Cigar and Cigarillo Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2032

Description

Persistence Market Research has conducted a thorough analysis of the Cigar and Cigarillo Market, providing a comprehensive report detailing its global landscape. This in-depth publication offers valuable insights into the market's dynamics, trends, opportunities, and challenges, providing a comprehensive overview of its structure. Backed by exclusive data and statistics, the research predicts the anticipated growth trajectory of the Cigar and Cigarillo Market spanning from 2024 to 2032.

The global cigar and cigarillo market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 4.3%, reaching a market value of US$ 32.3 billion by the conclusion of 2032.

Key Insights:

Cigar and Cigarillo Market Size (2024): US$ 21.76 billion
Projected Market Value (2032): US$ 32.3 billion
Global Market Growth Rate (CAGR 2024-2032): 4.3%

Cigar and Cigarillo Market - Report Scope:

Cigars and cigarillos hold a significant presence in the tobacco market, appealing to consumers seeking a leisurely smoking experience. These products, characterized by their varying sizes, shapes, and flavors, cater to diverse consumer preferences across different demographic segments. The market encompasses a wide range of products, including premium cigars, machine-made cigars, flavored cigarillos, and small cigars, serving various consumption occasions and price points.

Market growth is influenced by factors such as changing consumer lifestyles, cultural influences, regulatory frameworks, and taxation policies governing tobacco products. Additionally, evolving consumer preferences, product innovation, and marketing strategies shape market dynamics and drive competition among key market players.

Market Growth Drivers:

Consumer Preferences: Cigars and cigarillos appeal to consumers seeking a premium smoking experience, characterized by distinctive flavors, aromas, and packaging designs, contributing to market expansion and brand loyalty.

Cultural Significance: Cigars and cigarillos hold cultural significance in various regions worldwide, serving as symbols of celebration, social status, and relaxation, driving demand among enthusiasts and aficionados.

Product Innovation: Continuous product innovation, including the introduction of flavored cigarillos, limited-edition releases, and premium cigar blends, enhances market competitiveness and stimulates consumer interest and experimentation.

Market Restraints:

Regulatory Restrictions: Stringent regulations governing tobacco advertising, packaging, and sales, aimed at reducing tobacco-related harm and youth initiation, impose compliance burdens on manufacturers and distributors, affecting market access and profitability.

Health Concerns: Increasing awareness of the health risks associated with tobacco consumption, including respiratory diseases, cardiovascular disorders, and cancer, influences consumer attitudes and consumption patterns, impacting market demand and consumption frequency.

Market Opportunities:

Emerging Markets: The expanding middle-class population, rising disposable incomes, and evolving consumer lifestyles in emerging markets create new opportunities for market penetration and brand expansion, particularly in regions with growing urbanization and Westernization trends.

Product Diversification: Diversification into alternative tobacco products, such as cigarillos infused with natural flavors, organic tobacco blends, and innovative packaging formats, enables manufacturers to cater to evolving consumer preferences and regulatory requirements, fostering market differentiation and sustainability.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the cigar and cigarillo market globally?
Which product segments and flavor profiles are driving market adoption across different consumer demographics?
How are regulatory frameworks and taxation policies influencing market dynamics and competitive landscape?
Who are the key players contributing to the cigar and cigarillo market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global cigar and cigarillo market?

Competitive Intelligence and Business Strategy:

Leading players in the global cigar and cigarillo market, including Habanos S.A., Imperial Brands PLC, Scandinavian Tobacco Group A/S, and Swisher International Inc., focus on innovation, product diversification, and strategic partnerships to gain a competitive edge. These companies invest in research and development to develop premium cigar blends, expand distribution networks, and enhance brand visibility and market share. Collaborations with tobacco growers, retailers, and regulatory authorities facilitate market access and promote responsible marketing practices, while emphasis on product quality, consistency, and sustainability fosters consumer trust and loyalty in the dynamic tobacco landscape.

