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Handmade Cigars Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Scandinavian Tobacco Group A/S (Copenhagen :STG.CO), Habanos, Agio Cigars, J. Cortès cigars

23 Mar, 2022 | 95 Pages
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Handmade Cigars market will register a 3.7% CAGR in terms of revenue, the global market size will reach $ 1951 million by 2027, from $ 1684.9 million in 2021.



Handmade Cigars Market Overview



The consideration of cigar as a mesmerizing hobby and pastime is growing in admiration for the product. The introduction of different categories of cigar flavors such as vanilla, wine, chocolate, and other help to capture the attention of younger generation to consume the product. According to the data released by the Center for Disease and Control Prevention, in 2018, 4.9% of the adult population and 8% of the male population are considered to be consuming cigar in the United States. Additionally, several manufacturers are adopting better marketing strategies and are manufacturing the product at an affordable price which is helping to generate an excessive sale. Furthermore, more luxurious hotel use cigar as a welcome gift for their tobacco smoking guest to create a loyal guest assistance to raise the supplies of the product.he innovation of electronic cigars which comes with a rechargeable system and has the ability to be filled with cigar tobacco also acts as an opportunity for the growth of the market. For instance the launch of eKaiser which is rechargeable and comes with 3 x Gold Cigar Flavour E-cigar will help to raise the future market development.



Industry News



SWISHER’S RESPONSE TO THE FDA PROPOSAL OF A TOBACCO PRODUCT STANDARD TO BAN CHARACTERIZING FLAVORS IN CIGARS



Jacksonville, FL (April 28, 2022) – (BUSINESS WIRE):  Today, Swisher issued the following statement in response to FDA’s announcements:



The Food and Drug Administration is moving forward with a proposed product standard regarding characterizing flavors in cigars despite a near-vacuum of scientific evidence to support this decision.  FDA’S announcement today is only a proposed rule and must go through a lengthy comment and approval process before it can be enacted.  Given this, Swisher will continue business as usual.  Our entire portfolio remains available for us to market and sell to our adult consumers.



The evidence that does exist shows moderate consumption by a small cohort of adults and historically low youth usage. Based on the government’s own studies, youth usage of cigars has been declining for years and is at an all-time low.  Furthermore, insufficient time has passed to determine whether raising the minimum age of purchase to 21, which was promoted as a tool to further impact and mitigate youth usage of all tobacco products, will effectively reduce these already low numbers.



What are the major Applications, Types and Regions for Handmade Cigars Market?



Handmade Cigars Market is segmented based on the type, applications, companies and regions.



By Type, Handmade Cigars Market has been segmented into 




  • >6.5 Inches

  • 5-6.5 Inches

  • <5 Inches

  • Others



By Application on Handmade Cigars Market are, 




  • Male Smokers

  • Female Smokers

  • Others



Handmade Cigars Market Regional Analysis



North America is projected to be the dominating region during the forecast period 2019-2026. The increasing import of cigars to this region helps to raise the consumption level. For instance, according to the data recorded by the Cigar Association of America, in 2017 around 330 million sticks were distributed to the U.S., which is considered as the largest import year in nearly two decades. Additionally, the region having manufacturers like Willy Cigars, Cuban Cigar Factor, Gran Havana Cigar Factory, Casa De Palma Cigar.co, and others who are trying hard to produce the finest cigars act as a flourishing factor which helps to drive more sales for the market growth.



Europe is estimated to show a strong presence during the coming years on an account of the progression of globalization more stores in this region are taking in cigars from different part of the world which assist generate more consumption of the product. For instance, according to the data published by the World Health Organisation, Europe has the highest occurrence of tobacco smoking adults with 28% and also has some of the highest adolescent tobacco consumers. Additionally, the increasing growth of women tobacco consumers in different countries of Europe like the United Kingdom, Italy, Spain, France, and others also acts as a flourishing factor for the rise in demand of the product. According to the data released by the Office for National Statistics,13% of the women population in the United Kingdom are estimated to smoke tobacco.



