Cigars - India
India- The revenue generated in the Cigars market in India is projected to reach US$626.9k in 2024.
- It is anticipated that the market will experience an annual growth rate of 22.83% from 2024 to 2029.
- When compared to other countries worldwide, United States leads in terms of revenue, with a staggering US$13bn in 2024.
- In relation to the total population, per person revenues in India's Cigars market are estimated to be US$0.00 in 2024.
- Looking ahead to 2029, the volume in the Cigars market is expected to reach 6.1m pieces.
- Additionally, there is a projected volume growth of 20.0% in 2025.0.
- The average volume per person in the Cigars market is predicted to be 0.0pieces in 2024.
- India's cigar market is experiencing a resurgence, with a growing demand for premium and hand-rolled cigars among the country's affluent population. However, the market is still low compared to the other countries, due to the availability of a wide variety of alternatives.
Definition:
Cigars are rolled bundles of dried and cured tobacco leaves that vary widely in size and shape, from cigarette-like cigarillos to bulging "Churchills" or "Gordos" which can measure up to 20 centimetres. Relatively low-priced Cigarillos compete in some markets with traditional cigarettes for quick nicotine-rushes while the bigger variants which take longer to smoke are a luxury item that are mostly consumed in a more leisurely way at home or on special occasions. Originating in the Americas, cigar tobacco today is still grown mostly in Central America and the Caribbean, as well as the United States, the Philippines and Indonesia. The global cigar industry is dominated by Imperial Brand's subsidiary Altadis and the Scandinavian Tobacco Group.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, and sales channels. To give a better representation of per capita figures, the population considered is 15 years and above. The price per unit denotes the cost of a single cigar.
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In-Scope
- Cigars such as Davidoff Nicaragua Diadema, Rock Patel Sixty Sixty, etc
- Cigarillos such as Al Capone, Black & Mild, Backwoods, etc
Out-Of-Scope
- Untaxed Cigars and cigarillos which are illegally sold
- (Filter) Cigarettes such as Marlboro Reds, Marlboro Golds, Camel Blues, etc
- Smoking Tobacco such as Marlboro Gold Fine Cut Hand Rolling Tobacco, Gold Leaf Hand Rolling Tobacco, etc
