Argentina Cigars and Cigarillos Market Overview, 2028
The Argentina Cigars and Cigarillos market is projected to reach market size of more than USD 250 Million by 2028, increasing demand among young generation.
Smoking cigars is a long-standing and deeply ingrained practice in Argentina. Since cigars are a necessary component of social events, holidays, and customary rites, this cultural heritage continues to influence the market. Premium cigars are becoming increasingly popular in Argentina. Because of their expert craftsmanship, mature tobacco, and complex flavor characteristics, these cigars are highly prized. Connoisseurs and fans alike in Argentina have acquired a discriminating palate for the complexity and refinement that premium cigars offer. Argentina has some areas that are well-known for growing tobacco, especially the provinces of Salta and Jujuy. Argentina is a key player in the global tobacco market due to the lush lands in these regions, which greatly increase the nation's output of cigars. Premium cigars are increasingly popular in Argentina, where they are known for their fine craftsmanship, superior tobacco, and diverse flavor profiles. Connoisseurs who value the complexity and artistry of cigar building will enjoy these cigars. Argentina is home to a large number of cigar clubs and lounges, offering enthusiasts places to congregate, unwind, and enjoy cigars in a cozy and social setting. These places frequently stock a wide selection of cigars and cigarillos, which promotes customer interaction. The market for cigars and cigarillos in Argentina is a reflection of the diverse cultural influences that have shaped the nation's unique culture. The opportunity for cigar connoisseurs to sample cigars with flavors and influences from many places contributes to the market's diversity and complexity. The nation's methods for producing and blending tobacco have won praise from other countries. Argentina is known for producing high-quality cigars, and some of its blends are widely sought after by enthusiasts worldwide.
According to the research report "Argentina Cigars and Cigarillos Market Overview, 2028," published by Bonafide Research, the Argentina Cigars and Cigarillos market is projected to reach market size of more than USD 250 Million by 2028. Agriculture and tobacco cultivation are major industries in Argentina. This sector is vital to the success of the market since it provides the raw materials required for the manufacture of cigars and cigarillos. Responsible sourcing and worldwide trends are also supported by eco-friendly initiatives and sustainable agricultural methods in this sector. A significant portion of the market is devoted to the production of cigars and cigarillos. This sector includes the skill and artistry required to make a variety of cigar products, from premium cigars to smokes created on a machine to cigarillos. Cigar producers from Argentina, both indigenous and foreign, provide the market with a wealth of knowledge. In addition to emphasizing product quality, the manufacturing sector also promotes product innovation and development to meet changing consumer tastes. Argentina's manufacturing of wine and beverages complements the country's market for cigars and cigarillos. It has become more common to match cigars with Argentine wines, which results in a flavorful fusion that is pleasing to the palate. The flavor of smoking a cigar is enhanced by Argentine wines, which are renowned for their excellence and variety. The tradition of matching and general pleasure of cigars in Argentina is influenced by the wine business as well as other beverage producers. Argentina's market for cigars and cigarillos is directly related to the hospitality and tourism sectors. Travelers from all over the world are drawn to the nation because of its rich culture, festivals, and events dedicated to cigars. Hotels, restaurants, and cigar lounges are examples of hospitality businesses that provide areas for tourists and residents to indulge in the cigar experience, creating a symbiotic relationship between the tourism and cigar industries.
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Based on type market include cigars, cigarillos and little cigars. Little cigars are expected to grow at fastest rate in Argentina cigars and cigarillos market. Little cigars are a practical choice for smokers who are often on the go because they are small and simple to carry. They are appropriate for a variety of settings, including quick getaways or outdoor activities, thanks to their packing and reduced size. Many consumers' contemporary, fast-paced lifestyles are compatible with this convenience element. Little cigars are available in a wide variety of flavors and shapes, giving customers a wide range of options. These flavor choices can satisfy a wide range of palates by offering both conventional tobacco flavors and a variety of fruit, menthol, and dessert-inspired flavors. Some miniature cigars offer a distinctive smoking experience that appeals to both cigar and cigarette smokers by blurring the distinction between ordinary cigars and cigarettes. This adaptability can draw in a wider range of customers, including those who do not typically smoke cigars. The flavor type of the market include tobacco/ no flavored and flavored. There are many different flavors available in flavored cigars and cigarillos, including fruit, menthol, spice, and dessert-inspired alternatives. Customers who appreciate novelty and trying new flavors will be drawn to this wide variety of flavors. Products with flavors provide a sensory experience beyond that of ordinary tobacco, which appeals to smokers who want variation in their experience. In Argentina, people now regard smoking cigars as a hip and contemporary activity, changing how people view the practice. In keeping with this modern image, flavored cigars and cigarillos respond to the evolving tastes of smokers, who are younger and more daring.
Based on distribution channel market is segmented into Speciality store, hypermarket/supermarket, convenience stores, online and others. Among them online channel is expected to register significant growth in Argentina cigars and cigarillos market. Online channels offer unparalleled convenience and accessibility to consumers. With the rise of e-commerce platforms, individuals can browse, select, and purchase cigars and cigarillos from the comfort of their homes or on-the-go through their smartphones or computers. This convenience is particularly appealing to busy professionals and individuals seeking a hassle-free shopping experience. Online retailers frequently offer exclusive deals, promotions, and discounts that may not be available in physical stores. These incentives can include bundle discounts, loyalty programs, and special sales events, making online shopping even more appealing. As technology becomes an integral part of everyday life, especially among younger generations, there is a natural shift toward online shopping. This cultural change is evident in Argentina, where consumers increasingly turn to digital platforms for their purchasing needs, including cigars and cigarillos.
