Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Product Type (Mass, Premium), By Flavour (Tobacco/No Flavor, Flavored) And Competitive Landscape
Product Code: ETC436011 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe Cigar And Cigarillos Market is projected to grow in the forthcoming years. The rise in demand for premium cigars owing to the growth in the luxury segment is likely to drive the Europe Cigar And Cigarillos Market growth. The growth of the cigar and cigarillos market is attributed to increasing consumption among people across the region, favourable socio-economic trends such as an increasing number of retirements in senior population segments and an increase in disposable incomes. However, unfavourable weather conditions such as increased inclement weather events are perceived to be limiting the growth potential of the Europe Cigar And Cigarillos Market.
According to 6Wresearch, Europe Cigar And Cigarillos Market is expected to grow during 2022-2028. The Europe Cigar And Cigarillos Industry is witnessing growth in the impending years on the back of population growth, increased disposable income and increasing awareness about smoking alternatives. The Europe cigar and cigarillos market is expected to grow at a CAGR of XX% during the forecast period mainly driven by increasing consumer spending on premium cigars and increasing demand from the growing population in emerging economies. However, high taxes and regulations on tobacco products in some European countries are hampering consumer demand for cigars. Additionally, there is a growing trend among young adults in Europe to adopt alternative smoking habits, such as e-cigarettes, which could reduce demand for cigars in the future.
The Covid-19 pandemic had a profound impact on the Europe Cigar And Cigarillos Market as consumption of these products has declined entirely as consumers have become more health conscious and concerned about the potential risks of smoking. Additionally, many countries have imposed strict restrictions on the sale and consumption of tobacco products, further corroding demand for cigars and cigarillos. Consequently, producers have been forced to cut production levels and prices were increased amid the pandemic.
According to Countries, the market is segmented into Germany, United Kingdom, France, Italy, Russia, Spain, and Rest Of Europe. United Kingdom is the leading country to dominate the Europe Cigar And Cigarillos Market share.
Based on Product Type, the market is segmented into Mass and Premium. Both are growing at tremendous rate during the forecast period.
In terms of Flavor, the market is bifurcated into Tobacco/No Flavor and Flavored. The Tobacco/No Flavor is dominating the Europe Cigar And Cigarillos Market share during the forecast period.
Europe has been a major player in the cigar and cigarillos market. The continent is home to many top-rated cigar brands that have created a global name for themselves and their cigars. The Europe Cigar And Cigarillos Market size is expected to grow at rapid pace rate during the forecast period. Moreover, the key players in the industry are looking forward to several growth prospects.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Cigar and Cigarillos Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Cigar and Cigarillos Market Revenues & Volume, 2021 & 2028F |
3.3 Europe Cigar and Cigarillos Market - Industry Life Cycle |
3.4 Europe Cigar and Cigarillos Market - Porter's Five Forces |
3.5 Europe Cigar and Cigarillos Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 Europe Cigar and Cigarillos Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.7 Europe Cigar and Cigarillos Market Revenues & Volume Share, By Flavour, 2021 & 2028F |
4 Europe Cigar and Cigarillos Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Cigar and Cigarillos Market Trends |
6 Europe Cigar and Cigarillos Market, 2018 - 2028 |
6.1 Europe Cigar and Cigarillos Market, Revenues & Volume, By Product Type, 2018 - 2028 |
6.2 Europe Cigar and Cigarillos Market, Revenues & Volume, By Flavour, 2018 - 2028 |
7 Germany Cigar and Cigarillos Market, 2018 - 2028 |
7.1 Germany Cigar and Cigarillos Market, Revenues & Volume, By Product Type, 2018 - 2028 |
7.2 Germany Cigar and Cigarillos Market, Revenues & Volume, By Flavour, 2018 - 2028 |
8 United Kingdom Cigar and Cigarillos Market, 2018 - 2028 |
8.1 United Kingdom Cigar and Cigarillos Market, Revenues & Volume, By Product Type, 2018 - 2028 |
8.2 United Kingdom Cigar and Cigarillos Market, Revenues & Volume, By Flavour, 2018 - 2028 |
9 France Cigar and Cigarillos Market, 2018 - 2028 |
9.1 France Cigar and Cigarillos Market, Revenues & Volume, By Product Type, 2018 - 2028 |
9.2 France Cigar and Cigarillos Market, Revenues & Volume, By Flavour, 2018 - 2028 |
10 Italy Cigar and Cigarillos Market, 2018 - 2028 |
10.1 Italy Cigar and Cigarillos Market, Revenues & Volume, By Product Type, 2018 - 2028 |
10.2 Italy Cigar and Cigarillos Market, Revenues & Volume, By Flavour, 2018 - 2028 |
11 Russia Cigar and Cigarillos Market, 2018 - 2028 |
11.1 Russia Cigar and Cigarillos Market, Revenues & Volume, By Product Type, 2018 - 2028 |
11.2 Russia Cigar and Cigarillos Market, Revenues & Volume, By Flavour, 2018 - 2028 |
12 Spain Cigar and Cigarillos Market, 2018 - 2028 |
12.1 Spain Cigar and Cigarillos Market, Revenues & Volume, By Product Type, 2018 - 2028 |
12.2 Spain Cigar and Cigarillos Market, Revenues & Volume, By Flavour, 2018 - 2028 |
13 Rest of Europe Cigar and Cigarillos Market, 2018 - 2028 |
13.1 Rest of Europe Cigar and Cigarillos Market, Revenues & Volume, By Product Type, 2018 - 2028 |
13.2 Rest of Europe Cigar and Cigarillos Market, Revenues & Volume, By Flavour, 2018 - 2028 |
14 Europe Cigar and Cigarillos Market Key Performance Indicators |
15 Europe Cigar and Cigarillos Market - Opportunity Assessment |
15.1 Europe Cigar and Cigarillos Market Opportunity Assessment, By Countries, 2021 & 2028F |
15.2 Europe Cigar and Cigarillos Market Opportunity Assessment, By Product Type, 2021 & 2028F |
15.3 Europe Cigar and Cigarillos Market Opportunity Assessment, By Flavour, 2021 & 2028F |
16 Europe Cigar and Cigarillos Market - Competitive Landscape |
16.1 Europe Cigar and Cigarillos Market Revenue Share, By Companies, 2021 |
16.2 Europe Cigar and Cigarillos Market Competitive Benchmarking, By Operating and Technical Parameters |
18 Company Profiles |
18 Recommendations |
19 Disclaimer |