Market revenue in 2023 | USD 1,172.8 million |
Market revenue in 2030 | USD 1,869.7 million |
Growth rate | 6.9% (CAGR from 2023 to 2030) |
Largest segment | Hand rolled |
Fastest growing segment | Hand Rolled |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hand Rolled, Machine Rolled |
Key market players worldwide | Scandinavian Tobacco Group A/S, Gurkha Cigar Group, Davidoff of Geneva, Arturo Fuente Coffee, Cigars Direct, Casa de Montecristo |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to luxury cigar market will help companies and investors design strategic landscapes.
Hand rolled was the largest segment with a revenue share of 75.58% in 2023. Horizon Databook has segmented the Brazil luxury cigar market based on hand rolled, machine rolled covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the world's leading tobacco producers. The Brazilian cigar industry has a long history, with the state of Bahia being one of the first to cultivate tobacco on a large scale in the world. The cigar industry's revival has been aided by new generations of cigar smokers and the rising demand for cigars.
Brazilian cigar manufacturing facilities a reason to make investments. The formation of communities and groups on social media platforms like Facebook has aided the sharing of information about cigars, encouraging a new culture of cigar appreciation.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil luxury cigar market , including forecasts for subscribers. This country databook contains high-level insights into Brazil luxury cigar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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