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2026-06-02 12:56:54 -

Cigar Market Expected to Reach USD 20.32 Billion by 2034

According to a new report from Intel Market Research, the global cigar market was valued at USD 16.93 billion in 2024 and is projected to reach USD 20.32 billion by 2034, growing at a steady CAGR of 2.7% during the forecast period. This growth is propelled by cultural celebration traditions, a rising premiumization trend, and expanding affluent consumer bases across key regions. Cigars are...

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