India Cigar and Cigarillos Market: Emerging Trends and Growth Opportunities
The Indian cigar and cigarillos market is expected to grow at a CAGR of 4.5% during the forecast period 2021-2028. The growth of the market is attributed to the rising disposable income of the Indian population, increasing urbanization, and growing popularity of cigars as a status symbol. The market is segmented by product type, flavor, category, size, and sales channel. Based on product type, the market is divided into cigars and cigarillos . Cigars are longer and have a wider diameter than cigarillos. Cigarillos are also known as little cigars or cigarillos. Based on flavor, the market is segmented into natural, flavored, and infused. Natural cigars are made with tobacco leaves that have not been flavored or infused with any other ingredients. Flavored cigars are made with tobacco leaves that have been flavored with a variety of ingredients, such as chocolate, vanilla, or fruit. Infused cigars are made with tobacco leaves that have been infused with a liquid, such as rum or whiskey