Cigar & Cigarillos Market Size To Reach $102.17 Billion By 2033

September 2025 | Report Format: Electronic (PDF)

Cigar & Cigarillos Market Growth & Trends

The global cigar and cigarillos market size is estimated to reach USD 102.17 billion by 2033, registering a CAGR of 7.2% from 2025 to 2033, according to a new report by Grand View Research, Inc. Implementation of heavy taxes and increasing price of conventional cigarettes drive the product demand. Increasing number of consumers prefer cigars as they have better reputation and lower price, which is projected to positively influence growth.

The mass segment held major market share of global market owing to the growing popularity of cigars and cigarillos among the young consumers. Moreover, growing number of female consumers in the developed countries is expected to fuel the demand for mass products over the forecast period. However, the premium segment is expected to expand at the highest CAGR over the next seven years. Presence of luxury hotels and bars with cigar lounges, in developed countries, such U.S., U.K., and China have made comeback, thus, the consumption has increased drastically.

The flavored product segment is expected to expand at a significant CAGR over the forecast period. Many new consumers prefer flavored cigars as the taste is perceived to be better than the natural tobacco flavored products. Moreover, many consumers are migrating from other tobacco products including conventional cigarette to cigar and cigarillos. In addition, many companies have launched various flavored product to attract consumers, fueling the demand.

The North America cigar and cigarillos market is expected to account for a significant share of the global revenue. Growing demand for premium products in U.S. has helped the region gain major share. Followed by U.S., Germany and China are the largest markets. Growing number of young billionaires coupled with rising number of cigar lounges are the key factors driving the growth in China.

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Cigar & Cigarillos Market Report Highlights

By product, the mass cigars dominated the market by capturing revenue share of 77.9% in 2024. These products are popularly consumed by young consumers due to reasonable prices and several attractive flavors such as mint, menthol and chocolate.
By flavor, the flavored products segment accounted for a share of 51.8% in 2024, driven by introduction of diverse and appealing flavored options.
Based on distribution channel, the sales of cigars and cigarillos through the offline channel accounted for a share of 83.3% in 2024.
The Asia Pacific cigar and cigarillos market accounted for the largest share of 49.8% of the global revenue in 2024, and is experiencing robust growth, driven by several key trends unique to the region.