Considered in this report:
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
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Aspects covered in this report:
• Argentina Cigars and Cigarillos market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Type:
• Cigars
• Cigarillos
• Little Cigars
By Flavor:
• Tobacco/ No Flavor
• Flavored
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By Distribution Channel:
• Speciality Store
• Hypermarket/supermarket
• Convenience Stores
• Online
• Others
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.
Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Cigars and Cigarillos industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Table of Contents
Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Argnetina Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Argnetina Cigars and Cigarillos Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Type
6.3. Market Size and Forecast By Flavor
6.4. Market Size and Forecast By Price Range
6.5. Market Size and Forecast By Distribution Channel
7. Argnetina Cigars and Cigarillos Market Segmentations
7.1. Argnetina Cigars and Cigarillos Market, By Type
7.1.1. Argnetina Cigars and Cigarillos Market Size, By Cigars, 2017-2028
7.1.2. Argnetina Cigars and Cigarillos Market Size, By Cigarillos, 2017-2028
7.1.3. Argnetina Cigars and Cigarillos Market Size, By Little Cigars, 2017-2028
7.2. Argnetina Cigars and Cigarillos Market, By Flavor
7.2.1. Argnetina Cigars and Cigarillos Market Size, By Tobacco/ No Flavor, 2017-2028
7.2.2. Argnetina Cigars and Cigarillos Market Size, By Flavored, 2017-2028
7.3. Argnetina Cigars and Cigarillos Market, By Price Range
7.3.1. Argnetina Cigars and Cigarillos Market Size, By Mass, 2017-2028
7.3.2. Argnetina Cigars and Cigarillos Market Size, By Premium, 2017-2028
7.4. Argnetina Cigars and Cigarillos Market, By Distribution Channel
7.4.1. Argnetina Cigars and Cigarillos Market Size, By Speciality Store, 2017-2028
7.4.2. Argnetina Cigars and Cigarillos Market Size, By Hypermarket/ Supermarket, 2017-2028
7.4.3. Argnetina Cigars and Cigarillos Market Size, By Convenience Stores, 2017-2028
7.4.4. Argnetina Cigars and Cigarillos Market Size, By Online, 2017-2028
7.4.5. Argnetina Cigars and Cigarillos Market Size, By Others, 2017-2028
8. Argnetina Cigars and Cigarillos Market Opportunity Assessment
8.1. By Type, 2023 to 2028
8.2. By Flavor, 2023 to 2028
8.3. By Price Range, 2023 to 2028
8.4. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
List of Table
Table 1 : Influencing Factors for Global Cigars and Cigarillos Market, 2022
Table 2: Argnetina Cigars and Cigarillos Market Size and Forecast By Type (2017, 2022 & 2028F)
Table 3: Argnetina Cigars and Cigarillos Market Size and Forecast By Flavor (2017, 2022 & 2028F)
Table 4: Argnetina Cigars and Cigarillos Market Size and Forecast By Price Range (2017, 2022 & 2028F)
Table 5: Argnetina Cigars and Cigarillos Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 6: Argnetina Cigars and Cigarillos Market Size of Cigars (2017 to 2028) in USD Billion
Table 7: Argnetina Cigars and Cigarillos Market Size of Cigarillos (2017 to 2028) in USD Billion
Table 8: Argnetina Cigars and Cigarillos Market Size of Little Cigars (2017 to 2028) in USD Billion
Table 9: Argnetina Cigars and Cigarillos Market Size of Tobacco/ No Flavor (2017 to 2028) in USD Billion
Table 10: Argnetina Cigars and Cigarillos Market Size of Flavored (2017 to 2028) in USD Billion
Table 11: Argnetina Cigars and Cigarillos Market Size of Mass (2017 to 2028) in USD Billion
Table 12: Argnetina Cigars and Cigarillos Market Size of Premium (2017 to 2028) in USD Billion
Table 13: Argnetina Cigars and Cigarillos Market Size of Speciality Store (2017 to 2028) in USD Billion
Table 14: Argnetina Cigars and Cigarillos Market Size of Hypermarket/ Supermarket (2017 to 2028) in USD Billion
Table 15: Argnetina Cigars and Cigarillos Market Size of Convenience Stores (2017 to 2028) in USD Billion
Table 16: Argnetina Cigars and Cigarillos Market Size of Online (2017 to 2028) in USD Billion
Table 17: Argnetina Cigars and Cigarillos Market Size of Others (2017 to 2028) in USD Billion
List of Figures
Figure 1: Argnetina Cigars and Cigarillos Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Type
Figure 3: Market Attractiveness Index, By Flavor
Figure 4: Market Attractiveness Index, By Price Range
Figure 5: Market Attractiveness Index, By Distribution Channel
Figure 6: Porter's Five Forces of Argnetina Cigars and Cigarillos Market
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