Cigars and cigarillos market is estimated to be valued at USD 32.52 Bn in 2025 and is expected to reach USD 42.25 Bn by 2032, exhibiting at a compound annual growth rate (CAGR) of 3.8% from 2025 to 2032. Cigars and cigarillos sector has been expanding modestly over the past few years driven by an increased demand among young adult consumer groups who see smoking cigars and cigarillos as a leisure activity.
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The demand for premium and hand-rolled cigars in particular has increased its popularity as a way for consumers to enjoy the smoking experience. New product launches catering to evolving consumer preferences along with the social status associated with certain cigars brands are expected to continue spurring the market growth through 2032.
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