North America Cigar And Cigarillos Market Size & Outlook
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North America cigar and cigarillos market highlights
- The North America cigar and cigarillos market generated a revenue of USD 15,722.5 million in 2024.
- The market is expected to grow at a CAGR of 7.4% from 2025 to 2033.
- In terms of segment, mass was the largest revenue generating product in 2024.
- Premium is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2033.
North America data book summary
| Market revenue in 2024 | USD 15,722.5 million |
| Market revenue in 2033 | USD 29,783.5 million |
| Growth rate | 7.4% (CAGR from 2025 to 2033) |
| Largest segment | Mass |
| Fastest growing segment | Premium |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mass, Premium |
| Key market players worldwide | Altria Group Inc, Habanos, Scandinavian Tobacco Group A/S, Gurkha Cigar Group, Swisher International Group, Agio International Company, Swedish Match, Oettinger Davidoff, Imperial Brands PLC |
Other key industry trends
- In terms of revenue, North America region accounted for 28.7% of the global cigar and cigarillos market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Latin America is the fastest growing regional market and is projected to reach USD 5,878.1 million by 2033.
Mass was the largest segment with a revenue share of 81.6% in 2024. Horizon Databook has segmented the North America cigar and cigarillos market based on mass, premium covering the revenue growth of each sub-segment from 2021 to 2033.
The market for cigars and cigarillos in North America is driven by a combination of cultural, economic, and regulatory factors. One of the primary drivers is the shifting consumer preferences toward premium tobacco products.
Unlike traditional cigarettes, cigars and cigarillos are often seen as luxury items associated with social status and a more refined smoking experience. This perception has been bolstered by the rise in disposable income among certain consumer segments, allowing more people to indulge in these premium products as part of their lifestyle choices.
In addition, the growth in the number of cigar lounges and smoking bars, particularly in urban areas, has also fueled interest and consumption, providing consumers with spaces to enjoy these products socially.
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Cigar And Cigarillos Market Scope
Cigar And Cigarillos Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Oettinger Davidoff | View profile | 1001-5000 | Basel, Basel-Stadt, Switzerland, Europe | http://oettingerdavidoff.com |
| Habanos | View profile | 11-50 | Benito Juarez, Distrito Federal, Mexico, North America | http://www.habanos.com |
| Swisher International Group | View profile | 5001-10000 | Jacksonville, Florida, United States, North America | http://www.swisher.com/ |
| Gurkha Cigar Group | View profile | 11-50 | Tamarac, Florida, United States, North America | https://www.gurkhacigars.com |
| Agio International Company | View profile | 10001+ | Virginia Beach, Virginia, United States, North America | https://www.agio-usa.com |
| Scandinavian Tobacco Group A/S | View profile | 10141 | Sandtoften 9, Gentofte, Denmark, 2820 | https://www.st-group.com |
| Imperial Brands PLC | View profile | 25700 | 121 Winterstoke Road, Bristol, United Kingdom, BS3 2LL | https://www.imperialbrandsplc.com |
| Swedish Match | View profile | 1001-5000 | Stockholm, Stockholms Lan, Sweden, Europe | https://www.swedishmatch.com |
| Altria Group Inc | View profile | 6400 | 6601 West Broad Street, Richmond, VA, United States, 23230 | https://www.altria.com |
North America cigar and cigarillos market size, by country, 2021-2033 (US$M)
North America Cigar And Cigarillos Market Outlook Share, 2024 & 2033 (US$M)
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