Key Companies Profiled

Scandinavian Tobacco Group A/S.
Imperial Brands
Habanos S.A.
Drew Estate LLC.
Swisher International, Inc.
Oettinger Davidoff AG
Swedish Match AB
Agio Cigars
Gurkha Cigars
El Artista Cigars
Arnold Andre GmbH & Co. KG
Dosal Tobacco Corporation
Oettinger Davidoff AG

Key Segments Covered in Cigar & Cigarillo Industry Research

Cigar & Cigarillo Market by Product Type:

Cigars
Cigarillos
Little Cigars

Cigar & Cigarillo Market by Flavor:

Fruit/Candy
Mint/Menthol
Chocolate
Others

Cigar & Cigarillo Market by Price Range:

Premium
Mass

Cigar & Cigarillo Market by Sales Channel:

Direct Sales
Cigar Specialty Stores
Hypermarkets/Supermarkets
Online Retailers
Other Sales Channels

Cigar & Cigarillo Market by Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East Africa

Product Code: PMRREP3180

1. Executive Summary

1.1. Global Market Overview
1.2. Summary of Key Statistics
1.3. Summary of Key Findings
1.4. Product Evolution Analysis
1.5. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Coverage/Taxonomy
2.2. Market Definition/Scope/Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Future Prospects of Cigar and Cigarillo Industry
- 3.2.1. Factors Fuelling Growth
- 3.2.2. Influx of Brands
- 3.2.3. Innovative Distribution & Marketing Strategies

4. Rules and Regulations

4.1. Warning Labels
4.2. Regulatory Options for Little Cigars
- 4.2.1. Product Description
- 4.2.2. Health Risks
- 4.2.3. Flavouring
- 4.2.4. Minimum Pack Sales Channel Regulatory Gap
4.3. Cigar Labeling and Warning Statement Requirements by FDA
4.4. Tobacco Control Laws
- 4.4.1. Use of E-Cigarettes is Prohibited
- 4.4.2. Tobacco Advertising is Prohibited in Mass Media
- 4.4.3. Others
4.5. Others (During the Course of Study)

5. Global Cigar and Cigarillo Market Demand Analysis 2019-2023 and Forecast, 2024-2032

5.1. Historical Market Volume ('000 Units) Analysis, 2019-2023
5.2. Current and Future Market Volume ('000 Units) Projections, 2024-2032
5.3. Y-o-Y Growth Trend Analysis

6. Global Cigar and Cigarillo Market - Pricing Analysis

6.1. Pricing Analysis By Product Type
6.2. Global Average Pricing Analysis Benchmark

7. Global Cigar and Cigarillo Market Demand (in Value or Sales Channel in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2032

7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2032
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis

8. Market Background

8.1. Global Cigar industry Outlook
- 8.1.1. Perception of Cigars
- 8.1.2. Prevalence of Smoking Cigars among Adults
- 8.1.3. Top 10 Cigars & Cigarillo Companies in the World
8.2. Macro-Economic Factors
- 8.2.1. GDP Growth Outlook
- 8.2.2. Consumer Spending Outlook
- 8.2.3. GDP Growth Rate Analysis
- 8.2.4. Internet Penetration Rate Outlook
- 8.2.5. Income Group Population Overview
- 8.2.6. Per Capita Disposable Income
8.3. Forecast Factors - Relevance & Impact
- 8.3.1. Top Companies Historical Growth
- 8.3.2. Increasing number of Students across the world.
- 8.3.3. Urbanization Growth Outlook
- 8.3.4. Others
8.4. PESTLE Analysis of Global Cigar and Cigarillo Market
8.5. Investment Feasibility Matrix of Cigar and Cigarillo Market
8.6. Porter's Five Forces Analysis of Global Cigar and Cigarillo Market
8.7. Market Dynamics
- 8.7.1. Drivers
- 8.7.2. Restraints
- 8.7.3. Opportunity Analysis

9. Global Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032, By Product Type

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume ('000 Units) Analysis by Product Type, 2019-2023
9.3. Current and Future Market Size (US$ Mn) and Volume ('000 Units) Analysis and Forecast by Product Type, 2024-2032
- 9.3.1. Cigar
- 9.3.2. Cigarillo
- 9.3.3. Little Cigar
9.4. Market Attractiveness Analysis by Product Type

10. Global Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032, by Price Range

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume ('000 Units) Analysis by Price Range, 2019-2023
10.3. Current and Future Market Size (US$ Mn) and Volume ('000 Units) Analysis and Forecast by Price Range, 2024-2032
- 10.3.1. Premium
- 10.3.2. Mass
10.4. Market Attractiveness Analysis by Price Range

11. Global Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032, by Sales Channel

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume ('000 Units) Analysis by Sales Channel, 2019-2023
11.3. Current and Future Market Size (US$ Mn) and Volume ('000 Units) Analysis and Forecast by Sales Channel, 2024-2032
- 11.3.1. Direct Sales
- 11.3.2. Cigar Specialty Stores
- 11.3.3. Hypermarkets/Supermarkets
- 11.3.4. Online Retailers
- 11.3.5. Other Sales Channel
11.4. Market Attractiveness Analysis by Sales Channel

