Alcohol Infused Cigar Market: Introduction
Cigars infused with alcohol are becoming popular worldwide, especially in the United States. New methods of flavoring, innovative taste, and marketing concepts as well as the use of hand rollers to make the cigars have resulted in market growth. The cigars are directly soaked in vanilla, rum, honey, as well as dozens of other flavors which result in different varieties of alcohol infused cigars with different taste and aroma. Therefore, the alcohol infused cigar market is likely to witness huge growth globally during the forecast period.
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Key Drivers and Opportunities of the Global Alcohol Infused Cigar Market
- People, especially teens are becoming attracted toward alcohol infused cigars owing to the availability of various flavors and aromas. Irish cream, amaretto, rum, whisky etc. are the popular flavors in recent years. The addition of sweet and fruity flavors into the cigar is prompting many newcomers and teens to taste alcohol infused cigars. This in turn is anticipated to drive the demand for alcohol infused cigars during the forecast period.
- Additionally, growing innovation in alcohol infused cigars that hide the ridged taste of tobacco and marketing the concept of sweet and fruity flavored cigars is also proliferating the demand for alcohol infused cigars. Favorable tax rate in many developed countries for cigars is also helping the market to grow. This is further expected to boost the alcohol infused cigar market during the forecast period.
- Extensive cigar smoking results in gum disease and tooth loss. Additionally, heavy cigar smoking escalates the risk of developing coronary heart diseases. Addition of flavors reduces the harsh taste of tobacco which has resulted in growing demand for flavored cigars from the younger population. However, the harmful impact of flavored cigar smoking remains the same. Heavy alcohol infused cigar smoking results in increased levels of cytotoxicity and apoptosis in airway epithelia. All these factors are projected to restrain the growth of the alcohol infused cigar market during the forecast period.
North America to Hold Major Share of the Global Alcohol Infused Cigar Market
- In terms of region, the alcohol infused cigar market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- North America is expected to hold major share of the global alcohol infused cigar market during the forecast period because of the preference of teens and adults for the cigars which provide them different flavors and taste. Manufacturers in the region provide the products as per consumer requirement, due to which the demand has propelled for the product.
Key Players Operating in the Global Alcohol Infused Cigar Market
- Altria Group, Inc.
- British American Tobacco Plc
- Cigars International
- Davidoff of Geneva USA Online, Inc.
- Drew Estate
- Gurkha Cigar Group
- Imperial Brands Plc.
- Miami Cigar & Company
- Rocky Patel
- Scandinavian Tobacco Group A/S
Global Alcohol Infused Cigar Market: Research Scope
Global Alcohol Infused Cigar Market, by Product Type
- Hand-rolled flavored cigars
- Machine-made flavored cigars
Global Alcohol Infused Cigar Market, by Flavor Type
- Floral
- Coffee
- Wine
- Vanilla
- Other (Fire Cured, Café, etc.)
Global Alcohol Infused Cigar Market, by Price
- Low
- Medium
- High
Global Alcohol Infused Cigar Market, by Distribution Channel
- Online
- Company Owned Portals
- E-commerce Websites
- Offline
- Supermarket & Hypermarkets
- Convenience Stores
- Other Retail Stores
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
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The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
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