What is our Handmade Cigars Market report scope?



























































Report Attributes



Report Details



Report Title



Handmade Cigars Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Imperial Tobacco Group, Swisher International, Scandinavian Tobacco Group, Habanos



Forecast Period 2022 to 2028 CAGR



CAGR of 3.7% during the review period (2022 to 2027).



By Type




  • >6.5 Inches

  • 5-6.5 Inches

  • <5 Inches

  • Others



By Application




  • Male Smokers

  • Female Smokers

  • Others



By Companies



Imperial Tobacco Group, Swisher International, Scandinavian Tobacco Group, Habanos, Agio Cigars, J. Cortès cigars, Oettinger Davidoff, Plasencia Cigars, China Tobacco and others.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



95



Customization Available



Yes, the report can be customized as per your needs






    



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Handmade Cigars Report




  • Evaluate Handmade Cigars market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Handmade Cigars market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



FAQ -



What is the study period of this market?



The Handmade Cigars Market is studied from 2017 - 2027.



 What is the growth rate of Handmade Cigars Market?



The Handmade Cigars Market is growing at a CAGR of 3.7% over the next 5 years.



What regions does this Handmade Cigars Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. Handmade Cigars Introduction and Market Overview

    1. Objectives of the Study

    2. Overview of Handmade Cigars

    3. Scope of The Study

      1. Key Market Segments

      2. Players Covered

      3. COVID-19's impact on the Handmade Cigars industry



    4. Methodology of The Study

    5. Research Data Source



  2. Executive Summary

    1. Market Overview

      1. Global Handmade Cigars Market Size, 2016 to 2021

      2. Global Handmade Cigars Market Size by Type, 2016 to 2021

      3. Global Handmade Cigars Market Size by Application, 2016 to 2021

      4. Global Handmade Cigars Market Size by Region, 2016 to 2021



    2. Business Environment Analysis

      1. Global COVID-19 Status and Economic Overview

      2. Influence of COVID-19 Outbreak on Handmade Cigars Industry Development





  3. Industry Chain Analysis

    1. Upstream Raw Material Suppliers of Handmade Cigars Analysis

    2. Major Players of Handmade Cigars

    3. Handmade Cigars Manufacturing Cost Structure Analysis

      1. Production Process Analysis

      2. Manufacturing Cost Structure of Handmade Cigars

      3. Labor Cost of Handmade Cigars



    4. Market Distributors of Handmade Cigars

    5. Major Downstream Buyers of Handmade Cigars Analysis

    6. The Impact of Covid-19 From the Perspective of Industry Chain

    7. Regional Import and Export Controls Will Exist for a Long Time

    8. Continued downward PMI Spreads Globally



  4. Global Handmade Cigars Market, by Type

    1. Global Handmade Cigars Value and Market Share by Type (2016 - 2021)

    2. Global Handmade Cigars Production and Market Share by Type (2016 - 2021)

    3. Global Handmade Cigars Value and Growth Rate by Type (2016 - 2021)

      1. Global Handmade Cigars Value and Growth Rate of >6.5 Inches

      2. Global Handmade Cigars Value and Growth Rate of 5-6.5 Inches

      3. Global Handmade Cigars Value and Growth Rate of <5 Inches

      4. Global Handmade Cigars Value and Growth Rate of Other



    4. Global Handmade Cigars Price Analysis by Type (2016 - 2021)



  5. Handmade Cigars Market, by Application

    1. Downstream Market Overview

    2. Global Handmade Cigars Consumption and Market Share by Application (2016 - 2021)

    3. Global Handmade Cigars Consumption and Growth Rate by Application (2016 - 2021)

