Market Overview:
The global machine made cigars market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for machine made cigars from male and female smokers across the globe. Additionally, the growing popularity of flavored machine made cigars is also propelling the growth of this market. Regionally, North America dominates the global machine made cigars market, followed by Latin America and Europe. Asia Pacific is projected to be the fastest-growing region during the forecast period owing to rising disposable income levels and changing lifestyles in countries such as China and India.
Product Definition:
Machine Made Cigars are cigars that are made by machines. They are typically lower quality than hand-made cigars, and are less expensive.
Robust:
Robust is a blend of different filler and binder types. It can be used as an everyday smoke or for special occasions. The blend has been designed to appeal to a wide range of customers, from new smokers who are looking for an easy smoking experience, through intermediate and experienced smokers who want a taste treat.
It has the right amount of everything - strength, flavor, body and complexity - which makes it stand out among other machine made cigars on the market today.
Corona:
Corona is a machine made cigar that was launched by Rocky Patel in 2005. It has been considered as one of the most popular machine-made cigar brands due to its smooth taste and easy draw. Corona’s popularity among consumers has led it to be considered as one of the top 5 machine-made cigar brands globally, along with Java, Acid, and Trovita.
Application Insights:
The male smokers segment held the largest market share of more than 50% in 2017. The application of machine made cigars has witnessed a rise among male smokers as they are seen to be more cost-effective and provide satisfaction owing to better smoking experience. In addition, demand for machine-made cigars is increasing among adult males in emerging economies due to growing preference for non-tobacco products over the past few years.
The female smokers segment is expected to witness the fastest growth rate over the forecast period owing to increased awareness regarding health hazards associated with second hand tobacco smoke and growing concerns about domestic violence against women. In addition, demand for machine made cigars is also increasing among female smoker¢â‚¬â„¢s groups across various parts of the world due largely on social media platforms which have been promoting these products positively since past few years now that it has become easier than ever before through online channels such as YouTube, blog pages etc.
Regional Analysis:
Asia Pacific dominated the global machine made cigars market in 2017. The region is expected to witness a significant growth rate of 5.9% from 2018 to 2030 owing to increasing demand for premium cigars in countries such as China, India, and Japan. Furthermore, rising disposable income levels are anticipated to fuel the regional product demand over the forecast period.
North America held a substantial share of nearly 30% in terms of revenue and is expected to register considerable growth over the next eight years owing smoking habits changing among male population especially younger ones who prefer flavored tobacco sticks rather than flavored cigarettes or cigarillos which are manufactured with machine made wrapping paper and foil products that impart an artificial taste.
Growth Factors:
- Increasing demand for premium cigars: There is a growing demand for premium cigars, which is expected to drive the growth of the machine made cigars market. This can be attributed to the increasing disposable income of consumers and their preference for high-quality products.
- Rising popularity of cigar lounges: Cigar lounges are gaining in popularity, especially among millennials, and this is expected to boost the sales of machine made cigars. These lounges offer an ideal setting for enjoying a cigar and provide smokers with access to a wide variety of brands and flavors.
- Growing awareness about the health benefits of smoking cigars: There is a growing awareness about the health benefits associated with smoking cigars, which is likely to fuel demand for machine made cigars in the coming years. Cigars are considered less harmful than cigarettes as they contain lower levels of nicotine and tar.
Scope Of The Report
Report Attributes
Report Details
Report Title
Machine Made Cigars Market Research Report
By Type
Robust, Corona, Double corona,
By Application
Male Smokers, Female Smokers,
By Companies
Imperial Tobacco Group, Swedish Match, Swisher International, Scandinavian Tobacco Group, Altria Group, Habanos, Agio Cigars, J. Cortès cigars, China Tobacco, Burger Group
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Machine Made Cigars Market Report Segments:
The global Machine Made Cigars market is segmented on the basis of:
Types
Robust, Corona, Double corona,
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
Male Smokers, Female Smokers,
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 Tobacco Group
- Swedish Match
- Swisher International
- Scandinavian Tobacco Group
- Altria Group
- Habanos
- Agio Cigars
- J. Cortès cigars
- China Tobacco
- Burger Group
Highlights of The Machine Made Cigars 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:
- Robust
- Corona
- Double corona
- By Application:
- Male Smokers
- Female Smokers
- 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 Machine Made Cigars 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?
