Japan Cigars and Cigarillos Market Size, Share, and COVID-19 Impact Analysis, By Type (Cigars, Cigarillos, and Little Cigars), By flavor (Tobacco/ No flavored and Flavored), By Distribution Channel (Specialty Store, Hypermarket/Supermarket, Convenience Stores, Online and Others), and Japan Cigars and Cigarillos Market Insights Forecasts 2023 – 2033

Industry: Advanced Materials

RELEASE DATE Jan 2024
REPORT ID SI3479
PAGES 200
REPORT FORMAT PathSoft

Japan Cigars and Cigarillos Market Insights Forecasts to 2033

  • The Market Size is Growing at a CAGR of 4.1% from 2023 to 2033.
  • The Japan Cigars and Cigarillos Market Size is Expected to Hold a Significant Share by 2033.

 

Japan Cigars and Cigarillos Market

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The Japan Cigars and Cigarillos Market size is Expected to Hold a significant share by 2033, at a CAGR of 4.1% during the forecast period 2023 to 2033.  

 

Market Overview

Tobacco leaves that have been dried and matured are rolled into cigars designed for smoking. Cigars come in a variety of shapes and sizes. The filler, the leaf that holds the filler together (the binder leaf), and the wrapper leaf, which is usually the best leaf used. The cigar market has grown consistently and is expected to continue to do so during the forecast period due to its high level of product innovation, price sensitivity in comparison to cigarettes, product premiumization, and strong distribution system. Young customers' desire is fueled by the addition of various flavors, such as wine, tea, chocolate, and vanilla, to mask the bitter taste of tobacco. Japan is renowned for its craftsmanship, attention to detail, and appreciation of life's finer pleasures. The world of cigars and cigarillos naturally reflects this cultural preference for elegance. The Japanese have adopted the art of cigar smoking, which they view as a leisurely activity to be enjoyed, similar to the formal tea ceremony. The market for cigars and cigarillos in Japan is significant due to the growing population of cigar enthusiasts.

 

Report Coverage

This research report categorizes the market for the Japan cigars and cigarillos market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan cigars and cigarillos market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan cigars and cigarillos market.                 

 

Japan Cigars and Cigarillos Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2022-2032
Forecast Period 2022-2032 CAGR:4.1%
Historical Data for:2019 - 2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Type, By Distribution Channel and COVID-19 Impact Analysis.
Companies Covered: Japan Tobacco (JT), Yamanaka Cigar Co., Altadis, Takeda Cigar, and Others
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The growing demand for better alternatives, such as e-cigarettes and smokeless tobacco, due to rising awareness about the harmful effects of smoking tobacco, represents one of the crucial factors impelling the growth of the market in Japan. Key market players are also adapting their product portfolios according to changing consumer preferences, investing in R&D to innovate and create new, less harmful alternatives. This, in turn, serves as a significant growth-promoting factor. Furthermore, the increased use of precision farming techniques to increase crop yields, as well as the development of cutting-edge vaping technologies, are boosting the country's market growth.

 

Restraining Factors

The higher cost of cigars and cigarillos compared to other tobacco products is expected to hinder market growth over the forecast period, while rising consumer awareness of the benefits of a healthy lifestyle is expected to limit the adoption of such products, hindering market growth.

 

Market Segment

  • In 2023, the cigars segment accounted for the largest revenue share over the forecast period.

Based on type, the Japan cigars and cigarillos market is segmented into cigars, cigarillos, and little cigars. Among these, the cigars segment has the largest revenue share over the forecast period. Traditional cigars represent sophistication and success in Japan, where there is a strong preference for premium and high-end products. They are frequently served on special occasions, business meetings, and social gatherings, reinforcing their status as a prestigious choice. Japanese consumers strongly prefer premium international cigar brands, including those from Cuba, the Dominican Republic, and Nicaragua. These brands are known for their high quality, authenticity, and long-standing cigar-making traditions. The Japanese market's focus on premium international brands contributes to the dominance of traditional cigars.

 

  • In 2023, the tobacco/no-flavored segment is witnessing significant growth over the forecast period.

Based on lead flavor, the Japan cigars and cigarillos market is segmented into tobacco/ no flavored and flavored. Among these, the tobacco/no-flavored segment is witnessing significant growth over the forecast period. Japan places a high value on traditional and classic products, and this includes cigar and cigarillo options. Non-flavored tobacco products, also known as "straight" or "natural" cigars, define the traditional cigar experience. They are known for their unadulterated, rich, and complex flavors, which appeal to both traditionalists and aficionados and are made with high-quality tobacco. Customers in Japan place a high value on authenticity, especially when it comes to luxury and high-end products. Non-flavored cigars meet consumer demands for authenticity and true quality because they are made from pure, premium tobacco and are frequently produced by well-known brands.

 

  • In 2023, the convenience stores segment accounted for the largest revenue share over the forecast period.

Based on the distribution channel, the Japan cigars and cigarillos market is segmented into specialty stores, hypermarkets/supermarkets, convenience stores, online, and others. Among these, the convenience stores segment has the largest revenue share over the forecast period. This is attributed to the rising burden of cardiovascular diseases, which is increasing the demand for quality cardiology care, government initiatives to strengthen hospital infrastructure, the establishment of new cardiac centers, and an increase in the number of patients undergoing cardiac testing in hospitals. This factor is expected to boost the segment's growth in the coming years.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan cigars and cigarillos market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Japan Tobacco (JT)
  • Yamanaka Cigar Co.
  • Altadis
  • Takeda Cigar
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Japan Cigars and Cigarillos Market based on the below-mentioned segments:         

 

Japan Cigars and Cigarillos Market, By Type

  • Cigars
  • Cigarillos
  • Little Cigars

 

Japan Cigars and Cigarillos Market, By Flavor 

  • Tobacco/ No flavored
  • Flavored

 

Japan Cigars and Cigarillos Market, By Distribution Channel

  • Specialty Store
  • Hypermarket/Supermarket
  • Convenience Stores
  • Online and Others

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