12. Global Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032, by Flavour

12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Mn) and Volume ('000 Units) Analysis by Flavor, 2019-2023
12.3. Current and Future Market Size (US$ Mn) and Volume ('000 Units) Analysis and Forecast by Flavor, 2024-2032
- 12.3.1. Fruit/ Candy
- 12.3.2. Mint/Menthol
- 12.3.3. Chocolate
- 12.3.4. Others
12.4. Market Attractiveness Analysis by Flavor

13. Global Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032, by Region

13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume ('000 Units) Analysis by Region, 2019-2023
13.3. Current Market Size (US$ Mn) and Volume ('000 Units) Analysis and Forecast by Region, 2024-2032
- 13.3.1. North America
- 13.3.2. Latin America
- 13.3.3. Europe
- 13.3.4. East Asia
- 13.3.5. South Asia
- 13.3.6. Oceania
- 13.3.7. Middle East and Africa (MEA)
13.4. Market Attractiveness Analysis by Region

14. North America Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032

14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 14.4.1. By Country
  - 14.4.1.1. U.S.
  - 14.4.1.2. Canada
- 14.4.2. By Product Type
- 14.4.3. By Flavour
- 14.4.4. By Price Range
- 14.4.5. By Sales Channel
14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By Product Type
- 14.5.3. By Flavour
- 14.5.4. By Price Range
- 14.5.5. By Sales Channel

15. Latin America Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032

15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 15.4.1. By Country
  - 15.4.1.1. Brazil
  - 15.4.1.2. Mexico
  - 15.4.1.3. Rest of Latin America
- 15.4.2. By Product Type
- 15.4.3. By Flavour
- 15.4.4. By Price Range
- 15.4.5. By Sales Channel
15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Product Type
- 15.5.3. By Flavour
- 15.5.4. By Price Range
- 15.5.5. By Sales Channel

16. Europe Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 16.4.1. By Country
  - 16.4.1.1. Germany
  - 16.4.1.2. Italy
  - 16.4.1.3. France
  - 16.4.1.4. U.K.
  - 16.4.1.5. Spain
  - 16.4.1.6. Rest of Europe
- 16.4.2. By Product Type
- 16.4.3. By Flavour
- 16.4.4. By Price Range
- 16.4.5. By Sales Channel
16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Product Type
- 16.5.3. By Flavour
- 16.5.4. By Price Range
- 16.5.5. By Sales Channel

17. South Asia Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032

17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 17.4.1. By Country
  - 17.4.1.1. India
  - 17.4.1.2. Thailand
  - 17.4.1.3. Indonesia
  - 17.4.1.4. Malaysia
  - 17.4.1.5. Rest of South Asia
- 17.4.2. By Product Type
- 17.4.3. By Flavour
- 17.4.4. By Price Range
- 17.4.5. By Sales Channel
17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Product Type
- 17.5.3. By Flavour
- 17.5.4. By Price Range
- 17.5.5. By Sales Channel

18. East Asia Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032

18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 18.4.1. By Country
  - 18.4.1.1. China
  - 18.4.1.2. Japan
  - 18.4.1.3. South Korea
- 18.4.2. By Product Type
- 18.4.3. By Flavour
- 18.4.4. By Price Range
- 18.4.5. By Sales Channel
18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By Product Type
- 18.5.3. By Flavour
- 18.5.4. By Price Range
- 18.5.5. By Sales Channel

19. Oceania Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032

19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 19.4.1. By Country
  - 19.4.1.1. Australia
  - 19.4.1.2. New Zealand
- 19.4.2. By Product Type
- 19.4.3. By Flavour
- 19.4.4. By Price Range
- 19.4.5. By Sales Channel
19.5. Market Attractiveness Analysis
- 19.5.1. By Country
- 19.5.2. By Product Type
- 19.5.3. By Flavour
- 19.5.4. By Price Range
- 19.5.5. By Sales Channel

20. Middle East and Africa Cigar and Cigarillo Market Analysis 2019-2023 and Forecast 2024-2032

20.1. Introduction
20.2. Pricing Analysis
20.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
20.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2032
- 20.4.1. By Country
  - 20.4.1.1. GCC Countries
  - 20.4.1.2. Northern Africa
  - 20.4.1.3. South Africa
  - 20.4.1.4. Rest of Middle East and Africa
- 20.4.2. By Product Type
- 20.4.3. By Flavour
- 20.4.4. By Price Range
- 20.4.5. By Sales Channel
20.5. Market Attractiveness Analysis
- 20.5.1. By Country
- 20.5.2. By Product Type
- 20.5.3. By Flavour
- 20.5.4. By Price Range
- 20.5.5. By Sales Channel

