Market Overview:
The global liquor flavored cigar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for flavored cigars, rising disposable income, and growing awareness about cigars among consumers. The global liquor flavored cigar market is segmented on the basis of type into hand-rolled flavored cigars and machine-made flavored cigars. The hand-rolled segment is expected to dominate the market during the forecast period owing to its high quality and premium nature. On the basis of application, the global liquor flavored cigar market is segmented into supermarkets, convenience stores, online stores, and others. The supermarkets segment dominates this category owing to increased consumer awareness about different types of cigars available in these stores.
Product Definition:
A liquor flavored cigar is a cigar that has been infused with the flavor of liquor. These cigars are often enjoyed by smokers who enjoy the taste of cigars as well as the taste of liquor.
Hand-rolled flavored cigars:
Hand-rolled flavored cigars are handmade by skilled cigar rollers, using only the finest quality tobacco leaves. These products have a longer shelf life as compared to machine made flavored cigars and thus hold a larger market share in hand rolled cigar market. The growth of this segment is attributed to its usage by premium class smokers who look for an economical product with excellent taste and flavor.
Machine-made flavored cigars:
Machine-made flavored cigars are handmade by skilled artisans, using only the highest quality tobacco leaves. These products have a unique flavor and aroma created in small batches with no additives or fillers. Machine-made flavored cigars are available in mild to full body flavors including vanilla, chocolate, coffee, fruits (cherry & orange), spice ( cinnamon & pepper), and others.
Application Insights:
Supermarkets held the largest share of over 60.0% in 2017 owing to availability of a wide range of flavors and wide product placement across all major markets. Liquor flavored cigars are sold at supermarkets, convenience stores, online stores and other retail outlets such as military bases and cigar shops. Manufacturers are introducing new products with innovative packaging to attract consumers in supermarkets which is expected to drive the market growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017, with more than 50% share of the overall revenue. The U.S., being one of the most influential countries in terms of culture and tradition, has a large number of flavored cigar consumers across all age groups. Moreover, increasing demand for premium cigars due to their unique taste is driving growth across this region.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to growing awareness about these products among young population and increasing disposable income levels in developing economies including China and India. Furthermore, rising popularity for hand-rolled cigars due to their authentic taste will drive growth further on account of increased sales volume at lower prices as compared to machine-made ones offered by major manufacturers such as AJ Fernandez & Co., Inc.; Rocky Patel; Alec Bradley; Padron Cigar Co.; Don Pepin Garcia; Asylum Cigar Co.
Growth Factors:
- Increasing disposable income of the consumers: The disposable income of the consumers is increasing day by day, which is resulting in the increase in the demand for luxury products such as liquor flavored cigars.
- Changing lifestyle and fashion trends: The lifestyle and fashion trends are changing rapidly, which is resulting in the increase in demand for different types of cigars including liquor flavored cigars.
- Growing popularity of cigar smoking among young people: Cigar smoking is becoming popular among young people due to its trendy image. This is resulting in an increase in demand for liquor flavored cigars specifically targeting young adults.
- Availability of a wide variety of flavors: A wide variety of flavors are available for liquor flavored cigars, which is attracting more consumers towards this product category. This provides manufacturers with an opportunity to introduce new flavor variants to cater to specific taste preferences among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquor Flavored Cigar Market Research Report
By Type
Hand-rolled flavored cigars, Machine-made flavored cigars
By Application
Supermarkets, Convenience Stores, Online Stores, Others
By Companies
Imperial Brands., Gurkha Cigar., Rocky Patel, Davidoff, Miami Cigar, Oettinger Davidoff AG. , Altria Group, Inc., British American Tobacco, Drew Estate, Scandinavian Tobacco Group A/S., Agio Cigars.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Liquor Flavored Cigar Market Report Segments:
The global Liquor Flavored Cigar market is segmented on the basis of:
Types
Hand-rolled flavored cigars, Machine-made flavored cigars
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets, Convenience Stores, Online Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Imperial Brands.
- Gurkha Cigar.
- Rocky Patel
- Davidoff
- Miami Cigar
- Oettinger Davidoff AG.Â
- Altria Group, Inc.
- British American Tobacco
- Drew Estate
- Scandinavian Tobacco Group A/S.
- Agio Cigars.
