UK Luxury Cigar Market Size & Outlook, 2023-2030

The luxury cigar market in UK is expected to reach a projected revenue of US$ 1,357.1 million by 2030. A compound annual growth rate of 7.6% is expected of UK luxury cigar market from 2024 to 2030.
Revenue, 2023 (US$M)
$811.5
Forecast, 2030 (US$M)
$1,357.1
CAGR, 2024 - 2030
7.6%
Report Coverage
UK

UK luxury cigar market highlights

  • The UK luxury cigar market generated a revenue of USD 811.5 million in 2023 and is expected to reach USD 1,357.1 million by 2030.
  • The UK market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
  • In terms of segment, hand rolled was the largest revenue generating type in 2023.
  • Hand Rolled is the most lucrative type segment registering the fastest growth during the forecast period.


Luxury cigar market data book summary

Market revenue in 2023USD 811.5 million
Market revenue in 2030USD 1,357.1 million
Growth rate7.6% (CAGR from 2023 to 2030)
Largest segmentHand rolled
Fastest growing segmentHand Rolled
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHand Rolled, Machine Rolled
Key market players worldwideScandinavian Tobacco Group A/S, Gurkha Cigar Group, Davidoff of Geneva, Arturo Fuente Coffee, Cigars Direct, Casa de Montecristo


Other key industry trends

  • In terms of revenue, UK accounted for 5.7% of the global luxury cigar market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK luxury cigar market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 1,357.1 million by 2030.

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Luxury Cigar Market Companies

Name Profile # Employees HQ Website

UK luxury cigar market outlook

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 UK luxury cigar market based on hand rolled, machine rolled covering the revenue growth of each sub-segment from 2018 to 2030.


The U.K. market for luxury cigars is witnessing a higher growth rate owing to a rise in the number of premium consumers seeking hand-rolled premium cigars. The hand-rolled cigars offer a nuanced and complex profile. Smokers appreciate the variety of textures, aromas, and taste that is carefully blended in premium cigars.

This, in turn, has led to several luxury cigar brands offering hand-rolled cigars in the country. For instance, Arturo Fuente Cigars, Rocky Patel Cigars, and AJ Fernandez Cigars are some of the brands offering handmade luxury cigars in the country.

The sales of luxury cigars through online channels are showcasing higher growth as these channels act as a convenient and safer platform to choose among a wide range of luxury cigar brands. Additionally, the presence of rare and vintage brands on these channels gives it an edge compared to offline channels such as cigar lounges and specialty cigar stores.

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Target buyers of UK luxury cigar market databook

  • Our clientele includes a mix of luxury cigar market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK luxury cigar market , including forecasts for subscribers. This country databook contains high-level insights into UK luxury cigar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK luxury cigar market size, by type, 2018-2030 (US$M)

UK Luxury Cigar Market Outlook Share, 2023 & 2030 (US$M)

UK luxury cigar market size, by type, 2018-2030 (US$M)

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