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India Cigars and Cigarillos Market to Surpass US$ 3,948.01 Thousand by 2028

India Cigars and Cigarillos Market to Surpass US$ 3,948.01 Thousand by 2028 - Coherent Market Insights

Publish On: Dec 13, 2021

The India cigars and cigarillos market was valued at US$ 2,887.5 thousand in 2021, by Product Type (Cigars, Cigarillos, and Little Cigars), by Flavor (Tobacco/No Flavor and Flavored), by Category (Mass and Premium), By Size (4.01 to 5 Inch, 5.01 to 6 inch, 6.01 to 7 Inch, 7 Inch and More), and By Sales Channel (Duty Free Retails and Conventional Stores), published by Coherent Market Insights.

The India cigars and cigarillos market is expected to surpass US$ 3,948.01 thousand by 2028, exhibiting a CAGR of 4.5% during the forecast period (2021-2028). The growth of the cigars and cigarillos market is expected to be driven by growth of the increasing disposable income and changing lifestyle of the Indian population. For instance according to Coherent Market Insights analysis, the net disposable income in India grew from US$ 6.73 Bn in 2018 to US$ 23.68 Bn in 2019.  

To know the latest trends and insights prevalent in this market, click the link below:

Browse 40 market data tables* and 50 figures* on ‘Cigars and Cigarillos Market’ - India Forecast to 2028.

Key Takeaways of the Cigars and Cigarillos Market:

  • Among category, mass segment held the largest revenue share of 79.7% in the India cigars and cigarillos market in 2020. Mass cigar & cigarillos are generally machine-made and are produced by wrapping or rolling tobacco in tobacco leaves. The vast majority of machine-made cigars are made with homogenized tobacco leaf wrappers or binders.
  • Major players operating in the India cigars and cigarillos market include AJF Cigars, Boutique Blends Cigars, Fenn Thompson & Co. Royal Cigar Works, Gurkha Cigar Group, Imperial Brands, Joya De Nicaragua, S.A., Scandinavian Tobacco Group, Swedish Match AB, and Swisher.

India Cigars and Cigarillos Market - Impact of Coronavirus (COVID-19) Pandemic

  • The Indian market of cigars and cigarillos was negatively impacted due to the ongoing COVID-19 pandemic. The price of the tobacco-related products increased in India during the lockdown and due to prohibition of sale. Accessibility to cigars & cigarillos were severely impacted during the lockdown. The government had also put restrictions on social gatherings, which again halted any events organized by the cigar clubs.

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