigarillos Market 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 |
Canada cigar and cigarillos market size, by distribution channel, 2021-2033 (US$M)
Canada Cigar And Cigarillos Market Outlook Share, 2024 & 2033 (US$M)
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