France Cigar And Cigarillos Market Size & Outlook
France cigar and cigarillos market, 2018-2030 (US$M)
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France cigar and cigarillos market highlights
- The France cigar and cigarillos market generated a revenue of USD 583.3 million in 2023 and is expected to reach USD 940.0 million by 2030.
- The France market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, mass was the largest revenue generating product in 2023.
- 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 2023 | USD 583.3 million |
| Market revenue in 2030 | USD 940.0 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Mass |
| Fastest growing segment | Premium |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mass, Premium |
Other key industry trends
- In terms of revenue, France accounted for 1.1% of the global cigar and cigarillos market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK cigar and cigarillos market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 1,462.2 million by 2030.
Mass was the largest segment with a revenue share of 72.84% in 2023. Horizon Databook has segmented the France cigar and cigarillos market based on mass, premium covering the revenue growth of each sub-segment from 2018 to 2030.
The French cigar and cigarillos market has experienced several notable trends in recent years. One of the most significant developments is the growing interest in premium cigars. This trend is driven by the association of premium cigars with luxury, sophistication, and leisure, contributing to steady market growth.
As consumers seek high-quality products, the allure of premium cigars continues to captivate both seasoned aficionados and newcomers. Another noteworthy trend is the rise of cigar lounges and specialty shops across France.
The increasing number of upscale bars, private clubs, and dedicated cigar lounges has created spaces where enthusiasts can enjoy their cigars in a comfortable and inviting atmosphere. These establishments not only offer a well-curated selection of cigars but also foster a sense of community among cigar lovers.
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Cigar And Cigarillos Market Scope
Cigar And Cigarillos Market Companies
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France cigar and cigarillos market size, by product, 2018-2030 (US$M)
France Cigar And Cigarillos Market Outlook Share, 2023 & 2030 (US$M)
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