Market revenue in 2023 | USD 494.7 million |
Market revenue in 2030 | USD 859.1 million |
Growth rate | 8.2% (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 Japan luxury cigar market based on hand rolled, machine rolled covering the revenue growth of each sub-segment from 2018 to 2030.
Japan has many high-net-worth individuals willing to spend on luxury products, including cigars. This demographic seeks premium cigars as a status symbol and a means of indulgence. A rising number of specialized stores offer premium cigars to cater to this demand.
Tokyo’s Ginza district in Japan is well known for its cigar lounges, speakeasies, and stores. Reserva is one such speakeasy that allows cigar connoisseurs and newcomers to explore a wide range of premium cigars.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan luxury cigar market , including forecasts for subscribers. This country databook contains high-level insights into Japan luxury cigar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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