21. Key Countries' Cigar and Cigarillo Market Analysis 2024-2032

21.1. Introduction
- 21.1.1. Market Value Proportion Analysis, By Key Countries
- 21.1.2. Global Vs. Country Growth Comparison
21.2. U.S. Cigar and Cigarillo Market Analysis
- 21.2.1. By Product Type
- 21.2.2. By Flavour
- 21.2.3. By Price Range
- 21.2.4. By Sales Channel
21.3. Canada Cigar and Cigarillo Market Analysis
- 21.3.1. By Product Type
- 21.3.2. By Flavour
- 21.3.3. By Price Range
- 21.3.4. By Sales Channel
21.4. Mexico Cigar and Cigarillo Market Analysis
- 21.4.1. By Product Type
- 21.4.2. By Flavour
- 21.4.3. By Price Range
- 21.4.4. By Sales Channel
21.5. Brazil Cigar and Cigarillo Market Analysis
- 21.5.1. By Product Type
- 21.5.2. By Flavour
- 21.5.3. By Price Range
- 21.5.4. By Sales Channel
21.6. Germany Cigar and Cigarillo Market Analysis
- 21.6.1. By Product Type
- 21.6.2. By Flavour
- 21.6.3. By Price Range
- 21.6.4. By Sales Channel
21.7. Italy Cigar and Cigarillo Market Analysis
- 21.7.1. By Product Type
- 21.7.2. By Flavour
- 21.7.3. By Price Range
- 21.7.4. By Sales Channel
21.8. U.K. Cigar and Cigarillo Market Analysis
- 21.8.1. By Product Type
- 21.8.2. By Flavour
- 21.8.3. By Price Range
- 21.8.4. By Sales Channel
21.9. China Cigar and Cigarillo Market Analysis
- 21.9.1. By Product Type
- 21.9.2. By Flavour
- 21.9.3. By Price Range
- 21.9.4. By Sales Channel
21.10. Japan Cigar and Cigarillo Market Analysis
- 21.10.1. By Product Type
- 21.10.2. By Flavour
- 21.10.3. By Price Range
- 21.10.4. By Sales Channel
21.11. S. Korea Cigar and Cigarillo Market Analysis
- 21.11.1. By Product Type
- 21.11.2. By Flavour
- 21.11.3. By Price Range
- 21.11.4. By Sales Channel
21.12. India Cigar and Cigarillo Market Analysis
- 21.12.1. By Product Type
- 21.12.2. By Flavour
- 21.12.3. By Price Range
- 21.12.4. By Sales Channel
21.13. Australia and New Zealand Cigar and Cigarillo Market Analysis
- 21.13.1. By Product Type
- 21.13.2. By Flavour
- 21.13.3. By Price Range
- 21.13.4. By Sales Channel
21.14. South Africa Cigar and Cigarillo Market Analysis
- 21.14.1. By Product Type
- 21.14.2. By Flavour
- 21.14.3. By Price Range
- 21.14.4. By Sales Channel

22. Market Structure Analysis

22.1. Market Analysis by Tier of Companies (Cigar and Cigarillo)
22.2. Market Concentration
22.3. Market Share Analysis of Top Players
22.4. Market Presence Analysis
- 22.4.1. By Regional footprint of Players
- 22.4.2. Product foot print by Players
- 22.4.3. Channel Foot Print by Players