Machine-made cigars are cigars that have been made by a machine, rather than by hand.
Some of the major players in the machine made cigars market are Imperial Tobacco Group, Swedish Match, Swisher International, Scandinavian Tobacco Group, Altria Group, Habanos, Agio Cigars, J. CortƒÂ¨s cigars, China Tobacco, Burger Group.
The machine made cigars 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. Machine Made Cigars 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. Machine Made Cigars Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Machine Made Cigars Market - Supply Chain
4.5. Global Machine Made Cigars Market Forecast
4.5.1. Machine Made Cigars Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Machine Made Cigars Market Size (000 Units) and Y-o-Y Growth
4.5.3. Machine Made Cigars Market Absolute $ Opportunity
5. Global Machine Made Cigars 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. Machine Made Cigars Market Size and Volume Forecast by Type
5.3.1. Robust
5.3.2. Corona
5.3.3. Double corona
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Machine Made Cigars 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. Machine Made Cigars Market Size and Volume Forecast by Application
6.3.1. Male Smokers
6.3.2. Female Smokers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Machine Made Cigars 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. Machine Made Cigars 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 Machine Made Cigars 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. Machine Made Cigars 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 Machine Made Cigars Demand Share Forecast, 2019-2026
9. North America Machine Made Cigars 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 Machine Made Cigars 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 Machine Made Cigars Market Size and Volume Forecast by Application
9.4.1. Male Smokers
9.4.2. Female Smokers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Machine Made Cigars Market Size and Volume Forecast by Type
9.7.1. Robust
9.7.2. Corona
9.7.3. Double corona
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 Machine Made Cigars Demand Share Forecast, 2019-2026
10. Latin America Machine Made Cigars 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 Machine Made Cigars 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 Machine Made Cigars Market Size and Volume Forecast by Application
10.4.1. Male Smokers
10.4.2. Female Smokers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Machine Made Cigars Market Size and Volume Forecast by Type
10.7.1. Robust
10.7.2. Corona
10.7.3. Double corona
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 Machine Made Cigars Demand Share Forecast, 2019-2026
11. Europe Machine Made Cigars 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 Machine Made Cigars 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 Machine Made Cigars Market Size and Volume Forecast by Application
11.4.1. Male Smokers
11.4.2. Female Smokers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Machine Made Cigars Market Size and Volume Forecast by Type
11.7.1. Robust
11.7.2. Corona
11.7.3. Double corona
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potentia 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 Machine Made Cigars Demand Share, 2019-2026
12. Asia Pacific Machine Made Cigars 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 Machine Made Cigars 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 Machine Made Cigars Market Size and Volume Forecast by Application
12.4.1. Male Smokers
12.4.2. Female Smokers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Machine Made Cigars Market Size and Volume Forecast by Type
12.7.1. Robust
12.7.2. Corona
12.7.3. Double corona
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 Machine Made Cigars Demand Share, 2019-2026
13. Middle East & Africa Machine Made Cigars 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 Machine Made Cigars 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 Machine Made Cigars Market Size and Volume Forecast by Application
13.4.1. Male Smokers
13.4.2. Female Smokers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Machine Made Cigars Market Size and Volume Forecast by Type
13.7.1. Robust
13.7.2. Corona
13.7.3. Double corona
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 Machine Made Cigars Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Machine Made Cigars Market: Market Share Analysis
14.2. Machine Made Cigars Distributors and Customers
14.3. Machine Made Cigars Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Imperial Tobacco Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Swedish Match
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Swisher International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Scandinavian Tobacco Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Altria Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Habanos
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Agio Cigars
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. J. Cortès cigars
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. China Tobacco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Burger Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