      1. Male Smokers Global Handmade Cigars Consumption and Growth Rate (2016-2021)

      2. Female Smokers Global Handmade Cigars Consumption and Growth Rate (2016-2021)





  6. Global Handmade Cigars Market Analysis by Regions

    1. Global Handmade Cigars Sales, Revenue and Market Share by Regions

      1. Global Handmade Cigars Sales by Regions (2016 - 2021)

      2. Global Handmade Cigars Revenue by Regions (2016 - 2021)



    2. North America Handmade Cigars Sales and Growth Rate (2016 - 2021)

    3. Europe Handmade Cigars Sales and Growth Rate (2016 - 2021)

    4. Asia-Pacific Handmade Cigars Sales and Growth Rate (2016 - 2021)

    5. Middle East and Africa Handmade Cigars Sales and Growth Rate (2016 - 2021)

    6. South America Handmade Cigars Sales and Growth Rate (2016 - 2021)



  7. North America Handmade Cigars Market Analysis by Countries

    1. The Influence of COVID-19 on North America Market

    2. North America Handmade Cigars Sales, Revenue and Market Share by Countries

      1. North America Handmade Cigars Sales by Countries (2016 - 2021)

      2. North America Handmade Cigars Revenue by Countries (2016 - 2021



    3. United States Handmade Cigars Sales and Growth Rate (2016 - 2021)

    4. Canada Handmade Cigars Sales and Growth Rate (2016 - 2021)

    5. Mexico Handmade Cigars Sales and Growth Rate (2016 - 2021)



  8. Europe Handmade Cigars Market Analysis by Countries

    1. The Influence of COVID-19 on Europe Market

    2. Europe Handmade Cigars Sales, Revenue and Market Share by Countries

      1. Europe Handmade Cigars Sales by Countries (2016 - 2021)

      2. Europe Handmade Cigars Revenue by Countries (2016 - 2021)



    3. Germany Handmade Cigars Sales and Growth Rate (2016 - 2021)

    4. UK Handmade Cigars Sales and Growth Rate (2016 - 2021)

    5. France Handmade Cigars Sales and Growth Rate (2016 - 2021)

    6. Italy Handmade Cigars Sales and Growth Rate (2016 - 2021)

    7. Spain Handmade Cigars Sales and Growth Rate (2016 - 2021)

    8. Russia Handmade Cigars Sales and Growth Rate (2016 - 2021)



  9. Asia Pacific Handmade Cigars Market Analysis by Countries

    1. The Influence of COVID-19 on Asia Pacific Market

    2. Asia Pacific Handmade Cigars Sales, Revenue and Market Share by Countries

      1. Asia Pacific Handmade Cigars Sales by Countries (2016 - 2021)

      2. Asia Pacific Handmade Cigars Revenue by Countries (2016 - 2021)



    3. China Handmade Cigars Sales and Growth Rate (2016 - 2021)

    4. Japan Handmade Cigars Sales and Growth Rate (2016 - 2021)

    5. South Korea Handmade Cigars Sales and Growth Rate (2016 - 2021)

    6. India Handmade Cigars Sales and Growth Rate (2016 - 2021)

    7. Southeast Asia Handmade Cigars Sales and Growth Rate (2016 - 2021)

    8. Australia Handmade Cigars Sales and Growth Rate (2016 - 2021)



  10. Middle East and Africa Handmade Cigars Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. Middle East and Africa Handmade Cigars Sales, Revenue and Market Share by Countries

      1. Middle East and Africa Handmade Cigars Sales by Countries (2016 - 2021)

      2. Middle East and Africa Handmade Cigars Revenue by Countries (2016 - 2021)


      Application_List

    3. Saudi Arabia Handmade Cigars Sales and Growth Rate (2016 - 2021)

    4. UAE Handmade Cigars Sales and Growth Rate (2016 - 2021)

    5. Egypt Handmade Cigars Sales and Growth Rate (2016 - 2021)

    6. Nigeria Handmade Cigars Sales and Growth Rate (2016 - 2021)

    7. South Africa Handmade Cigars Sales and Growth Rate (2016 - 2021)



  11. South America Handmade Cigars Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. South America Handmade Cigars Sales, Revenue and Market Share by Countries