Highlights of The Liquor Flavored Cigar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hand-rolled flavored cigars
- Machine-made flavored cigars
- By Application:
- Supermarkets
- Convenience Stores
- Online Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Liquor Flavored Cigar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Liquor flavored cigars are cigars that have been infused with liquor, such as vodka or whiskey.
Some of the key players operating in the liquor flavored cigar market are Imperial Brands., Gurkha Cigar., Rocky Patel, Davidoff, Miami Cigar, Oettinger Davidoff AG.‚Â , Altria Group, Inc., British American Tobacco, Drew Estate, Scandinavian Tobacco Group A/S., Agio Cigars..
The liquor flavored cigar market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Liquor Flavored Cigar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Liquor Flavored Cigar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Liquor Flavored Cigar Market - Supply Chain
4.5. Global Liquor Flavored Cigar Market Forecast
4.5.1. Liquor Flavored Cigar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Liquor Flavored Cigar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Liquor Flavored Cigar Market Absolute $ Opportunity
5. Global Liquor Flavored Cigar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Liquor Flavored Cigar Market Size and Volume Forecast by Type
5.3.1. Hand-rolled flavored cigars
5.3.2. Machine-made flavored cigars
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Liquor Flavored Cigar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Liquor Flavored Cigar Market Size and Volume Forecast by Application
6.3.1. Supermarkets
6.3.2. Convenience Stores
6.3.3. Online Stores
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Liquor Flavored Cigar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Liquor Flavored Cigar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Liquor Flavored Cigar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Liquor Flavored Cigar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Liquor Flavored Cigar Demand Share Forecast, 2019-2026
9. North America Liquor Flavored Cigar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Liquor Flavored Cigar Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Liquor Flavored Cigar Market Size and Volume Forecast by Application
9.4.1. Supermarkets
9.4.2. Convenience Stores
9.4.3. Online Stores
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Liquor Flavored Cigar Market Size and Volume Forecast by Type
9.7.1. Hand-rolled flavored cigars
9.7.2. Machine-made flavored cigars
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Liquor Flavored Cigar Demand Share Forecast, 2019-2026
10. Latin America Liquor Flavored Cigar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Liquor Flavored Cigar Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Liquor Flavored Cigar Market Size and Volume Forecast by Application
10.4.1. Supermarkets
10.4.2. Convenience Stores
10.4.3. Online Stores
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Liquor Flavored Cigar Market Size and Volume Forecast by Type
10.7.1. Hand-rolled flavored cigars
10.7.2. Machine-made flavored cigars
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Liquor Flavored Cigar Demand Share Forecast, 2019-2026
11. Europe Liquor Flavored Cigar Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Liquor Flavored Cigar Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Liquor Flavored Cigar Market Size and Volume Forecast by Application
11.4.1. Supermarkets
11.4.2. Convenience Stores
11.4.3. Online Stores
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Liquor Flavored Cigar Market Size and Volume Forecast by Type
11.7.1. Hand-rolled flavored cigars
11.7.2. Machine-made flavored cigars
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Liquor Flavored Cigar Demand Share, 2019-2026
12. Asia Pacific Liquor Flavored Cigar Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Liquor Flavored Cigar Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Liquor Flavored Cigar Market Size and Volume Forecast by Application
12.4.1. Supermarkets
12.4.2. Convenience Stores
12.4.3. Online Stores
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Liquor Flavored Cigar Market Size and Volume Forecast by Type
12.7.1. Hand-rolled flavored cigars
12.7.2. Machine-made flavored cigars
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Liquor Flavored Cigar Demand Share, 2019-2026
13. Middle East & Africa Liquor Flavored Cigar Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Liquor Flavored Cigar Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Liquor Flavored Cigar Market Size and Volume Forecast by Application
13.4.1. Supermarkets
13.4.2. Convenience Stores
13.4.3. Online Stores
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Liquor Flavored Cigar Market Size and Volume Forecast by Type
13.7.1. Hand-rolled flavored cigars
13.7.2. Machine-made flavored cigars
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Liquor Flavored Cigar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Liquor Flavored Cigar Market: Market Share Analysis
14.2. Liquor Flavored Cigar Distributors and Customers
14.3. Liquor Flavored Cigar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Imperial Brands.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gurkha Cigar.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rocky Patel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Davidoff
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Miami Cigar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oettinger Davidoff AG.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Altria Group, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. British American Tobacco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Drew Estate
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Scandinavian Tobacco Group A/S.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Agio Cigars.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
