MRRBIZ: Global Cigar Market: Trends & Opportunities - 2014-2018

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Albany, NY -- (SBWIRE) -- 09/26/2014 -- The global vaccines market is estimated to reach an approximate value of US$44 billion by the year 2017. Vaccines refer to medical preparations that aim at preventing ailments and diseases by stimulating certain immune responses to the diseases. Vaccines are considered to be one of the best inventions of the twentieth century in the field of medicine, because of their effectiveness. Vaccines, in the past have helped in eradicating certain deadly diseases like ox. However, no vaccine till date can be called 100% effective or perfectly safe.

There are two main segments in the global vaccines market which are the human vaccine segment and the animal vaccine segment. Human vaccines include adult, adolescent, pediatric, and other vaccines. Some of the popular animal vaccines include livestock, ovine, bovine, feline, canine, equine, porcine, and other vaccines.

The report titled “Global Cigar Market: Trends and Opportunities (2014-2018)” provides an in-depth analysis of major cigar markets of China, United States, Germany, Spain, the UK and China. It also accesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecasted period (2014-18). Further, key players of the industry like Imperial Tobacco, Habanos and Swedish Match have been profiled.

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Geographical Coverage

United States
The UK

Company Coverage

Swedish Match
Imperial tobacco

Executive Summary

The cigar market, in the recent years, had to face the brunt of global economic downturn. Currently, the market is growing at a decent pace with little cigars and cigarillos witnessing continuous rise in consumption and account for majority of sales. Premium cigars account for a very small percentage of overall cigar consumption but in terms of value and margins, it is very high compared to the mass cigar market.

Factors driving growth of the global cigar market are growth of emerging countries, impact of media and a gradual shift from cigarettes to cigars. While in some regions (Asia, South America, Central and Eastern Europe) there is growing popularity of cigars, the British culture is being passed to other developing countries as well. China is the potential market for cigar manufacturers as the country is fast growing in terms of cigar consumption. Flavored Cigars are gaining popularity in the US market as more teenagers or the first time smokers try flavored cigars in the US.

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