23. Competition Analysis

23.1. Competition Dashboard
23.2. Pricing Analysis by Competition
23.3. Competition Benchmarking
23.4. Competition Deep Dive
- 23.4.1. Scandinavian Tobacco Group A/S.
  - 23.4.1.1. Overview
  - 23.4.1.2. Product Portfolio
  - 23.4.1.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.1.4. Sales Footprint
  - 23.4.1.5. Strategy Overview
    - 23.4.1.5.1. Marketing Strategy
    - 23.4.1.5.2. Product Strategy
    - 23.4.1.5.3. Channel Strategy
- 23.4.2. Imperial Brands
  - 23.4.2.1. Overview
  - 23.4.2.2. Product Portfolio
  - 23.4.2.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.2.4. Sales Footprint
  - 23.4.2.5. Strategy Overview
    - 23.4.2.5.1. Marketing Strategy
    - 23.4.2.5.2. Product Strategy
    - 23.4.2.5.3. Channel Strategy
- 23.4.3. Habanos S.A.
  - 23.4.3.1. Overview
  - 23.4.3.2. Product Portfolio
  - 23.4.3.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.3.4. Sales Footprint
  - 23.4.3.5. Strategy Overview
    - 23.4.3.5.1. Marketing Strategy
    - 23.4.3.5.2. Product Strategy
    - 23.4.3.5.3. Channel Strategy
- 23.4.4. Drew Estate LLC.
  - 23.4.4.1. Overview
  - 23.4.4.2. Product Portfolio
  - 23.4.4.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.4.4. Sales Footprint
  - 23.4.4.5. Strategy Overview
    - 23.4.4.5.1. Marketing Strategy
    - 23.4.4.5.2. Product Strategy
    - 23.4.4.5.3. Channel Strategy
- 23.4.5. Swisher International, Inc.
  - 23.4.5.1. Overview
  - 23.4.5.2. Product Portfolio
  - 23.4.5.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.5.4. Sales Footprint
  - 23.4.5.5. Strategy Overview
    - 23.4.5.5.1. Marketing Strategy
    - 23.4.5.5.2. Product Strategy
    - 23.4.5.5.3. Channel Strategy
- 23.4.6. Oettinger Davidoff AG
  - 23.4.6.1. Overview
  - 23.4.6.2. Product Portfolio
  - 23.4.6.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.6.4. Sales Footprint
  - 23.4.6.5. Strategy Overview
    - 23.4.6.5.1. Marketing Strategy
    - 23.4.6.5.2. Product Strategy
    - 23.4.6.5.3. Channel Strategy
- 23.4.7. Swedish Match AB
  - 23.4.7.1. Overview
  - 23.4.7.2. Product Portfolio
  - 23.4.7.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.7.4. Sales Footprint
  - 23.4.7.5. Strategy Overview
    - 23.4.7.5.1. Marketing Strategy
    - 23.4.7.5.2. Product Strategy
    - 23.4.7.5.3. Channel Strategy
- 23.4.8. Agio Cigars
  - 23.4.8.1. Overview
  - 23.4.8.2. Product Portfolio
  - 23.4.8.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.8.4. Sales Footprint
  - 23.4.8.5. Strategy Overview
    - 23.4.8.5.1. Marketing Strategy
    - 23.4.8.5.2. Product Strategy
    - 23.4.8.5.3. Channel Strategy
- 23.4.9. Gurkha Cigars
  - 23.4.9.1. Overview
  - 23.4.9.2. Product Portfolio
  - 23.4.9.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.9.4. Sales Footprint
  - 23.4.9.5. Strategy Overview
    - 23.4.9.5.1. Marketing Strategy
    - 23.4.9.5.2. Product Strategy
    - 23.4.9.5.3. Channel Strategy
- 23.4.10. El Artista Cigars
  - 23.4.10.1. Overview
  - 23.4.10.2. Product Portfolio
  - 23.4.10.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.10.4. Sales Footprint
  - 23.4.10.5. Strategy Overview
    - 23.4.10.5.1. Marketing Strategy
    - 23.4.10.5.2. Product Strategy
    - 23.4.10.5.3. Channel Strategy
- 23.4.11. Arnold Andre GmbH & Co. KG
  - 23.4.11.1. Overview
  - 23.4.11.2. Product Portfolio
  - 23.4.11.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.11.4. Sales Footprint
  - 23.4.11.5. Strategy Overview
    - 23.4.11.5.1. Marketing Strategy
    - 23.4.11.5.2. Product Strategy
    - 23.4.11.5.3. Channel Strategy
- 23.4.12. Dosal Tobacco Corporation
  - 23.4.12.1. Overview
  - 23.4.12.2. Product Portfolio
  - 23.4.12.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.12.4. Sales Footprint
  - 23.4.12.5. Strategy Overview
    - 23.4.12.5.1. Marketing Strategy
    - 23.4.12.5.2. Product Strategy
    - 23.4.12.5.3. Channel Strategy
- 23.4.13. Oettinger Davidoff AG
  - 23.4.13.1. Overview
  - 23.4.13.2. Product Portfolio
  - 23.4.13.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.13.4. Sales Footprint
  - 23.4.13.5. Strategy Overview
    - 23.4.13.5.1. Marketing Strategy
    - 23.4.13.5.2. Product Strategy
    - 23.4.13.5.3. Channel Strategy
- 23.4.14. Other Players (As Requested)
  - 23.4.14.1. Overview
  - 23.4.14.2. Product Portfolio
  - 23.4.14.3. Profitability by Market Segments (Product/Channel/Region)
  - 23.4.14.4. Sales Footprint
  - 23.4.14.5. Strategy Overview
    - 23.4.14.5.1. Marketing Strategy
    - 23.4.14.5.2. Product Strategy
    - 23.4.14.5.3. Channel Strategy