Cigar Market - Pmr Market Insight Report 2015 to 2021

Cigar Market - PMR Market Insight Report 2015 to 2021

Persistence Market Research

Cigar Market - PMR Market Insight Report

2015 to 2021

Persistence Market Research

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Cigar Market - PMR Market Insight Report 2015 to 2021

Persistence Market Research Released New Market Report on “Cigar Market PMR Market Insight Report 2015 to 2021”.

Cigars are firmly-rolled cylindrical bundle of fermented and dried tobacco which is

ignited and smoked by drawing in the mouth. Cigar tobacco is mostly grown in Latin

America, Philippines, Eastern United States, Spain and Italy. Cigar is considered to

be a status symbol by many and is more prevalent in European countries within

premium segment.

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The Cigars market across the globe is expected to show a single digit increase in

CAGR growth by the year 2019. There is a significant increase in the Cigar market

due to the usage of Cigar in multiple occasions such as social parties, birthday

parties, colleges and among corporate.

The key drivers of this market include the addition of smokers to inhale and cigars

are considered superior than cigarettes due to lower levels of nicotine. Rising

middle class, culture shift and affluent life style are among other driving forces in

cigar consumption. Restraining factors could be plethora of government regulations

and ban on tobacco production and consumption in several countries. In addition

growing health concerns and aging of population act as another major restrains to

consumption of Cigar. Major distribution channels are supermarkets, speciality

stores and departmental stores.

Persistence Market Research

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Cigar Market - PMR Market Insight Report 2015 to 2021

The Cigar market can be segmented into three major types on the basis of

composition as wrappers, fillers and binders. It can also be segmented on the basis

of shape and size as Parejo, Figurado, Pyramid, Culebras, Tuscanian and Little...