Middle East & Africa Cigar And Cigarillos Market Size & Outlook
Middle East & Africa cigar and cigarillos market, 2018-2030 (US$M)
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MEA cigar and cigarillos market highlights
- The MEA cigar and cigarillos market generated a revenue of USD 979.8 million in 2023.
- The market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, mass was the largest revenue generating product in 2023.
- Premium is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 979.8 million |
| Market revenue in 2030 | USD 1,900.5 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Mass |
| Fastest growing segment | Premium |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mass, Premium |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.9% of the global cigar and cigarillos market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 4,379.4 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Cigar And Cigarillos Market Scope
Cigar And Cigarillos Market Companies
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MEA cigar and cigarillos market size, by country, 2018-2030 (US$M)
Middle East & Africa Cigar And Cigarillos Market Outlook Share, 2023 & 2030 (US$M)
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