Flavored Cigar Market Outlook, Development and Opportunity, Forecast to 2018-2023

Posted May 20, 2019 by Market_Updates

Machine-made flavored cigars and hand-rolled flavored cigars are the product types that could be explored in flavored cigar market in the forecast period. 
May 20, 2019 — 20 May 2019 - Global Flavored Cigar Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. These cigars are available in several flavors and tastes and in a wide range of brands like from Backwoods to Swisher Sweets, ACID, and white owl. The flavors cover the natural harshness and taste of tobacco, making commencement easier for young smokers.

The factors that are playing a major role in the growth of the market are the growing demand from young consumers, the high demand for limited edition flavored cigars and fusion of flavors cigars, and the growing demand from developing countries. However, the strict government policy against use of flavored cigars may restrain the overall market in the years to come. The market is segmented based on flavor type, product type, distribution channel, and region. Peach, cherry, sour apple, wine, strawberry, vanilla, pink berry, chocolate, grape, and other flavor types could be explored in a flavored cigar market in the forecast period.

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Global Flavored Cigar market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

General Cigar
Drew Estate
Gurkha Cigars
Imperial Tobacco
Miami Cigar
Arnold Andre
Avanti Cigar
Oliva Cigar Family and more…
Market segment by Type, the product can be split into

Hand-rolled Flavored Cigar
Machine-made Flavored Cigar
The machine-made cigars sector may accounted for the substantial market share of flavored cigar and is estimated to lead the overall market in the years to come. Also, the sector is estimated to continue its dominance in the years to come. The reason could be the growing young populace preferring flavored cigars, cost-efficient, and the availability in several flavors.

Market segment by Application, the product can be split into

Online Retailers
Off-Line Retailers
Based on the distribution channel, retail stores, online channels, specialty stores, and others could be explored in the market in the forecast period. The retail sector accounted for the substantial share of flavored cigar market and is estimated to lead the overall market in the years to come. Also, the online channel is estimated to grow at the fastest pace in the years to come.

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Globally, North America accounted for the substantial share of flavored cigar industry and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the increasing interest of youngsters for flavored cigars, the presence of key manufacturers in the region, and the rising disposable income. The United States and Canada are the major consumers of a flavored cigar in this region.

Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of flavored cigar in this region. The reason could be the changing lifestyle and rapid urbanization.

Table of Contents

1 Market Overview

1.1 Flavored Cigar Introduction

1.2 Market Analysis by Type

1.2.1 Hand-rolled Flavored Cigar

1.2.2 Machine-made Flavored Cigar

1.3 Market Analysis by Applications

1.3.1 Online Retailers

1.3.2 Off-Line Retailers

1.4 New Project SWOT Analysis of Flavored Cigar

1.5 Industry News Analysis of Flavored Cigar

2 Industrial Chain Analysis

2.1 Industry Chain Structure of Flavored Cigar

2.2 Raw Material Analysis of Flavored Cigar

2.2.1 Raw Material A Market Analysis

2.2.2 Raw Material B Market Analysis

2.2.3 Raw Material C Market Analysis

2.3 Labor Cost Analysis of Flavored Cigar

2.4 Other Costs Analysis of Flavored Cigar

2.5 Manufacturing Cost Structure Analysis of Flavored Cigar

2.6 Manufacturing Process Analysis of Flavored Cigar

2.7 Raw Materials Sources of Flavored Cigar Major Manufacturers in 2017

2.8 Downstream Buyers of Flavored Cigar

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Contact Email [email protected]
Issued By Million Inights
Country India
Categories Business , Consumer , Industry
Tags Consumer Goods , Flavored Cigar Market
Last Updated May 20, 2019