Albany, NY -- (SBWIRE) -- 09/05/2017 -- A new publication titled Cigar and Cigarillos Market: Europe Industry Analysis and Forecast, 20162024, provides detailed information about the fruit and candy flavored cigars and cigarillos that are very popular among European consumers. According to the analysts, the tobacco/no flavor segment accounts for a significant share of revenue in the Europe cigar and cigarillos market and is likely to register high growth rate during the forecast period (2016 2024). The report further states that cigar smokers prefer high-quality products in a variety of flavors at a relatively low cost.
Besides preferring products with attractive packaging, cigar smokers prefer longer cigars and cigarillos owing to the longer smoking duration offered by these products. A detailed study of key market players shows that strengthening and expanding the product portfolio along with high product visibility is a key strategy adopted by manufacturers in the region. Persistence Market Research recommends that manufacturers need to focus on manufacturing quality products and ensure easy availability of products via internet retailing and other well-established distribution channels.
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The report begins with the market definition, followed by definitions of the different cigar and cigarillos in the market. The market dynamics section includes Persistence Market Researchs analysis of key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the Europe cigar and cigarillos market. Also, the pricing analysis of different products is mentioned for upcoming cigars and cigarillos. The report analyzes the market on the basis of application and presents a forecast by value for the next eight years. The various segments of the Europe cigar and cigarillos market have been analyzed in terms of basis point share (BPS) to understand individual segments relative contribution to overall market growth. This detailed level of information is important for identifying various key trends governing the Europe cigars and cigarillos market.
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Finally, a competitive landscape has been included in the report to provide report audiences with a dashboard view. Key categories of providers covered in the report include cigar and cigarillos raw material suppliers and key market players. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the Europe cigar and cigarillo market. Various barriers to entry in the industry are analyzed and rated on the basis of their impact on the competition level in the market.
Europe Cigar and Cigarillos Market Segmentation
To understand and assess opportunities in the Europe cigar and cigarillos market, the analysts at Persistence Market Research have divided the report into two sections based on market segmentation as under:
By Flavor Type
- Tobacco/No Flavor
- Fruit & Candy
- Mint & Menthol
- Chocolate & Vanilla
By Focus Region
- Eastern Europe
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- Imperial Brands Plc
- British American Tobacco PLC
- Japan Tobacco, Inc.
- Swisher International Inc.
- Swedish Match AB
- Altria Group, Inc.
- Arnold André GmbH & Co. KG
- Agio Cigars GmbH
- J.Cortès Cigars
- Joh. Wilh. von Eicken GmbH
- Dannemann Cigarrenfabrik GmbH
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