Luxury Cigars Market Industry Outlook, Opportunities in Market And Expansion By 2032

Luxury Cigars Global Market Report 2023

Market Size, Trends and Global Forecast 2023-2032

Luxury Cigars Market Definition

A luxury cigar is a tobacco leaf bundle that has been fermented, dried, and rolled into a royal, sumptuous, cylindrical shape for smoking. These cigars are 7 inches long and contain 5 to 20 grams of tobacco. It is created completely by hand from all-natural tobacco leaf, manually built, and wrapped.

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Luxury Cigars Market Characteristics

The global luxury cigars market size grew from $12.72 billion in 2022 to $12.13 billion in 2023 at a compound annual growth rate (CAGR) of -4.6%. The luxury cigars market is expected to grow from $11.26 billion in 2027 at a CAGR of -1.8%.

Luxury Cigars Market Segments

The report covers the luxury cigars market’s segments-

Major companies in the market include

Key Market Players

Imperial Brands

Swedish Match Click

Swisher International

Scandinavian Tobacco Group

Agio Cigars

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