Cigar Cutter Market Report: Trends, Forecast and Competitive Analysis to 2030

Cigar Cutter Trends and Forecast

The future of the global cigar cutter market looks promising with opportunities in the supermarket & hypermarket, specialty store, and online retail markets. The global cigar cutter market is expected to reach an estimated $176.6 million by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing adoption of the cigar smoking culture, increasing preference for aesthetic designs based cigar cutter stone slabs, and expanding use of this product for promotional and gifting objectives.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Cigar Cutter by Segment

The study includes a forecast for the global cigar cutter by type, price range, distribution channel, end use, and region.

Cigar Cutter Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Guillotine
• Cigar Scissors
• Punch Cigar Cutter
• V-Cutter
• Double Blade Cutter
• Shuriken Cutter
• Others

Cigar Cutter Market by Price Range [Shipment Analysis by Value from 2018 to 2030]:

• Low
• Medium
• High
• Ultra-Premium

Cigar Cutter Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Supermarkets & Hypermarkets
• Specialty Stores
• Online Retail
• Others

Cigar Cutter Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Male
• Female
• Others

Cigar Cutter Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cigar Cutter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cigar cutter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cigar cutter companies profiled in this report include-

• Xikar
• Colibri
• Vertigo
• Cuban Crafters
• Milwaukee
• Tailor Made Cigar Company
• Rocky Patel
• Elie Bleu
• CRAFTD
• Cigar Cutter Direct

Cigar Cutter Market Insights

Lucintel forecasts that guillotine will remain the largest segment over the forecast period.

Within this market, supermarket & hypermarket is expected to witness the highest growth over the forecast period.

North America will remain the largest region over the forecast period.

Features of the Global Cigar Cutter Market

Market Size Estimates: Cigar cutter market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cigar cutter market size by various segments, such as by type, price range, distribution channel, end use, and region in terms of value ($M).

Regional Analysis: Cigar cutter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, price ranges, distribution channels, end uses, and regions for the cigar cutter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cigar cutter market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the cigar cutter market size?

Answer: The global cigar cutter market is expected to reach an estimated $176.6 million by 2030.

Q2. What is the growth forecast for cigar cutter market?

Answer: The global cigar cutter market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the cigar cutter market?

Answer: The major drivers for this market are growing adoption of the cigar smoking culture, increasing preference for aesthetic designs based cigar cutter stone slabs, and expanding use of this product for promotional and gifting objectives.

Q4. What are the major segments for cigar cutter market?

Answer: The future of the cigar cutter market looks promising with opportunities in the supermarket & hypermarket, specialty store, and online retail markets.

Q5. Who are the key cigar cutter market companies?

Answer: Some of the key cigar cutter companies are as follows:

• Xikar
• Colibri
• Vertigo
• Cuban Crafters
• Milwaukee
• Tailor Made Cigar Company
• Rocky Patel
• Elie Bleu
• CRAFTD
• Cigar Cutter Direct

Q6. Which cigar cutter market segment will be the largest in future?

Answer: Lucintel forecasts that guillotine will remain the largest segment over the forecast period.

Q7. In cigar cutter market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the cigar cutter market by type (guillotine, cigar scissors, punch cigar cutter, v-cutter, double blade cutter, shuriken cutter, and others), price range (low, medium, high, and ultra-premium), distribution channel (supermarkets & hypermarkets, specialty stores, online retail, and others), end use (male, female, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?