      1. South America Handmade Cigars Sales by Countries (2016 - 2021)

      2. South America Handmade Cigars Revenue by Countries (2016 - 2021)



    3. Brazil Handmade Cigars Sales and Growth Rate (2016 - 2021)

    4. Argentina Handmade Cigars Sales and Growth Rate (2016 - 2021)

    5. Columbia Handmade Cigars Sales and Growth Rate (2016 - 2021)

    6. Chile Handmade Cigars Sales and Growth Rate (2016 - 2021)



  12. Competitive Landscape

    1. Imperial Tobacco Group

      1. Imperial Tobacco Group Basic Information

      2. Handmade Cigars Product Introduction

      3. Imperial Tobacco Group Production, Value, Price, Gross Margin 2016 - 2021



    2. Swisher International

      1. Swisher International Basic Information

      2. Handmade Cigars Product Introduction

      3. Swisher International Production, Value, Price, Gross Margin 2016 - 2021



    3. Scandinavian Tobacco Group

      1. Scandinavian Tobacco Group Basic Information

      2. Handmade Cigars Product Introduction

      3. Scandinavian Tobacco Group Production, Value, Price, Gross Margin 2016 - 2021



    4. Habanos

      1. Habanos Basic Information

      2. Handmade Cigars Product Introduction

      3. Habanos Production, Value, Price, Gross Margin 2016 - 2021



    5. Agio Cigars

      1. Agio Cigars Basic Information

      2. Handmade Cigars Product Introduction

      3. Agio Cigars Production, Value, Price, Gross Margin 2016 - 2021



    6. J. Cortez Cigars

      1. J. Cortez Cigars Basic Information

      2. Handmade Cigars Product Introduction

      3. J. Cortez Cigars Production, Value, Price, Gross Margin 2016 - 2021



    7. Oettinger Davidoff

      1. Oettinger Davidoff Basic Information

      2. Handmade Cigars Product Introduction

      3. Oettinger Davidoff Production, Value, Price, Gross Margin 2016 - 2021



    8. Plasencia Cigars

      1. Plasencia Cigars Basic Information

      2. Handmade Cigars Product Introduction

      3. Plasencia Cigars Production, Value, Price, Gross Margin 2016 - 2021



    9. China Tobacco

      1. China Tobacco Basic Information

      2. Handmade Cigars Product Introduction

      3. China Tobacco Production, Value, Price, Gross Margin 2016 - 2021





  13. Industry Outlook

    1. Market Driver Analysis

      1. Market Restraints Analysis

      2. Market Trends Analysis



    2. Merger, Acquisition and New Investment

    3. News of Product Release



  14. Global Handmade Cigars Market Forecast

    1. Global Handmade Cigars Market Value & Volume Forecast, by Type (2021 - 2025)

      1. Global Handmade Cigars Value and Growth Rate of >6.5 Inches

      2. Global Handmade Cigars Value and Growth Rate of 5-6.5 Inches

      3. Global Handmade Cigars Value and Growth Rate of <5 Inches



    2. Global Handmade Cigars Market Value & Volume Forecast, by Application (2021 - 2025)

      1. Male Smokers Global Handmade Cigars Consumption and Growth Rate (2021-2025)

      2. Female Smokers Global Handmade Cigars Consumption and Growth Rate (2021-2025)



    3. Handmade Cigars Market Analysis and Forecast by Region

      1. North America Market Value and Consumption Forecast (2021 - 2025)

      2. Asia Pacific Market Value and Consumption Forecast (2021 - 2025)

      3. Middle East and Africa Market Value and Consumption Forecast (2021 - 2025)

      4. South America Market Value and Consumption Forecast (2021 - 2025)





  15. New Project Feasibility Analysis

    1. Industry Barriers and New Entrants SWOT Analysis

      1. Porter's Five Forces Analysis

      2. New Entrants SWOT Analysis



    2. Analysis and Suggestions on New Project Investment





 

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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