Saudi Arabia Cigar And Cigarillos Market Size & Outlook
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Saudi Arabia cigar and cigarillos market highlights
- The Saudi Arabia cigar and cigarillos market generated a revenue of USD 389.7 million in 2024 and is expected to reach USD 921.1 million by 2033.
- The Saudi Arabia market is expected to grow at a CAGR of 9.9% 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.
Cigar and cigarillos market data book summary
| Market revenue in 2024 | USD 389.7 million |
| Market revenue in 2033 | USD 921.1 million |
| Growth rate | 9.9% (CAGR from 2025 to 2033) |
| Largest segment | Mass |
| Fastest growing segment | Premium |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 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, Saudi Arabia accounted for 0.7% of the global cigar and cigarillos market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, Saudi Arabia cigar and cigarillos market is projected to lead the regional market in terms of revenue in 2033.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 921.1 million by 2033.
Mass was the largest segment with a revenue share of 85.3% in 2024. Horizon Databook has segmented the Saudi Arabia cigar and cigarillos market based on mass, premium covering the revenue growth of each sub-segment from 2021 to 2033.
In Saudi Arabia, the market for cigars and cigarillos is driven by several key factors. The increasing urbanization and growth of affluent consumer segments have spurred interest in premium and luxury tobacco products.
As the country continues to develop economically, there is a rising demand for highend lifestyle products, including premium cigars and cigarillos. Moreover, cultural shifts towards more diverse and international lifestyles have contributed to a growing acceptance and consumption of cigars, which were previously less common in traditional Saudi society.
In addition, there has been a notable increase in the number of luxury lounges and high-end establishments catering to cigar enthusiasts. These venues offer a sophisticated environment that aligns with the aspirational lifestyle of Saudi consumers, further driving demand.
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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 |
Saudi Arabia cigar and cigarillos market size, by flavor, 2021-2033 (US$M)
Saudi Arabia Cigar And Cigarillos Market Outlook Share, 2024 & 2033 (US$M)
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